Average Price for property in Newark Road, Luton, LU4 is around £187,376 which varies based on type of property you are interested in and ranges from £189,457 for detached house to around £180,579 for semi-detached. Similarly terraced house is around £161,108 and a flat is worth £32,117. Values have been changing and have risen £1,022 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,893 in last 6 months, £15,772 in last 1 year, £25,326 in last 2 years, £28,692 in last 3 years, £27,024 in last 4 years and £25,165 in last 5 years.
Currently average asking price of a property in Newark Road, Luton, LU4 is around £224,124 based on approximately 2 properties for sale. Same is the case with rental options based on 77 properties up for rent, average asking rent is around £1,021 per month.
Estimated property value in Newark Road, Luton, LU4 is £187,376. Average asking price is £224,124 while average price paid is £180,500 which is up by £15,772 and Avg. asking rent £1,021.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 Newark Road, Luton, LU4 area. In last 1 year alone average price buyer paid is around £180,500 based on approximately 2 sales in Newark Road, Luton, LU4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £173,250. 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 £173,795 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £173,024 per sale.