8 Cherry Gate Gardens

    8, CHERRY GATE GARDENS, LUTON, LU1 3FZ

    This detached freehold property on Cherry Gate Gardens last sold in November 2018 for £595,000. Based on price growth in the LU1 district since then, its estimated current value is £640,135 — placing it in the 88th percentile nationally and the 97th percentile within LU1. The property covers 205 m² (2,207 sq ft), giving an estimated value of £3,123 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,207 sq ft

    205 m²

    Last Sale Price

    £595,000

    Nov 2018

    Estimated Valuation

    £640,135

    Est. £/sq ft

    £290/sq ft

    £3,123/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,207 sq ft (205 m²)
    EPC dateApr 2018
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Nov 2018

    £595,000

    Key Metrics

    Estimated valuation£640,135
    Value per sq ft / m²£290/sq ft (£3,123/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile97th percentile
    National percentile88th 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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