2 Mortimer Close

    2, MORTIMER CLOSE, LUTON, LU1 5RR

    This semi-detached freehold property on Mortimer Close last sold in August 2024 for £310,000. Based on price growth in the LU1 district since then, its estimated current value is £329,400 — placing it in the 55th percentile nationally and the 68th percentile within LU1. The property covers 86 m² (926 sq ft), giving an estimated value of £3,830 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £310,000

    Aug 2024

    Estimated Valuation

    £329,400

    Est. £/sq ft

    £356/sq ft

    £3,830/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 area926 sq ft (86 m²)
    EPC dateJul 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Aug 2024

    £310,000

    7 Aug 2015

    £190,000

    25 Jan 2008

    £170,000

    3 Sept 2004

    £140,000

    Key Metrics

    Estimated valuation£329,400
    Value per sq ft / m²£356/sq ft (£3,830/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile68th percentile
    National percentile55th 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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