62 Cades Close

    62, CADES CLOSE, LUTON, LU1 5QQ

    This terraced freehold property on Cades Close last sold in May 2010 for £182,000. Based on price growth in the LU1 district since then, its estimated current value is £362,486 — placing it in the 61st percentile nationally and the 76th percentile within LU1. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,996 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £182,000

    May 2010

    Estimated Valuation

    £362,486

    Est. £/sq ft

    £278/sq ft

    £2,996/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,302 sq ft (121 m²)
    EPC dateJul 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2010

    £182,000

    Key Metrics

    Estimated valuation£362,486
    Value per sq ft / m²£278/sq ft (£2,996/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile76th 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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