Average Price for property in Springfield Road, Luton, LU3 is around £165,801 which varies based on type of property you are interested in and ranges from £166,094 for detached house to around £199,874 for semi-detached. Similarly terraced house is around £158,150 and a flat is worth £106,372. Values have been changing and have risen £657 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,124 in last 6 months, £13,906 in last 1 year, £20,468 in last 2 years, £25,466 in last 3 years, £22,650 in last 4 years and £22,037 in last 5 years.
Currently average asking price of a property in Springfield Road, Luton, LU3 is around £245,911 based on approximately 3 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 Springfield Road, Luton, LU3 is £165,801. Average asking price is £245,911 while average price paid is £162,000 which is up by £13,906 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 Springfield Road, Luton, LU3 area. In last 1 year alone average price buyer paid is around £162,000 based on approximately 3 sales in Springfield Road, Luton, LU3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £143,644. 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 £144,730 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £144,061 per sale.