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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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According to the public record, 8B, Russell Street, Luton is a period apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8B, Russell Street, Luton is £137,324 and the estimated rental value is £986 per month.
The apartment is within 8, Russell Street, Luton, LU1.
Russell Street, Luton, LU1 is located within the LU1 postal district.
8B, Russell Street, Luton has no records in the the Land Registry and a single entry in the EPC database dated August 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8B, Russell Street, Luton is in very good condition we estimate a sale value of £144,190 and a rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,711 and a rental value of £917 per month.
Over the last 12 months the sale value of 8B Russell Street Luton has decreased by an estimated £662 (0.5%) and its rental value has increased by an estimated £11 per month (1.1%), giving an expected gross yield of 8.6%.
8B, Russell Street, Luton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8B, Russell Street, Luton within a radius of 290 metres over the last 2 years.
The most recent example is 38, Windsor Street, Luton, LU1 5DT, a leasehold flat which sold for £99,000 on the 6th December 2023.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Street, Luton, LU1 has a total of 107 addresses. According to our analysis of all the public data, 8B, Russell Street, Luton is the 46th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in LU1.
The closest station to 8B, Russell Street, Luton is Luton station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 8B, Russell Street, Luton, 67.9% of property is privately rented and 16.0% 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 8B, Russell Street, Luton, 32.3% of residents are recorded as possessing school level qualifications and 41.7% 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 8B, Russell Street, Luton, the average age was 33.3 and the most common age was 32.
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 8B, Russell Street, Luton, 0.0% 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 8B, Russell Street, Luton, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
