29 Springfield Road

    29, SPRINGFIELD ROAD, LUTON, LUTON, LU3 2HF

    This flat/maisonette leasehold property on Springfield Road last sold in May 2002 for £60,000. Based on price growth in the LU3 district since then, its estimated current value is £167,370 — placing it in the 16th percentile nationally and the 7th percentile within LU3. The property covers 42 m² (452 sq ft), giving an estimated value of £3,985 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £60,000

    May 2002

    Estimated Valuation

    £167,370

    Est. £/sq ft

    £370/sq ft

    £3,985/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateAug 2016
    WallsTimber frame, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 May 2002

    £60,000

    26 Jan 2001

    £45,000

    Key Metrics

    Estimated valuation£167,370
    Value per sq ft / m²£370/sq ft (£3,985/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile7th percentile
    National percentile16th 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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