53c Russell Rise

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

    This semi-detached leasehold property on Russell Rise last sold in June 2002 for £38,000. Based on price growth in the LU1 district since then, its estimated current value is £121,975 — placing it in the 7th percentile nationally and the 8th percentile within LU1. The property covers 36 m² (388 sq ft), giving an estimated value of £3,388 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £38,000

    Jun 2002

    Estimated Valuation

    £121,975

    Est. £/sq ft

    £315/sq ft

    £3,388/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area388 sq ft (36 m²)
    EPC dateNov 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jun 2002

    £38,000

    10 Mar 1997

    £18,500

    Key Metrics

    Estimated valuation£121,975
    Value per sq ft / m²£315/sq ft (£3,388/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile8th percentile
    National percentile7th 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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