Average Price for property in The Avenue, Luton, LU4 is around £246,041 which varies based on type of property you are interested in and ranges from £317,544 for detached house to around £239,377 for semi-detached. Similarly terraced house is around £214,760 and a flat is worth £119,993. Values have been changing and have risen £1,286 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,642 in last 6 months, £19,863 in last 1 year, £31,897 in last 2 years, £36,135 in last 3 years, £34,032 in last 4 years and £31,688 in last 5 years.
Currently average asking price of a property in The Avenue, Luton, LU4 is around £224,124 based on approximately 2 properties for sale. Same is the case with rental options based on 77 properties up for rent, average asking rent is around £1,021 per month.
Estimated property value in The Avenue, Luton, LU4 is £246,041. Average asking price is £224,124 while average price paid is £184,000 which is up by £19,863 and Avg. asking rent £1,021.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 The Avenue, Luton, LU4 area. In last 1 year alone average price buyer paid is around £184,000 based on approximately 2 sales in The Avenue, Luton, LU4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £177,571. 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 £183,550 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £176,653 per sale.