Average Price for property in Cromwell Road, Luton, LU3 is around £150,445 which varies based on type of property you are interested in and ranges from £134,471 for detached house to around £185,624 for semi-detached. Similarly terraced house is around £144,806 and a flat is worth £129,448. Values have been changing and have risen £614 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,983 in last 6 months, £12,975 in last 1 year, £19,095 in last 2 years, £23,759 in last 3 years, £21,132 in last 4 years and £20,564 in last 5 years.
Currently average asking price of a property in Cromwell Road, Luton, LU3 is around £245,911 based on approximately 1 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 Cromwell Road, Luton, LU3 is £150,445. Average asking price is £245,911 while average price paid is £120,000 which is up by £12,975 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 Cromwell Road, Luton, LU3 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Cromwell Road, Luton, LU3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £123,750. 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 £135,833 for 6 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £138,000 per sale.