Average Price for property in Buchanan Drive, Luton, LU2 is around £175,628 which varies based on type of property you are interested in and ranges from £266,642 for detached house to around £197,547 for semi-detached. Similarly terraced house is around £178,421 and a flat is worth £125,624. Values have been changing and have risen £1,226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,241 in last 6 months, £15,397 in last 1 year, £23,267 in last 2 years, £26,882 in last 3 years, £24,528 in last 4 years and £24,688 in last 5 years.
Currently average asking price of a property in Buchanan Drive, Luton, LU2 is around £232,758 based on approximately 6 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 Buchanan Drive, Luton, LU2 is £175,628. Average asking price is £232,758 while average price paid is £154,333 which is up by £15,397 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 Buchanan Drive, Luton, LU2 area. In last 1 year alone average price buyer paid is around £154,333 based on approximately 6 sales in Buchanan Drive, Luton, LU2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £150,607. 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 £142,812 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £140,357 per sale.