Values have been changing and have risen £845 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,233 in last 6 months, £10,606 in last 1 year, £16,028 in last 2 years, £18,519 in last 3 years, £16,900 in last 4 years and £17,012 in last 5 years.
Currently average asking price of a property in Fair Oak Drive, 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 Fair Oak Drive, Luton, LU2 is £117,324. Average asking price is £232,758 while average price paid is £104,000 which is up by £10,606 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 Fair Oak Drive, Luton, LU2 area. In last 1 year alone average price buyer paid is around £104,000 based on approximately 2 sales in Fair Oak Drive, Luton, LU2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £107,333. 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 £100,333 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £104,300 per sale.