242 Wellington Street

    242, WELLINGTON STREET, LUTON, LU1 5AH

    This flat/maisonette leasehold property on Wellington Street last sold in October 2024 for £148,000. Based on price growth in the LU1 district since then, its estimated current value is £157,896 — placing it in the 14th percentile nationally and the 15th percentile within LU1. The property covers 48 m² (517 sq ft), giving an estimated value of £3,290 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £148,000

    Oct 2024

    Estimated Valuation

    £157,896

    Est. £/sq ft

    £306/sq ft

    £3,290/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2024

    £148,000

    Key Metrics

    Estimated valuation£157,896
    Value per sq ft / m²£306/sq ft (£3,290/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile15th percentile
    National percentile14th 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

    More properties in LU1

    Streets in LU1

    Explore nearby