48b Grove Road

    48B, GROVE ROAD, LUTON, LUTON, LU1 1QJ

    This flat/maisonette leasehold property on Grove Road last sold in January 2007 for £80,000. Based on price growth in the LU1 district since then, its estimated current value is £96,184 — placing it in the 3rd percentile nationally and the 3rd percentile within LU1. The property covers 59 m² (635 sq ft), giving an estimated value of £1,630 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £80,000

    Jan 2007

    Estimated Valuation

    £96,184

    Est. £/sq ft

    £151/sq ft

    £1,630/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateSept 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jan 2007

    £80,000

    Key Metrics

    Estimated valuation£96,184
    Value per sq ft / m²£151/sq ft (£1,630/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile3rd percentile
    National percentile3rd 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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