Average Price for property in Richmond Hill, Luton, LU2 is around £170,008 which varies based on type of property you are interested in and ranges from £307,229 for detached house to around £196,679 for semi-detached. Similarly terraced house is around £161,428 and a flat is worth £106,440. Values have been changing and have risen £1,207 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,191 in last 6 months, £15,156 in last 1 year, £22,903 in last 2 years, £26,461 in last 3 years, £24,146 in last 4 years and £24,304 in last 5 years.
Currently average asking price of a property in Richmond Hill, Luton, LU2 is around £232,758 based on approximately 11 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 Richmond Hill, Luton, LU2 is £170,008. Average asking price is £232,758 while average price paid is £165,408 which is up by £15,156 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 Richmond Hill, Luton, LU2 area. In last 1 year alone average price buyer paid is around £165,408 based on approximately 11 sales in Richmond Hill, Luton, LU2 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £158,545. 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 £156,342 for 35 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £157,837 per sale.