Flat 7 4 Farley Hill

    FLAT 7 4, FARLEY HILL, LUTON, LU1 5HQ

    This flat/maisonette leasehold property on Farley Hill last sold in August 2016 for £165,000. Based on price growth in the LU1 district since then, its estimated current value is £223,584 — placing it in the 31st percentile nationally and the 31st percentile within LU1. The property covers 84 m² (904 sq ft), giving an estimated value of £2,662 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £165,000

    Aug 2016

    Estimated Valuation

    £223,584

    Est. £/sq ft

    £247/sq ft

    £2,662/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area904 sq ft (84 m²)
    EPC dateApr 2016
    WallsTimber frame, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    12 Aug 2016

    £165,000

    3 Aug 2007

    £141,500

    4 May 2006

    £125,000

    Key Metrics

    Estimated valuation£223,584
    Value per sq ft / m²£247/sq ft (£2,662/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile31st percentile
    National percentile31st percentile

    District Context — LU1

    LU1 covers Luton town centre and its immediate surroundings in Bedfordshire, positioned north of London on the main transport corridor. It is a densely populated urban area with a diverse, younger demographic and a strong private rental market.

    Average Property Price - LU1

    £321,141

    49

    National percentile

    Average Net Household Income - LU1

    £19,025

    2

    National percentile

    10-Year Annualised Price Growth - LU1

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU1

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