Values have been changing and have risen £583 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,515 in last 6 months, £13,566 in last 1 year, £22,930 in last 2 years, £28,284 in last 3 years, £21,804 in last 4 years and £23,209 in last 5 years.
Currently average asking price of a property in Priestleys, 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 Priestleys, Luton, LU1 is £178,400. Average asking price is £268,524 while average price paid is £180,000 which is up by £13,566 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 Priestleys, Luton, LU1 area. In last 1 year alone average price buyer paid is around £180,000 based on approximately 1 sales in Priestleys, Luton, LU1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £180,000. 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 £156,665 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £159,499 per sale.