4 Vernon Road

    4, VERNON ROAD, LUTON, LU1 1NY

    This terraced freehold property on Vernon Road last sold in July 2020 for £215,000. Based on price growth in the LU1 district since then, its estimated current value is £249,837 — placing it in the 37th percentile nationally and the 40th percentile within LU1. The property covers 100 m² (1,076 sq ft), giving an estimated value of £2,498 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £215,000

    Jul 2020

    Estimated Valuation

    £249,837

    Est. £/sq ft

    £232/sq ft

    £2,498/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,076 sq ft (100 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2020

    £215,000

    3 Feb 2003

    £48,500

    Key Metrics

    Estimated valuation£249,837
    Value per sq ft / m²£232/sq ft (£2,498/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile40th percentile
    National percentile37th 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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