38 Morgan Close

    38, MORGAN CLOSE, LUTON, LU4 9GL

    This terraced leasehold property on Morgan Close last sold in July 2023 for £189,000. Based on price growth in the LU4 district since then, its estimated current value is £194,789 — placing it in the 23rd percentile nationally and the 11th percentile within LU4. The property covers 56 m² (603 sq ft), giving an estimated value of £3,478 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £189,000

    Jul 2023

    Estimated Valuation

    £194,789

    Est. £/sq ft

    £323/sq ft

    £3,478/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Jul 2023

    £189,000

    26 Jun 2020

    £180,000

    31 Mar 2005

    £134,995

    25 Apr 2003

    New build

    £125,000

    Key Metrics

    Estimated valuation£194,789
    Value per sq ft / m²£323/sq ft (£3,478/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU4 district percentile11th percentile
    National percentile23rd percentile

    District Context — LU4

    LU4 covers the Leighton Buzzard area and surrounding villages in central Bedfordshire, between London and the Midlands. It is a family-oriented district with good transport links and a mix of suburban and rural character.

    Average Property Price - LU4

    £300,196

    42

    National percentile

    Average Net Household Income - LU4

    £38,930

    54

    National percentile

    10-Year Annualised Price Growth - LU4

    4.4%

    76

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU4

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