40b Grove Road

    40B, GROVE ROAD, LUTON, LU1 1QJ

    This flat/maisonette leasehold property on Grove Road last sold in November 2011 for £60,000. Based on price growth in the LU1 district since then, its estimated current value is £122,344 — placing it in the 7th percentile nationally and the 8th percentile within LU1. The property covers 37 m² (398 sq ft), giving an estimated value of £3,307 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £60,000

    Nov 2011

    Estimated Valuation

    £122,344

    Est. £/sq ft

    £307/sq ft

    £3,307/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area398 sq ft (37 m²)
    EPC dateJan 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Nov 2011

    £60,000

    16 May 2003

    £64,995

    27 Mar 2001

    £30,000

    17 Mar 1995

    £7,750

    Key Metrics

    Estimated valuation£122,344
    Value per sq ft / m²£307/sq ft (£3,307/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile8th percentile
    National percentile7th 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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