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Cherry Tree Mews Hitchin Road is a residential building situated on Hitchin Road, Luton, LU2 with 4 addresses.
It ranks as the 370th largest and 317th most expensive of the 589 buildings in the LU2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
Cherry Tree Mews Hitchin Road is a residential building situated on Hitchin Road, Luton, LU2 with 4 addresses.
It ranks as the 370th largest and 317th most expensive of the 589 buildings in the LU2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £172,681 for 2 bedroom leasehold flats (538 ft2) to £211,521 for 2 bedroom leasehold houses with a garden (527 ft2) .
Monthly rental prices range from £940 pcm for 2 bed flats to £1,112 pcm for 2 bed houses.
The gross rental yield is between 6.3% and 6.5%.
The average value per square foot is £321.
The last sale in Cherry Tree Mews Hitchin Road sold for £380,000 on 9th October 2020. Since then prices are down an average of 0.0%.
The current average value in the building is £182,391.
The Cherry Tree Mews Hitchin Road Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.4% | £182,391 |
| May 2025 | 2.3% | £181,638 |
| May 2024 | -1.6% | £177,583 |
| May 2023 | -0.3% | £180,522 |
| May 2022 | 11.2% | £181,086 |
| May 2021 | 4.7% | £162,823 |
| May 2020 | -0.3% | £155,454 |
| May 2019 | -3.7% | £155,913 |
| May 2018 | 1.7% | £161,879 |
| May 2017 | 5.7% | £159,106 |
| May 2016 | 20.6% | £150,570 |
| May 2015 | 14% | £124,814 |
| May 2014 | 8.7% | £109,502 |
| May 2013 | 0.7% | £100,780 |
| May 2012 | 0.2% | £100,126 |
| May 2011 | -0.3% | £99,926 |
| May 2010 | 4.1% | £100,273 |
| May 2009 | -13.7% | £96,308 |
| May 2008 | -1.2% | £111,579 |
| May 2007 | 0% | £112,895 |
The current average rental value in the building is £983.
The Cherry Tree Mews Hitchin Road Rental Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £983pcm |
| May 2025 | 2.7% | £962pcm |
| May 2024 | 9.6% | £937pcm |
| May 2023 | 13.9% | £855pcm |
| May 2022 | 7.1% | £751pcm |
| May 2021 | 3.5% | £701pcm |
| May 2020 | 1.1% | £677pcm |
| May 2019 | -1% | £670pcm |
| May 2018 | -2.5% | £677pcm |
| May 2017 | 2.8% | £694pcm |
| May 2016 | 9.3% | £675pcm |
| May 2015 | 9% | £618pcm |
| May 2014 | 4.2% | £567pcm |
| May 2013 | 0.7% | £544pcm |
| May 2012 | 2.6% | £540pcm |
| May 2011 | 4% | £526pcm |
| May 2010 | 1.4% | £506pcm |
| May 2009 | -6.5% | £499pcm |
| May 2008 | 2.2% | £534pcm |
| May 2007 | 0% | £522pcm |
The last sale was on 9th October 2020 for £380,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
Cherry Tree Mews, Hitchin Road, Luton, LU2 0EX has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Cherry Tree Mews, Hitchin Road, Luton, LU2 0EX is Luton station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Cherry Tree Mews, Hitchin Road, Luton, LU2 0EX, % of property is and % is .
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 Cherry Tree Mews, Hitchin Road, Luton, LU2 0EX, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Cherry Tree Mews, Hitchin Road, Luton, LU2 0EX, 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 Cherry Tree Mews, Hitchin Road, Luton, LU2 0EX, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.