24 Cades Close

    24, CADES CLOSE, LUTON, LU1 5QQ

    This semi-detached leasehold property on Cades Close last sold in February 2019 for £227,000. Based on price growth in the LU1 district since then, its estimated current value is £269,475 — placing it in the 42nd percentile nationally and the 48th percentile within LU1. The property covers 70 m² (753 sq ft), giving an estimated value of £3,850 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £227,000

    Feb 2019

    Estimated Valuation

    £269,475

    Est. £/sq ft

    £358/sq ft

    £3,850/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area753 sq ft (70 m²)
    EPC dateOct 2014
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2019

    £227,000

    16 Oct 2015

    New build

    £210,000

    Key Metrics

    Estimated valuation£269,475
    Value per sq ft / m²£358/sq ft (£3,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile48th percentile
    National percentile42nd 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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