24 Malvern Road

    24, MALVERN ROAD, LUTON, LU1 1LQ

    This terraced freehold property on Malvern Road last sold in November 2019 for £186,500. Based on price growth in the LU1 district since then, its estimated current value is £235,174 — placing it in the 34th percentile nationally and the 35th percentile within LU1. The property covers 67 m² (721 sq ft), giving an estimated value of £3,510 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £186,500

    Nov 2019

    Estimated Valuation

    £235,174

    Est. £/sq ft

    £326/sq ft

    £3,510/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area721 sq ft (67 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Nov 2019

    £186,500

    Key Metrics

    Estimated valuation£235,174
    Value per sq ft / m²£326/sq ft (£3,510/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile35th percentile
    National percentile34th 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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