2 Northdrift Way

    2, NORTHDRIFT WAY, LUTON, LU1 5JF

    This semi-detached freehold property on Northdrift Way last sold in March 2018 for £283,000. Based on price growth in the LU1 district since then, its estimated current value is £335,121 — placing it in the 56th percentile nationally and the 70th percentile within LU1. The property covers 92 m² (990 sq ft), giving an estimated value of £3,643 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £283,000

    Mar 2018

    Estimated Valuation

    £335,121

    Est. £/sq ft

    £338/sq ft

    £3,643/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateOct 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Mar 2018

    £283,000

    17 Jan 2014

    £180,000

    18 Feb 2005

    £163,000

    27 Nov 1998

    £57,000

    Key Metrics

    Estimated valuation£335,121
    Value per sq ft / m²£338/sq ft (£3,643/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile70th percentile
    National percentile56th 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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