Values have been changing and have risen £909 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,404 in last 6 months, £11,420 in last 1 year, £17,259 in last 2 years, £19,941 in last 3 years, £18,198 in last 4 years and £18,318 in last 5 years.
Currently average asking price of a property in Birchen Grove, Luton, LU2 is around £232,758 based on approximately 4 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £1,848 per month.
Estimated property value in Birchen Grove, Luton, LU2 is £130,676. Average asking price is £232,758 while average price paid is £121,375 which is up by £11,420 and Avg. asking rent £1,848.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 Birchen Grove, Luton, LU2 area. In last 1 year alone average price buyer paid is around £121,375 based on approximately 4 sales in Birchen Grove, Luton, LU2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £115,636. 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 £112,933 for 15 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £115,291 per sale.