Values have been changing and have risen £527 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,701 in last 6 months, £11,132 in last 1 year, £16,384 in last 2 years, £20,388 in last 3 years, £18,136 in last 4 years and £17,647 in last 5 years.
Currently average asking price of a property in Ellenhall Close, 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 Ellenhall Close, Luton, LU3 is £137,882. Average asking price is £245,911 while average price paid is £117,500 which is up by £11,132 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 Ellenhall Close, Luton, LU3 area. In last 1 year alone average price buyer paid is around £117,500 based on approximately 1 sales in Ellenhall Close, Luton, LU3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £118,750. 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 £119,375 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £119,375 per sale.