Housing Market Analysis for ESSEX CLOSE, LU1 3EJ

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

Overview of Sold House prices

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

Flat
- The average price is around £98,128 median price is £105,000 Standard Deviation is £57,781 with Total Sold: 23
- The Last 5 Year average price is £180,667 with Total Sold: 3
- The most recent sale happened at this postcode is 111 ESSEX CLOSE: £177,000 (Sold on 05 May 2023)
- The first recorded sale happened at this postcode is 121 ESSEX CLOSE: £31,000 (Sold on 25 Aug 1995)
Terraced
- The average price is around £88,246 median price is £89,000 Standard Deviation is £33,720 with Total Sold: 14
- The most recent sale happened at this postcode is 113 ESSEX CLOSE: £171,000 (Sold on 27 Feb 2018)
- The first recorded sale happened at this postcode is 113 ESSEX CLOSE: £28,000 (Sold on 09 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 3EJ 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
2023	£177,000	£2,493	1
2022	£182,500	£2,501	2
2018	£180,000	£2,720	1
2017	£170,000	£2,394	2
2015	£131,000	£1,845	1
2014	£107,500	£1,514	1
2013	£112,500	£1,585	2
2010	£114,000	£1,606	1
2009	£90,000	£1,268	1
2007	£115,000	£1,769	1
2006	£98,000	£1,225	1
2001	£52,495	£689	2
1999	£35,500	£500	2
1998	£33,000	£412	1
1997	£29,950	£422	1
1996	£22,250	£294	2
1995	£31,000	£437	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£171,000	£2,408	1
2009	£82,000	£1,155	1
2007	£108,500	£1,528	2
2006	£105,995	£1,493	1
2005	£105,000	£1,484	1
2004	£96,250	£1,357	2
2003	£83,000	£1,169	1
2002	£78,500	£1,107	2
2001	£57,000	£803	1
2000	£36,950	£520	1
1998	£28,000	£394	1

All the Sales in the ESSEX CLOSE, LU1 3EJ

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

Address	Sold Date	Price	% Change
111 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1967-1975	05 May 2023	£177,000	First Sale
94 ESSEX CLOSEFlat, LeaseholdArea: 75 Sq.mtrAge: 1967-1975	12 Dec 2022	£185,000	First Sale
93 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	15 Mar 2022	£180,000	50.00%
	14 Jun 2013	£120,000	7.14%
	29 Mar 2007	£112,000	34.94%
	14 Feb 2003	£83,000	45.61%
	20 Dec 2001	£57,000	54.26%
	24 Mar 2000	£36,950	First Sale
126 ESSEX CLOSEFlat, LeaseholdArea: 66.17 Sq.mtrAge: 1967-1975	15 Jun 2018	£180,000	First Sale
113 ESSEX CLOSETerraced, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	27 Feb 2018	£171,000	61.33%
	30 Jun 2006	£105,995	37.66%
	04 Nov 2002	£77,000	175.00%
	09 Apr 1998	£28,000	First Sale
108 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	04 Oct 2017	£170,000	88.89%
108 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	30 Jan 2009	£90,000	First Sale
107 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	16 Jun 2017	£170,000	First Sale
125 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	12 Jun 2015	£131,000	First Sale
115 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	23 Jun 2014	£107,500	2.38%
	20 Dec 2013	£105,000	7.69%
	12 Mar 2004	£97,500	First Sale
77 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	04 Jun 2010	£114,000	First Sale
82 ESSEX CLOSETerraced, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	31 Jul 2009	£82,000	First Sale
106 ESSEX CLOSEFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-1966	14 Dec 2007	£115,000	First Sale
109 ESSEX CLOSETerraced, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	05 Apr 2007	£105,000	First Sale
90 ESSEX CLOSEFlat, LeaseholdArea: 80.01 Sq.mtrAge: 1967-1975	24 Nov 2006	£98,000	78.20%
	20 Jul 2001	£54,995	66.65%
	29 Oct 1998	£33,000	32.00%
	12 Dec 1996	£25,000	First Sale
119 ESSEX CLOSETerraced, LeaseholdArea: 70.74 Sq.mtrAge: 1950-1966	08 Sep 2005	£105,000	First Sale
123 ESSEX CLOSETerraced, LeaseholdArea: 70.88 Sq.mtrAge: 1950-1966	19 Nov 2004	£95,000	18.75%
	01 Nov 2002	£80,000	First Sale
80 ESSEX CLOSEFlat, LeaseholdArea: 72.36 Sq.mtrAge: 1967-1975	05 Jan 2001	£49,995	First Sale
121 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	09 Jul 1999	£40,000	29.03%
	14 May 1999	£31,000	3.51%
	10 Oct 1997	£29,950	-3.39%
	25 Aug 1995	£31,000	First Sale
79 ESSEX CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	15 Jul 1996	£19,500	First Sale

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

ESSEX CLOSE, LU1 3EJ Near By properties

Interactive Map

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

Flat
- The average price is around £115,194 median price is £105,000 Standard Deviation is £50,386 with Total Sold: 1,363
- The Last 5 Year average price is £151,177 with Total Sold: 174
- 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 3, THE OLD BAKERY COWPER STREET: £31,000 (Sold on 07 Apr 1995)
Semi-Detached
- The average price is around £157,917 median price is £144,500 Standard Deviation is £89,717 with Total Sold: 745
- The Last 5 Year average price is £293,156 with Total Sold: 105
- 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 £118,132 median price is £115,000 Standard Deviation is £68,646 with Total Sold: 2,046
- The Last 5 Year average price is £229,240 with Total Sold: 218
- The most recent sale happened at this postcode is , 22 ST PAULS ROAD: £275,000 (Sold on 02 Aug 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 £549,928 median price is £64,950 Standard Deviation is £2,626,182 with Total Sold: 448
- The Last 5 Year average price is £1,487,724 with Total Sold: 102
- 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 £260,827 median price is £245,000 Standard Deviation is £149,533 with Total Sold: 88
- The Last 5 Year average price is £451,118 with Total Sold: 20
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£128,597	£3,426	17
2023	£143,996	£3,229	20
2022	£166,958	£3,229	25
2021	£147,830	£2,792	27
2020	£140,150	£3,085	20
2019	£158,005	£3,308	65
2018	£137,323	£4,437	306
2017	£95,694	£3,642	266
2016	£108,520	£2,650	49
2015	£109,529	£2,132	66
2014	£85,654	£2,050	23
2013	£80,246	£1,315	13
2012	£77,333	£1,259	6
2011	£67,432	£1,345	11
2010	£99,615	£2,037	26
2009	£97,153	£1,928	16
2008	£122,444	£2,650	28
2007	£153,408	£2,742	160
2006	£90,520	£1,869	22
2005	£94,472	£1,710	18
2004	£92,278	£1,901	9
2003	£90,813	£1,704	51
2002	£71,434	£1,251	32
2001	£49,816	£963	14
2000	£47,355	£1,104	12
1999	£34,327	£579	15
1998	£25,929	£504	14
1997	£25,149	£541	9
1996	£23,230	£536	13
1995	£23,330	£561	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,125		8
2023	£321,343	£3,413	18
2022	£322,000	£3,738	17
2021	£305,000	£3,156	30
2020	£254,433	£2,944	15
2019	£257,632	£2,883	17
2018	£293,778	£3,174	9
2017	£285,720	£3,164	25
2016	£259,722	£3,088	18
2015	£210,643	£2,491	21
2014	£203,405	£2,053	21
2013	£189,214	£2,156	7
2012	£218,333	£2,179	3
2011	£179,677	£1,678	11
2010	£146,704	£1,738	12
2009	£141,250	£1,651	10
2008	£141,533	£1,830	15
2007	£182,160	£2,039	34
2006	£161,455	£1,820	47
2005	£149,389	£1,749	41
2004	£147,689	£1,842	48
2003	£153,302	£1,569	48
2002	£108,007	£1,248	45
2001	£91,527	£1,033	37
2000	£84,652	£1,055	32
1999	£69,072	£732	47
1998	£57,357	£684	34
1997	£57,197	£705	34
1996	£48,417	£575	20
1995	£49,452	£518	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,188	£2,874	16
2023	£240,324	£3,107	37
2022	£247,903	£3,328	36
2021	£229,945	£3,147	57
2020	£221,090	£2,703	27
2019	£204,589	£2,742	45
2018	£208,884	£2,926	57
2017	£226,649	£3,035	69
2016	£192,714	£2,881	67
2015	£168,463	£2,234	54
2014	£147,374	£1,905	45
2013	£124,994	£1,724	45
2012	£132,208	£1,728	36
2011	£139,555	£1,708	27
2010	£121,288	£1,634	34
2009	£123,050	£1,656	30
2008	£144,150	£2,053	40
2007	£145,633	£1,955	71
2006	£133,188	£1,787	94
2005	£123,903	£1,708	90
2004	£124,691	£1,696	113
2003	£110,283	£1,544	107
2002	£88,360	£1,240	129
2001	£70,663	£957	107
2000	£63,642	£857	125
1999	£50,222	£710	133
1998	£45,794	£633	101
1997	£42,322	£569	92
1996	£35,337	£495	91
1995	£36,255	£485	71

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£452,857		7
2023	£301,040	£696	20
2022	£764,767	£4,332	26
2021	£1,628,068	£11,569	17
2020	£298,731	£5,757	13
2019	£4,795,393	£2,561	19
2018	£538,725		75
2017	£110,005	£4,222	91
2016	£177,316	£676	157
2015	£739,117	£1,395	16
2014	£340,075		6
2013	£2,500,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£525,000		1
2023	£487,720	£2,612	13
2022	£355,000	£3,901	1
2021	£340,000	£3,051	1
2020	£270,000		1
2019	£397,333	£3,320	3
2018	£325,000	£2,916	1
2017	£315,000	£2,914	4
2016	£224,000	£5,638	2
2015	£245,000	£2,450	1
2014	£155,000	£2,719	1
2013	£223,000	£1,906	1
2012	£219,250	£1,921	2
2011	£266,680		1
2010	£285,000	£2,602	2
2009	£400,000		1
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	£247,000	£1,356	4
2002	£159,600	£2,969	5
2001	£112,000	£909	3
1999	£73,600	£772	5
1998	£67,560	£579	4
1996	£137,500		2
1995	£91,333	£451	3

House Type in LU1 3EJ area

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

Total	179
Flat	136
Terraced	37
Semi-detached	4
Detached	2
Shared house	0
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: Rents from council or Local Authority (112), and Social rented: Other social rented (37).

Social rented: Rents from council or Local Authority	112
Social rented: Other social rented	37
Owned: Owns with a mortgage or loan	12
Private rented: Private landlord or letting agency	8
Owned: Owns outright	6
Lives rent free	2
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

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

1 person in household	119
2 people in household	38
3 people in household	10
4 people in household	7
5 people in household	3
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0