2 The Grove

    2, THE GROVE, LUTON, LU1 5PE

    This semi-detached freehold property on The Grove last sold in June 2021 for £320,000. Based on price growth in the LU1 district since then, its estimated current value is £360,526 — placing it in the 61st percentile nationally and the 75th percentile within LU1. The property covers 91 m² (980 sq ft), giving an estimated value of £3,962 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £320,000

    Jun 2021

    Estimated Valuation

    £360,526

    Est. £/sq ft

    £368/sq ft

    £3,962/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateMay 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jun 2021

    £320,000

    Key Metrics

    Estimated valuation£360,526
    Value per sq ft / m²£368/sq ft (£3,962/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile75th percentile
    National percentile61st 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

    More properties in LU1

    Streets in LU1

    Explore nearby