Average Price for property in Homestead Way, Luton, LU1 is around £184,003 which varies based on type of property you are interested in and ranges from £183,385 for semi-detached to around £188,947 for terraced house. Values have been changing and have risen £600 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,585 in last 6 months, £13,942 in last 1 year, £23,567 in last 2 years, £29,070 in last 3 years, £22,410 in last 4 years and £23,852 in last 5 years.
Currently average asking price of a property in Homestead Way, Luton, LU1 is around £268,524 based on approximately 1 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 Homestead Way, Luton, LU1 is £184,003. Average asking price is £268,524 while average price paid is £180,000 which is up by £13,942 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 Homestead Way, Luton, LU1 area. In last 1 year alone average price buyer paid is around £180,000 based on approximately 1 sales in Homestead Way, Luton, LU1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £165,000. 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 £161,000 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £157,278 per sale.