Flat 3 16 Russell Street

    FLAT 3 16, RUSSELL STREET, LUTON, LU1 5EA

    This flat/maisonette leasehold property on Russell Street last sold in June 2022 for £120,000. Based on price growth in the LU1 district since then, its estimated current value is £114,618 — 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 £2,292 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

    £120,000

    Jun 2022

    Estimated Valuation

    £114,618

    Est. £/sq ft

    £213/sq ft

    £2,292/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

    17 Jun 2022

    £120,000

    16 Feb 2007

    £82,000

    12 Feb 2003

    £55,000

    1 Jun 2001

    £34,000

    Key Metrics

    Estimated valuation£114,618
    Value per sq ft / m²£213/sq ft (£2,292/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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