Flat 2, Cherrywood House 296-298
Flat 2, Cherrywood House 296-298
Description & Estimates
The public record describes Flat 2, Cherrywood House 296-298, Luton as a period apartment with 204 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, Cherrywood House 296-298, Luton has an estimated sale value of £86,969 and an estimated rental value of £521 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cherrywood House, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 lies within the LU4 postal district.
Our Data Sources
Flat 2, Cherrywood House 296-298, Luton has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Flat 2, Cherrywood House 296-298, Luton would be worth £91,318, with a potential rental value of £547 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £80,881, with a rental value of £484 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Cherrywood House 296-298, Luton has increased by £1,045 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (2.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
Flat 2, Cherrywood House 296-298, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 440 metres of Flat 2, Cherrywood House 296-298, Luton across the last 2 years.
Most recently, Flat 4, 292-294, Dunstable Road, Luton, LU4 8JW, a leasehold flat, sold at £122,500 on the 19th January 2024.
Read more about house prices in LU4.
- Sold Jan 2024£122,500 | 2 Bed Flat292-294, Dunstable RoadFlat 4, 292-294, Dunstable Road, Luton, LU4 8JW
- Sold Dec 2021£60,000 | 1 Bed Flat292-294, Dunstable RoadFlat 10, 292-294, Dunstable Road, Luton, LU4 8JW
- Sold May 2021£70,000 | 3 Bed Flat292-294, Dunstable RoadFlat 9, 292-294, Dunstable Road, Luton, LU4 8JW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, Cherrywood House 296-298, Luton as the 780th largest and the 782nd most expensive of the 832 addresses on Dunstable Road, Luton, LU4.
Against the LU4 postcode district average, it is £209k less expensive than the typical property.
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Schools Nearby
- 400mBeech Hill Community Primary School
- 400mMaidenhall Primary School
- 700mDenbigh Primary School
- 900mDenbigh High School
- 2.1kmThe Stockwood Park Academy
- 2.2kmChallney High School for Boys
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Public Transport Nearby
Luton station is the nearest stop to Flat 2, Cherrywood House 296-298, Luton at 1.7 kilometres away.
- 1.7kmLuton
- 2.4kmLeagrave
- 3.3kmLuton Airport Parkway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
