Average Price for property in Luton is around £200,656 which varies based on type of property you are interested in and ranges from £330,964 for detached house to around £209,299 for semi-detached. Similarly terraced house is around £166,816 and a flat is worth £118,782. Values have been changing and have risen £359 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,139 in last 6 months, £15,869 in last 1 year, £23,387 in last 2 years, £27,659 in last 3 years, £26,933 in last 4 years and £27,994 in last 5 years.
Currently average asking price of a property in Luton is around £243,148 based on approximately 2,370 properties for sale. Same is the case with rental options based on 508 properties up for rent, average asking rent is around £1,296 per month.
Estimated property value in Luton is £200,656. Average asking price is £243,148 while average price paid is £180,226 which is up by £15,869 and Avg. asking rent £1,296.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 Luton area. In last 1 year alone average price buyer paid is around £180,226 based on approximately 2,370 sales in Luton area alone. If you compare it to last 3 years sales of 6,409 properties where buyers paid around £173,430. 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 £170,957 for 10,171 and average amount paid for purchase of approx. 13,972 properties sold in last 7 years comes to about £169,877 per sale.