Flat 4 4 Downs Road

    FLAT 4 4, DOWNS ROAD, LUTON, LU1 1QR

    This flat/maisonette leasehold property on Downs Road last sold in February 2019 for £105,000. Based on price growth in the LU1 district since then, its estimated current value is £114,784 — placing it in the 6th percentile nationally and the 7th percentile within LU1. The property covers 41 m² (441 sq ft), giving an estimated value of £2,800 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £105,000

    Feb 2019

    Estimated Valuation

    £114,784

    Est. £/sq ft

    £260/sq ft

    £2,800/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Feb 2019

    £105,000

    23 Jan 2015

    £85,000

    Key Metrics

    Estimated valuation£114,784
    Value per sq ft / m²£260/sq ft (£2,800/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile7th percentile
    National percentile6th 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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