Average Price for property in Cranbrook Drive, Luton, LU3 is around £218,040 which varies based on type of property you are interested in and ranges from £193,339 for detached house to around £220,042 for semi-detached. Values have been changing and have risen £882 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,848 in last 6 months, £18,642 in last 1 year, £27,436 in last 2 years, £34,136 in last 3 years, £30,359 in last 4 years and £29,538 in last 5 years.
Currently average asking price of a property in Cranbrook Drive, Luton, LU3 is around £245,911 based on approximately 5 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 Cranbrook Drive, Luton, LU3 is £218,040. Average asking price is £245,911 while average price paid is £195,000 which is up by £18,642 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 Cranbrook Drive, Luton, LU3 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 5 sales in Cranbrook Drive, Luton, LU3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £183,136. 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 £183,300 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £184,499 per sale.