Average Price for property in Redwood Drive, Luton, LU3 is around £198,791 e.g. average price for semi-detached is around 198,791. Values have been changing and have risen £798 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,577 in last 6 months, £16,876 in last 1 year, £24,837 in last 2 years, £30,905 in last 3 years, £27,486 in last 4 years and £26,741 in last 5 years.
Currently average asking price of a property in Redwood Drive, 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 Redwood Drive, Luton, LU3 is £198,791. Average asking price is £245,911 while average price paid is £176,750 which is up by £16,876 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 Redwood Drive, Luton, LU3 area. In last 1 year alone average price buyer paid is around £176,750 based on approximately 2 sales in Redwood Drive, Luton, LU3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £176,750. 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 £176,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £176,750 per sale.