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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Flat 22, Park Crescent 56, Luton to be a modern leasehold apartment with 322 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 22, Park Crescent 56, Luton has an estimated sale value of £168,473 and an estimated rental value of £973 per month, assuming reasonable condition and based on the information available.
The apartment sits within Park Crescent, Park Street, Luton, LU1.
Park Street, Luton, LU1 lies within the LU1 postal district.
Flat 22, 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.
In very good condition, we estimate Flat 22, Park Crescent 56, Luton would be worth £176,896, with a potential rental value of £1,022 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £156,680, with a rental value of £905 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 22, Park Crescent 56, Luton has risen by £973 (0.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £23 (2.4%). The property's estimated gross yield is currently 6.9%.
Flat 22, Park Crescent 56, Luton has an Energy Performance Rating (EPC) of D. 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.
Flat 22, Park Crescent 56, Luton last changed hands on 31st August 2017, selling for £148,626. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 27.8% since August 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of Flat 22, Park Crescent 56, Luton across the last 2 years.
Most recently, Flat 77, The Landmark, Flowers Way, Luton, LU1 3GB, a leasehold flat, sold at £172,500 on the 9th November 2020.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 22, Park Crescent 56, Luton as the 292nd largest and the 162nd most expensive of the 382 addresses on Park Street, Luton, LU1.
Against the LU1 postcode district average, it is £103k less expensive than the typical property.
Luton station is the nearest stop to Flat 22, Park Crescent 56, Luton at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 22, Park Crescent 56, 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 Flat 22, Park Crescent 56, 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 Flat 22, Park Crescent 56, 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 Flat 22, Park Crescent 56, 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.
