Selbourne Road, Luton, LU4

Street Guide For Selbourne Road, Luton, LU4

 

Selbourne Road, Luton, LU4 Map

Estimated Price: £167,408
Average Asking Price: £224,124
Price change in last one year: £13,166
Average Price Paid: £131,495
Average Rent Rates: £1,021

 

Property Prices Breakdown in Selbourne Road, Luton, LU4

Average Price for property in Selbourne Road, Luton, LU4 is around £167,408 which varies based on type of property you are interested in and ranges from £226,137 for detached house to around £185,686 for semi-detached. Similarly terraced house is around £153,174 and a flat is worth £98,359. Values have been changing and have risen £852 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,414 in last 6 months, £13,166 in last 1 year, £21,143 in last 2 years, £23,954 in last 3 years, £22,562 in last 4 years and £21,010 in last 5 years.

Currently average asking price of a property in Selbourne Road, Luton, LU4 is around £224,124 based on approximately 7 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 Selbourne Road, Luton, LU4 is £167,408. Average asking price is £224,124 while average price paid is £139,000 which is up by £13,166 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 Selbourne Road, Luton, LU4 area. In last 1 year alone average price buyer paid is around £139,000 based on approximately 7 sales in Selbourne Road, Luton, LU4 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £137,638. 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 £131,495 for 25 and average amount paid for purchase of approx. 38 properties sold in last 7 years comes to about £129,449 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 £128,750, £181,249 for a 2 bedroom house, £218,174 for a 3 bedroom house, £307,290 for a 4 bedroom house and £364,428 for a 5 bedroom house. For a flat similarly the prices varies from £85,676 for a single bedroom to £128,415 for a 2 bedroom Flat. To sum up the asking prices for properties in Selbourne Road, Luton, LU4 it comes to around average £97,162 for 1 bedroom property, £170,682 for 2 bedroom, £218,174 for 3 bedroom, £307,290 for 4 bedroom and £364,428 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 £606 for 1 bedroom to £739 for 2 bedroom, £910 for 3 bedroom and £1,211 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £649. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £654 and £1,101 for 5 bedroom. You should be generally be expecting around average £635 rent per month for single bedroom property, £671 for 2 bedroom, £910 for 3 bedroom, £1,211 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Selbourne Road, Luton, LU4 area.

Popular Houses in Selbourne Road, Luton, LU4

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 Selbourne Road, Luton, LU4