3 The Grove

    3, THE GROVE, LUTON, LUTON, LU1 5PE

    This semi-detached freehold property on The Grove last sold in February 2008 for £185,000. Based on price growth in the LU1 district since then, its estimated current value is £358,248 — placing it in the 61st percentile nationally and the 75th percentile within LU1. The property covers 95 m² (1,023 sq ft), giving an estimated value of £3,771 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £185,000

    Feb 2008

    Estimated Valuation

    £358,248

    Est. £/sq ft

    £350/sq ft

    £3,771/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateMar 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Feb 2008

    £185,000

    12 May 2004

    £137,000

    Key Metrics

    Estimated valuation£358,248
    Value per sq ft / m²£350/sq ft (£3,771/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

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