53a Russell Rise

    53A, RUSSELL RISE, LUTON, LUTON, LU1 5ET

    This flat/maisonette leasehold property on Russell Rise last sold in July 2001 for £25,000. Based on price growth in the LU1 district since then, its estimated current value is £74,929 — placing it in the 1st percentile nationally and the 1st percentile within LU1. The property covers 28 m² (301 sq ft), giving an estimated value of £2,676 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    301 sq ft

    28 m²

    Last Sale Price

    £25,000

    Jul 2001

    Estimated Valuation

    £74,929

    Est. £/sq ft

    £249/sq ft

    £2,676/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area301 sq ft (28 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Jul 2001

    £25,000

    Key Metrics

    Estimated valuation£74,929
    Value per sq ft / m²£249/sq ft (£2,676/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile1st percentile
    National percentile1st 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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