Values have been changing and have risen £697 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,973 in last 6 months, £10,756 in last 1 year, £17,274 in last 2 years, £19,571 in last 3 years, £18,436 in last 4 years and £17,171 in last 5 years.
Currently average asking price of a property in Simpson Close, Leagrave, Luton, LU4 is around £224,013 based on approximately 4 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £988 per month.
Estimated property value in Simpson Close, Leagrave, Luton, LU4 is £135,425. Average asking price is £224,013 while average price paid is £107,873 which is up by £10,756 and Avg. asking rent £988.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 Simpson Close, Leagrave, Luton, LU4 area. In last 1 year alone average price buyer paid is around £107,873 based on approximately 4 sales in Simpson Close, Leagrave, Luton, LU4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £101,221. 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 £103,922 for 13 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £107,028 per sale.