Average Price for property in Downs Road, Luton, LU1 is around £133,046 which varies based on type of property you are interested in and ranges from £385,859 for detached house to around £235,449 for semi-detached. Similarly terraced house is around £187,716 and a flat is worth £107,184. Values have been changing and have risen £397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,710 in last 6 months, £9,219 in last 1 year, £15,582 in last 2 years, £19,222 in last 3 years, £14,820 in last 4 years and £15,778 in last 5 years.
Currently average asking price of a property in Downs Road, Luton, LU1 is around £268,524 based on approximately 2 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 Downs Road, Luton, LU1 is £133,046. Average asking price is £268,524 while average price paid is £73,250 which is up by £9,219 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 Downs Road, Luton, LU1 area. In last 1 year alone average price buyer paid is around £73,250 based on approximately 2 sales in Downs Road, Luton, LU1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £68,409. 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 £65,666 for 21 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £80,234 per sale.