Flat 321, Cresta House
Flat 321, Cresta House
Description & Estimates
According to the public record, Flat 321, Cresta House, Luton is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 321, Cresta House, Luton is £156,360 and the estimated rental value is £899 per month.
The apartment is within Cresta House, Alma Street, Luton, LU1.
Alma Street, Luton, LU1 is located within the LU1 postal district.
Our Data Sources
Flat 321, Cresta House, Luton has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated January 2022.
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 321, Cresta House, Luton is in very good condition we estimate a sale value of £164,178 and a rental value of £944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,415 and a rental value of £836 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 321, Cresta House, Luton has grown by £1,190 (0.8%), while its estimated rental value has climbed by £24 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
Flat 321, Cresta House, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 321, Cresta House, Luton was last sold on 12th December 2022 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped by 16.5%.
- Sold Dec 2022£135,000
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 321, Cresta House, Luton within a radius of 310 metres over the last 2 years.
The most recent example is Flat 601, Cresta House, Alma Street, Luton, LU1 2ES, a leasehold flat which sold for £175,000 on the 9th December 2022.
Read more about house prices in LU1.
- Sold Dec 2022£175,000 | 1 Bed FlatCresta House, Alma StreetFlat 601, Cresta House, Alma Street, Luton, LU1 2ES
- Sold Mar 2021£120,987 | 1 Bed FlatGilmartins House 102, Collingdon StreetFlat 6, Gilmartins House 102, Collingdon Street, Luton, LU1 1RX
- Sold Mar 2021£125,222 | 1 Bed FlatGilmartins House 102, Collingdon StreetFlat 5, Gilmartins House 102, Collingdon Street, Luton, LU1 1RX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Alma Street, Luton, LU1 has a total of 156 addresses. According to our analysis of all the public data, Flat 321, Cresta House, Luton is the 92nd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in LU1.
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Schools Nearby
- 700mDallow Primary School
- 800mSt Matthew's Primary School
- 1.0kmHillborough Junior School
- 1.2kmDenbigh High School
- 1.5kmChiltern Academy
- 1.7kmThe Stockwood Park Academy
More reading links
Public Transport Nearby
The closest station to Flat 321, Cresta House, Luton is Luton station, which is 400 metres away.
- 400mLuton
- 1.8kmLuton Airport Parkway
- 3.8kmLeagrave
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
