According to the public record, 107, Russell Rise, Luton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 976 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Russell Rise, Luton, LU1 is located within the LU1 postal district.
107, Russell Rise, Luton has 21 entries in the Land Registry database, most recently in November 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 107 Russell Rise Luton as £252,660 and the rental value as £1,279 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 107 Russell Rise Luton has decreased by £1,272 (0.5%) and its rental value has increased by £79 per month (6.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 107, Russell Rise, Luton is in very good condition we estimate a sale value of £265,293 and rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,974 and a rental value of £1,189 per month.
If you were able to purchase this property for the estimated value of £252,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,242 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 107, Russell Rise, Luton was last sold on 12 Nov 2008 for £140,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2008, the market for similar properties has risen 94.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 107, Russell Rise, Luton within a radius of 370 metres over the last 2 years.
The most recent example is 10, Chiltern Rise, Luton, LU1 5HF, a Freehold house which sold for £275,000 in May 2023.
Read more about house prices in LU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Rise, Luton, LU1 has a total of 146 addresses. According to our analysis of all the public data, 107, Russell Rise, Luton is the 38th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in LU1.
The closest station to 107, Russell Rise, Luton is Luton station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 107, Russell Rise, Luton, 61.5% of property is privately rented and 27.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 107, Russell Rise, Luton, 22.9% of residents are recorded as possessing school level qualifications and 29.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 107, Russell Rise, Luton, the average age was 34.4 and the most common age was 12.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 107, Russell Rise, Luton, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 107, Russell Rise, Luton, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.