59 May Street

    59, MAY STREET, LUTON, LUTON, LU1 3QX

    This terraced freehold property on May Street last sold in November 2002 for £98,000. Based on price growth in the LU1 district since then, its estimated current value is £295,965 — placing it in the 48th percentile nationally and the 57th percentile within LU1. The property covers 80 m² (861 sq ft), giving an estimated value of £3,700 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £98,000

    Nov 2002

    Estimated Valuation

    £295,965

    Est. £/sq ft

    £344/sq ft

    £3,700/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateSept 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2002

    £98,000

    Key Metrics

    Estimated valuation£295,965
    Value per sq ft / m²£344/sq ft (£3,700/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile57th percentile
    National percentile48th 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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