Values have been changing and have risen £993 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,625 in last 6 months, £12,468 in last 1 year, £18,842 in last 2 years, £21,770 in last 3 years, £19,864 in last 4 years and £19,994 in last 5 years.
Currently average asking price of a property in Brendon Avenue, Luton, LU2 is around £232,758 based on approximately 8 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 Brendon Avenue, Luton, LU2 is £141,696. Average asking price is £232,758 while average price paid is £114,374 which is up by £12,468 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 Brendon Avenue, Luton, LU2 area. In last 1 year alone average price buyer paid is around £114,374 based on approximately 8 sales in Brendon Avenue, Luton, LU2 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £108,405. 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 £112,499 for 21 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £113,766 per sale.