118 Watermead Road

    118, WATERMEAD ROAD, LUTON, LUTON, LU3 2TF

    This terraced freehold property on Watermead Road last sold in March 2001 for £78,000. Based on price growth in the LU3 district since then, its estimated current value is £296,541 — placing it in the 48th percentile nationally and the 43rd percentile within LU3. The property covers 87 m² (936 sq ft), giving an estimated value of £3,409 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £78,000

    Mar 2001

    Estimated Valuation

    £296,541

    Est. £/sq ft

    £317/sq ft

    £3,409/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateAug 2022
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Mar 2001

    £78,000

    Key Metrics

    Estimated valuation£296,541
    Value per sq ft / m²£317/sq ft (£3,409/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile43rd percentile
    National percentile48th 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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