50 Spear Close

    50, SPEAR CLOSE, LUTON, LU3 3QY

    This flat/maisonette leasehold property on Spear Close last sold in August 2022 for £143,000. Based on price growth in the LU3 district since then, its estimated current value is £146,556 — placing it in the 12th percentile nationally and the 4th percentile within LU3. The property covers 48 m² (517 sq ft), giving an estimated value of £3,053 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £143,000

    Aug 2022

    Estimated Valuation

    £146,556

    Est. £/sq ft

    £284/sq ft

    £3,053/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2022

    £143,000

    5 Sept 2016

    £120,000

    26 Jun 2003

    £69,995

    Key Metrics

    Estimated valuation£146,556
    Value per sq ft / m²£284/sq ft (£3,053/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile4th percentile
    National percentile12th 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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