16 Third Avenue

    16, THIRD AVENUE, LUTON, LU3 3ES

    This terraced freehold property on Third Avenue last sold in December 2023 for £272,000. Based on price growth in the LU3 district since then, its estimated current value is £274,843 — placing it in the 43rd percentile nationally and the 34th percentile within LU3. The property covers 57 m² (614 sq ft), giving an estimated value of £4,822 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £272,000

    Dec 2023

    Estimated Valuation

    £274,843

    Est. £/sq ft

    £448/sq ft

    £4,822/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateAug 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2023

    £272,000

    9 Nov 2018

    £217,000

    27 Apr 2007

    £141,500

    26 Mar 2004

    £115,000

    26 Nov 2001

    £63,000

    Key Metrics

    Estimated valuation£274,843
    Value per sq ft / m²£448/sq ft (£4,822/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU3 district percentile34th percentile
    National percentile43rd 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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