48 Spear Close

    48, SPEAR CLOSE, LUTON, LU3 3QY

    This flat/maisonette leasehold property on Spear Close last sold in May 2024 for £155,000. Based on price growth in the LU3 district since then, its estimated current value is £157,532 — placing it in the 14th percentile nationally and the 6th percentile within LU3. The property covers 53 m² (570 sq ft), giving an estimated value of £2,972 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £155,000

    May 2024

    Estimated Valuation

    £157,532

    Est. £/sq ft

    £276/sq ft

    £2,972/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateFeb 2024
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 May 2024

    £155,000

    15 May 2019

    £125,000

    8 Aug 2008

    £96,000

    31 Jan 2005

    £83,500

    26 Sept 2001

    £43,250

    12 Oct 1995

    £14,000

    Key Metrics

    Estimated valuation£157,532
    Value per sq ft / m²£276/sq ft (£2,972/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile6th percentile
    National percentile14th 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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