Average Price for property in Mendip Way, Luton, LU3 is around £233,543 which varies based on type of property you are interested in and ranges from £232,554 for semi-detached to around £238,063 for terraced house. Values have been changing and have risen £905 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,924 in last 6 months, £19,141 in last 1 year, £28,170 in last 2 years, £35,050 in last 3 years, £31,172 in last 4 years and £30,328 in last 5 years.
Currently average asking price of a property in Mendip Way, 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 Mendip Way, Luton, LU3 is £233,543. Average asking price is £245,911 while average price paid is £192,250 which is up by £19,141 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 Mendip Way, Luton, LU3 area. In last 1 year alone average price buyer paid is around £192,250 based on approximately 4 sales in Mendip Way, Luton, LU3 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £191,250. 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 £185,625 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £177,656 per sale.