Flat 4, Cherrywood House 296-298
Flat 4, Cherrywood House 296-298
Description & Estimates
Flat 4, Cherrywood House 296-298, Luton is described in the public record as a period apartment with 226 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, Cherrywood House 296-298, Luton is £91,536 and its rental estimate is £548 per month, given the available information and assuming reasonable condition.
Cherrywood House, Dunstable Road is a residential building on Dunstable Road, Luton, LU4 and falls within the LU4 postal district.
Our Data Sources
Flat 4, 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
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 4, Cherrywood House 296-298, Luton, we estimate a market value of £96,112 and a rental value of £575 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £85,128 and £510 per month respectively.
Recent Market Change
Over the last year, Flat 4, Cherrywood House 296-298, Luton has seen its estimated sale value grow by £1,100 (1.2%) and its estimated rental value climb by £13 per month (2.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 4, Cherrywood House 296-298, Luton has an Energy Performance Rating (EPC) of D. 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
Over the past 2 years 3 properties have sold within 440 metres of Flat 4, Cherrywood House 296-298, Luton, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2024, was Flat 4, 292-294, Dunstable Road, Luton, LU4 8JW, a leasehold flat which sold for £122,500.
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
Of the 832 addresses on Dunstable Road, Luton, LU4, Flat 4, Cherrywood House 296-298, Luton comes out as the 776th largest and the 778th most expensive in our analysis of the public data.
It is also £205k less expensive than the average property across the LU4 district.
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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
More reading links
Public Transport Nearby
From Flat 4, Cherrywood House 296-298, Luton, the nearest station is Luton, 1.7 kilometres away.
- 1.7kmLuton
- 2.4kmLeagrave
- 3.3kmLuton Airport Parkway
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
