38 River Way

    38, RIVER WAY, LUTON, LUTON, LU3 2SE

    This terraced freehold property on River Way last sold in August 1998 for £48,000. Based on price growth in the LU3 district since then, its estimated current value is £299,588 — placing it in the 49th percentile nationally and the 44th percentile within LU3. The property covers 91 m² (980 sq ft), giving an estimated value of £3,292 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £48,000

    Aug 1998

    Estimated Valuation

    £299,588

    Est. £/sq ft

    £306/sq ft

    £3,292/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateJun 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Aug 1998

    £48,000

    Key Metrics

    Estimated valuation£299,588
    Value per sq ft / m²£306/sq ft (£3,292/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile44th percentile
    National percentile49th 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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