Average Price for property in Hancock Drive, Luton, LU2 is around £242,064 e.g. average price for a flat is around 242,318. Values have been changing and have risen £1,587 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,196 in last 6 months, £19,928 in last 1 year, £30,112 in last 2 years, £34,789 in last 3 years, £31,740 in last 4 years and £31,946 in last 5 years.
Currently average asking price of a property in Hancock Drive, Luton, LU2 is around £232,758 based on approximately 7 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 Hancock Drive, Luton, LU2 is £242,064. Average asking price is £232,758 while average price paid is £210,428 which is up by £19,928 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 Hancock Drive, Luton, LU2 area. In last 1 year alone average price buyer paid is around £210,428 based on approximately 7 sales in Hancock Drive, Luton, LU2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £212,607. 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 £212,113 for 22 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £210,327 per sale.