Houses for sale in Red Rails, LU1, Luton

There are 50 results for Red Rails, LU1, Luton. Property prices across these results range from £100k to £450k with an average price of £243k.


Properties for sale in Red Rails, LU1, Luton

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Properties for sale near Red Rails, LU1

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Property market around Red Rails

Average asking price £299k within 3 km · typical £250k
Most prices £99k – £1.56M within 3 km
Homes for sale 2 in Red Rails · 885 within 3 km
New to the market 203 in the last 30 days · within 3 km
Typical time to sell 12 weeks last 12 months · within 3 km
Asking prices, year on year −1.8% homes newly listed · within 3 km
Typical sold price £299k 548 sales in 12 months · within 3 km
Gross rental yield 6.0–7.5% houses 6.0%, flats 7.5% · within 3 km

What's for sale

885 homes within 3 km of Red Rails · share, count and typical price
Flats and apartments 53.3% 472 · £180k
Terraced houses 20.5% 181 · £290k
Semi-detached houses 11.4% 101 · £400k
Detached houses 7.7% 68 · £550k
Other homes 3.1% 27 · £310k
Park and mobile homes 2.1% 19 · £250k
Bungalows 1.5% 13 · £450k
Land and plots 0.5% 4 · £2.13M

How many bedrooms

within 3 km of Red Rails · share, count and typical price
Studio 3.0% 26 · £95k
1 bedroom 27.1% 236 · £150k
2 bedrooms 33.4% 291 · £240k
3 bedrooms 20.9% 182 · £330k
4 bedrooms 9.0% 78 · £500k
5+ bedrooms 6.7% 58 · £475k

Price bands

885 homes within 3 km of Red Rails
Under £160k 20.3% 180
£160k – £220k 19.9% 176
£220k – £300k 20.2% 179
£300k – £400k 20.2% 179
£400k and over 19.3% 171

Houses and flats compared

HousesFlats
Share of homes for sale41%53%
Typical asking price£350k£180k
Average bedrooms3.41.5
Typical time to sell11 weeks13 weeks
Typical sold price£320k£160k
Gross rental yield6.0%7.5%

Asking prices over time

typical asking price of the homes first listed each quarter within 3 km of Red Rails · −5.3% since 2024 Q4 Median asking price per quarter in Red Rails 2024 Q4: £285k (640 new listings) £285k 2024 Q4 2025 Q1: £278k (926 new listings) £278k 2025 Q1 2025 Q2: £275k (884 new listings) £275k 2025 Q2 2025 Q3: £260k (913 new listings) £260k 2025 Q3 2025 Q4: £260k (649 new listings) £260k 2025 Q4 2026 Q1: £280k (796 new listings) £280k 2026 Q1 2026 Q2: £265k (692 new listings) £265k 2026 Q2 2026 Q3: £270k (734 new listings) £270k 2026 Q3

Based on 885 homes for sale on Houses now, 2,850 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about buying in Red Rails

What is the average house price in Red Rails?

There are only 2 homes for sale in Red Rails itself, so these figures cover the 885 homes for sale within 3 km. The average home for sale within 3 km of Red Rails is priced at £299,000. A few very expensive homes pull that average up, so a more typical price is £250,000.

How much does a 2 or 3 bedroom home cost in Red Rails?

A typical 2-bedroom home within 3 km of Red Rails costs £240,000 and a 3-bedroom home £330,000. So the extra bedroom adds about £90,000. 1-bedroom homes start at around £150,000, and 4-bedroom homes are about £500,000.

What price range should I expect in Red Rails?

Most homes within 3 km of Red Rails are priced between £99,000 and £1.56 million, leaving out the very cheapest and most expensive. One in five costs less than £160,000, and one in five £400,000 or more.

How many homes are for sale in Red Rails?

There are 2 homes for sale in Red Rails on Houses right now. Within 3 km there are 885, and the listings on this page include the nearest of them. 203 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Red Rails?

Slightly down. Homes put up for sale within 3 km of Red Rails over the last 12 months were advertised at a typical £270,000, 1.8% lower than the year before (£275,000). By size, 2-bedroom homes are down 2%, 3-bedroom homes are down 3% and 4-bedroom homes are down 5%.

How long does it take to sell a home in Red Rails?

Within 3 km of Red Rails, homes usually sell or come off the market within about 12 weeks. About 23% go within the first month, and a quarter take longer than about 6 months. Houses go faster, in about 11 weeks against about 13 weeks for flats.

What do homes actually sell for in Red Rails?

In the year to July 2026, 548 homes sold within 3 km of Red Rails at a typical price of £299,000, according to HM Land Registry. Houses sold for about £320,000 and flats for about £160,000.

What rental yield can I get in Red Rails?

About 7.5% gross for flats and 6.0% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Red Rails over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Red Rails?

Flats and apartments are the most common, about half of homes for sale within 3 km of Red Rails. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £180,000, and detached houses the most expensive, at about £550,000.

Are homes in Red Rails freehold or leasehold?

About half of homes for sale within 3 km of Red Rails are freehold and the rest leasehold, which is mostly flats. There are 49 new-build homes on the market too.

Which train stations are in or near Red Rails?

Red Rails has no station of its own. The nearest are Luton and Luton Airport Parkway.