Flat 7, Cherrywood House 296-298
Flat 7, Cherrywood House 296-298
Description & Estimates
According to the public record, Flat 7, Cherrywood House 296-298, Luton is a period apartment with 215 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 7, Cherrywood House 296-298, Luton is £89,280 and the estimated rental value is £534 per month.
The apartment is within Cherrywood House, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 is located within the LU4 postal district.
Our Data Sources
Flat 7, 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
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 7, Cherrywood House 296-298, Luton is in very good condition we estimate a sale value of £93,744 and a rental value of £561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,031 and a rental value of £497 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, Cherrywood House 296-298, Luton has climbed by £1,073 (1.2%), while its estimated rental value has risen by £13 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Energy Efficiency
Flat 7, Cherrywood House 296-298, Luton has an Energy Performance Rating (EPC) of C. 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
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 440 metres of Flat 7, Cherrywood House 296-298, Luton over the last 2 years.
The most recent example is Flat 4, 292-294, Dunstable Road, Luton, LU4 8JW, a leasehold flat which sold for £122,500 on the 19th January 2024.
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.
More reading links
Location Comparison
Dunstable Road, Luton, LU4 has a total of 832 addresses. According to our analysis of all the public data, Flat 7, Cherrywood House 296-298, Luton is the 778th largest and the 780th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in LU4.
More reading links
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
The closest station to Flat 7, Cherrywood House 296-298, Luton is Luton station, which is 1.7 kilometres away.
- 1.7kmLuton
- 2.4kmLeagrave
- 3.3kmLuton Airport Parkway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
