7 Red Rails

    7, RED RAILS, LUTON, LU1 5ND

    This semi-detached freehold property on Red Rails last sold in February 2017 for £260,000. Based on price growth in the LU1 district since then, its estimated current value is £321,181 — placing it in the 54th percentile nationally and the 66th percentile within LU1. The property covers 92 m² (990 sq ft), giving an estimated value of £3,491 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £260,000

    Feb 2017

    Estimated Valuation

    £321,181

    Est. £/sq ft

    £324/sq ft

    £3,491/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 area990 sq ft (92 m²)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2017

    £260,000

    6 Dec 2013

    £170,000

    Key Metrics

    Estimated valuation£321,181
    Value per sq ft / m²£324/sq ft (£3,491/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile66th percentile
    National percentile54th 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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