40 Watermead Road

    40, WATERMEAD ROAD, LUTON, LU3 2TD

    This semi-detached leasehold property on Watermead Road last sold in February 2020 for £150,000. Based on price growth in the LU3 district since then, its estimated current value is £178,042 — placing it in the 19th percentile nationally and the 9th percentile within LU3. The property covers 75 m² (807 sq ft), giving an estimated value of £2,374 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £150,000

    Feb 2020

    Estimated Valuation

    £178,042

    Est. £/sq ft

    £221/sq ft

    £2,374/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateJul 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2020

    £150,000

    Key Metrics

    Estimated valuation£178,042
    Value per sq ft / m²£221/sq ft (£2,374/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile9th percentile
    National percentile19th 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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