Mayne Avenue, Leagrave, Luton, LU4

Street Guide For Mayne Avenue, Leagrave, Luton, LU4

 

Mayne Avenue, Leagrave, Luton, LU4 Map

Estimated Price: £192,860
Average Asking Price: £224,013
Price change in last one year: £16,361
Average Price Paid: £194,333
Average Rent Rates: £988

 

Property Prices Breakdown in Mayne Avenue, Leagrave, Luton, LU4

Average Price for property in Mayne Avenue, Leagrave, Luton, LU4 is around £192,860 which varies based on type of property you are interested in and ranges from £294,986 for detached house to around £201,538 for semi-detached. Similarly flat is around £102,274. Values have been changing and have risen £1,059 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,001 in last 6 months, £16,361 in last 1 year, £26,272 in last 2 years, £29,766 in last 3 years, £28,035 in last 4 years and £26,105 in last 5 years.

Currently average asking price of a property in Mayne Avenue, Leagrave, Luton, LU4 is around £224,013 based on approximately 2 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £988 per month.

Estimated property value in Mayne Avenue, Leagrave, Luton, LU4 is £192,860. Average asking price is £224,013 while average price paid is £196,750 which is up by £16,361 and Avg. asking rent £988.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 Mayne Avenue, Leagrave, Luton, LU4 area. In last 1 year alone average price buyer paid is around £196,750 based on approximately 2 sales in Mayne Avenue, Leagrave, Luton, LU4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £220,000. 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 £194,333 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £169,750 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £121,667, £184,807 for a 2 bedroom house, £217,071 for a 3 bedroom house, £301,885 for a 4 bedroom house and £364,428 for a 5 bedroom house. For a flat similarly the prices varies from £85,676 for a single bedroom to £120,070 for a 2 bedroom Flat. To sum up the asking prices for properties in Mayne Avenue, Leagrave, Luton, LU4 it comes to around average £93,388 for 1 bedroom property, £171,075 for 2 bedroom, £217,071 for 3 bedroom, £301,885 for 4 bedroom and £364,428 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £558 for 1 bedroom to £727 for 2 bedroom, £898 for 3 bedroom and £1,211 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £647. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £662 and £1,101 for 5 bedroom. You should be generally be expecting around average £611 rent per month for single bedroom property, £678 for 2 bedroom, £898 for 3 bedroom, £1,211 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Mayne Avenue, Leagrave, Luton, LU4 area.

Popular Houses in Mayne Avenue, Leagrave, Luton, LU4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Mayne Avenue, Leagrave, Luton, LU4