1 Cherry Gate Gardens

    1, CHERRY GATE GARDENS, LUTON, LU1 3FZ

    This detached freehold property on Cherry Gate Gardens last sold in July 2021 for £610,000. Based on price growth in the LU1 district since then, its estimated current value is £590,378 — placing it in the 85th percentile nationally and the 95th percentile within LU1. The property covers 187 m² (2,013 sq ft), giving an estimated value of £3,157 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,013 sq ft

    187 m²

    Last Sale Price

    £610,000

    Jul 2021

    Estimated Valuation

    £590,378

    Est. £/sq ft

    £293/sq ft

    £3,157/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area2,013 sq ft (187 m²)
    EPC dateJul 2017
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jul 2021

    £610,000

    14 Dec 2017

    £575,000

    Key Metrics

    Estimated valuation£590,378
    Value per sq ft / m²£293/sq ft (£3,157/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile95th percentile
    National percentile85th 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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