115 Essex Close

    115, ESSEX CLOSE, LUTON, LU1 3EJ

    This flat/maisonette leasehold property on Essex Close last sold in June 2014 for £107,500. Based on price growth in the LU1 district since then, its estimated current value is £196,759 — placing it in the 24th percentile nationally and the 24th percentile within LU1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,771 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £107,500

    Jun 2014

    Estimated Valuation

    £196,759

    Est. £/sq ft

    £257/sq ft

    £2,771/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area764 sq ft (71 m²)
    EPC dateJan 2015
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2014

    £107,500

    20 Dec 2013

    £105,000

    12 Mar 2004

    £97,500

    Key Metrics

    Estimated valuation£196,759
    Value per sq ft / m²£257/sq ft (£2,771/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile24th percentile
    National percentile24th 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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