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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Richards CloseHouse Prices / East of England, Luton
Last updated May 2026
Key Street Insights
Richards Close is a residential street with 12 addresses.
It ranks as the 90th largest and 81st most expensive of the 374 streets in the LU1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 4 houses and 8 flats.
12
Properties
- Houses
- Flats
Key Street Insights
Richards Close is a residential street with 12 addresses.
It ranks as the 90th largest and 81st most expensive of the 374 streets in the LU1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 4 houses and 8 flats.
12
Properties
- Houses
- Flats
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House Priceson Richards Close
Sale prices range from £157,034 for 2 bedroom leasehold flats (559 ft2) to £382,021 for 4 bedroom freehold houses with a garden (1,442 ft2) .
Monthly rental prices range from £941 pcm for 2 bed flats to £1,765 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 7.2%.
The average value per square foot is £292.
Average Sale Value
£211,899
Average Rental Value
£1,169 pcm
Average Rental Yield
6.6% /year
Average Value Per Sqft
£292 /ft2
Sales Market Trendson Richards Close
The last sale on Richards Close sold for £300,000 on 20th March 2025. Since then prices are up an average of 1.1%.
The current average value in the street is £211,899.
The Richards Close Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £211,899 |
| April 2025 | 2.3% | £209,188 |
| April 2024 | -1.1% | £204,565 |
| April 2023 | 1.8% | £206,830 |
| April 2022 | 6.3% | £203,236 |
| April 2021 | 5.7% | £191,205 |
| April 2020 | 1.7% | £180,859 |
| April 2019 | -5.2% | £177,799 |
| April 2018 | 2.4% | £187,627 |
| April 2017 | 7.7% | £183,211 |
| April 2016 | 22.8% | £170,040 |
| April 2015 | 10.3% | £138,443 |
| April 2014 | 7% | £125,490 |
| April 2013 | 4.8% | £117,262 |
| April 2012 | 1.3% | £111,897 |
| April 2011 | 1.1% | £110,468 |
| April 2010 | 3.7% | £109,235 |
| April 2009 | -17.4% | £105,303 |
| April 2008 | -0.6% | £127,495 |
| April 2007 | 0% | £128,228 |
Rental Market Trendson Richards Close
The current average rental value in the street is £1,169.
The Richards Close Rental Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,169pcm |
| April 2025 | 1.9% | £1,149pcm |
| April 2024 | 9.2% | £1,128pcm |
| April 2023 | 14.3% | £1,033pcm |
| April 2022 | 8.8% | £904pcm |
| April 2021 | 2.2% | £830pcm |
| April 2020 | -1.2% | £812pcm |
| April 2019 | 1% | £822pcm |
| April 2018 | -3.1% | £814pcm |
| April 2017 | 4.2% | £840pcm |
| April 2016 | 8.3% | £807pcm |
| April 2015 | 8.5% | £745pcm |
| April 2014 | 2.7% | £686pcm |
| April 2013 | 3.2% | £668pcm |
| April 2012 | 2.6% | £647pcm |
| April 2011 | 1.7% | £631pcm |
| April 2010 | 3.3% | £621pcm |
| April 2009 | -7.3% | £601pcm |
| April 2008 | 2.2% | £649pcm |
| April 2007 | 0% | £635pcm |
Sales Historyon Richards Close, Luton, LU1
The last sale was on 20th March 2025 for £300,000 and since then the market in the area has increased by 1.1%. 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 HouseRichards Close2, Richards Close, Luton, LU1 5LL
Sold May 2014£95,000 | 2 Bed FlatRichards Close6 Richards Court, Richards Close, Luton, LU1 5LN
Sold Jun 2011£80,000 | 2 Bed FlatRichards Close6 Richards Court, Richards Close, Luton, LU1 5LN
Sold Apr 2005£125,500 | 3 Bed HouseRichards Close4, Richards Close, Luton, LU1 5LL
Sold Mar 2004£73,000 | 2 Bed FlatRichards Close5 Richards Court, Richards Close, Luton, LU1 5LN
Sold Jun 2003£120,000 | 3 Bed HouseRichards Close2, Richards Close, Luton, LU1 5LL
Sold Feb 2000£61,500 | 3 Bed HouseRichards Close2, Richards Close, Luton, LU1 5LL
Top 3 Most Expensive Saleson Richards Close, Luton, LU1
Nearby Streetsto Richards Close, Luton, LU1
Richards Close, Luton, LU1 is the 90th largest and the 81st most expensive street in the LU1 area.
- 54 mFriars Close, Luton, LU118 Addresses
- 60 mSouthdrift Way, Luton, LU180 Addresses
- 86 mSantingfield South, Luton, LU116 Addresses
- 147 mWhipperley Way, Luton, LU1188 Addresses
- 152 mFriars Way, Luton, LU115 Addresses
- 173 mOlyard Court, Luton, LU16 Addresses
Postcodeson Richards Close, Luton, LU1
There are 2 postcodes on Richards Close, Luton, LU1.
- House prices in LU1 5LL4 Addresses
- House prices in LU1 5LN8 Addresses
Property Typesin Richards Close
- 2 mid-century houses built between 1936 and 1979
- 10 other addresses of unknown type
- mid-century house (2)
- Unknown (10)
Energy Efficiencyof properties on Richards Close
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (6)
Schools Nearbyto Richards Close, Luton, LU1
The nearest primary school to Richards Close, Luton, LU1 is St Margaret of Scotland Catholic Primary School which is 249 metres away.
- 249mSt Margaret of Scotland Catholic Primary School
- 333mFarley Junior Academy
- 468mWhipperley Infant Academy
The nearest secondary school is The Stockwood Park Academy which is 383 metres away.
- 383mThe Stockwood Park Academy
- 2.2kmDenbigh High School
- 2.4kmChiltern Academy
More reading links
Public Transport Nearbyto Richards Close, Luton, LU1
The closest station to Richards Close, Luton, LU1 is Luton station which is 1.8 kilometres away.
- 1.8kmLuton
- 2.7kmLuton Airport Parkway
- 3.9kmLeagrave
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