Values have been changing and have risen £425 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,833 in last 6 months, £9,883 in last 1 year, £16,704 in last 2 years, £20,605 in last 3 years, £15,886 in last 4 years and £16,912 in last 5 years.
Currently average asking price of a property in Butlin Road, Luton, LU1 is around £268,524 based on approximately 7 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 Butlin Road, Luton, LU1 is £129,800. Average asking price is £268,524 while average price paid is £134,856 which is up by £9,883 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 Butlin Road, Luton, LU1 area. In last 1 year alone average price buyer paid is around £134,856 based on approximately 7 sales in Butlin Road, Luton, LU1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £128,299. 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 £122,168 for 21 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £121,605 per sale.