Values have been changing and have risen £778 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,930 in last 6 months, £80,142 in last 1 year, £125,977 in last 2 years, £189,898 in last 3 years, £162,559 in last 4 years and £186,608 in last 5 years.
Currently average asking price of a property in St Lukes is around £978,927 based on approximately 44 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £2,983 per month.
Estimated property value in St Lukes is £699,132. Average asking price is £978,927 while average price paid is £670,358 which is up by £80,142 and Avg. asking rent £2,983.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 St Lukes area. In last 1 year alone average price buyer paid is around £670,358 based on approximately 44 sales in St Lukes area alone. If you compare it to last 3 years sales of 109 properties where buyers paid around £589,024. 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 £499,498 for 243 and average amount paid for purchase of approx. 315 properties sold in last 7 years comes to about £473,612 per sale.