5 Red Rails Court Red Rails

    5 RED RAILS COURT, RED RAILS, LUTON, LU1 5NF

    This flat/maisonette leasehold property on Red Rails last sold in August 2022 for £178,000. Based on price growth in the LU1 district since then, its estimated current value is £170,016 — placing it in the 17th percentile nationally and the 18th percentile within LU1. The property covers 63 m² (678 sq ft), giving an estimated value of £2,699 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £178,000

    Aug 2022

    Estimated Valuation

    £170,016

    Est. £/sq ft

    £251/sq ft

    £2,699/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area678 sq ft (63 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Aug 2022

    £178,000

    23 Jan 2004

    £95,000

    30 Nov 2001

    £57,995

    9 Dec 1998

    £33,500

    Key Metrics

    Estimated valuation£170,016
    Value per sq ft / m²£251/sq ft (£2,699/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile18th percentile
    National percentile17th 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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