2 The Old Bakery Cowper Street

    2 THE OLD BAKERY, COWPER STREET, LUTON, LU1 3SA

    This flat/maisonette leasehold property on Cowper Street last sold in May 2019 for £126,000. Based on price growth in the LU1 district since then, its estimated current value is £137,741 — placing it in the 10th percentile nationally and the 11th percentile within LU1. The property covers 41 m² (441 sq ft), giving an estimated value of £3,360 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £126,000

    May 2019

    Estimated Valuation

    £137,741

    Est. £/sq ft

    £312/sq ft

    £3,360/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateSept 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 May 2019

    £126,000

    17 Feb 2017

    £105,000

    Key Metrics

    Estimated valuation£137,741
    Value per sq ft / m²£312/sq ft (£3,360/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile11th percentile
    National percentile10th 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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