Flat 511, Cresta House
Flat 511, Cresta House
Description & Estimates
Flat 511, Cresta House, Luton is described in the public record as a modern apartment with 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 511, Cresta House, Luton is £197,064 and its rental estimate is £1,140 per month, given the available information and assuming reasonable condition.
Cresta House, Alma Street is a residential building on Alma Street, Luton, LU1 and falls within the LU1 postal district.
Our Data Sources
Flat 511, Cresta House, Luton has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data 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
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 511, Cresta House, Luton, we estimate a market value of £206,918 and a rental value of £1,197 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £183,270 and £1,061 per month respectively.
Recent Market Change
Over the last year, Flat 511, Cresta House, Luton has seen its estimated sale value decrease by £621 (0.3%) and its estimated rental value grow by £19 per month (1.7%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 511, Cresta House, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 511, Cresta House, Luton have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th March 2023, was Flat 416, Cresta House, Alma Street, Luton, LU1 2ES, a leasehold flat which sold for £125,000.
Read more about house prices in LU1.
- Sold Mar 2023£125,000 | 2 Bed FlatCresta House, Alma StreetFlat 416, Cresta House, Alma Street, Luton, LU1 2ES
- Sold Mar 2023£125,000 | 2 Bed FlatCresta House, Alma StreetFlat 202, Cresta House, Alma Street, Luton, LU1 2EQ
- Sold Dec 2022£205,000 | 2 Bed FlatCresta House, Alma StreetFlat 512, Cresta House, Alma Street, Luton, LU1 2ES
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 156 addresses on Alma Street, Luton, LU1, Flat 511, Cresta House, Luton comes out as the 42nd largest and the 30th most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the LU1 district.
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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
From Flat 511, Cresta House, Luton, the nearest station is Luton, 400 metres away.
- 400mLuton
- 1.8kmLuton Airport Parkway
- 3.8kmLeagrave
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
