38 Spencer Road

    38, SPENCER ROAD, LUTON, LUTON, LU3 1JU

    This terraced freehold property on Spencer Road last sold in January 1997 for £36,000. Based on price growth in the LU3 district since then, its estimated current value is £237,148 — placing it in the 34th percentile nationally and the 22nd percentile within LU3. The property covers 89 m² (958 sq ft), giving an estimated value of £2,665 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £36,000

    Jan 1997

    Estimated Valuation

    £237,148

    Est. £/sq ft

    £248/sq ft

    £2,665/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 area958 sq ft (89 m²)
    EPC dateAug 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jan 1997

    £36,000

    5 May 1995

    £23,000

    Key Metrics

    Estimated valuation£237,148
    Value per sq ft / m²£248/sq ft (£2,665/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile22nd percentile
    National percentile34th 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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