16 Ormsby Close

    16, ORMSBY CLOSE, LUTON, LUTON, LU1 3SN

    This terraced freehold property on Ormsby Close last sold in July 2006 for £136,000. Based on price growth in the LU1 district since then, its estimated current value is £272,633 — placing it in the 43rd percentile nationally and the 49th percentile within LU1. The property covers 54 m² (581 sq ft), giving an estimated value of £5,049 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £136,000

    Jul 2006

    Estimated Valuation

    £272,633

    Est. £/sq ft

    £469/sq ft

    £5,049/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialA
    Floor area581 sq ft (54 m²)
    EPC dateJan 2024
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    28 Jul 2006

    £136,000

    11 Mar 2002

    £75,000

    13 Aug 1996

    £42,000

    Key Metrics

    Estimated valuation£272,633
    Value per sq ft / m²£469/sq ft (£5,049/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile49th 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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