55b Russell Rise

    55B, RUSSELL RISE, LUTON, LU1 5ET

    This flat/maisonette leasehold property on Russell Rise last sold in February 2000 for £21,000. Based on price growth in the LU1 district since then, its estimated current value is £83,939 — placing it in the 2nd percentile nationally and the 1st percentile within LU1. The property covers 30 m² (323 sq ft), giving an estimated value of £2,798 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    323 sq ft

    30 m²

    Last Sale Price

    £21,000

    Feb 2000

    Estimated Valuation

    £83,939

    Est. £/sq ft

    £260/sq ft

    £2,798/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms1
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area323 sq ft (30 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Feb 2000

    £21,000

    22 Feb 2000

    £55,800

    Key Metrics

    Estimated valuation£83,939
    Value per sq ft / m²£260/sq ft (£2,798/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile1st percentile
    National percentile2nd 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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