124 Milton Road

    124, MILTON ROAD, LUTON, LU1 5JA

    This terraced freehold property on Milton Road last sold in March 2016 for £240,000. Based on price growth in the LU1 district since then, its estimated current value is £305,212 — placing it in the 50th percentile nationally and the 60th percentile within LU1. The property covers 51 m² (549 sq ft), giving an estimated value of £5,985 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £240,000

    Mar 2016

    Estimated Valuation

    £305,212

    Est. £/sq ft

    £556/sq ft

    £5,985/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2016

    £240,000

    2 Dec 2002

    £115,000

    5 Nov 1999

    £69,500

    30 Jul 1999

    £43,500

    Key Metrics

    Estimated valuation£305,212
    Value per sq ft / m²£556/sq ft (£5,985/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile60th percentile
    National percentile50th 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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