40, Russell Rise, LU1 5EX
40 Russell Rise is a 105 m² terraced home in Luton. It sold for £275,000 in Jan 2024.
- Sale history
-
Date Paid price Annual growth After inflation Jan 2024 £275,000 * -17.4% -21.9% Dec 2020 £500,000 * 10.9% 9.4% Apr 2014 £250,000 0.8% -1.5% Aug 2011 £245,000 -2.9% -5.7% Jan 2007 £280,000 8.8% 6.9% Oct 2002 £195,000 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 105 square metres (1,130 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,619 per square metre (£243 per square foot) in Jan 2024. Indexed forward to today's value, this is roughly £2,662 per square metre (£247 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Jan 2024 £275,000 £2,619 £279,504 £2,662 Dec 2020 £500,000 £4,762 £569,840 £5,427 Apr 2014 £250,000 £2,381 £454,788 £4,331 Aug 2011 £245,000 £2,333 £475,273 £4,526 Jan 2007 £280,000 £2,667 £549,421 £5,233 Oct 2002 £195,000 £1,857 £538,114 £5,125 Calculated using the latest EPC internal area of 105 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £279,504. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Luton are now selling for between £3,040 and £3,920 per square metre (£282 and £364 per square foot). Based on an internal area of 105 m², this implies a valuation between £319,000 and £412,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 3
- Type
- Terrace
- Council tax band
- C
- Title number
- BD225364
- Tenure
- Freehold
- Title address
- 40 Russell Rise, Luton
- Owner
-
CHRIS & AJ HOMES LTD
(Company reference number: 14944385)
Proprietor address: Unit A, 123-135 Castle Street, Luton LU1 3AL
Price paid on title: £275,000
Ownership record added to Land Registry's corporate ownership dataset 20 Feb 2024
- History:
- Archived sales listing for 40 Russell Rise. Advertised on multiple portals. It was added on 18/02/2014. It last appeared May 2014.
- Photos:
-
There are 4 archived estate agent listing photos for 40 Russell Rise.
- Advertiser remarks:
-
- 6 bedrooms
- 3 bathrooms
- Planning ref:
- May 2025 25/00516/AMEND
- Type:
- Amendments or alterations arising from an existing or previous application
- Status:
- Decision has yet to be made
- Address:
- 40 Russell Rise Luton
- Description:
- Change of use of building containing two residential units into a building containing 4 two bedroom flats together with a three storey rear and second floor rear/side extensions, front dormer window and alterations to fenestration. - Non-Material Amendments to Planning Permission No. 24/01005/FUL dated 18th February 2025. (To split a duplex three bedroom flat into a two bedroom and a one bedroom flat).
- Planning ref:
- May 2012 11/01389/FUL
- Type:
- Full and householder planning application
- Status:
- Application approved
- Address:
- 40 Russell Rise Luton Bedfordshire
- Description:
- Extension to existing car park to create an additional 17 spaces (retrospective)
- Summary:
- 16 October 2020 - energy performance certificate grade D
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- End-Terrace House , has 5 habitable rooms. Estimated year built 1900 to 1929
- Area:
- 105 sqm (1,130 square foot) total internal area
- Comments:
- Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, no insulation (assumed). Heating: Boiler and radiators, mains gas.
- Summary:
- 21 December 2009 - energy performance certificate grade E
- Reason for EPC:
- None
- Tenure:
- Owner-occupied
- Property type:
- None , has 9 habitable rooms. Estimated year built 1900 to 1929
- Area:
- 145 sqm (1,561 square foot) total internal area
- Comments: