126 Essex Close

    126, ESSEX CLOSE, LUTON, LU1 3EJ

    This flat/maisonette leasehold property on Essex Close last sold in June 2018 for £180,000. Based on price growth in the LU1 district since then, its estimated current value is £201,907 — placing it in the 25th percentile nationally and the 25th percentile within LU1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,844 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

    £180,000

    Jun 2018

    Estimated Valuation

    £201,907

    Est. £/sq ft

    £264/sq ft

    £2,844/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

    15 Jun 2018

    £180,000

    Key Metrics

    Estimated valuation£201,907
    Value per sq ft / m²£264/sq ft (£2,844/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile25th percentile
    National percentile25th 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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