Unit 2 16 Russell Street

    UNIT 2 16, RUSSELL STREET, LUTON, LUTON, LU1 5EA

    This semi-detached leasehold property on Russell Street last sold in July 2006 for £95,000. Based on price growth in the LU1 district since then, its estimated current value is £205,122 — placing it in the 26th percentile nationally and the 26th percentile within LU1. The property covers 40 m² (431 sq ft), giving an estimated value of £5,128 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £95,000

    Jul 2006

    Estimated Valuation

    £205,122

    Est. £/sq ft

    £476/sq ft

    £5,128/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateOct 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jul 2006

    £95,000

    28 Mar 2003

    £78,500

    13 Dec 2002

    £55,000

    Key Metrics

    Estimated valuation£205,122
    Value per sq ft / m²£476/sq ft (£5,128/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile26th percentile
    National percentile26th 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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