2 Mulberry Close

    2, MULBERRY CLOSE, LUTON, LUTON, LU1 1BY

    This flat/maisonette leasehold property on Mulberry Close last sold in July 2007 for £105,000. Based on price growth in the LU1 district since then, its estimated current value is £126,242 — placing it in the 8th percentile nationally and the 9th percentile within LU1. The property covers 49 m² (527 sq ft), giving an estimated value of £2,576 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £105,000

    Jul 2007

    Estimated Valuation

    £126,242

    Est. £/sq ft

    £239/sq ft

    £2,576/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 area527 sq ft (49 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Jul 2007

    £105,000

    18 Aug 2003

    £87,500

    4 Nov 1999

    £41,000

    4 Sept 1998

    £28,000

    Key Metrics

    Estimated valuation£126,242
    Value per sq ft / m²£239/sq ft (£2,576/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile9th percentile
    National percentile8th 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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