40 Grasmere Road

    40, GRASMERE ROAD, LUTON, LUTON, LU3 2DT

    This semi-detached freehold property on Grasmere Road last sold in September 1998 for £103,500. Based on price growth in the LU3 district since then, its estimated current value is £560,482 — placing it in the 83rd percentile nationally and the 96th percentile within LU3. The property covers 111 m² (1,195 sq ft), giving an estimated value of £5,049 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £103,500

    Sept 1998

    Estimated Valuation

    £560,482

    Est. £/sq ft

    £469/sq ft

    £5,049/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Sept 1998

    £103,500

    Key Metrics

    Estimated valuation£560,482
    Value per sq ft / m²£469/sq ft (£5,049/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile96th percentile
    National percentile83rd 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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