Average Price for property in Essex Close, Luton, LU1 is around £120,964 which varies based on type of property you are interested in and ranges from £122,162 for terraced house to around £120,298 for a flat. Values have been changing and have risen £373 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,607 in last 6 months, £8,662 in last 1 year, £14,640 in last 2 years, £18,059 in last 3 years, £13,925 in last 4 years and £14,823 in last 5 years.
Currently average asking price of a property in Essex Close, Luton, LU1 is around £268,524 based on approximately 2 properties for sale. Same is the case with rental options based on 243 properties up for rent, average asking rent is around £1,371 per month.
Estimated property value in Essex Close, Luton, LU1 is £120,964. Average asking price is £268,524 while average price paid is £106,250 which is up by £8,662 and Avg. asking rent £1,371.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 Essex Close, Luton, LU1 area. In last 1 year alone average price buyer paid is around £106,250 based on approximately 2 sales in Essex Close, Luton, LU1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £110,833. 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 £111,625 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £104,785 per sale.