48 Red Rails

    48, RED RAILS, LUTON, LU1 5NE

    This semi-detached freehold property on Red Rails last sold in June 2022 for £333,000. Based on price growth in the LU1 district since then, its estimated current value is £354,644 — placing it in the 60th percentile nationally and the 74th percentile within LU1. The property covers 81 m² (872 sq ft), giving an estimated value of £4,378 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £333,000

    Jun 2022

    Estimated Valuation

    £354,644

    Est. £/sq ft

    £407/sq ft

    £4,378/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area872 sq ft (81 m²)
    EPC dateMar 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2022

    £333,000

    Key Metrics

    Estimated valuation£354,644
    Value per sq ft / m²£407/sq ft (£4,378/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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