5, Red Rails
Key Building Insights
5, Red Rails is a residential building situated on Red Rails, Luton, LU1 with 2 addresses.
It ranks as the 315th largest of the 1,221 buildings in the LU1 area.
The building contains a total of 2 properties: 1 flat and 1 other property.
- Ave. Sale Price
- £245,512
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £1,347pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Building Insights
5, Red Rails is a residential building situated on Red Rails, Luton, LU1 with 2 addresses.
It ranks as the 315th largest of the 1,221 buildings in the LU1 area.
The building contains a total of 2 properties: 1 flat and 1 other property.
- Ave. Sale Price
- £245,512
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £1,347pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Properties on Red Rails, Luton, LU1
- 5 Red Rails Court Red Rails
2 Bed Mid-century Flat
- 5 Red Rails
Mid-century House
Sales Market Trends
The last sale in 5, Red Rails sold for £178,000 on 9th August 2022. Since then prices are down an average of 1.9%.
The current average value in the building is £245,512.
The 5, Red Rails Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £245,512 |
| June 2025 | 2.1% | £247,807 |
| June 2024 | -0.5% | £242,813 |
| June 2023 | -0.6% | £244,091 |
| June 2022 | 7.4% | £245,546 |
| June 2021 | 4% | £228,701 |
| June 2020 | 3.2% | £219,848 |
| June 2019 | -5.7% | £213,121 |
| June 2018 | 1% | £225,955 |
| June 2017 | 5.8% | £223,683 |
| June 2016 | 23.7% | £211,375 |
| June 2015 | 11.3% | £170,822 |
| June 2014 | 6.4% | £153,497 |
| June 2013 | 4.3% | £144,225 |
| June 2012 | 0.6% | £138,248 |
| June 2011 | 1.4% | £137,457 |
| June 2010 | 6.5% | £135,494 |
| June 2009 | -17% | £127,267 |
| June 2008 | -4.9% | £153,310 |
| June 2007 | 0% | £161,141 |
Rental Market Trends
The current average rental value in the building is £1,347.
The 5, Red Rails Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,347pcm |
| June 2025 | 1.7% | £1,319pcm |
| June 2024 | 6.8% | £1,297pcm |
| June 2023 | 17.1% | £1,215pcm |
| June 2022 | 8.2% | £1,038pcm |
| June 2021 | 2.5% | £959pcm |
| June 2020 | -1.1% | £935pcm |
| June 2019 | 1% | £946pcm |
| June 2018 | -3.2% | £936pcm |
| June 2017 | 1.9% | £967pcm |
| June 2016 | 7.1% | £948pcm |
| June 2015 | 10.1% | £886pcm |
| June 2014 | 4.4% | £805pcm |
| June 2013 | 1.2% | £770pcm |
| June 2012 | 1.4% | £761pcm |
| June 2011 | 4% | £751pcm |
| June 2010 | 3.1% | £722pcm |
| June 2009 | -7.7% | £701pcm |
| June 2008 | 0.2% | £759pcm |
| June 2007 | 0% | £757pcm |
Sales History
The last recorded sale was on 9th August 2022 for £178,000 and since then the market in the area has decreased by 1.9%.
5, Red Rails, Luton, LU1 5ND has had 3 sales since 1995, none of them in the last three years.
- Sold Aug 2022£178,000 | 2 Bed Flat5 Red Rails Court, Red Rails, Luton, LU1 5NF5 Red Rails Court, Red Rails, Luton, LU1 5NF
- Sold Jan 2004£95,000 | 2 Bed Flat5 Red Rails Court, Red Rails, Luton, LU1 5NF5 Red Rails Court, Red Rails, Luton, LU1 5NF
- Sold Feb 2003£126,000 | 3 Bed House5, Red Rails, Luton, LU1 5ND5, Red Rails, Luton, LU1 5ND
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
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 5, 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
