Average Price for property in Morrell Close, Luton, LU3 is around £259,962 which varies based on type of property you are interested in and ranges from £260,944 for detached house to around £238,352 for semi-detached. Values have been changing and have risen £1,046 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,379 in last 6 months, £22,129 in last 1 year, £32,566 in last 2 years, £40,519 in last 3 years, £36,033 in last 4 years and £35,056 in last 5 years.
Currently average asking price of a property in Morrell Close, Luton, LU3 is around £245,911 based on approximately 1 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 Morrell Close, Luton, LU3 is £259,962. Average asking price is £245,911 while average price paid is £220,000 which is up by £22,129 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 Morrell Close, Luton, LU3 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 1 sales in Morrell Close, Luton, LU3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £219,333. 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 £211,750 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £227,750 per sale.