Flat 3, 45 Russell Rise, Luton, LU1 5ET is a leasehold flat built between 1900-1929. The property offers approximately 398 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £135,068 , which equates to approximately £339 per square foot. It was last sold on 21 Jun 2000 for £40,000. Since then, the value has increased by £95,068, representing a 237.7% increase, or approximately 9.3% per year.

The current estimated value of £135,068 is:

  • 49.1% lower than the average property price on Russell Rise
  • 38.3% lower than the average in the LU1 5ET postcode area
  • and 58.5% lower than the average price for Luton as a whole

At the most recent EPC inspection on 21 July 2022, the property was recorded as rented.

View sold house prices in LU1 5ET

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£135,068
Price Per sq ft (estimate)
£339
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 45 Russell Rise, Luton, LU1 5ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Jul 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Oct 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 25.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation(assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 86% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to LU1 5ET

34 th / 41
Price Rank
38% lower than average
29 th / 34
Size Rank
52% smaller than average
8 th / 34
Price Per Sq FT Rank
30% higher than average

Compared to other properties in LU1 5ET , this flat's estimated value ranks 34th out of 41. Based on price per square foot, it ranks 8th out of 34 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 29th out of 34 properties in its postcode area.

Sale History

Today
£135,068
streetscan.co.uk estimate
+238 %
21 Jun 2000
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £38,000
sale date: 31 May 2000
rooms: 2
size: 388 sq ft
sale price: £160,000
sale date: 31 Mar 2022
rooms: 1
size: 388 sq ft
sale price: £120,000
sale date: 31 Mar 2022
rooms: 1
size: 355 sq ft
sale price: £120,000
sale date: 31 Mar 2022
rooms: 2
size: 452 sq ft
sale price: £140,000
sale date: 31 Mar 2022

Data Sources

The property at Flat 3, 45 Russell Rise, Luton, LU1 5ET appears once in the Land Registry records, with the transaction recorded on 21 Jun 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jul 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.