5 Ormsby Close

    5, ORMSBY CLOSE, LUTON, LUTON, LU1 3SN

    This terraced freehold property on Ormsby Close last sold in November 2002 for £113,000. Based on price growth in the LU1 district since then, its estimated current value is £341,266 — placing it in the 58th percentile nationally and the 71st percentile within LU1. The property covers 62 m² (667 sq ft), giving an estimated value of £5,504 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £113,000

    Nov 2002

    Estimated Valuation

    £341,266

    Est. £/sq ft

    £511/sq ft

    £5,504/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Nov 2002

    £113,000

    9 Jun 2000

    New build

    £78,500

    Key Metrics

    Estimated valuation£341,266
    Value per sq ft / m²£511/sq ft (£5,504/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile71st percentile
    National percentile58th 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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