38 London Road

    38, LONDON ROAD, LUTON, LU1 3UQ

    This detached freehold property on London Road last sold in June 2018 for £365,000. Based on price growth in the LU1 district since then, its estimated current value is £392,688 — placing it in the 66th percentile nationally and the 80th percentile within LU1. The property covers 122 m² (1,313 sq ft), giving an estimated value of £3,219 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,313 sq ft

    122 m²

    Last Sale Price

    £365,000

    Jun 2018

    Estimated Valuation

    £392,688

    Est. £/sq ft

    £299/sq ft

    £3,219/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,313 sq ft (122 m²)
    EPC dateAug 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jun 2018

    £365,000

    Key Metrics

    Estimated valuation£392,688
    Value per sq ft / m²£299/sq ft (£3,219/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile80th percentile
    National percentile66th 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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