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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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According to the public record, Flat 8, Cherry Trees 300, Luton is a modern apartment with 441 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 8, Cherry Trees 300, Luton is £132,651 and the estimated rental value is £813 per month.
The apartment is within Cherry Trees, Dunstable Road, Luton, LU4.
Dunstable Road, Luton, LU4 is located within the LU4 postal district.
Flat 8, Cherry Trees 300, Luton has no records in the the Land Registry and a single entry in the EPC database dated July 2016.
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.
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 8, Cherry Trees 300, Luton is in very good condition we estimate a sale value of £139,284 and a rental value of £853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,366 and a rental value of £756 per month.
Over the last 12 months the sale value of Flat 8 Cherry Trees 300 Luton has increased by an estimated £3,729 (2.8%) and its rental value has increased by an estimated £18 per month (2.2%), giving an expected gross yield of 7.4%.
Flat 8, Cherry Trees 300, Luton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Cherry Trees 300, Luton within a radius of 440 metres over the last 2 years.
The most recent example is 56, The Ridings, Luton, LU3 1BY, a leasehold flat which sold for £92,500 on the 8th February 2024.
Read more about house prices in LU4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dunstable Road, Luton, LU4 has a total of 834 addresses. According to our analysis of all the public data, Flat 8, Cherry Trees 300, Luton is the 682nd largest and the 665th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in LU4.
The closest station to Flat 8, Cherry Trees 300, Luton is Luton station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Cherry Trees 300, Luton, 34.0% of property is privately owned with a mortgage and 29.2% is privately owned outright.
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 8, Cherry Trees 300, Luton, 32.8% of residents are recorded as possessing school level qualifications and 20.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 8, Cherry Trees 300, Luton, the average age was 31.3 and the most common age was 12.
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 8, Cherry Trees 300, Luton, 0.2% 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 8, Cherry Trees 300, Luton, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
