3 Summerfield Road

    3, SUMMERFIELD ROAD, LUTON, LUTON, LU1 1UH

    This terraced freehold property on Summerfield Road last sold in May 2004 for £130,000. Based on price growth in the LU1 district since then, its estimated current value is £281,556 — placing it in the 45th percentile nationally and the 52nd percentile within LU1. The property covers 40 m² (431 sq ft), giving an estimated value of £7,039 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £130,000

    May 2004

    Estimated Valuation

    £281,556

    Est. £/sq ft

    £654/sq ft

    £7,039/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateNov 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2004

    £130,000

    30 Jul 1999

    £38,000

    Key Metrics

    Estimated valuation£281,556
    Value per sq ft / m²£654/sq ft (£7,039/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile52nd percentile
    National percentile45th 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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