# 33 FAIRFAX AVENUE, LUTON, LU3 3DE

## Property details

- Slug: `e8540bd` (address key hash: `e8540bd349ef92aa163c5810464e94b25d958ad6`)
- Postcode: LU3 3DE
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 2
- Bathrooms: 1
- Floor area: 55 m²
- EPC rating: C
- Year built: England and Wales: 1967-1975
- Last sold: £190,000 Feb 2026
- Price per m²: £3,455/m²
- Local average: £152,681 (20 sales)
- Street crime: 229 incidents within 1 mile (May 2026)

## Latest sale

- Price: £190,000
- Date: 2026-02-20
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 24/06/2035
- **Current heating cost:** £449/year
- **Est. upgrade cost to C:** £1,200

### Recommendations
- B (£900 - £1,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8135-1326-6500-0165-2222)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-02-20 | £190,000 | Flat | +52% | £192,245 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4e75c29c-cfa5-8922-e063-4804a8c094d0) |
| Sold | 2014-08-08 | £125,000 | Flat | — | £181,154 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/e015ec9d-aa4e-40e7-ae5e-28d189bd30b9) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 33 FAIRFAX AVENUE, LUTON, LU3 3DE | £190,000 | 20/02/2026 | Flat |
| 33 FAIRFAX AVENUE, LUTON, LU3 3DE | £125,000 | 08/08/2014 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [164158700](http://87.117.209.195:8080/listings/2122b27)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £190,000 |
| listed | 2025-07-04 | £190,000 |
| sold | 2014-01-01 | £125,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 68 ORCHID CLOSE, LUTON, LU3 3EX | £180,000 | 16/07/2025 | Flat |
| 78 ORCHID CLOSE, LUTON, LU3 3EX | £170,000 | 19/10/2023 | Flat |
| 76 ORCHID CLOSE, LUTON, LU3 3EX | £187,500 | 28/04/2023 | Flat |
| 72 ORCHID CLOSE, LUTON, LU3 3EX | £185,000 | 19/04/2023 | Flat |
| 31 FAIRFAX AVENUE, LUTON, LU3 3DE | £200,000 | 31/10/2022 | Flat |
| 87 ORCHID CLOSE, LUTON, LU3 3EX | £182,500 | 07/10/2022 | Flat |
| 4 ORCHID CLOSE, LUTON, LU3 3EX | £171,000 | 01/07/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 4 SUNDON PARK ROAD, LUTON, LU3 3AG | £225,000 | 31/05/2022 | Flat |
| 69 ORCHID CLOSE, LUTON, LU3 3EX | £167,000 | 29/04/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 6 SUNDON PARK ROAD, LUTON, LU3 3AG | £220,000 | 14/04/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 5 SUNDON PARK ROAD, LUTON, LU3 3AG | £230,000 | 01/04/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 1 SUNDON PARK ROAD, LUTON, LU3 3AG | £220,000 | 14/03/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 7 SUNDON PARK ROAD, LUTON, LU3 3AG | £231,000 | 25/02/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 9 SUNDON PARK ROAD, LUTON, LU3 3AG | £235,000 | 18/02/2022 | Flat |
| 63 ORCHID CLOSE, LUTON, LU3 3EX | £171,000 | 18/02/2022 | Flat |
| 90 ORCHID CLOSE, LUTON, LU3 3EX | £175,000 | 17/02/2022 | Flat |
| 11 ORCHID CLOSE, LUTON, LU3 3EX | £170,000 | 14/02/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 8 SUNDON PARK ROAD, LUTON, LU3 3AG | £225,000 | 08/02/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 10 SUNDON PARK ROAD, LUTON, LU3 3AG | £200,000 | 08/02/2022 | Flat |
| FARMAN COURT, 102 - 104 FLAT 2 SUNDON PARK ROAD, LUTON, LU3 3AG | £220,000 | 31/01/2022 | Flat |

**Area average:** £198,250 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 14.3%
- **10y growth:** 8.2%

## House Price Index (HM Land Registry)

*Official index for Luton; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -6.5%
- **5y growth (index):** 3%
- **10y growth (index):** 14.9%

## Rental Range

*ONS Price Index of Private Rents (Luton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,095/mo
- **Realistic:** £1,217/mo
- **Optimistic:** £1,339/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Terraced House, Spinney Road, LU3 | £1,600/mo | 1 | 0.17 miles | OpenRent |
| Studio Flat, Cranbrook Drive, LU3 | £1,100/mo | 1 | 0.26 miles | OpenRent |
| Studio Flat, Cranbrook Drive, LU3 | £900/mo | 1 | 0.35 miles | OpenRent |

**Average rent: £1,200/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 6.9%
- **Cost-to-rent:** 14.4×
- **Monthly cashflow:** £217/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 85 |
| Anti-social behaviour | 44 |
| Public order | 19 |
| Criminal damage and arson | 14 |
| Other theft | 14 |
| Vehicle crime | 12 |
| Drugs | 9 |
| Burglary | 8 |
| Other crime | 8 |
| Shoplifting | 8 |
| Possession of weapons | 4 |
| Theft from the person | 2 |
| Bicycle theft | 1 |
| Robbery | 1 |
| **Total incidents** | **229** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Parklea Primary School | Primary | 0.3 miles | Good — 24 Mar 2024 |
| Waulud Primary School | Primary | 0.4 miles | Good — 12 Dec 2012 |
| Lealands High School | Secondary | 0.4 miles | Good — 14 Jun 2023 |
| Whitefield Primary Academy | Primary | 0.5 miles | Good — 17 Mar 2016 |
| The Gill Blowers Nursery School | Nursery | 0.5 miles | Good — 13 Feb 2020 |