Flat 18, Park Crescent 56
Flat 18, Park Crescent 56
Description & Estimates
According to the public record, Flat 18, Park Crescent 56, Luton is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 18, Park Crescent 56, Luton is £194,597 and the estimated rental value is £1,110 per month.
The apartment is within Park Crescent, Park Street, Luton, LU1.
Park Street, Luton, LU1 is located within the LU1 postal district.
Our Data Sources
Flat 18, Park Crescent 56, Luton has a single entry in the Land Registry from February 2018 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
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 Flat 18, Park Crescent 56, Luton is in very good condition we estimate a sale value of £204,326 and a rental value of £1,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,975 and a rental value of £1,033 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 18, Park Crescent 56, Luton has risen by £1,124 (0.6%), while its estimated rental value has moved up by £26 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
Flat 18, 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
According to HM Land Registry, Flat 18, Park Crescent 56, Luton was last sold on 7th February 2018 for £186,262 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has dropped by 27.6%.
- Sold Feb 2018£186,262
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Park Crescent 56, Luton within a radius of 350 metres over the last 2 years.
The most recent example is Flat 30, Park Crescent 56, Park Street, Luton, LU1 3FU, a leasehold flat which sold for £132,500 on the 11th June 2020.
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 Apr 2018£191,724 | 1 Bed FlatPark Crescent 56, Park StreetFlat 14, 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
Park Street, Luton, LU1 has a total of 382 addresses. According to our analysis of all the public data, Flat 18, Park Crescent 56, Luton is the 250th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in LU1.
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
The closest station to Flat 18, Park Crescent 56, Luton is Luton station, which is 600 metres away.
- 600mLuton
- 1.1kmLuton Airport Parkway
- 4.5kmLeagrave
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
