7 Spencer Road

    7, SPENCER ROAD, LUTON, LU3 1JT

    This terraced freehold property on Spencer Road last sold in November 2017 for £232,000. Based on price growth in the LU3 district since then, its estimated current value is £284,496 — placing it in the 46th percentile nationally and the 38th percentile within LU3. The property covers 82 m² (883 sq ft), giving an estimated value of £3,469 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £232,000

    Nov 2017

    Estimated Valuation

    £284,496

    Est. £/sq ft

    £322/sq ft

    £3,469/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area883 sq ft (82 m²)
    EPC dateApr 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Nov 2017

    £232,000

    7 May 2004

    £123,000

    27 May 2003

    £110,000

    Key Metrics

    Estimated valuation£284,496
    Value per sq ft / m²£322/sq ft (£3,469/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile38th percentile
    National percentile46th percentile

    District Context — LU3

    LU3 covers Leighton Buzzard and surrounding villages in central Bedfordshire, positioned between Milton Keynes and Luton. It is a mixed residential area with strong family appeal and a solid commuter base.

    Average Property Price - LU3

    £322,134

    49

    National percentile

    Average Net Household Income - LU3

    £37,313

    46

    National percentile

    10-Year Annualised Price Growth - LU3

    4.5%

    79

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU3

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