2 Downs Road

    2, DOWNS ROAD, LUTON, LUTON, LU1 1QR

    This detached freehold property on Downs Road last sold in April 2002 for £249,995. Based on price growth in the LU1 district since then, its estimated current value is £559,228 — placing it in the 83rd percentile nationally and the 94th percentile within LU1. The property covers 31 m² (334 sq ft), giving an estimated value of £18,040 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    334 sq ft

    31 m²

    Last Sale Price

    £249,995

    Apr 2002

    Estimated Valuation

    £559,228

    Est. £/sq ft

    £1,676/sq ft

    £18,040/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area334 sq ft (31 m²)
    EPC dateJun 2023
    WallsSolid brick, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Apr 2002

    £249,995

    Key Metrics

    Estimated valuation£559,228
    Value per sq ft / m²£1,676/sq ft (£18,040/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile94th percentile
    National percentile83rd 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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