Values have been changing and have risen £1,097 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,901 in last 6 months, £13,775 in last 1 year, £20,815 in last 2 years, £24,051 in last 3 years, £21,945 in last 4 years and £22,089 in last 5 years.
Currently average asking price of a property in Cowdray Close, Luton, LU2 is around £232,758 based on approximately 2 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 Cowdray Close, Luton, LU2 is £163,922. Average asking price is £232,758 while average price paid is £121,250 which is up by £13,775 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 Cowdray Close, Luton, LU2 area. In last 1 year alone average price buyer paid is around £121,250 based on approximately 2 sales in Cowdray Close, Luton, LU2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £115,833. 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 £120,666 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £118,333 per sale.