Handcross Road, Luton, LU2

Street Guide For Handcross Road, Luton, LU2

 
 

Handcross Road, Luton, LU2 Map

Estimated Price: £136,901
Average Asking Price: £232,758
Price change in last one year: £11,387
Average Price Paid: £119,821
Average Rent Rates: £1,848

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Property Prices Breakdown in Handcross Road, Luton, LU2

Average Price for property in Handcross Road, Luton, LU2 is around £136,901 which varies based on type of property you are interested in and ranges from £302,181 for detached house to around £250,439 for semi-detached. Similarly terraced house is around £219,403 and a flat is worth £106,727. Values have been changing and have risen £907 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,398 in last 6 months, £11,387 in last 1 year, £17,207 in last 2 years, £19,879 in last 3 years, £18,140 in last 4 years and £18,260 in last 5 years.

Currently average asking price of a property in Handcross Road, Luton, LU2 is around £232,758 based on approximately 14 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 Handcross Road, Luton, LU2 is £136,901. Average asking price is £232,758 while average price paid is £129,339 which is up by £11,387 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 Handcross Road, Luton, LU2 area. In last 1 year alone average price buyer paid is around £129,339 based on approximately 14 sales in Handcross Road, Luton, LU2 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £130,140. 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 £119,821 for 48 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £123,931 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £146,667, £158,382 for a 2 bedroom house, £228,602 for a 3 bedroom house, £350,534 for a 4 bedroom house and £360,999 for a 5 bedroom house. For a flat similarly the prices varies from £116,399 for a single bedroom to £137,390 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,000 and £215,000 for a 4 bedroom flat. To sum up the asking prices for properties in Handcross Road, Luton, LU2 it comes to around average £121,178 for 1 bedroom property, £146,606 for 2 bedroom, £229,739 for 3 bedroom, £343,758 for 4 bedroom and £360,999 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £488 for 1 bedroom to £746 for 2 bedrooms, £921 for 3 bedrooms, £1,410 for 4 bedrooms and £2,002 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £570. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £723 and £897 for 3 bedroom. You should be generally be expecting around average £556 rent per month for single bedroom property, £733 for 2 bedroom, £919 for 3 bedroom, £1,410 for 4 bedroom and approximately £2,002 for a 5 bedroom property in Handcross Road, Luton, LU2 area.

Popular Houses in Handcross Road, Luton, LU2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Handcross Road, Luton, LU2