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According to the public record, 8, Cromwell Hill, Luton is a period Leasehold apartment with 656 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 8, Cromwell Hill, Luton is £303,034 and the estimated rental value is £1,422 per month.
The apartment is within 8, Cromwell Hill, Luton, LU2.
Cromwell Hill, Luton, LU2 is located within the LU2 postal district.
8, Cromwell Hill, Luton has a single entry in the Land Registry from July 2007 and a single entry in the EPC database dated February 2022.
We combine this information with that 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 8, Cromwell Hill, Luton is in very good condition we estimate a sale value of £318,186 and a rental value of £1,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,822 and a rental value of £1,323 per month.
Over the last 12 months the sale value of 8 Cromwell Hill Luton has increased by an estimated £1,451 (0.5%) and its rental value has increased by an estimated £18 per month (1.3%), giving an expected gross yield of 5.6%.
8, Cromwell Hill, Luton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Cromwell Hill, Luton was last sold on 11th July 2007 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cromwell Hill, Luton within a radius of 370 metres over the last 2 years.
The most recent example is 67, Reginald Street, Luton, LU2 7QZ, a leasehold flat which sold for £60,000 on the 4th April 2009.
Read more about house prices in LU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromwell Hill, Luton, LU2 has a total of 59 addresses. According to our analysis of all the public data, 8, Cromwell Hill, Luton is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in LU2.
The closest station to 8, Cromwell Hill, Luton is Luton station which is 700 metres 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 8, Cromwell Hill, Luton, % 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 8, Cromwell Hill, Luton, 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 8, Cromwell Hill, 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 8, Cromwell Hill, Luton, 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.
