40 Salisbury Road

    40, SALISBURY ROAD, LUTON, LU1 5AR

    This terraced freehold property on Salisbury Road last sold in November 2021 for £205,000. Based on price growth in the LU1 district since then, its estimated current value is £224,248 — placing it in the 31st percentile nationally and the 31st percentile within LU1. The property covers 76 m² (818 sq ft), giving an estimated value of £2,951 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £205,000

    Nov 2021

    Estimated Valuation

    £224,248

    Est. £/sq ft

    £274/sq ft

    £2,951/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateOct 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Nov 2021

    £205,000

    17 Aug 2007

    £135,000

    26 Mar 2004

    £110,000

    17 Nov 1995

    £39,995

    16 May 1995

    £38,000

    Key Metrics

    Estimated valuation£224,248
    Value per sq ft / m²£274/sq ft (£2,951/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile31st percentile
    National percentile31st 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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