Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
16 FURZE CLOSE is a terraced house in LUTON, CENTRAL BEDFORDSHIRE.
First sale date of 1998 suggests this property has been part of the LU2 7UB market for 27 years.
Transaction History
First recorded sale was in 1998 at £55,000, with 5 total transactions recorded over the property's history.
Latest sale occurred on 24 November 2023 for £275,000, representing a 25.0% increase from the previous sale in 2017.
Over 27 years of ownership history, this property has seen 5 ownership changes, averaging approximately 5.4 years between sales.
Since last selling in 2023, the property's estimated value has grown by approximately £60,291, representing a 10% annual growth rate over 2.1 years.
Market Position
Ranks above the postcode average, positioned in the 77th percentile (12 of 47 properties) in LU2 7UB.
Priced 32.2% above the LU2 7UB average of £208,017 for all property types.
Current estimated value ranges from £301,762 to £368,820, with a central estimate of £335,291 based on market growth trends.
Comparative Market Analysis
FURZE CLOSE has 47 recorded properties with an average sale price of £208,017. This property is 32.2% above the street average.
Across all property types in LU2 7UB, 3 properties have sold over the past 12 months at an average of £354,333.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £335,291 | 21.9% | - |
| 24/11/2023 | £275,000 | +25.0% | terraced house |
| 22/05/2017 | £220,000 | +41.5% | terraced house |
| 25/05/2007 | £155,500 | +174.0% | terraced house |
| 23/04/1999 | £56,750 | +3.2% | terraced house |
| 28/05/1998 | £55,000 | - | terraced house |
Price History
Market Statistics - LU2 7UB
Property Types
Similar Properties in LU2 7UB
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .