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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 87, Hockwell Ring, Luton is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 87, Hockwell Ring, Luton is £177,259 and the estimated rental value is £1,078 per month.
The apartment is within 87, Hockwell Ring, Luton, LU4.
Hockwell Ring, Luton, LU4 is located within the LU4 postal district.
87, Hockwell Ring, Luton has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 87, Hockwell Ring, Luton is in very good condition we estimate a sale value of £186,122 and a rental value of £1,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,851 and a rental value of £1,002 per month.
Over the last 12 months the sale value of 87 Hockwell Ring Luton has increased by an estimated £1,857 (1.0%) and its rental value has increased by an estimated £24 per month (2.2%), giving an expected gross yield of 7.3%.
87, Hockwell Ring, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 87, Hockwell Ring, Luton was last sold on 19th November 2022 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Hockwell Ring, Luton within a radius of 540 metres over the last 2 years.
The most recent example is 6, Strangers Way, Luton, LU4 9NE, a leasehold flat which sold for £165,000 on the 3rd November 2021.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hockwell Ring, Luton, LU4 has a total of 173 addresses. According to our analysis of all the public data, 87, Hockwell Ring, Luton is the 144th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in LU4.
The closest station to 87, Hockwell Ring, Luton is Leagrave station which is 1.2 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 87, Hockwell Ring, Luton, 53.3% of property is socially rented and 22.1% is privately owned with a mortgage.
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 87, Hockwell Ring, Luton, 32.2% of residents are recorded as possessing school level qualifications and 18.8% 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 87, Hockwell Ring, Luton, the average age was 37 and the most common age was 7.
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 87, Hockwell Ring, 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 87, Hockwell Ring, Luton, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
