Key Street Insights
Richards Close is a residential street with 12 addresses.
It ranks as the 90th largest and 55th most expensive of the 374 streets in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 12 properties: 4 houses and 8 flats.
- Ave. Sale Price
- £206,224
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £1,199pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Street Insights
Richards Close is a residential street with 12 addresses.
It ranks as the 90th largest and 55th most expensive of the 374 streets in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 12 properties: 4 houses and 8 flats.
- Ave. Sale Price
- £206,224
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £1,199pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertieson Richards Close, Luton, LU1
- Richards Court
Mid-century Building | 8 Units
- 1 Richards Close
3 Bed Mid-century House
- 2 Richards Close
3 Bed Mid-century House
- 3 Richards Close
4 Bed Mid-century House
- 4 Richards Close
House
Sales Market Trends
The last sale on Richards Close sold for £300,000 on 20th March 2025. Since then prices are down an average of 1.0%.
The current average value in the street is £206,224.
The Richards Close Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £206,224 |
| June 2025 | 2.3% | £208,163 |
| June 2024 | -0.5% | £203,425 |
| June 2023 | -0.5% | £204,501 |
| June 2022 | 7.9% | £205,540 |
| June 2021 | 4.6% | £190,556 |
| June 2020 | 3.2% | £182,166 |
| June 2019 | -5.4% | £176,519 |
| June 2018 | 1.3% | £186,517 |
| June 2017 | 5.8% | £184,064 |
| June 2016 | 23.5% | £173,925 |
| June 2015 | 11.2% | £140,867 |
| June 2014 | 6.5% | £126,674 |
| June 2013 | 4.6% | £118,941 |
| June 2012 | 0.9% | £113,707 |
| June 2011 | 1.4% | £112,737 |
| June 2010 | 7.5% | £111,128 |
| June 2009 | -16.5% | £103,413 |
| June 2008 | -4.6% | £123,854 |
| June 2007 | 0% | £129,892 |
Rental Market Trends
The current average rental value in the street is £1,199.
The Richards Close Rental Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,199pcm |
| June 2025 | 2% | £1,173pcm |
| June 2024 | 6.8% | £1,151pcm |
| June 2023 | 17.2% | £1,078pcm |
| June 2022 | 8.7% | £920pcm |
| June 2021 | 3.1% | £846pcm |
| June 2020 | -1.1% | £821pcm |
| June 2019 | 1.3% | £830pcm |
| June 2018 | -2.9% | £819pcm |
| June 2017 | 2% | £843pcm |
| June 2016 | 6.9% | £827pcm |
| June 2015 | 10% | £773pcm |
| June 2014 | 4.5% | £703pcm |
| June 2013 | 1.5% | £673pcm |
| June 2012 | 1.7% | £663pcm |
| June 2011 | 4% | £653pcm |
| June 2010 | 4% | £628pcm |
| June 2009 | -7.1% | £603pcm |
| June 2008 | 0.5% | £650pcm |
| June 2007 | 0% | £647pcm |
Sales History
The last sale was on 20th March 2025 for £300,000 and since then the market in the area has decreased by 1.0%. The street has had a total of 7 sales since 1995.
Richards Close, Luton, LU1 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£300,000 | 3 Bed House2, Richards Close, Luton, LU1 5LL2, Richards Close, Luton, LU1 5LL
- Sold May 2014£95,000 | 2 Bed Flat6 Richards Court, Richards Close, Luton, LU1 5LN6 Richards Court, Richards Close, Luton, LU1 5LN
- Sold Jun 2011£80,000 | 2 Bed Flat6 Richards Court, Richards Close, Luton, LU1 5LN6 Richards Court, Richards Close, Luton, LU1 5LN
- Sold Apr 2005£125,500 | 3 Bed House4, Richards Close, Luton, LU1 5LL4, Richards Close, Luton, LU1 5LL
- Sold Mar 2004£73,000 | 2 Bed Flat5 Richards Court, Richards Close, Luton, LU1 5LN5 Richards Court, Richards Close, Luton, LU1 5LN
Top 3 Most Expensive Sales
- Sold Mar 2025£300,000 | 3 Bed House2, Richards Close, Luton, LU1 5LL2, Richards Close, Luton, LU1 5LL
- Sold Apr 2005£125,500 | 3 Bed House4, Richards Close, Luton, LU1 5LL4, Richards Close, Luton, LU1 5LL
- Sold Jun 2003£120,000 | 3 Bed House2, Richards Close, Luton, LU1 5LL2, Richards Close, Luton, LU1 5LL
Nearby Streets
Richards Close, Luton, LU1 is the 90th largest and the 55th most expensive street in the LU1 area.
- Friars Close, Luton, LU118 Addresses|54 m away
- Southdrift Way, Luton, LU180 Addresses|65 m away
- Santingfield South, Luton, LU116 Addresses|86 m away
- Whipperley Way, Luton, LU1188 Addresses|147 m away
- Friars Way, Luton, LU115 Addresses|152 m away
- Olyard Court, Luton, LU16 Addresses|173 m away
Sections of this street
There are 2 postcodes on Richards Close, Luton, LU1.
- House prices in LU1 5LL4 Addresses
- House prices in LU1 5LN8 Addresses
Property Types
- 3 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (3)
- mid-century flat (8)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (6)
- G (0)
- D (1)
- No EPC (3)
Schools Nearby
- St Margaret of Scotland Catholic Primary School200 m away
- Farley Junior Academy300 m away
- Whipperley Infant Academy500 m away
- The Stockwood Park Academy400 m away
- Denbigh High School2.2 km away
- Chiltern Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to Richards Close, Luton, LU1 is Luton station, which is 1.8 kilometres away.
- Luton|1.8 km away
- Luton Airport Parkway|2.7 km away
- Leagrave|3.9 km away
