38 Russell Rise

    38, RUSSELL RISE, LUTON, LU1 5EX

    This semi-detached freehold property on Russell Rise last sold in November 2016 for £235,000. Based on price growth in the LU1 district since then, its estimated current value is £310,769 — placing it in the 52nd percentile nationally and the 62nd percentile within LU1. The property covers 98 m² (1,055 sq ft), giving an estimated value of £3,171 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £235,000

    Nov 2016

    Estimated Valuation

    £310,769

    Est. £/sq ft

    £295/sq ft

    £3,171/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Nov 2016

    £235,000

    20 Jul 2005

    £137,500

    Key Metrics

    Estimated valuation£310,769
    Value per sq ft / m²£295/sq ft (£3,171/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile62nd percentile
    National percentile52nd 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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