3 Cornel Court Cornel Close

    3 CORNEL COURT, CORNEL CLOSE, LUTON, LUTON, LU1 5SL

    This flat/maisonette leasehold property on Cornel Close last sold in February 2008 for £98,000. Based on price growth in the LU1 district since then, its estimated current value is £144,736 — placing it in the 11th percentile nationally and the 12th percentile within LU1. The property covers 53 m² (570 sq ft), giving an estimated value of £2,731 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £98,000

    Feb 2008

    Estimated Valuation

    £144,736

    Est. £/sq ft

    £254/sq ft

    £2,731/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area570 sq ft (53 m²)
    EPC dateJan 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Feb 2008

    £98,000

    31 Oct 2002

    £67,000

    Key Metrics

    Estimated valuation£144,736
    Value per sq ft / m²£254/sq ft (£2,731/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile12th percentile
    National percentile11th 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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