31a Red Rails

    31A, RED RAILS, LUTON, LUTON, LU1 5ND

    This semi-detached freehold property on Red Rails last sold in February 2009 for £147,000. Based on price growth in the LU1 district since then, its estimated current value is £294,458 — placing it in the 48th percentile nationally and the 56th percentile within LU1. The property covers 62 m² (667 sq ft), giving an estimated value of £4,749 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £147,000

    Feb 2009

    Estimated Valuation

    £294,458

    Est. £/sq ft

    £441/sq ft

    £4,749/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateDec 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2009

    £147,000

    4 Jun 2004

    £155,000

    16 May 2003

    £140,000

    27 Mar 2003

    £120,000

    Key Metrics

    Estimated valuation£294,458
    Value per sq ft / m²£441/sq ft (£4,749/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile56th percentile
    National percentile48th 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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