Values have been changing and have risen £736 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,084 in last 6 months, £11,360 in last 1 year, £18,244 in last 2 years, £20,670 in last 3 years, £19,470 in last 4 years and £18,133 in last 5 years.
Currently average asking price of a property in Drayton Road, Luton, LU4 is around £224,124 based on approximately 1 properties for sale. Same is the case with rental options based on 77 properties up for rent, average asking rent is around £1,021 per month.
Estimated property value in Drayton Road, Luton, LU4 is £134,131. Average asking price is £224,124 while average price paid is £85,500 which is up by £11,360 and Avg. asking rent £1,021.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 Drayton Road, Luton, LU4 area. In last 1 year alone average price buyer paid is around £85,500 based on approximately 1 sales in Drayton Road, Luton, LU4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £115,250. 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 £109,000 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £113,625 per sale.