Flat 7 Great Downs, 2b Downs Road

    FLAT 7 GREAT DOWNS, 2B, DOWNS ROAD, LUTON, LU1 1QD

    This flat/maisonette leasehold property on Downs Road last sold in October 2022 for £138,000. Based on price growth in the LU1 district since then, its estimated current value is £131,810 — placing it in the 9th percentile nationally and the 10th percentile within LU1. The property covers 34 m² (366 sq ft), giving an estimated value of £3,877 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    366 sq ft

    34 m²

    Last Sale Price

    £138,000

    Oct 2022

    Estimated Valuation

    £131,810

    Est. £/sq ft

    £360/sq ft

    £3,877/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area366 sq ft (34 m²)
    EPC dateApr 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Oct 2022

    £138,000

    22 May 2006

    New build

    £108,000

    Key Metrics

    Estimated valuation£131,810
    Value per sq ft / m²£360/sq ft (£3,877/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile10th percentile
    National percentile9th 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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