Flat 5 Park Crescent, 56 Park Street

    FLAT 5 PARK CRESCENT, 56, PARK STREET, LUTON, LU1 3FU

    This flat/maisonette leasehold property on Park Street last sold in September 2017 for £192,040. Based on price growth in the LU1 district since then, its estimated current value is £268,304 — placing it in the 42nd percentile nationally and the 47th percentile within LU1. The property covers 40 m² (431 sq ft), giving an estimated value of £6,708 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £192,040

    Sept 2017

    Estimated Valuation

    £268,304

    Est. £/sq ft

    £623/sq ft

    £6,708/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateJun 2017
    WallsAverage thermal transmittance 0.25 W/m
    HeatingRoom heaters, electric

    Transaction History

    6 Sept 2017

    New build

    £192,040

    Key Metrics

    Estimated valuation£268,304
    Value per sq ft / m²£623/sq ft (£6,708/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile47th percentile
    National percentile42nd percentile

    District Context — LU1

    LU1 covers Luton town centre and its immediate surroundings in Bedfordshire, positioned north of London on the main transport corridor. It is a densely populated urban area with a diverse, younger demographic and a strong private rental market.

    Average Property Price - LU1

    £321,141

    49

    National percentile

    Average Net Household Income - LU1

    £19,025

    2

    National percentile

    10-Year Annualised Price Growth - LU1

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU1

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