23 Red Rails

    23, RED RAILS, LUTON, LU1 5ND

    This semi-detached freehold property on Red Rails last sold in January 2014 for £156,000. Based on price growth in the LU1 district since then, its estimated current value is £275,296 — placing it in the 44th percentile nationally and the 50th percentile within LU1. The property covers 138 m² (1,485 sq ft), giving an estimated value of £1,995 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £156,000

    Jan 2014

    Estimated Valuation

    £275,296

    Est. £/sq ft

    £185/sq ft

    £1,995/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,485 sq ft (138 m²)
    EPC dateAug 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jan 2014

    £156,000

    24 Aug 1999

    £59,995

    Key Metrics

    Estimated valuation£275,296
    Value per sq ft / m²£185/sq ft (£1,995/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile50th percentile
    National percentile44th 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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