60 Russell Rise

    60, RUSSELL RISE, LUTON, LU1 5EX

    This terraced freehold property on Russell Rise last sold in March 2018 for £207,000. Based on price growth in the LU1 district since then, its estimated current value is £261,751 — placing it in the 40th percentile nationally and the 45th percentile within LU1. The property covers 82 m² (883 sq ft), giving an estimated value of £3,192 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £207,000

    Mar 2018

    Estimated Valuation

    £261,751

    Est. £/sq ft

    £297/sq ft

    £3,192/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateSept 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Mar 2018

    £207,000

    3 Oct 2014

    £148,000

    28 Jul 1997

    £48,250

    Key Metrics

    Estimated valuation£261,751
    Value per sq ft / m²£297/sq ft (£3,192/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile45th percentile
    National percentile40th 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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