7 Parkland Drive

    7, PARKLAND DRIVE, LUTON, LU1 3SU

    This detached freehold property on Parkland Drive last sold in February 2016 for £365,000. Based on price growth in the LU1 district since then, its estimated current value is £420,756 — placing it in the 70th percentile nationally and the 84th percentile within LU1. The property covers 112 m² (1,206 sq ft), giving an estimated value of £3,757 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £365,000

    Feb 2016

    Estimated Valuation

    £420,756

    Est. £/sq ft

    £349/sq ft

    £3,757/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Feb 2016

    £365,000

    20 Jun 2003

    £190,000

    Key Metrics

    Estimated valuation£420,756
    Value per sq ft / m²£349/sq ft (£3,757/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile84th percentile
    National percentile70th 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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