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Richards Court Richards Close is a residential building situated on Richards Close, Luton, LU1 with 8 addresses.
It ranks as the 987th largest and 674th most expensive of the 1,214 buildings in the LU1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 8 properties: 8 flats.
Richards Court Richards Close is a residential building situated on Richards Close, Luton, LU1 with 8 addresses.
It ranks as the 987th largest and 674th most expensive of the 1,214 buildings in the LU1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 8 properties: 8 flats.
Sale prices range from £148,090 for 2 bedroom leasehold flats (533 ft2) to £154,301 for 2 bedroom leasehold flats (575 ft2) .
Monthly rental prices range from £994 pcm for 2 bed flats to £1,030 pcm for 2 bed flats.
The gross rental yield is between 8.0% and 8.1%.
The average value per square foot is £273.
The last sale in Richards Court Richards Close sold for £95,000 on 30th May 2014. Since then prices are up an average of 49.3%.
The current average value in the building is £150,789.
The Richards Court Richards Close Sales Market has increased by 9.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £150,789 |
| May 2025 | 0.9% | £151,793 |
| May 2024 | -0.2% | £150,410 |
| May 2023 | -0.4% | £150,692 |
| May 2022 | 4.6% | £151,269 |
| May 2021 | 2.5% | £144,580 |
| May 2020 | 2.2% | £141,054 |
| May 2019 | -6.2% | £138,063 |
| May 2018 | 0.6% | £147,244 |
| May 2017 | 6% | £146,385 |
| May 2016 | 23.6% | £138,044 |
| May 2015 | 10.6% | £111,657 |
| May 2014 | 6% | £100,985 |
| May 2013 | 2.2% | £95,275 |
| May 2012 | 0.5% | £93,235 |
| May 2011 | 1.4% | £92,779 |
| May 2010 | 3% | £91,471 |
| May 2009 | -18% | £88,826 |
| May 2008 | -3.8% | £108,339 |
| May 2007 | 0% | £112,598 |
The current average rental value in the building is £1,010.
The Richards Court Richards Close Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.1% | £1,010pcm |
| May 2025 | 0.6% | £999pcm |
| May 2024 | 7.9% | £993pcm |
| May 2023 | 16.1% | £920pcm |
| May 2022 | 5.4% | £792pcm |
| May 2021 | 0.3% | £751pcm |
| May 2020 | -1.5% | £749pcm |
| May 2019 | 0.1% | £760pcm |
| May 2018 | -4.1% | £760pcm |
| May 2017 | 2.7% | £792pcm |
| May 2016 | 7.8% | £771pcm |
| May 2015 | 8.9% | £715pcm |
| May 2014 | 3.1% | £657pcm |
| May 2013 | 0.5% | £637pcm |
| May 2012 | 0.8% | £634pcm |
| May 2011 | 3.9% | £630pcm |
| May 2010 | 0.5% | £606pcm |
| May 2009 | -8.5% | £603pcm |
| May 2008 | 0.6% | £659pcm |
| May 2007 | 0% | £655pcm |
The last sale was on 30th May 2014 for £95,000 and since then the market in the area has increased by 49.3%. The building has had a total of 3 sales since 1995.
Richards Court, Richards Close, Luton, LU1 5LN has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Richards Court, Richards Close, Luton, LU1 5LN is Luton station which is 1.8 kilometres away.
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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 Richards Court, Richards Close, Luton, LU1 5LN, 51.4% of property is socially rented and 22.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 Richards Court, Richards Close, Luton, LU1 5LN, 33.3% of residents are recorded as possessing school level qualifications and 25.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Richards Court, Richards Close, Luton, LU1 5LN, 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 Richards Court, Richards Close, Luton, LU1 5LN, 1.8% 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 Richards Court, Richards Close, Luton, LU1 5LN, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.