5 Vernon Road

    5, VERNON ROAD, LUTON, LU1 1NY

    This terraced freehold property on Vernon Road last sold in September 2015 for £176,000. Based on price growth in the LU1 district since then, its estimated current value is £269,461 — placing it in the 42nd percentile nationally and the 48th percentile within LU1. The property covers 72 m² (775 sq ft), giving an estimated value of £3,743 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £176,000

    Sept 2015

    Estimated Valuation

    £269,461

    Est. £/sq ft

    £348/sq ft

    £3,743/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2015

    £176,000

    4 May 2007

    £150,000

    Key Metrics

    Estimated valuation£269,461
    Value per sq ft / m²£348/sq ft (£3,743/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile48th percentile
    National percentile42nd 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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