31 Parkland Drive

    31, PARKLAND DRIVE, LUTON, LU1 3SU

    This detached freehold property on Parkland Drive last sold in November 2021 for £420,000. Based on price growth in the LU1 district since then, its estimated current value is £406,490 — placing it in the 68th percentile nationally and the 82nd percentile within LU1. The property covers 93 m² (1,001 sq ft), giving an estimated value of £4,371 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £420,000

    Nov 2021

    Estimated Valuation

    £406,490

    Est. £/sq ft

    £406/sq ft

    £4,371/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Nov 2021

    £420,000

    Key Metrics

    Estimated valuation£406,490
    Value per sq ft / m²£406/sq ft (£4,371/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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