3 Russell Street

    3, RUSSELL STREET, LUTON, LU1 5EA

    This terraced freehold property on Russell Street last sold in September 2016 for £220,000. Based on price growth in the LU1 district since then, its estimated current value is £279,777 — placing it in the 45th percentile nationally and the 52nd percentile within LU1. The property covers 130 m² (1,399 sq ft), giving an estimated value of £2,152 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £220,000

    Sept 2016

    Estimated Valuation

    £279,777

    Est. £/sq ft

    £200/sq ft

    £2,152/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2016

    £220,000

    25 Sept 2009

    £158,000

    8 Jan 1999

    £57,500

    Key Metrics

    Estimated valuation£279,777
    Value per sq ft / m²£200/sq ft (£2,152/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile52nd percentile
    National percentile45th percentile

    District Context — LU1

    LU1 covers Luton town centre and its immediate surroundings in Bedfordshire, positioned north of London on the main transport corridor. It is a densely populated urban area with a diverse, younger demographic and a strong private rental market.

    Average Property Price - LU1

    £321,141

    49

    National percentile

    Average Net Household Income - LU1

    £19,025

    2

    National percentile

    10-Year Annualised Price Growth - LU1

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU1

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