40 Milton Road

    40, MILTON ROAD, LUTON, LU1 5HZ

    This terraced freehold property on Milton Road last sold in September 2022 for £280,000. Based on price growth in the LU1 district since then, its estimated current value is £279,499 — placing it in the 45th percentile nationally and the 51st percentile within LU1. The property covers 60 m² (646 sq ft), giving an estimated value of £4,658 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £280,000

    Sept 2022

    Estimated Valuation

    £279,499

    Est. £/sq ft

    £433/sq ft

    £4,658/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJun 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2022

    £280,000

    9 Jul 2021

    £177,000

    Key Metrics

    Estimated valuation£279,499
    Value per sq ft / m²£433/sq ft (£4,658/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile51st percentile
    National percentile45th 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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