2 Parkland Drive

    2, PARKLAND DRIVE, LUTON, LU1 3SU

    This detached freehold property on Parkland Drive last sold in September 2024 for £465,000. Based on price growth in the LU1 district since then, its estimated current value is £406,201 — placing it in the 68th percentile nationally and the 82nd percentile within LU1. The property covers 111 m² (1,195 sq ft), giving an estimated value of £3,659 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £465,000

    Sept 2024

    Estimated Valuation

    £406,201

    Est. £/sq ft

    £340/sq ft

    £3,659/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateAug 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Sept 2024

    £465,000

    Key Metrics

    Estimated valuation£406,201
    Value per sq ft / m²£340/sq ft (£3,659/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile82nd percentile
    National percentile68th 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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