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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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According to the public record, Flat 33, Park Crescent 56, Luton is a modern leasehold apartment with 376 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 33, Park Crescent 56, Luton is £183,224 and the estimated rental value is £1,051 per month.
The apartment is within Park Crescent, Park Street, Luton, LU1.
Park Street, Luton, LU1 is located within the LU1 postal district.
Flat 33, 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.
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 33, Park Crescent 56, Luton is in very good condition we estimate a sale value of £192,385 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,398 and a rental value of £978 per month.
Over the past 12 months, the estimated sale value of Flat 33, Park Crescent 56, Luton has increased by £1,059 (0.6%), while its estimated rental value has grown by £25 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Flat 33, 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.
According to HM Land Registry, Flat 33, Park Crescent 56, Luton was last sold on 31st August 2017 for £172,654 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has dropped by 27.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 33, Park Crescent 56, Luton within a radius of 350 metres over the last 2 years.
The most recent example is Flat 21, Park Crescent 56, Park Street, Luton, LU1 3FU, a leasehold flat which sold for £150,000 on the 3rd September 2018.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Street, Luton, LU1 has a total of 382 addresses. According to our analysis of all the public data, Flat 33, Park Crescent 56, Luton is the 268th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in LU1.
The closest station to Flat 33, Park Crescent 56, Luton is Luton station, which is 600 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 33, 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 33, 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 33, 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 33, 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.
