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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See detailed transaction records and historical sale data for this property from HM Land Registry.
Property Characteristics
5 COLLINGS WELLS CLOSE is a terraced house in LUTON, CENTRAL BEDFORDSHIRE.
First sale date of 2002 suggests this property has been part of the LU1 4BG market for 23 years.
Transaction History
First recorded sale was in 2002 at £131,000, with 3 total transactions recorded over the property's history.
Latest sale occurred on 10 May 2017 for £299,950, representing a 68.5% increase from the previous sale in 2012.
Over 23 years of ownership history, this property has seen 3 ownership changes, averaging approximately 7.7 years between sales.
Since last selling in 2017, the property's estimated value has grown by approximately £382,221, representing a 10% annual growth rate over 8.6 years.
Market Position
Ranks as the 4th most expensive property in LU1 4BG based on latest sale prices, placing it in the top 18% of properties in the postcode.
Priced 52.9% above the LU1 4BG average of £196,111 for all property types.
Current estimated value ranges from £613,954 to £750,388, with a central estimate of £682,171 based on market growth trends.
Comparative Market Analysis
COLLINGS WELLS CLOSE has 22 recorded properties with an average sale price of £196,111. This property is 52.9% above the street average.
Across all property types in LU1 4BG, 2 properties have sold over the past 12 months at an average of £354,750.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £682,171 | 127.4% | - |
| 10/05/2017 | £299,950 | +68.5% | terraced house |
| 07/09/2012 | £178,000 | +35.9% | terraced house |
| 01/10/2002 | £131,000 | - | semi detached house |
Price History
Market Statistics - LU1 4BG
Property Types
Similar Properties in LU1 4BG
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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 .