50, Magpie Meadows
50, Magpie Meadows
Description & Estimates
According to the public record, 50, Magpie Meadows, Luton is a modern freehold house with 1,883 ft2 of internal area and sits on a 523 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 50, Magpie Meadows, Luton is £715,055 and the estimated rental value is £2,764 per month.
Magpie Meadows, Caddington, Luton, LU1 is located within the LU1 postal district.
Our Data Sources
50, Magpie Meadows, Luton has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 50, Magpie Meadows, Luton is in very good condition we estimate a sale value of £750,808 and a rental value of £2,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £665,001 and a rental value of £2,570 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 50, Magpie Meadows, Luton has dropped by £6,596 (0.9%), while its estimated rental value has risen by £22 per month (0.8%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 50, Magpie Meadows, Luton sits on a plot of 523 m2.
We have plot size data on 49 out of 49 other houses in the postcode and 50, Magpie Meadows, Luton sits on the 3rd largest plot.
Energy Efficiency
50, Magpie Meadows, Luton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 50, Magpie Meadows, Luton was last sold on 5th March 2020 for £699,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has dropped by 22.0%.
- Sold Mar 2020£699,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Magpie Meadows, Luton within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 44, Magpie Meadows, Luton, LU1 4FU, a freehold house which sold for £634,950 on the 10th December 2020.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Magpie Meadows, Caddington, Luton, LU1 has a total of 49 addresses. According to our analysis of all the public data, 50, Magpie Meadows, Luton is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £444k more expensive than the average property in LU1.
More reading links
Schools Nearby
- 1.2kmDownside Primary School
- 1.2kmFoxdell Primary School
- 1.7kmWhipperley Infant Academy
- 1.6kmChallney High School for Boys
- 2.0kmChallney High School for Girls
- 2.3kmThe Stockwood Park Academy
More reading links
Public Transport Nearby
The closest station to 50, Magpie Meadows, Luton is Leagrave station, which is 2.7 kilometres away.
- 2.7kmLeagrave
- 3.4kmLuton
- 4.7kmLuton Airport Parkway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
