Flat 1 16 Russell Street

    FLAT 1 16, RUSSELL STREET, LUTON, LU1 5EA

    This flat/maisonette leasehold property on Russell Street last sold in March 2006 for £79,000. Based on price growth in the LU1 district since then, its estimated current value is £114,813 — placing it in the 6th percentile nationally and the 7th percentile within LU1. The property covers 50 m² (538 sq ft), giving an estimated value of £2,296 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £79,000

    Mar 2006

    Estimated Valuation

    £114,813

    Est. £/sq ft

    £213/sq ft

    £2,296/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateAug 2018
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2006

    £79,000

    30 Jan 2004

    £58,500

    Key Metrics

    Estimated valuation£114,813
    Value per sq ft / m²£213/sq ft (£2,296/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile7th percentile
    National percentile6th 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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