Average Price for property in Durham Road, Luton, LU2 is around £221,468 which varies based on type of property you are interested in and ranges from £505,783 for detached house to around £207,149 for semi-detached. Similarly terraced house is around £166,260. Values have been changing and have risen £1,578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,170 in last 6 months, £19,808 in last 1 year, £29,933 in last 2 years, £34,582 in last 3 years, £31,552 in last 4 years and £31,755 in last 5 years.
Currently average asking price of a property in Durham Road, Luton, LU2 is around £232,758 based on approximately 2 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £1,848 per month.
Estimated property value in Durham Road, Luton, LU2 is £221,468. Average asking price is £232,758 while average price paid is £184,000 which is up by £19,808 and Avg. asking rent £1,848.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 Durham Road, Luton, LU2 area. In last 1 year alone average price buyer paid is around £184,000 based on approximately 2 sales in Durham Road, Luton, LU2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £166,250. 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 £164,403 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £168,958 per sale.