According to the public record, 97, Russell Street, Luton is a period freehold house with 602 ft2 of internal area and sits on a 91.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Russell Street, Luton, LU1 is located within the LU1 postal district.
97, Russell Street, Luton has 31 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 97 Russell Street Luton as £202,862 and the rental value as £1,075 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 97 Russell Street Luton has decreased by £177 (0.1%) and its rental value has increased by £71 per month (6.6%).
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 97, Russell Street, Luton is in very good condition we estimate a sale value of £213,005 and rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,662 and a rental value of £1,000 per month.
If you were able to purchase this property for the estimated value of £202,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £997 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 data from HM Land Registry, 97, Russell Street, Luton sits on a plot of 91m2.
We have plot size data on 38 out of 48 other houses in the postcode and 97, Russell Street, Luton sits on the 34th largest plot.
According to HM Land Registry, 97, Russell Street, Luton was last sold on 25 Nov 2021 for £190,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Russell Street, Luton within a radius of 310 metres over the last 2 years.
The most recent example is 28, St. Saviours Crescent, Luton, LU1 5HG, a Freehold house which sold for £219,500 in Nov 2022.
Read more about house prices in LU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Street, Luton, LU1 has a total of 106 addresses. According to our analysis of all the public data, 97, Russell Street, Luton is the 59th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in LU1.
97, Russell Street, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 97, Russell Street, Luton is Luton station which is 1.0 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 97, Russell Street, Luton, 77.6% of property is privately rented and 9.8% 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 97, Russell Street, Luton, 23.2% of residents are recorded as possessing school level qualifications and 30.3% 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 97, Russell Street, 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 97, Russell Street, Luton, 0.6% 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 97, Russell Street, Luton, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.