Values have been changing and have risen £490 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,110 in last 6 months, £11,370 in last 1 year, £19,218 in last 2 years, £23,705 in last 3 years, £18,275 in last 4 years and £19,453 in last 5 years.
Currently average asking price of a property in Dumfries Street, 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 Dumfries Street, Luton, LU1 is £157,368. Average asking price is £268,524 while average price paid is £111,000 which is up by £11,370 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 Dumfries Street, Luton, LU1 area. In last 1 year alone average price buyer paid is around £111,000 based on approximately 2 sales in Dumfries Street, Luton, LU1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £105,250. 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 £102,785 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £101,550 per sale.