Average Price for property in Farley Hill, Luton, LU1 is around £198,340 which varies based on type of property you are interested in and ranges from £306,644 for detached house to around £211,298 for semi-detached. Similarly terraced house is around £164,557 and a flat is worth £130,565. Values have been changing and have risen £609 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,627 in last 6 months, £14,168 in last 1 year, £23,949 in last 2 years, £29,540 in last 3 years, £22,773 in last 4 years and £24,241 in last 5 years.
Currently average asking price of a property in Farley Hill, Luton, LU1 is around £268,524 based on approximately 8 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 Farley Hill, Luton, LU1 is £198,340. Average asking price is £268,524 while average price paid is £151,125 which is up by £14,168 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 Farley Hill, Luton, LU1 area. In last 1 year alone average price buyer paid is around £151,125 based on approximately 8 sales in Farley Hill, Luton, LU1 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £144,386. 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 £144,431 for 29 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £150,145 per sale.