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Luton Property Market – Asking Prices Down 3% in the Last 12 Months

Luton Property Market – Asking Prices Down 3% in the Last 12 Months

The average asking price of property in Luton dropped by 3% or £9,296 compared to a year ago, taking the current average asking price to £301,328 compared with £310,624 this time last year. The overall drop in asking prices is being put down to sellers being more realistic with their pricing and looking to benefit […]

£826 pcm – The Average Luton Rent

£826 pcm – The Average Luton Rent

The rents paid by Luton tenants are now standing at £826 per calendar month (PCM), a rise of 1.37% year on year and 0.33% lower month on month. However, this attention-grabbing monthly rent figure masks stark differences in the various different parts of the Luton rental market.  Demand in Luton for high quality family homes […]

Luton Millennials Have Spent £117,453 On Rent By The Age of 35

Luton Millennials Have Spent £117,453 On Rent By The Age of 35

The Millennials were born between the mid 1980’s and late 1990’s thus making them between the age of around 22 to late 30’s. They are the imaginative, artistic youngsters who grew up with the newest tech and computers and who are huge aficionados of music festivals, gourmet pizzas, emoji’s, selfies and old school nostalgia. Also […]

Luton Property Market – Which Houses are Actually Selling?

Luton Property Market – Which Houses are Actually Selling?

Beast from the East, Russia, Facebook, Brexit, Trump, House prices up, House prices down … the Press is full of column inches on Brit’s favourite subjects of politics, scandal, weather and not forgetting (and I appreciate the irony of this!) the property market. As an agent belonging to a national group of letting and estate […]

43% More Luton Home Owners Wanting to Move Than 12 Months Ago

43% More Luton Home Owners Wanting to Move Than 12 Months Ago

As I have mentioned a number times in my local property market blog, with not enough new-build properties being built in Luton and the surrounding area to keep up with demand for homes to live in (be that tenants or homebuyers), it’s good to know more Luton home sellers are putting their properties on to […]

Luton Property Market Worth More Than Rolls Royce

Luton Property Market Worth More Than Rolls Royce

The value of all the homes in Luton has risen by more than 320% in the past two decades to £16.440bn, meaning it is worth more than the stock listed company Rolls Royce Group, which is worth £15.689bn. Those Luton homeowners and Buy-to-Let landlords who bought their homes twenty or more years ago have come […]

Luton Council Tax Payers Stung by 43.55% above Inflation Rise

Luton Council Tax Payers Stung by 43.55% above Inflation Rise

Buying and selling a home in Luton isn’t the easiest or cheapest thing you will ever do. Estate Agent fees, Solicitors fees, Survey fees, Mortgage fees, Removal Van … the costs just mount up throughout every step of the move. Last week, a Luton landlord asked me whether the Council Tax Band made a difference […]

Homeownership Amongst Luton’s Young Adults Slumps to 46.3%

Homeownership Amongst Luton’s Young Adults Slumps to 46.3%

The degree to which young Luton people are locked out of the Luton housing market has been revealed in new statistics. A Luton landlord was asking me the other week to what effect homeownership rates in Luton in the early to middle aged adult age range had affected the demand for rental property in Luton […]

599 First Timer Buyers in Luton Bought Their First Home in 2017

A little bit of good news this week on the Luton Property Market as recently released data shows that the number of first time buyers taking out their first mortgage in 2017 increased more than in any other year since the global financial crisis in 2009. The data shows there were 599 first time buyers […]

An extension could add £66,825 to the value of your Luton home

An extension could add £66,825 to the value of your Luton home

As our families grow bigger the need for more space, be that bedrooms or reception rooms, has grown with it. Also, as our older generation lives longer and nursing home bills continue to rise quicker than a rocket on the 5th of November  (the average nursing home bill in the area being £669 per week), […]


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