1 Red Rails

    1, RED RAILS, LUTON, LU1 5ND

    This semi-detached freehold property on Red Rails last sold in March 2020 for £275,000. Based on price growth in the LU1 district since then, its estimated current value is £326,843 — placing it in the 55th percentile nationally and the 67th percentile within LU1. The property covers 80 m² (861 sq ft), giving an estimated value of £4,086 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £275,000

    Mar 2020

    Estimated Valuation

    £326,843

    Est. £/sq ft

    £380/sq ft

    £4,086/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateOct 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Mar 2020

    £275,000

    Key Metrics

    Estimated valuation£326,843
    Value per sq ft / m²£380/sq ft (£4,086/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile67th percentile
    National percentile55th 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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