Values have been changing and have risen £414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,335 in last 6 months, £8,735 in last 1 year, £12,855 in last 2 years, £15,995 in last 3 years, £14,229 in last 4 years and £13,846 in last 5 years.
Currently average asking price of a property in Copenhagen Close, Luton, LU3 is around £245,911 based on approximately 3 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 Copenhagen Close, Luton, LU3 is £103,552. Average asking price is £245,911 while average price paid is £90,000 which is up by £8,735 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 Copenhagen Close, Luton, LU3 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 3 sales in Copenhagen Close, Luton, LU3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £77,571. 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 £79,533 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £88,095 per sale.