Flat 8 Great Downs, 2b Downs Road

    FLAT 8 GREAT DOWNS, 2B, DOWNS ROAD, LUTON, LUTON, LU1 1QD

    This flat/maisonette leasehold property on Downs Road last sold in May 2006 for £109,000. Based on price growth in the LU1 district since then, its estimated current value is £158,413 — placing it in the 14th percentile nationally and the 15th percentile within LU1. The property covers 36 m² (388 sq ft), giving an estimated value of £4,400 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £109,000

    May 2006

    Estimated Valuation

    £158,413

    Est. £/sq ft

    £409/sq ft

    £4,400/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area388 sq ft (36 m²)
    EPC dateAug 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 May 2006

    New build

    £109,000

    Key Metrics

    Estimated valuation£158,413
    Value per sq ft / m²£409/sq ft (£4,400/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile15th percentile
    National percentile14th 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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