Values have been changing and have risen £710 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,294 in last 6 months, £15,020 in last 1 year, £22,105 in last 2 years, £27,504 in last 3 years, £24,462 in last 4 years and £23,802 in last 5 years.
Currently average asking price of a property in Lucas Gardens, Luton, LU3 is around £245,911 based on approximately 4 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 Lucas Gardens, Luton, LU3 is £187,989. Average asking price is £245,911 while average price paid is £150,500 which is up by £15,020 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 Lucas Gardens, Luton, LU3 area. In last 1 year alone average price buyer paid is around £150,500 based on approximately 4 sales in Lucas Gardens, Luton, LU3 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £157,935. 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 £161,694 for 37 and average amount paid for purchase of approx. 64 properties sold in last 7 years comes to about £170,889 per sale.