North Street, Luton, LU2

Street Guide For North Street, Luton, LU2

 
 

North Street, Luton, LU2 Map

Estimated Price: £155,290
Average Asking Price: £232,758
Price change in last one year: £13,141
Average Price Paid: £117,625
Average Rent Rates: £1,848

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Property Prices Breakdown in North Street, Luton, LU2

Values have been changing and have risen £1,046 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,766 in last 6 months, £13,141 in last 1 year, £19,860 in last 2 years, £22,945 in last 3 years, £20,936 in last 4 years and £21,074 in last 5 years.

Currently average asking price of a property in North Street, Luton, LU2 is around £232,758 based on approximately 5 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 North Street, Luton, LU2 is £155,290. Average asking price is £232,758 while average price paid is £132,600 which is up by £13,141 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 North Street, Luton, LU2 area. In last 1 year alone average price buyer paid is around £132,600 based on approximately 5 sales in North Street, Luton, LU2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £130,000. 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 £117,625 for 16 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £123,166 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £146,667, £158,382 for a 2 bedroom house, £228,602 for a 3 bedroom house, £350,534 for a 4 bedroom house and £360,999 for a 5 bedroom house. For a flat similarly the prices varies from £116,399 for a single bedroom to £137,390 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,000 and £215,000 for a 4 bedroom flat. To sum up the asking prices for properties in North Street, Luton, LU2 it comes to around average £121,178 for 1 bedroom property, £146,606 for 2 bedroom, £229,739 for 3 bedroom, £343,758 for 4 bedroom and £360,999 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £488 for 1 bedroom to £746 for 2 bedrooms, £921 for 3 bedrooms, £1,410 for 4 bedrooms and £2,002 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £570. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £723 and £897 for 3 bedroom. You should be generally be expecting around average £556 rent per month for single bedroom property, £733 for 2 bedroom, £919 for 3 bedroom, £1,410 for 4 bedroom and approximately £2,002 for a 5 bedroom property in North Street, Luton, LU2 area.

Popular Houses in North Street, Luton, LU2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around North Street, Luton, LU2