55 Mulberry Close

    55, MULBERRY CLOSE, LUTON, LU1 1BY

    This detached freehold property on Mulberry Close last sold in May 2020 for £220,000. Based on price growth in the LU1 district since then, its estimated current value is £222,658 — placing it in the 30th percentile nationally and the 31st percentile within LU1. The property covers 80 m² (861 sq ft), giving an estimated value of £2,783 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £220,000

    May 2020

    Estimated Valuation

    £222,658

    Est. £/sq ft

    £259/sq ft

    £2,783/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateSept 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    21 May 2020

    £220,000

    14 Feb 2007

    £148,000

    17 Feb 2006

    £130,000

    Key Metrics

    Estimated valuation£222,658
    Value per sq ft / m²£259/sq ft (£2,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile31st percentile
    National percentile30th 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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