18 Northdrift Way

    18, NORTHDRIFT WAY, LUTON, LU1 5JG

    This terraced freehold property on Northdrift Way last sold in February 2015 for £194,950. Based on price growth in the LU1 district since then, its estimated current value is £298,474 — placing it in the 49th percentile nationally and the 57th percentile within LU1. The property covers 101 m² (1,087 sq ft), giving an estimated value of £2,955 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £194,950

    Feb 2015

    Estimated Valuation

    £298,474

    Est. £/sq ft

    £275/sq ft

    £2,955/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,087 sq ft (101 m²)
    EPC dateOct 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Feb 2015

    £194,950

    27 Jun 2002

    £112,000

    1 Oct 1996

    £49,000

    Key Metrics

    Estimated valuation£298,474
    Value per sq ft / m²£275/sq ft (£2,955/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile57th percentile
    National percentile49th 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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