40 Vernon Road

    40, VERNON ROAD, LUTON, LUTON, LU1 1NY

    This semi-detached freehold property on Vernon Road last sold in January 2004 for £112,000. Based on price growth in the LU1 district since then, its estimated current value is £258,787 — placing it in the 40th percentile nationally and the 44th percentile within LU1. The property covers 129 m² (1,389 sq ft), giving an estimated value of £2,006 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £112,000

    Jan 2004

    Estimated Valuation

    £258,787

    Est. £/sq ft

    £186/sq ft

    £2,006/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateJan 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jan 2004

    £112,000

    Key Metrics

    Estimated valuation£258,787
    Value per sq ft / m²£186/sq ft (£2,006/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile44th percentile
    National percentile40th 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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