Values have been changing and have risen £505 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,177 in last 6 months, £11,738 in last 1 year, £19,841 in last 2 years, £24,475 in last 3 years, £18,869 in last 4 years and £20,086 in last 5 years.
Currently average asking price of a property in Whipperley Way, Luton, LU1 is around £268,524 based on approximately 8 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 Whipperley Way, Luton, LU1 is £166,002. Average asking price is £268,524 while average price paid is £171,437 which is up by £11,738 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 Whipperley Way, Luton, LU1 area. In last 1 year alone average price buyer paid is around £171,437 based on approximately 8 sales in Whipperley Way, Luton, LU1 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £150,281. 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 £143,413 for 26 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £141,658 per sale.