According to the public record, Flat 1, 37, Stockwood Crescent, Luton is a period leasehold apartment and with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 37, Stockwood Crescent, Luton, LU1.
Stockwood Crescent, Luton, LU1 is located within the LU1 postal district.
Flat 1, 37, Stockwood Crescent, Luton has 41 entries in the Land Registry database, most recently in March 2023 and 2 entries in the EPC database, most recently in March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 37 Stockwood Crescent Luton as £127,628 and the rental value as £801 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 1 37 Stockwood Crescent Luton has decreased by £1,181 (0.9%) and its rental value has increased by £46 per month (5.7%).
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 1, 37, Stockwood Crescent, Luton is in very good condition we estimate a sale value of £134,010 and rental value of £841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,694 and a rental value of £745 per month.
If you were able to purchase this property for the estimated value of £127,628, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £627 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 1, 37, Stockwood Crescent, Luton was last sold on 27 Mar 2023 for £130,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 37, Stockwood Crescent, Luton within a radius of 172m over the last 2 years.
The most recent example is Flat 8, The Compasses 11, Farley Hill, Luton, LU1 5EE, a Leasehold flat which sold for £140,000 in Dec 2018.
Read more about house prices in LU1.
Stockwood Crescent, Luton, LU1 has a total of 111 addresses. According to our analysis of all the public data, Flat 1, 37, Stockwood Crescent, Luton is the 74th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in LU1.
Flat 1, 37, Stockwood Crescent, Luton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 37, Stockwood Crescent, Luton is Luton station which is 1.1 km 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 1, 37, Stockwood Crescent, Luton, 68.0% of property is privately rented and 21.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, 37, Stockwood Crescent, Luton, 17.3% of residents are recorded as possessing school level qualifications and 41.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 37, Stockwood Crescent, Luton, the average age was 33.3 and the most common age was 32.
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 1, 37, Stockwood Crescent, Luton, 0.3% 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 1, 37, Stockwood Crescent, Luton, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.