Average Price for property in Elmore Road, Luton, LU2 is around £189,687 which varies based on type of property you are interested in and ranges from £205,543 for semi-detached to around £182,137 for terraced house. Values have been changing and have risen £1,303 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,446 in last 6 months, £16,371 in last 1 year, £24,740 in last 2 years, £28,581 in last 3 years, £26,078 in last 4 years and £26,249 in last 5 years.
Currently average asking price of a property in Elmore Road, Luton, LU2 is around £232,758 based on approximately 4 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 Elmore Road, Luton, LU2 is £189,687. Average asking price is £232,758 while average price paid is £176,625 which is up by £16,371 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 Elmore Road, Luton, LU2 area. In last 1 year alone average price buyer paid is around £176,625 based on approximately 4 sales in Elmore Road, Luton, LU2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £165,599. 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 £165,845 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £165,211 per sale.