2 Red Rails

    2, RED RAILS, LUTON, LUTON, LU1 5ND

    This semi-detached freehold property on Red Rails last sold in December 2006 for £155,000. Based on price growth in the LU1 district since then, its estimated current value is £334,673 — placing it in the 56th percentile nationally and the 69th percentile within LU1. The property covers 97 m² (1,044 sq ft), giving an estimated value of £3,450 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £155,000

    Dec 2006

    Estimated Valuation

    £334,673

    Est. £/sq ft

    £321/sq ft

    £3,450/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 area1,044 sq ft (97 m²)
    EPC dateNov 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Dec 2006

    £155,000

    Key Metrics

    Estimated valuation£334,673
    Value per sq ft / m²£321/sq ft (£3,450/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile69th percentile
    National percentile56th 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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