3 Magpie Meadows

    3, MAGPIE MEADOWS, CADDINGTON, LUTON, LU1 4FU

    This detached freehold property on Magpie Meadows last sold in February 2020 for £531,950. Based on price growth in the LU1 district since then, its estimated current value is £538,377 — placing it in the 82nd percentile nationally and the 93rd percentile within LU1. The property covers 186 m² (2,002 sq ft), giving an estimated value of £2,895 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £531,950

    Feb 2020

    Estimated Valuation

    £538,377

    Est. £/sq ft

    £269/sq ft

    £2,895/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,002 sq ft (186 m²)
    EPC dateJun 2021
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2020

    New build

    £531,950

    Key Metrics

    Estimated valuation£538,377
    Value per sq ft / m²£269/sq ft (£2,895/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile93rd percentile
    National percentile82nd 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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