Debate House Prices


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Luton up 20% last year

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Luton, anything left to give or had its day? Two years ago no one would touch Luton, all of a sudden property hotspot, Bedfordshire always been hertfordshires poorer cousin and overlooked, seems to be catching up.
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Comments

  • Luton is the Stoke on Trent of the south.
  • coffeehound
    coffeehound Posts: 5,741 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    It was difficult to find decent rental accom for a single person there 10 years ago -- very expensive just for a houseshare. That rail link to London is apparently worth a lot.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    The figures could be flattered by the fact a load of new developments have gone up there from the likes of Galliard.


    BTW, no wonder Galliard persists with expensive advertising campaigns (I was always suspicious why they had to hard sell), the product is schite. I've seen them renovate an old office into a resi development the last 2 years near me and did consider an offer early on but I held back as I felt the building works looked a bit shoddy


    The build is now completed and it looks dreadful, nothing like their glossy brochure images


    It still resembles an old 1960's basic office block
  • Rents gone up but not 20% in a year. Seems like lots of development going on but do not think it can carry on at that level. Overflow from London and good transport links upside, downside, Marsh Farm, Bury Park!
  • silvercar
    silvercar Posts: 49,650 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    One development, of an office block conversion into flats, had "bedrooms" with no windows and no doors.
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  • zagubov
    zagubov Posts: 17,938 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    silvercar wrote: »
    One development, of an office block conversion into flats, had "bedrooms" with no windows and no doors.

    I think that was on the "Have a Look at This" thread. It would be rubbish for anybody but an agoraphobic vampire.
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • movilogo
    movilogo Posts: 3,235 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    This is because people can't afford to buy in London and Hertfordshire and so ending up in Luton. It has good connection with M1 and train service (though Thameslink leaves a lot to be desired). The main problem of Luton is that no good secondary schools (not even private schools) and some part of town feels as if in Karachi.
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    zagubov wrote: »
    I think that was on the "Have a Look at This" thread. It would be rubbish for anybody but an agoraphobic vampire.

    Well, its a niche. They've got to decide what their demographic is.
    I'd like to see the marketing material.
    :D
  • I would rather live in south London than in Luton. It is horrible beyond description.
  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    And then you have Harpenden , less than 10 minutes away, and its one of the most expensive towns in the South East due to good schools and transport links straight into the City
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