Average Price for property in Penda Close, Luton, LU3 is around £137,310 which varies based on type of property you are interested in and ranges from £177,990 for detached house to around £149,816 for semi-detached. Similarly terraced house is around £146,013 and a flat is worth £94,056. Values have been changing and have risen £562 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,814 in last 6 months, £11,866 in last 1 year, £17,465 in last 2 years, £21,731 in last 3 years, £19,331 in last 4 years and £18,811 in last 5 years.
Currently average asking price of a property in Penda Close, Luton, LU3 is around £245,911 based on approximately 6 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 Penda Close, Luton, LU3 is £137,310. Average asking price is £245,911 while average price paid is £116,325 which is up by £11,866 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 Penda Close, Luton, LU3 area. In last 1 year alone average price buyer paid is around £116,325 based on approximately 6 sales in Penda Close, Luton, LU3 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £120,245. 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 £117,710 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £118,290 per sale.