Mercia Lane

    Ranked 10th of 220 streets in LU1 by average price

    Mercia Lane is a residential street in LU1, LUTON, with 3 properties recorded in the Land Registry. The 3-year average sale price is £607,667, based on 3 transactions. Properties are predominantly flats and maisonettes. The street ranks 10th of 220 streets in LU1 by average price.

    3Y Avg Price

    £607,667

    3 sales

    Properties

    3

    Sales / Year

    0.6

    5-year average

    Avg £/sq ft

    Rank in LU1

    10th

    of 220 streets

    Last Sale

    £551,000

    Jul 2024

    Street Rankings — LU1

    Streets ranked by 3-year average sale price. Showing positions 615 of 220.

    #Street3Y Avg
    6Mardle Close£742,500
    7Dove Close£705,000
    8Heron View£650,000
    9Hawthorn Crescent£626,250
    10Mercia Lane£607,667
    11Winchfield£590,000
    11Santingfield North£590,000
    13Wren Close£585,000
    14Stanhope Way£582,000
    15Luton Road£579,667

    Property Mix

    Type

    Flat/Maisonette3 (100%)

    Tenure

    Freehold0 (0%)
    Leasehold3 (100%)

    EPC Ratings

    0 of 3 properties have an EPC record

    A
    0 (0%)
    B
    0 (0%)
    C
    0 (0%)
    D
    0 (0%)
    E
    0 (0%)
    F
    0 (0%)
    G
    0 (0%)

    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

    Properties on Mercia Lane

    Streets in LU1

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