23 Homestead Way

    23, HOMESTEAD WAY, LUTON, LU1 5PD

    This semi-detached freehold property on Homestead Way last sold in May 2014 for £180,000. Based on price growth in the LU1 district since then, its estimated current value is £317,649 — placing it in the 53rd percentile nationally and the 64th percentile within LU1. The property covers 84 m² (904 sq ft), giving an estimated value of £3,782 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £180,000

    May 2014

    Estimated Valuation

    £317,649

    Est. £/sq ft

    £351/sq ft

    £3,782/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area904 sq ft (84 m²)
    EPC dateJan 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2014

    £180,000

    9 Jan 2008

    £167,000

    Key Metrics

    Estimated valuation£317,649
    Value per sq ft / m²£351/sq ft (£3,782/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile64th percentile
    National percentile53rd 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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