31 Russell Rise

    31, RUSSELL RISE, LUTON, LU1 5ES

    This terraced freehold property on Russell Rise last sold in September 2021 for £282,500. Based on price growth in the LU1 district since then, its estimated current value is £309,025 — placing it in the 51st percentile nationally and the 61st percentile within LU1. The property covers 106 m² (1,141 sq ft), giving an estimated value of £2,915 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £282,500

    Sept 2021

    Estimated Valuation

    £309,025

    Est. £/sq ft

    £271/sq ft

    £2,915/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateJun 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Sept 2021

    £282,500

    7 Mar 2006

    £169,000

    25 Feb 2005

    £128,000

    Key Metrics

    Estimated valuation£309,025
    Value per sq ft / m²£271/sq ft (£2,915/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile61st percentile
    National percentile51st 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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