42b Grove Road

    42B, GROVE ROAD, LUTON, LU1 1QJ

    This flat/maisonette leasehold property on Grove Road last sold in June 2023 for £137,000. Based on price growth in the LU1 district since then, its estimated current value is £135,649 — placing it in the 10th percentile nationally and the 10th percentile within LU1. The property covers 38 m² (409 sq ft), giving an estimated value of £3,570 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £137,000

    Jun 2023

    Estimated Valuation

    £135,649

    Est. £/sq ft

    £332/sq ft

    £3,570/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateJun 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 Jun 2023

    £137,000

    4 Nov 2011

    £75,000

    Key Metrics

    Estimated valuation£135,649
    Value per sq ft / m²£332/sq ft (£3,570/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile10th percentile
    National percentile10th 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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