Housing Market Analysis for LU1 3BU

Are you looking to understand LU1 3BU 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 3BU area, explore the LU1 3BU Area information page.
For comprehensive crime statistics in the LU1 3BU area, explore the LU1 3BU Crime Rates page.

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU1 3BU 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.

    All the Sales in the LU1 3BU

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

    AddressSold DatePrice% Change

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

    LU1 3BU Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the LU1 3BU 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 3BU postcode.

    • Flat
      • The average price is around £116,921 median price is £109,995 Standard Deviation is £51,642 with Total Sold: 1,451
      • The Last 5 Year average price is £151,426 with Total Sold: 185
      • The most recent sale happened at this postcode is FLAT 17, BRACHE COURT SEYMOUR ROAD: £141,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is FLAT 7, WAYNES COURT JOHN STREET: £20,000 (Sold on 17 Mar 1995)
    • Semi-Detached
      • The average price is around £152,649 median price is £140,000 Standard Deviation is £86,133 with Total Sold: 599
      • The Last 5 Year average price is £286,464 with Total Sold: 83
      • 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 , 5 ALTON ROAD: £60,000 (Sold on 20 Jan 1995)
    • Terraced
      • The average price is around £116,425 median price is £115,000 Standard Deviation is £67,865 with Total Sold: 1,902
      • The Last 5 Year average price is £228,032 with Total Sold: 197
      • The most recent sale happened at this postcode is , 155 CUTENHOE ROAD: £412,000 (Sold on 03 Jun 2024)
      • The first recorded sale happened at this postcode is , 158 COWPER STREET: £40,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £659,149 median price is £64,950 Standard Deviation is £3,191,493 with Total Sold: 466
      • The Last 5 Year average price is £1,798,585 with Total Sold: 109
      • The most recent sale happened at this postcode is SUITE S2, LONDON PARK HOUSE, 146 - 158 PARK STREET: £44,000 (Sold on 03 Jun 2024)
      • The first recorded sale happened at this postcode is , WESLEY HOUSE, 19 CHAPEL STREET: £2,500,000 (Sold on 26 Nov 2013)
    • Detached
      • The average price is around £230,307 median price is £225,500 Standard Deviation is £131,102 with Total Sold: 73
      • The Last 5 Year average price is £368,875 with Total Sold: 8
      • The most recent sale happened at this postcode is , 9 ALTON ROAD: £525,000 (Sold on 09 Feb 2024)
      • 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£129,433 £3,426 20
    2023£147,724 £3,253 22
    2022£166,767 £3,232 26
    2021£148,015 £2,831 27
    2020£142,650 £3,141 20
    2019£156,997 £3,300 70
    2018£138,626 £4,363 320
    2017£107,503 £3,702 303
    2016£108,606 £2,663 50
    2015£109,536 £2,142 67
    2014£85,654 £2,050 23
    2013£80,246 £1,315 13
    2012£77,286 £1,348 7
    2011£67,432 £1,345 11
    2010£99,615 £2,037 26
    2009£97,153 £1,928 16
    2008£119,182 £2,608 30
    2007£153,039 £2,740 161
    2006£88,937 £1,873 25
    2005£93,447 £1,736 19
    2004£90,500 £1,843 10
    2003£90,065 £1,710 53
    2002£69,125 £1,261 35
    2001£49,295 £975 15
    2000£45,162 £1,076 14
    1999£32,784 £606 19
    1998£25,900 £504 15
    1997£25,149 £541 9
    1996£22,928 £529 14
    1995£23,027 £555 11
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£281,7147
    2023£303,500 £3,496 11
    2022£315,600 £3,696 15
    2021£298,500 £3,178 24
    2020£245,500 £2,893 11
    2019£257,833 £2,857 15
    2018£279,571 £3,009 7
    2017£270,167 £3,126 12
    2016£257,267 £3,100 15
    2015£209,567 £2,481 15
    2014£197,366 £2,030 15
    2013£190,333 £2,163 6
    2012£202,500 £2,282 2
    2011£180,845 £1,672 10
    2010£142,245 £1,677 10
    2009£144,444 £1,650 9
    2008£143,038 £1,854 13
    2007£176,369 £2,090 27
    2006£158,696 £1,837 39
    2005£148,200 £1,732 36
    2004£145,583 £1,849 40
    2003£151,869 £1,523 42
    2002£106,470 £1,227 39
    2001£86,733 £1,000 30
    2000£84,292 £1,103 27
    1999£69,125 £735 41
    1998£54,708 £702 26
    1997£54,563 £722 27
    1996£46,935 £566 14
    1995£46,857 £512 14
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£243,077 £2,874 13
    2023£235,486 £3,075 35
    2022£246,712 £3,307 33
    2021£229,143 £3,203 48
    2020£225,184 £2,699 24
    2019£203,989 £2,746 44
    2018£208,616 £2,930 54
    2017£221,488 £3,026 57
    2016£190,934 £2,910 63
    2015£166,771 £2,246 48
    2014£145,896 £1,909 40
    2013£124,772 £1,725 45
    2012£131,288 £1,747 33
    2011£140,662 £1,758 23
    2010£120,993 £1,648 30
    2009£131,517 £1,664 29
    2008£143,312 £2,043 39
    2007£144,293 £1,949 66
    2006£132,424 £1,806 90
    2005£122,253 £1,729 86
    2004£122,945 £1,697 106
    2003£110,553 £1,566 99
    2002£87,068 £1,241 118
    2001£70,465 £953 103
    2000£63,661 £878 117
    1999£50,090 £712 123
    1998£44,842 £634 95
    1997£42,413 £573 85
    1996£35,996 £519 90
    1995£35,828 £489 66
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£437,5008
    2023£334,223 £696 21
    2022£764,767 £4,332 26
    2021£1,628,068 £11,569 17
    2020£2,955,567 £5,757 15
    2019£4,256,022 £3,155 22
    2018£548,239 £1,355 77
    2017£111,725 £4,222 93
    2016£254,887 £676 163
    2015£739,117 £1,395 16
    2014£377,2077
    2013£2,500,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£525,0001
    2023£269,000 £2,612 1
    2022£355,000 £3,901 1
    2021£340,000 £3,051 1
    2020£270,0001
    2019£397,333 £3,320 3
    2018£325,000 £2,916 1
    2017£278,333 £2,196 3
    2016£224,000 £5,638 2
    2015£245,000 £2,450 1
    2014£155,000 £2,719 1
    2012£219,250 £1,921 2
    2011£266,6801
    2010£285,000 £2,602 2
    2009£400,0001
    2008£232,333 £1,669 3
    2007£223,100 £2,995 5
    2006£205,643 £1,968 7
    2005£249,666 £3,073 6
    2004£308,000 £3,086 5
    2003£347,600 £1,356 5
    2002£159,600 £2,969 5
    2001£112,000 £909 3
    1999£76,000 £772 4
    1998£54,414 £371 3
    1996£137,5002
    1995£91,333 £451 3

    House Type in LU1 3BU area

    The most common house types in the LU1 3BU postcode area are Flat (136), Terraced (37), and Semi-detached (4).

    Total179
    Flat136
    Terraced37
    Semi-detached4
    Detached2
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (112), and Social rented: Other social rented (37).

    Social rented: Rents from council or Local Authority112
    Social rented: Other social rented37
    Owned: Owns with a mortgage or loan12
    Private rented: Private landlord or letting agency8
    Owned: Owns outright6
    Lives rent free2
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the LU1 3BU have 1 person in household (119), and 2 people in household (38).

    1 person in household119
    2 people in household38
    3 people in household10
    4 people in household7
    5 people in household3
    6 people in household3
    0 people in household0
    7 people in household0
    8 or more people in household0