Average Price for property in Falks Hill, Luton, LU2 is around £196,890 which varies based on type of property you are interested in and ranges from £219,998 for detached house to around £229,058 for semi-detached. Similarly terraced house is around £184,398. Values have been changing and have risen £1,296 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,427 in last 6 months, £16,277 in last 1 year, £24,597 in last 2 years, £28,417 in last 3 years, £25,929 in last 4 years and £26,098 in last 5 years.
Currently average asking price of a property in Falks Hill, Luton, LU2 is around £232,758 based on approximately 1 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 Falks Hill, Luton, LU2 is £196,890. Average asking price is £232,758 while average price paid is £170,000 which is up by £16,277 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 Falks Hill, Luton, LU2 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Falks Hill, Luton, LU2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £154,753. 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 £154,753 for 14 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £154,753 per sale.