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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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Flat 35, Park Crescent 56, Luton is recorded publicly as a modern leasehold apartment across 376 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 35, Park Crescent 56, Luton is £183,224 and its rental estimate is £1,051 per month, given the available information and assuming reasonable condition.
Park Crescent, Park Street is a residential building on Park Street, Luton, LU1 and falls within the LU1 postal district.
Flat 35, Park Crescent 56, Luton has a single entry in the Land Registry from March 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 35, Park Crescent 56, Luton, we estimate a market value of £192,385 and a rental value of £1,104 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,398 and £978 per month respectively.
Over the last year, Flat 35, Park Crescent 56, Luton has seen its estimated sale value climb by £1,059 (0.6%) and its estimated rental value rise by £25 per month (2.4%). This results in an estimated gross rental yield of 6.9%.
Flat 35, 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.
The most recent sale of Flat 35, Park Crescent 56, Luton completed on 15th March 2018 at £178,126 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 27.7% over the period since March 2018.
Over the past 2 years 3 properties similar to Flat 35, Park Crescent 56, Luton have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd September 2018, was Flat 21, Park Crescent 56, Park Street, Luton, LU1 3FU, a leasehold flat which sold for £150,000.
Read more about house prices in LU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 382 addresses on Park Street, Luton, LU1, Flat 35, Park Crescent 56, Luton comes out as the 267th largest and the 151st most expensive in our analysis of the public data.
It is also £88k less expensive than the average property across the LU1 district.
From Flat 35, Park Crescent 56, Luton, the nearest station is Luton, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 35, 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 35, 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 35, 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 35, 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.
