Values have been changing and have risen £565 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,826 in last 6 months, £11,957 in last 1 year, £17,599 in last 2 years, £21,899 in last 3 years, £19,478 in last 4 years and £18,953 in last 5 years.
Currently average asking price of a property in Norman Road, Luton, LU3 is around £245,911 based on approximately 2 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 Norman Road, Luton, LU3 is £142,131. Average asking price is £245,911 while average price paid is £125,250 which is up by £11,957 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 Norman Road, Luton, LU3 area. In last 1 year alone average price buyer paid is around £125,250 based on approximately 2 sales in Norman Road, Luton, LU3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £129,625. 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 £132,590 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £126,066 per sale.