Flat 5, Cherrywood House 296-298
Flat 5, Cherrywood House 296-298
Description & Estimates
The public record describes Flat 5, Cherrywood House 296-298, Luton as a period apartment with 312 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 5, Cherrywood House 296-298, Luton has an estimated sale value of £107,966 and an estimated rental value of £646 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cherrywood House, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 lies within the LU4 postal district.
Our Data Sources
Flat 5, 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
In very good condition, we estimate Flat 5, Cherrywood House 296-298, Luton would be worth £113,365, with a potential rental value of £679 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £100,409, with a rental value of £601 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, Cherrywood House 296-298, Luton has risen by £1,298 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £16 (2.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
Flat 5, 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.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 5, Cherrywood House 296-298, Luton across the last 2 years.
Most recently, Flat 1, 61, Leagrave Road, Luton, LU4 8HT, a leasehold flat, sold at £405,000 on the 14th March 2024.
Read more about house prices in LU4.
- Sold Mar 2024£405,000 | 1 Bed FlatFlat 1, 61, Leagrave Road, Luton, LU4 8HTFlat 1, 61, Leagrave Road, Luton, LU4 8HT
- Sold Jul 2022£106,000 | 1 Bed Flat76, Shaftesbury Road, Luton, LU4 8AN76, Shaftesbury Road, Luton, LU4 8AN
- Sold Feb 2016£80,000 | 1 Bed Flat41, Shaftesbury Road, Luton, LU4 8AN41, Shaftesbury Road, Luton, LU4 8AN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 5, Cherrywood House 296-298, Luton as the 764th largest and the 756th most expensive of the 832 addresses on Dunstable Road, Luton, LU4.
Against the LU4 postcode district average, it is £188k less expensive than the typical property.
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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
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Public Transport Nearby
Luton station is the nearest stop to Flat 5, Cherrywood House 296-298, Luton at 1.7 kilometres away.
- 1.7kmLuton
- 2.4kmLeagrave
- 3.3kmLuton Airport Parkway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
