55 BUTLIN ROAD
Recent sale
£235k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
89 Butlin Road, Luton, LU1 1LB
UPRN:100080133901Terrace Property2 bedsBuilt 1900-1929
FreeholdCouncil Tax: Band AEPC: D (63)
Data freshness:Listing· freshListing: fresh, refreshed today (2026-10-24T04:00:05.961683+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:52:06.229846+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-07-01T02:04:50.057738+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated today
£247,000
Estimated value
Range: £234k - £259k|Last sold: £15k (1997-02-25)
Estimate of £247k for this terrace property. 336 sales in LU1 in the last 12 months; median £272k.
Estimate confidence
High confidence
Value History
Current estimate
£247k
£234k - £259k - High confidence
Annualised (CAGR)
+2.52%
Over the full window
Peak estimate
£254k
Jan 2023
From peak
-2.76%
Drawdown from peak
AVM estimate (model)Repeat-sales index - LU1 district (quarterly)index YoY -4.08%
Growth by window
3m
+3.35%
6m
+3.35%
12m
-0.40%
24m
+1.23%
60m
+10.76%
Rental Market
Estimated rent (pcm)
£1,300
/ month
Gross yield
6.50%
Rent ÷ asking price
Net yield
4.50%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£272k
LU1 sales, last 12 months
12m Price Growth
-
LU1 median, Land Registry
Days on Market
56d
LU1 average
Sales & Yield
3 metricsTransactions / 12m
336
LU1 sales
Area Gross Yield
5.38%
LU1 medians
Last Sold
£15k
1997-02-25
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£240,000
- SDLT standard£2,300
- SDLT BTL surcharge (5%)£12,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£256,400
Funding
- Deposit (25%)£60,000
- Mortgage (75% LTV)£180,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£76,400
Monthly Returns
- Monthly Rent (estimate)£1,300
- Mortgage Payment (IO)-£788
- Management (10%)-£130
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£282
Capital Returns
- 5yr Property Value£237,134
- 5yr Capital Gain (-0.24% pa, historical)-£2,866
- 5yr Cumulative Rent (net)+£67,059
- Less mortgage interest-£47,280
- 5yr Total Return+£16,913
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £239,424 | £59,424 | +£3,384 | +£2,808 | 3.7% |
| Year 2 | £238,849 | £58,849 | +£7,044 | +£5,893 | 7.7% |
| Year 3 | £238,276 | £58,276 | +£10,998 | +£9,274 | 12.1% |
| Year 4 | £237,704 | £57,704 | +£15,241 | +£12,945 | 16.9% |
| Year 5 | £237,134 | £57,134 | +£19,779 | +£16,913 | 22.1% |
Modelled on the live asking price. Capital growth -0.24% a year is the LU1 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£76,400).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
83 BUTLIN ROAD
Recent sale
£210k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
23 BUTLIN ROAD
Recent sale
£246k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
19 BUTLIN ROAD
Recent sale
£200k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£28,741
Median earnings (local authority)
Signal
2,478
Population
Signal
5.0%
Households Deprived