118 Strathmore Avenue

    118, STRATHMORE AVENUE, LUTON, LU1 3QN

    This terraced freehold property on Strathmore Avenue last sold in February 2024 for £310,000. Based on price growth in the LU1 district since then, its estimated current value is £305,350 — placing it in the 50th percentile nationally and the 60th percentile within LU1. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,524 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £310,000

    Feb 2024

    Estimated Valuation

    £305,350

    Est. £/sq ft

    £234/sq ft

    £2,524/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,302 sq ft (121 m²)
    EPC dateSept 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Feb 2024

    £310,000

    23 Nov 2003

    £152,000

    18 Jun 1999

    £83,500

    Key Metrics

    Estimated valuation£305,350
    Value per sq ft / m²£234/sq ft (£2,524/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile60th percentile
    National percentile50th 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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