Average Price for property in Derwent Road, Luton, LU2 is around £152,306 which varies based on type of property you are interested in and ranges from £161,096 for semi-detached to around £150,708 for terraced house. Values have been changing and have risen £1,056 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,790 in last 6 months, £13,249 in last 1 year, £20,021 in last 2 years, £23,131 in last 3 years, £21,108 in last 4 years and £21,246 in last 5 years.
Currently average asking price of a property in Derwent Road, 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 Derwent Road, Luton, LU2 is £152,306. Average asking price is £232,758 while average price paid is £144,500 which is up by £13,249 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 Derwent Road, Luton, LU2 area. In last 1 year alone average price buyer paid is around £144,500 based on approximately 2 sales in Derwent Road, Luton, LU2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £128,500. 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 £128,500 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £123,666 per sale.