59b Malvern Road

    59B, MALVERN ROAD, LUTON, LUTON, LU1 1LG

    This flat/maisonette leasehold property on Malvern Road last sold in May 2008 for £145,000. Based on price growth in the LU1 district since then, its estimated current value is £214,150 — placing it in the 28th percentile nationally and the 28th percentile within LU1. The property covers 45 m² (484 sq ft), giving an estimated value of £4,759 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £145,000

    May 2008

    Estimated Valuation

    £214,150

    Est. £/sq ft

    £442/sq ft

    £4,759/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateMay 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2008

    New build

    £145,000

    Key Metrics

    Estimated valuation£214,150
    Value per sq ft / m²£442/sq ft (£4,759/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile28th percentile
    National percentile28th 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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