1, Red Rails
Key Building Insights
1, Red Rails is a residential building situated on Red Rails, Luton, LU1 with 2 addresses.
It ranks as the 11th largest and 1134th most expensive of the 1,221 buildings in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 1 house and 1 flat.
- Ave. Sale Price
- £239,093
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £1,330pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £309/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Building Insights
1, Red Rails is a residential building situated on Red Rails, Luton, LU1 with 2 addresses.
It ranks as the 11th largest and 1134th most expensive of the 1,221 buildings in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 1 house and 1 flat.
- Ave. Sale Price
- £239,093
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £1,330pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £309/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Properties on Red Rails, Luton, LU1
- 1 Red Rails Court Red Rails
2 Bed Mid-century Flat
- 1 Red Rails
3 Bed Mid-century House
Sales Market Trends
The last sale in 1, Red Rails sold for £275,000 on 2nd March 2020. Since then prices are up an average of 12.5%.
The current average value in the building is £239,093.
The 1, Red Rails Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £239,093 |
| June 2025 | 2.1% | £241,328 |
| June 2024 | -0.5% | £236,465 |
| June 2023 | -0.6% | £237,709 |
| June 2022 | 7.4% | £239,126 |
| June 2021 | 4% | £222,722 |
| June 2020 | 3.2% | £214,100 |
| June 2019 | -5.7% | £207,549 |
| June 2018 | 1% | £220,048 |
| June 2017 | 5.8% | £217,835 |
| June 2016 | 23.7% | £205,849 |
| June 2015 | 11.3% | £166,356 |
| June 2014 | 6.4% | £149,484 |
| June 2013 | 4.3% | £140,455 |
| June 2012 | 0.6% | £134,633 |
| June 2011 | 1.4% | £133,864 |
| June 2010 | 6.5% | £131,952 |
| June 2009 | -17% | £123,940 |
| June 2008 | -4.9% | £149,302 |
| June 2007 | 0% | £156,928 |
Rental Market Trends
The current average rental value in the building is £1,330.
The 1, Red Rails Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,330pcm |
| June 2025 | 1.7% | £1,302pcm |
| June 2024 | 6.8% | £1,280pcm |
| June 2023 | 17.1% | £1,199pcm |
| June 2022 | 8.2% | £1,024pcm |
| June 2021 | 2.5% | £946pcm |
| June 2020 | -1.1% | £923pcm |
| June 2019 | 1% | £934pcm |
| June 2018 | -3.2% | £924pcm |
| June 2017 | 1.9% | £955pcm |
| June 2016 | 7.1% | £936pcm |
| June 2015 | 10.1% | £874pcm |
| June 2014 | 4.4% | £794pcm |
| June 2013 | 1.2% | £761pcm |
| June 2012 | 1.4% | £752pcm |
| June 2011 | 4% | £742pcm |
| June 2010 | 3.1% | £713pcm |
| June 2009 | -7.7% | £692pcm |
| June 2008 | 0.2% | £749pcm |
| June 2007 | 0% | £747pcm |
Sales History
The last recorded sale was on 2nd March 2020 for £275,000 and since then the market in the area has increased by 12.5%.
1, Red Rails, Luton, LU1 5ND has had 2 sales since 1995, none of them in the last three years.
- Sold Mar 2020£275,000 | 3 Bed House1, Red Rails, Luton, LU1 5ND1, Red Rails, Luton, LU1 5ND
- Sold Jun 2018£153,000 | 2 Bed Flat1 Red Rails Court, Red Rails, Luton, LU1 5NF1 Red Rails Court, Red Rails, Luton, LU1 5NF
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 mid-century flat built between 1936 and 1979
- mid-century house (1)
- mid-century flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2023£375,000 | 3 Bed House16, Red Rails, Luton, LU1 5ND16, Red Rails, Luton, LU1 5ND
- Sold Apr 2025£362,000 | 3 Bed House4, Red Rails, Luton, LU1 5ND4, Red Rails, Luton, LU1 5ND
- Sold May 2025£355,000 | 3 Bed House12, Red Rails, Luton, LU1 5ND12, Red Rails, Luton, LU1 5ND
Schools Nearby
- Hillborough Junior School300 m away
- Hillborough Infant and Nursery School300 m away
- Farley Junior Academy300 m away
- The Stockwood Park Academy600 m away
- Chiltern Academy1.8 km away
- Denbigh High School2.3 km away
More reading links
Public Transport Nearby
The closest station to 1, Red Rails, Luton, LU1 5ND is Luton station, which is 1.6 kilometres away.
- Luton|1.6 km away
- Luton Airport Parkway|2.2 km away
- Leagrave|4.4 km away
- Harpenden|8.1 km away