1 Clarence Gardens

    1, CLARENCE GARDENS, LUTON, LU1 5FL

    This terraced leasehold property on Clarence Gardens last sold in May 2021 for £240,000. Based on price growth in the LU1 district since then, its estimated current value is £262,534 — placing it in the 40th percentile nationally and the 45th percentile within LU1. The property covers 70 m² (753 sq ft), giving an estimated value of £3,750 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £240,000

    May 2021

    Estimated Valuation

    £262,534

    Est. £/sq ft

    £348/sq ft

    £3,750/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area753 sq ft (70 m²)
    EPC dateOct 2014
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 2021

    £240,000

    Key Metrics

    Estimated valuation£262,534
    Value per sq ft / m²£348/sq ft (£3,750/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile45th percentile
    National percentile40th 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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