Flat 16, Park Crescent 56
Flat 16, Park Crescent 56
Description & Estimates
Flat 16, Park Crescent 56, Luton is recorded publicly as a modern leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 16, Park Crescent 56, Luton is £197,395 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Park Crescent, Park Street is a residential building on Park Street, Luton, LU1 and falls within the LU1 postal district.
Our Data Sources
Flat 16, Park Crescent 56, Luton has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 16, Park Crescent 56, Luton, we estimate a market value of £207,265 and a rental value of £1,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £183,577 and £1,046 per month respectively.
Recent Market Change
Over the last year, Flat 16, Park Crescent 56, Luton has seen its estimated sale value grow by £1,140 (0.6%) and its estimated rental value climb by £27 per month (2.4%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Flat 16, Park Crescent 56, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 16, Park Crescent 56, Luton completed on 31st August 2017 at £196,177 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 27.8% over the period since August 2017.
- Sold Aug 2017£196,177
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 16, Park Crescent 56, Luton have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th June 2020, was Flat 30, Park Crescent 56, Park Street, Luton, LU1 3FU, a leasehold flat which sold for £132,500.
Read more about house prices in LU1.
- Sold Jun 2020£132,500 | 1 Bed FlatPark Crescent 56, Park StreetFlat 30, Park Crescent 56, Park Street, Luton, LU1 3FU
- Sold Sep 2019£178,000 | 1 Bed FlatPark Crescent 56, Park StreetFlat 13, Park Crescent 56, Park Street, Luton, LU1 3FU
- Sold Sep 2017£192,040 | 1 Bed FlatPark Crescent 56, Park StreetFlat 5, Park Crescent 56, Park Street, Luton, LU1 3FU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 382 addresses on Park Street, Luton, LU1, Flat 16, Park Crescent 56, Luton comes out as the 241st largest and the 131st most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the LU1 district.
More reading links
Schools Nearby
- 700mThe Linden Academy
- 800mTennyson Road Primary School
- 1.0kmCutenhoe Hill Primary School ( Formerly Surrey Street)
- 800mChiltern Academy
- 1.9kmDenbigh High School
- 1.9kmThe Stockwood Park Academy
More reading links
Public Transport Nearby
From Flat 16, Park Crescent 56, Luton, the nearest station is Luton, 600 metres away.
- 600mLuton
- 1.1kmLuton Airport Parkway
- 4.5kmLeagrave
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
