8 Spencer Road

    8, SPENCER ROAD, LUTON, LU3 1JU

    This terraced freehold property on Spencer Road last sold in May 2014 for £95,000. Based on price growth in the LU3 district since then, its estimated current value is £172,474 — placing it in the 18th percentile nationally and the 8th percentile within LU3. The property covers 54 m² (581 sq ft), giving an estimated value of £3,194 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £95,000

    May 2014

    Estimated Valuation

    £172,474

    Est. £/sq ft

    £297/sq ft

    £3,194/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateJan 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    12 May 2014

    £95,000

    Key Metrics

    Estimated valuation£172,474
    Value per sq ft / m²£297/sq ft (£3,194/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile8th percentile
    National percentile18th 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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