Average Price for property in Preston Gardens, Luton, LU2 is around £190,643 which varies based on type of property you are interested in and ranges from £307,884 for detached house to around £205,809 for semi-detached. Similarly terraced house is around £173,837. Values have been changing and have risen £1,265 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,345 in last 6 months, £15,890 in last 1 year, £24,012 in last 2 years, £27,744 in last 3 years, £25,314 in last 4 years and £25,479 in last 5 years.
Currently average asking price of a property in Preston Gardens, Luton, LU2 is around £232,758 based on approximately 3 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £1,848 per month.
Estimated property value in Preston Gardens, Luton, LU2 is £190,643. Average asking price is £232,758 while average price paid is £160,000 which is up by £15,890 and Avg. asking rent £1,848.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 Preston Gardens, Luton, LU2 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 3 sales in Preston Gardens, Luton, LU2 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £148,714. 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 £146,375 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £164,571 per sale.