Point Red, Midland Road - LU2 0BL
Key Building Insights
Point Red, Midland Road is a residential building situated on Midland Road, Luton, LU2 with 40 addresses.
It ranks as the 570th largest and 258th most expensive of the 590 buildings in the LU2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 40 properties: 40 flats.
- Ave. Sale Price
- £166,999
- 10 Year change
- up 9.8%
- Ave. Rental Price
- £888pcm
- 10 Year change
- up 34.0%
- Ave. £ per ft²
- £336/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Building Insights
Point Red, Midland Road is a residential building situated on Midland Road, Luton, LU2 with 40 addresses.
It ranks as the 570th largest and 258th most expensive of the 590 buildings in the LU2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 40 properties: 40 flats.
- Ave. Sale Price
- £166,999
- 10 Year change
- up 9.8%
- Ave. Rental Price
- £888pcm
- 10 Year change
- up 34.0%
- Ave. £ per ft²
- £336/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertieson Midland Road, Luton, LU2
- 101, Point Red 146 Midland Road
Modern Flat
- 102, Point Red 146 Midland Road
2 Bed Modern Flat
- 103, Point Red 146 Midland Road
1 Bed Modern Flat
- 104, Point Red 146 Midland Road
1 Bed Modern Flat
- 105, Point Red 146 Midland Road
1 Bed Modern Flat
Sales Market Trends
The last sale in Point Red, Midland Road sold for £100,000 on 18th December 2023. Since then prices are up an average of 9.4%.
The current average value in the building is £166,999.
The Point Red, Midland Road Sales Market has increased by 9.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £166,999 |
| June 2025 | 1.2% | £168,193 |
| June 2024 | -0.1% | £166,247 |
| June 2023 | -2.3% | £166,467 |
| June 2022 | 8.3% | £170,435 |
| June 2021 | 3.1% | £157,394 |
| June 2020 | 0.4% | £152,636 |
| June 2019 | -4.1% | £152,087 |
| June 2018 | 0.4% | £158,663 |
| June 2017 | 4% | £158,095 |
| June 2016 | 19.8% | £152,060 |
| June 2015 | 13.3% | £126,899 |
| June 2014 | 8.6% | £112,027 |
| June 2013 | 1.1% | £103,136 |
| June 2012 | -0.9% | £102,062 |
| June 2011 | -0.5% | £103,027 |
| June 2010 | 4.1% | £103,540 |
| June 2009 | -14.2% | £99,477 |
| June 2008 | -4.1% | £115,944 |
| June 2007 | 0% | £120,852 |
Rental Market Trends
The current average rental value in the building is £888.
The Point Red, Midland Road Rental Market has increased by 34.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £888pcm |
| June 2025 | 1.2% | £871pcm |
| June 2024 | 9.6% | £860pcm |
| June 2023 | 13.3% | £785pcm |
| June 2022 | 5.1% | £692pcm |
| June 2021 | 1.9% | £659pcm |
| June 2020 | 0.7% | £647pcm |
| June 2019 | -1% | £642pcm |
| June 2018 | -3.6% | £649pcm |
| June 2017 | 1.5% | £673pcm |
| June 2016 | 8% | £663pcm |
| June 2015 | 8.6% | £614pcm |
| June 2014 | 4.3% | £565pcm |
| June 2013 | 0.4% | £542pcm |
| June 2012 | 0.9% | £540pcm |
| June 2011 | 3.9% | £535pcm |
| June 2010 | 1% | £515pcm |
| June 2009 | -7.3% | £510pcm |
| June 2008 | 0.6% | £550pcm |
| June 2007 | 0% | £547pcm |
Sales History
The last sale was on 18th December 2023 for £100,000 and since then the market in the area has increased by 9.4%. The building has had a total of 70 sales since 1995.
Point Red, Midland Road, Luton, LU2 0BL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£100,000 | 1 Bed Flat304, Point Red 146, Midland Road, Luton, LU2 0BL304, Point Red 146, Midland Road, Luton, LU2 0BL
- Sold Jun 2019£177,000 | 2 Bed Flat603, Point Red 146, Midland Road, Luton, LU2 0BL603, Point Red 146, Midland Road, Luton, LU2 0BL
- Sold Nov 2017£215,000 | 2 Bed Flat602, Point Red 146, Midland Road, Luton, LU2 0BL602, Point Red 146, Midland Road, Luton, LU2 0BL
- Sold Sep 2017£150,000 | 2 Bed Flat301, Point Red 146, Midland Road, Luton, LU2 0BL301, Point Red 146, Midland Road, Luton, LU2 0BL
- Sold Aug 2017£147,000 | 2 Bed Flat506, Point Red 146, Midland Road, Luton, LU2 0BL506, Point Red 146, Midland Road, Luton, LU2 0BL
Property Types
- 39 modern flats built after 1980
- 1 other address of unknown type
- modern flat (39)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (22)
- F (0)
- C (15)
- G (0)
- D (3)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2018£395,000 | 4 Bed House138, Midland Road, Luton, LU2 0BL138, Midland Road, Luton, LU2 0BL
- Sold Jan 2007£375,000 | 5 Bed HouseStation House, Midland Road, Luton, LU2 0HSStation House, Midland Road, Luton, LU2 0HS
- Sold Aug 2021£305,000 | 2 Bed FlatFlat 89, Hatton Place 118, Midland Road, Luton, LU2 0FDFlat 89, Hatton Place 118, Midland Road, Luton, LU2 0FD
Schools Nearby
- St Matthew's Primary School500 m away
- Dallow Primary School900 m away
- Beech Hill Community Primary School1.2 km away
- Denbigh High School1.1 km away
- Chiltern Academy1.5 km away
- The Stockwood Park Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to Point Red, Midland Road, Luton, LU2 0BL is Luton station, which is 200 metres away.
- Luton|200 m away
- Luton Airport Parkway|1.8 km away
- Leagrave|3.8 km away
- Harpenden|8.8 km away
