Flat 8, 4 Farley Hill, Luton, LU1 5HQ is a leasehold flat built between 1996-2002. The property offers approximately 872 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £195,261 , which equates to approximately £224 per square foot. It was last sold on 10 Aug 2007 for £141,000. Since then, the value has increased by £54,261, representing a 38.5% increase, or approximately 2.1% per year.

The current estimated value of £195,261 is:

  • 33.9% lower than the average property price on Farley Hill
  • 32.7% lower than the average in the LU1 5HQ postcode area
  • and 40.0% lower than the average price for Luton as a whole

At the most recent EPC inspection on 19 December 2020, the property was recorded as rented.

View sold house prices in LU1 5HQ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
872 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£195,261
Price Per sq ft (estimate)
£224
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 8, 4 Farley Hill, Luton, LU1 5HQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Dec 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Sep 2010. The rating of D is unchanged, though the energy efficiency score decreased by 1.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to LU1 5HQ

31 st / 36
Price Rank
33% lower than average
24 th / 32
Size Rank
8% smaller than average
30 th / 32
Price Per Sq FT Rank
27% lower than average

Compared to other properties in LU1 5HQ , this flat's estimated value ranks 31th out of 36. Based on price per square foot, it ranks 30th out of 32 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 24th out of 32 properties in its postcode area.

Sale History

Today
£195,261
streetscan.co.uk estimate
+38 %
10 Aug 2007
£141,000
Leasehold
+8.5 %
21 Apr 2005
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 904 sq ft
sale price: £165,000
sale date: 12 Aug 2016
rooms: 3
size: 775 sq ft
sale price: £200,000
sale date: 16 Oct 2023
rooms: 4
size: 764 sq ft
sale price: £112,000
sale date: 26 Apr 2013

Data Sources

The property at Flat 8, 4 Farley Hill, Luton, LU1 5HQ appears two times in the Land Registry records, with the latest transaction recorded on 10 Aug 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Dec 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.