53 Spear Close

    53, SPEAR CLOSE, LUTON, LUTON, LU3 3QX

    This terraced leasehold property on Spear Close last sold in February 2007 for £105,000. Based on price growth in the LU3 district since then, its estimated current value is £194,111 — placing it in the 23rd percentile nationally and the 12th percentile within LU3. The property covers 72 m² (775 sq ft), giving an estimated value of £2,696 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £105,000

    Feb 2007

    Estimated Valuation

    £194,111

    Est. £/sq ft

    £250/sq ft

    £2,696/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateJan 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Feb 2007

    £105,000

    5 Sept 2002

    £70,000

    Key Metrics

    Estimated valuation£194,111
    Value per sq ft / m²£250/sq ft (£2,696/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile12th percentile
    National percentile23rd 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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