Housing Market Analysis for PARK STREET WEST, LU1 3BE

Are you looking to understand LU1 3BE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Luton postcode.

For the location information and nearby amenities in the LU1 3BE area, explore the LU1 3BE Area information page.
For comprehensive crime statistics in the LU1 3BE area, explore the LU1 3BE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU1 3BE postcode area, The average prices are as follows,

Flat
- The average price is around £115,896 median price is £120,000 Standard Deviation is £14,936 with Total Sold: 24
- The Last 5 Year average price is £125,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 4, 17 - 19 PARK STREET WEST: £125,000 (Sold on 27 Feb 2024)
- The first recorded sale happened at this postcode is FLAT 3, 17 - 19 PARK STREET WEST: £120,000 (Sold on 09 Apr 2009)
Other
- The average price is around £1,913,750 median price is £555,000 Standard Deviation is £2,597,565 with Total Sold: 4
- The Last 5 Year average price is £3,550,000 with Total Sold: 2
- The most recent sale happened at this postcode is 11 - 15 PARK STREET WEST: £700,000 (Sold on 15 Sep 2022)
- The first recorded sale happened at this postcode is 27 PARK STREET WEST: £410,000 (Sold on 28 Feb 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 3BE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£125,000		1
2023	£125,000		1
2018	£123,600	£2,964	5
2017	£125,000	£3,732	5
2016	£120,000	£2,812	2
2015	£102,500		2
2013	£68,000		1
2011	£108,000	£2,169	1
2010	£106,667	£2,091	3
2009	£115,833	£2,369	3

House Type: Other

Year	Avg. Price	Sold
2022	£700,000	1
2019	£6,400,000	1
2018	£145,000	1
2017	£410,000	1

All the Sales in the PARK STREET WEST, LU1 3BE

See the table below for more details on the sold house prices in the LU1 3BE, Luton postcode.

Address	Sold Date	Price	% Change
FLAT 4, 17 - 19 PARK STREET WESTFlat, Leasehold	27 Feb 2024	£125,000	0.0
	27 Feb 2023	£125,000	19.05%
	22 Jun 2016	£105,000	First Sale
11 - 15 PARK STREET WESTOther, Freehold	15 Sep 2022	£700,000	First Sale
CASINO CLUB PARK STREET WESTOther, Freehold	02 Oct 2019	£6,400,000	First Sale
FLAT 13, 17 - 19 PARK STREET WESTFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-1929	12 Oct 2018	£135,000	3.85%
	15 Jun 2018	£130,000	13.04%
	14 Jan 2010	£115,000	First Sale
FLAT 1, 17 - 19 PARK STREET WESTFlat, LeaseholdArea: 27 Sq.mtrAge: 2007 onwards	20 Sep 2018	£110,000	First Sale
33 PARK STREET WESTOther, Freehold	04 Jun 2018	£145,000	First Sale
FLAT 14, 17 - 19 PARK STREET WESTFlat, Leasehold	21 May 2018	£125,000	First Sale
FLAT 7, 17 - 19 PARK STREET WESTFlat, Leasehold	09 Feb 2018	£118,000	24.21%
	12 Jun 2015	£95,000	39.71%
	01 Mar 2013	£68,000	-24.44%
	06 May 2010	£90,000	First Sale
FLAT 6, 17 - 19 PARK STREET WESTFlat, Leasehold	26 Oct 2017	£125,000	First Sale
FLAT 10, 17 - 19 PARK STREET WESTFlat, Leasehold	26 Sep 2017	£125,000	First Sale
FLAT 8, 17 - 19 PARK STREET WESTFlat, LeaseholdArea: 34 Sq.mtrAge: 2007 onwards	29 Aug 2017	£125,000	First Sale
FLAT 11, 17 - 19 PARK STREET WESTFlat, Leasehold	21 Mar 2017	£125,000	First Sale
FLAT 5, 17 - 19 PARK STREET WESTFlat, LeaseholdArea: 33 Sq.mtrAge: 2007 onwards	21 Mar 2017	£125,000	First Sale
27 PARK STREET WESTOther, Freehold	28 Feb 2017	£410,000	First Sale
FLAT 3, 17 - 19 PARK STREET WESTFlat, LeaseholdArea: 48 Sq.mtrAge: 2007-2011	27 Jan 2016	£135,000	12.50%
	09 Apr 2009	£120,000	First Sale
FLAT 12, 17 - 19 PARK STREET WESTFlat, Leasehold	30 Jan 2015	£110,000	-4.35%
FLAT 12, 17 - 19 PARK STREET WESTFlat, Leasehold	21 Apr 2010	£115,000	First Sale
FLAT 2, 17 - 19 PARK STREET WESTFlat, LeaseholdArea: 49.8 Sq.mtrAge: 1900-1929	25 Nov 2011	£108,000	0.47%
	28 Aug 2009	£107,500	First Sale
FLAT 9, 17 - 19 PARK STREET WESTFlat, LeaseholdArea: 49 Sq.mtrAge: 1900-1929	09 Apr 2009	£120,000	First Sale

Check out the sold house prices near the LU1 3BE postcode. Properties currently for saleProperties currently for rent

PARK STREET WEST, LU1 3BE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU1 3BE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LU1 3BE postcode.

Flat
- The average price is around £116,388 median price is £109,995 Standard Deviation is £52,087 with Total Sold: 1,829
- The Last 5 Year average price is £146,089 with Total Sold: 243
- The most recent sale happened at this postcode is FLAT 1, AUCTION HOUSE COURTYARD, 25 JOHN STREET: £120,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is 4, HOUGHTON MEWS WINDSOR STREET: £23,000 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £141,595 median price is £122,500 Standard Deviation is £92,754 with Total Sold: 194
- The Last 5 Year average price is £257,250 with Total Sold: 18
- The most recent sale happened at this postcode is , 37 MAY STREET: £245,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 48 MAY STREET: £20,000 (Sold on 06 Mar 1995)
Other
- The average price is around £607,265 median price is £71,950 Standard Deviation is £2,308,865 with Total Sold: 574
- The Last 5 Year average price is £1,236,663 with Total Sold: 152
- The most recent sale happened at this postcode is , 42 HASTINGS STREET: £485,000 (Sold on 11 Jun 2024)
- The first recorded sale happened at this postcode is , 28 KING STREET: £285,000 (Sold on 12 Nov 2013)
Terraced
- The average price is around £114,840 median price is £112,000 Standard Deviation is £68,521 with Total Sold: 1,318
- The Last 5 Year average price is £223,502 with Total Sold: 139
- The most recent sale happened at this postcode is , 46 STRATHMORE AVENUE: £225,000 (Sold on 13 May 2024)
- The first recorded sale happened at this postcode is , 10 TAVISTOCK STREET: £34,995 (Sold on 31 Jan 1995)
Detached
- The average price is around £238,515 median price is £240,000 Standard Deviation is £141,834 with Total Sold: 63
- The Last 5 Year average price is £379,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 33 HIBBERT STREET: £269,000 (Sold on 31 Jan 2023)
- The first recorded sale happened at this postcode is , 83 PARK STREET: £82,000 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,706	£3,426	25
2023	£138,758	£3,129	23
2022	£152,868	£3,059	44
2021	£139,776	£2,705	34
2020	£147,054	£3,210	38
2019	£153,782	£3,224	79
2018	£137,618	£4,299	338
2017	£108,902	£3,737	312
2016	£112,624	£2,686	67
2015	£109,157	£2,165	95
2014	£83,832	£1,834	42
2013	£73,783	£1,493	23
2012	£88,923	£1,572	13
2011	£65,646	£1,413	12
2010	£102,188	£2,016	32
2009	£98,219	£1,902	16
2008	£110,010	£2,582	46
2007	£152,012	£3,044	218
2006	£108,578	£2,413	79
2005	£98,662	£2,042	41
2004	£121,125	£2,597	26
2003	£91,028	£1,654	66
2002	£64,317	£1,391	44
2001	£47,906	£1,106	21
2000	£52,394	£954	14
1999	£37,339	£666	28
1998	£32,647	£532	17
1997	£25,006	£526	9
1996	£22,387	£585	12
1995	£21,327	£514	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,500		2
2023	£282,000	£3,314	4
2022	£280,500	£3,460	2
2020	£276,667	£2,033	3
2019	£238,071	£2,641	7
2017	£290,455	£2,962	11
2015	£157,500	£2,205	1
2014	£10,000		1
2013	£145,000		1
2011	£235,000	£2,730	2
2010	£125,625	£1,718	4
2009	£142,000	£1,806	3
2008	£219,700	£1,860	5
2007	£172,079	£2,729	12
2006	£152,653	£1,720	14
2005	£135,961	£1,874	19
2004	£125,212	£1,963	16
2003	£153,100	£1,527	20
2002	£92,386	£1,617	11
2001	£98,359	£901	13
2000	£91,322	£1,345	13
1999	£58,927	£634	11
1998	£46,068	£418	6
1997	£35,699	£841	5
1996	£46,125	£592	4
1995	£53,488	£910	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£492,500		11
2023	£822,630	£163,371	29
2022	£447,233	£4,288	31
2021	£678,101	£11,569	31
2020	£677,507		20
2019	£3,675,448	£3,750	30
2018	£557,488	£1,867	91
2017	£259,950	£3,491	109
2016	£269,937	£1,389	174
2015	£800,427	£2,393	31
2014	£464,285		15
2013	£1,392,500		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,600		5
2023	£231,259	£3,060	27
2022	£248,462	£3,369	26
2021	£230,871	£3,242	32
2020	£211,428	£2,714	15
2019	£198,250	£2,664	34
2018	£199,347	£2,948	31
2017	£210,885	£2,980	41
2016	£183,724	£3,013	47
2015	£159,828	£2,194	29
2014	£132,456	£1,898	30
2013	£125,324	£1,780	23
2012	£125,808	£1,833	13
2011	£152,250	£1,796	16
2010	£118,789	£1,779	19
2009	£139,176	£1,591	17
2008	£144,793	£2,020	33
2007	£144,175	£1,814	45
2006	£139,165	£1,943	75
2005	£124,554	£1,751	60
2004	£123,641	£1,711	70
2003	£107,964	£1,566	76
2002	£84,110	£1,251	88
2001	£67,362	£977	65
2000	£62,535	£890	82
1999	£50,070	£685	85
1998	£44,337	£654	60
1997	£44,242	£547	62
1996	£36,841	£549	66
1995	£35,003	£509	46

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£269,000	£2,612	1
2020	£270,000		1
2019	£600,000		1
2017	£255,000		2
2016	£110,000	£3,929	1
2014	£155,000	£2,719	1
2011	£266,680		1
2010	£280,000		1
2009	£400,000		1
2008	£321,250		2
2007	£203,875	£1,231	4
2006	£273,333		3
2005	£263,444	£1,350	9
2004	£311,250	£5,598	8
2003	£458,000		5
2002	£183,600	£1,485	5
2001	£106,667	£909	3
2000	£135,000		1
1999	£106,167	£623	3
1998	£66,560	£371	4
1997	£235,000		1
1996	£137,500		2
1995	£89,667		3

House Type in LU1 3BE area

The most common house types in the LU1 3BE postcode area are Flat (92), Semi-detached (11), and Terraced (7).

Total	117
Flat	92
Semi-detached	11
Terraced	7
Detached	5
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (37), and Social rented: Rents from council or Local Authority (31).

Social rented: Other social rented	37
Social rented: Rents from council or Local Authority	31
Private rented: Private landlord or letting agency	24
Owned: Owns with a mortgage or loan	18
Owned: Owns outright	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0

Number of People in a Household

The most houses in the LU1 3BE have 1 person in household (52), and 2 people in household (26).

1 person in household	52
2 people in household	26
4 people in household	15
3 people in household	11
5 people in household	7
7 people in household	4
6 people in household	3
0 people in household	0
8 or more people in household	0