Flat 1 75 May Street

    FLAT 1 75, MAY STREET, LUTON, LU1 3QX

    This terraced freehold property on May Street last sold in July 2002 for £91,000. Based on price growth in the LU1 district since then, its estimated current value is £274,825 — placing it in the 43rd percentile nationally and the 50th percentile within LU1. The property covers 38 m² (409 sq ft), giving an estimated value of £7,232 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £91,000

    Jul 2002

    Estimated Valuation

    £274,825

    Est. £/sq ft

    £672/sq ft

    £7,232/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateJan 2019
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jul 2002

    £91,000

    15 Feb 2002

    £85,000

    Key Metrics

    Estimated valuation£274,825
    Value per sq ft / m²£672/sq ft (£7,232/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile50th percentile
    National percentile43rd 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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