40 Downs Road

    40, DOWNS ROAD, LUTON, LU1 1QR

    This terraced freehold property on Downs Road last sold in July 2022 for £270,000. Based on price growth in the LU1 district since then, its estimated current value is £269,517 — placing it in the 42nd percentile nationally and the 48th percentile within LU1. The property covers 109 m² (1,173 sq ft), giving an estimated value of £2,473 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,173 sq ft

    109 m²

    Last Sale Price

    £270,000

    Jul 2022

    Estimated Valuation

    £269,517

    Est. £/sq ft

    £230/sq ft

    £2,473/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,173 sq ft (109 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2022

    £270,000

    31 Jan 2003

    £135,000

    21 Jan 1997

    £14,000

    Key Metrics

    Estimated valuation£269,517
    Value per sq ft / m²£230/sq ft (£2,473/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile48th percentile
    National percentile42nd 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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