Values have been changing and have risen £681 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,202 in last 6 months, £14,418 in last 1 year, £21,221 in last 2 years, £26,406 in last 3 years, £23,488 in last 4 years and £22,854 in last 5 years.
Currently average asking price of a property in Arbroath Road, Luton, LU3 is around £245,911 based on approximately 2 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 Arbroath Road, Luton, LU3 is £168,749. Average asking price is £245,911 while average price paid is £154,497 which is up by £14,418 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 Arbroath Road, Luton, LU3 area. In last 1 year alone average price buyer paid is around £154,497 based on approximately 2 sales in Arbroath Road, Luton, LU3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £132,173. 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 £137,339 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £142,099 per sale.