Average Price for property in The Magpies, Luton, LU2 is around £267,392 which varies based on type of property you are interested in and ranges from £330,241 for detached house to around £236,515 for semi-detached. Similarly terraced house is around £185,890. Values have been changing and have risen £1,778 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,701 in last 6 months, £22,329 in last 1 year, £33,742 in last 2 years, £38,983 in last 3 years, £35,566 in last 4 years and £35,798 in last 5 years.
Currently average asking price of a property in The Magpies, Luton, LU2 is around £232,758 based on approximately 1 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 The Magpies, Luton, LU2 is £267,392. Average asking price is £232,758 while average price paid is £204,000 which is up by £22,329 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 The Magpies, Luton, LU2 area. In last 1 year alone average price buyer paid is around £204,000 based on approximately 1 sales in The Magpies, Luton, LU2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £201,333. 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 £199,000 for 7 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £211,769 per sale.