2 Vernon Road

    2, VERNON ROAD, LUTON, LUTON, LU1 1NY

    This terraced freehold property on Vernon Road last sold in November 2006 for £149,000. Based on price growth in the LU1 district since then, its estimated current value is £298,693 — placing it in the 49th percentile nationally and the 58th percentile within LU1. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,691 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £149,000

    Nov 2006

    Estimated Valuation

    £298,693

    Est. £/sq ft

    £250/sq ft

    £2,691/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Nov 2006

    £149,000

    Key Metrics

    Estimated valuation£298,693
    Value per sq ft / m²£250/sq ft (£2,691/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile58th percentile
    National percentile49th 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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