Bailey Street, Luton, LU1 Street Guide UK

Property Prices Breakdown in Bailey Street, Luton, LU1

Average Price for property in Bailey Street, Luton, LU1 is around £74,423 e.g. average price for a flat is around 74,423. Values have been changing and have risen £242 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,043 in last 6 months, £5,617 in last 1 year, £9,498 in last 2 years, £11,717 in last 3 years, £9,039 in last 4 years and £9,623 in last 5 years.

Currently average asking price of a property in Bailey Street, Luton, LU1 is around £268,524 based on approximately 1 properties for sale. Same is the case with rental options based on 243 properties up for rent, average asking rent is around £1,371 per month.

Estimated property value in Bailey Street, Luton, LU1 is £74,423. Average asking price is £268,524 while average price paid is £70,000 which is up by £5,617 and Avg. asking rent £1,371.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bailey Street, Luton, LU1 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Bailey Street, Luton, LU1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £64,500. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £61,625 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £62,333 per sale.

Kitchen

Bedroom

Bathroom

Living Room

Dining Room

Family Room

Drawing Room

Garden

House Front

Front Lawn

Attic Space

Backyard

Balcony

Basement

Conservatory/Sun room

Corridor

Door

Drawing/Blue print

En-Suite

Entry/Entrance

Fireplace

Garage/Shed

Gym

Hall

Home Bar

Home Office

Interior Decor

Kids Room

Landing

Laundry

Mirror

Misc

Neighbourhood

Outdoor Landscaping

Outside Look

Parking

Pools & Sport

Rear Elevation

Rooftop

Staircase

Storage/Closet

Study Room

Swimming pool

Utility Room

Wardrobe

Water View

Window

Wine Cellar

Work Room

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £95,000, £206,488 for a 2 bedroom house, £212,056 for a 3 bedroom house, £395,516 for a 4 bedroom house and £314,286 for a 5 bedroom house. For a flat similarly the prices varies from £92,274 for a single bedroom to £111,659 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in Bailey Street, Luton, LU1 it comes to around average £92,388 for 1 bedroom property, £146,142 for 2 bedroom, £212,775 for 3 bedroom, £395,516 for 4 bedroom and £314,286 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £697 for 1 bedroom to £734 for 2 bedrooms, £949 for 3 bedrooms, £999 for 4 bedrooms and £1,898 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £586. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £694, £802 for 3 bedroom, £1,001 for 4 bedroom and around £433 for 5 bedroom flat. You should be generally be expecting around average £602 rent per month for single bedroom property, £726 for 2 bedroom, £939 for 3 bedroom, £999 for 4 bedroom and approximately £1,166 for a 5 bedroom property in Bailey Street, Luton, LU1 area.