Values have been changing and have risen £825 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,666 in last 6 months, £17,458 in last 1 year, £25,693 in last 2 years, £31,968 in last 3 years, £28,432 in last 4 years and £27,663 in last 5 years.
Currently average asking price of a property in Primrose Close, Luton, LU3 is around £245,911 based on approximately 4 properties for sale. Same is the case with rental options based on 105 properties up for rent, average asking rent is around £934 per month.
Estimated property value in Primrose Close, Luton, LU3 is £219,623. Average asking price is £245,911 while average price paid is £145,750 which is up by £17,458 and Avg. asking rent £934.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 Primrose Close, Luton, LU3 area. In last 1 year alone average price buyer paid is around £145,750 based on approximately 4 sales in Primrose Close, Luton, LU3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £157,600. 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 £159,937 for 8 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £153,625 per sale.