Values have been changing and have risen £452 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,950 in last 6 months, £10,522 in last 1 year, £17,785 in last 2 years, £21,939 in last 3 years, £16,914 in last 4 years and £18,006 in last 5 years.
Currently average asking price of a property in Stanley Street, Luton, LU1 is around £268,524 based on approximately 5 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 Stanley Street, Luton, LU1 is £148,567. Average asking price is £268,524 while average price paid is £127,000 which is up by £10,522 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 Stanley Street, Luton, LU1 area. In last 1 year alone average price buyer paid is around £127,000 based on approximately 5 sales in Stanley Street, Luton, LU1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £129,332. 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 £121,076 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £117,110 per sale.