38 Priestleys

    38, PRIESTLEYS, LUTON, LU1 5QL

    This semi-detached freehold property on Priestleys last sold in August 2018 for £258,000. Based on price growth in the LU1 district since then, its estimated current value is £305,516 — placing it in the 50th percentile nationally and the 60th percentile within LU1. The property covers 85 m² (915 sq ft), giving an estimated value of £3,594 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £258,000

    Aug 2018

    Estimated Valuation

    £305,516

    Est. £/sq ft

    £334/sq ft

    £3,594/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateAug 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Aug 2018

    £258,000

    3 Oct 2003

    £65,565

    Key Metrics

    Estimated valuation£305,516
    Value per sq ft / m²£334/sq ft (£3,594/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile60th percentile
    National percentile50th 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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