45 Red Rails

    45, RED RAILS, LUTON, LU1 5ND

    This semi-detached freehold property on Red Rails last sold in August 2016 for £268,000. Based on price growth in the LU1 district since then, its estimated current value is £354,409 — placing it in the 60th percentile nationally and the 74th percentile within LU1. The property covers 83 m² (893 sq ft), giving an estimated value of £4,270 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £268,000

    Aug 2016

    Estimated Valuation

    £354,409

    Est. £/sq ft

    £397/sq ft

    £4,270/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateMay 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2016

    £268,000

    7 Feb 1997

    £45,500

    Key Metrics

    Estimated valuation£354,409
    Value per sq ft / m²£397/sq ft (£4,270/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile74th percentile
    National percentile60th 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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