Average Price for property in Ripley Road, Luton, LU4 is around £195,444 which varies based on type of property you are interested in and ranges from £180,905 for detached house to around £197,919 for semi-detached. Similarly terraced house is around £194,193. Values have been changing and have risen £1,065 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,017 in last 6 months, £16,445 in last 1 year, £26,407 in last 2 years, £29,917 in last 3 years, £28,177 in last 4 years and £26,239 in last 5 years.
Currently average asking price of a property in Ripley 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 Ripley Road, Luton, LU4 is £195,444. Average asking price is £224,124 while average price paid is £161,250 which is up by £16,445 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 Ripley Road, Luton, LU4 area. In last 1 year alone average price buyer paid is around £161,250 based on approximately 2 sales in Ripley Road, Luton, LU4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £154,000. 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 £152,530 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £136,665 per sale.