16 Spear Close

    16, SPEAR CLOSE, LUTON, LUTON, LU3 3QY

    This terraced leasehold property on Spear Close last sold in May 2002 for £53,500. Based on price growth in the LU3 district since then, its estimated current value is £165,866 — placing it in the 16th percentile nationally and the 7th percentile within LU3. The property covers 57 m² (614 sq ft), giving an estimated value of £2,910 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £53,500

    May 2002

    Estimated Valuation

    £165,866

    Est. £/sq ft

    £270/sq ft

    £2,910/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area614 sq ft (57 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric underfloor heating

    Transaction History

    28 May 2002

    £53,500

    21 Nov 2000

    £32,000

    2 Jan 1997

    £26,000

    Key Metrics

    Estimated valuation£165,866
    Value per sq ft / m²£270/sq ft (£2,910/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

    More properties in LU3

    Streets in LU3

    Explore nearby