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According to the public record, 8, Farrow Close, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 836 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Farrow Close, Luton is £311,461 and the estimated rental value is £1,549 per month.
Farrow Close, Luton, LU3 is located within the LU3 postal district.
8, Farrow Close, Luton has 41 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 8, Farrow Close, Luton is in very good condition we estimate a sale value of £327,034 and a rental value of £1,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,659 and a rental value of £1,441 per month.
Over the last 12 months the sale value of 8 Farrow Close Luton has increased by an estimated £4,818 (1.5%) and its rental value has increased by an estimated £39 per month (2.5%), giving an expected gross yield of 6%.
According to HM Land Registry, 8, Farrow Close, Luton was last sold on 17th August 2007 for £165,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2007, the market for similar properties has risen 56.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Farrow Close, Luton within a radius of 670 metres over the last 2 years.
The most recent example is 39, Spurcroft, Luton, LU3 4EG, a freehold house which sold for £330,000 on the 6th December 2024.
Read more about house prices in LU3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farrow Close, Luton, LU3 has a total of 39 addresses. According to our analysis of all the public data, 8, Farrow Close, Luton is the 5th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in LU3.
The closest station to 8, Farrow Close, Luton is Leagrave station which is 2.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Farrow Close, Luton, 38.9% of property is privately owned with a mortgage and 31.0% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Farrow Close, Luton, 15.7% of residents are recorded as possessing school level qualifications and 33.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Farrow Close, Luton, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Farrow Close, Luton, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Farrow Close, Luton, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.