Housing Market Analysis for PARK TERRACE, LU1 3HN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £184,581 median price is £98,742 Standard Deviation is £124,050 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 PARK TERRACE: £360,000 (Sold on 08 Mar 2005)
    • The first recorded sale happened at this postcode is 2 PARK TERRACE: £95,000 (Sold on 18 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 3HN 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£360,0001
1998£98,7421
1996£95,0001

All the Sales in the PARK TERRACE, LU1 3HN

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

AddressSold DatePrice% Change
1 PARK TERRACEDetached, Freehold08 Mar 2005£360,000First Sale
2 PARK TERRACEDetached, Freehold24 Dec 1998£98,7423.94%
18 Oct 1996£95,000First Sale

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

PARK TERRACE, LU1 3HN Near By properties

Interactive Map

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

  • Flat
    • The average price is around £123,933 median price is £125,000 Standard Deviation is £55,631 with Total Sold: 1,220
    • The Last 5 Year average price is £154,811 with Total Sold: 166
    • 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 FLAT 2, WOODLAND COURT HART HILL DRIVE: £12,500 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £164,176 median price is £145,000 Standard Deviation is £99,556 with Total Sold: 353
    • The Last 5 Year average price is £298,676 with Total Sold: 59
    • 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)
  • Other
    • The average price is around £1,610,302 median price is £323,750 Standard Deviation is £5,226,432 with Total Sold: 142
    • The Last 5 Year average price is £2,434,158 with Total Sold: 70
    • 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 , 127 - 135 PARK STREET: £62,500 (Sold on 27 Jan 2014)
  • Terraced
    • The average price is around £119,650 median price is £111,000 Standard Deviation is £79,866 with Total Sold: 759
    • The Last 5 Year average price is £248,590 with Total Sold: 87
    • 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 , 47 CAMBRIDGE STREET: £45,000 (Sold on 21 Jan 1995)
  • Detached
    • The average price is around £319,439 median price is £300,000 Standard Deviation is £176,580 with Total Sold: 117
    • The Last 5 Year average price is £485,439 with Total Sold: 35
    • 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 , 61 CRAWLEY GREEN ROAD: £72,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,406 £3,631 16
2023£166,950 £3,326 20
2022£164,156 £3,090 27
2021£146,320 £2,571 25
2020£150,469 £2,935 16
2019£154,571 £3,122 62
2018£175,714 £4,364 198
2017£171,831 £3,697 103
2016£134,450 £2,628 40
2015£106,620 £2,011 66
2014£86,180 £1,913 28
2013£73,618 £1,522 17
2012£83,214 £1,580 14
2011£67,523 £1,193 11
2010£95,412 £1,727 17
2009£90,231 £1,649 13
2008£122,424 £2,646 27
2007£151,888 £2,711 166
2006£101,888 £2,114 56
2005£101,587 £1,864 26
2004£116,079 £2,343 19
2003£85,384 £1,625 61
2002£63,371 £1,226 51
2001£47,450 £864 26
2000£41,448 £828 30
1999£32,100 £596 22
1998£25,225 £483 20
1997£26,474 £483 10
1996£22,767 £483 17
1995£23,481 £463 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,3336
2023£314,500 £3,633 6
2022£315,700 £3,521 10
2021£296,031 £3,171 13
2020£292,590 £3,226 11
2019£295,922 £3,205 13
2018£328,926 £3,682 14
2017£250,429 £3,195 7
2016£273,000 £3,360 7
2015£192,668 £2,389 9
2014£182,624 £2,069 8
2013£182,800 £2,028 5
2012£141,750 £1,843 2
2011£202,500 £1,530 5
2010£142,849 £1,522 7
2009£140,500 £1,716 6
2008£143,312 £1,865 8
2007£180,875 £2,021 12
2006£157,520 £1,875 25
2005£152,972 £1,842 18
2004£145,026 £1,693 15
2003£161,146 £1,517 24
2002£102,669 £1,235 20
2001£85,917 £981 12
2000£79,699 £1,197 20
1999£71,629 £767 22
1998£53,529 £753 14
1997£60,729 £666 12
1996£46,241 £560 11
1995£47,545 £526 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,6254
2023£702,1258
2022£1,021,703 £4,895 17
2021£2,079,930 £11,569 15
2020£4,280,00010
2019£4,495,230 £2,739 16
2018£853,47816
2017£298,604 £4,054 14
2016£1,310,200 £1,389 22
2015£704,72515
2014£208,0905
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,2005
2023£236,233 £3,144 15
2022£237,618 £3,312 17
2021£221,031 £3,033 16
2020£336,049 £3,103 17
2019£212,000 £2,801 17
2018£258,373 £3,231 22
2017£224,664 £2,911 14
2016£189,560 £3,075 31
2015£172,219 £2,169 16
2014£137,897 £1,751 20
2013£126,554 £1,742 14
2012£136,333 £1,821 9
2011£150,688 £1,630 8
2010£115,946 £1,577 13
2009£134,591 £1,421 11
2008£137,000 £1,887 16
2007£137,822 £1,765 26
2006£132,169 £1,893 34
2005£118,602 £1,654 27
2004£121,975 £1,669 50
2003£109,401 £1,500 35
2002£86,067 £1,213 52
2001£68,749 £961 33
2000£66,057 £890 56
1999£51,440 £696 52
1998£43,441 £563 34
1997£44,166 £529 30
1996£35,739 £564 42
1995£35,376 £445 27
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,0001
2023£542,500 £4,374 2
2022£469,496 £4,324 4
2021£461,371 £4,340 4
2020£497,495 £4,429 20
2019£426,748 £3,730 4
2018£477,450 £4,348 11
2017£319,100 £2,876 2
2016£338,000 £7,348 1
2015£422,500 £3,252 2
2014£433,750 £2,794 2
2012£259,250 £1,808 2
2011£266,6801
2008£250,0001
2007£236,600 £3,365 5
2006£216,700 £2,055 5
2005£248,187 £2,714 8
2004£284,582 £3,107 6
2003£303,143 £962 7
2002£154,643 £2,656 7
2001£115,875 £949 4
2000£216,750 £1,470 2
1999£87,800 £772 5
1998£49,298 £497 4
1997£89,995 £1,071 1
1996£137,5002
1995£86,500 £725 4

House Type in LU1 3HN area

The most common house types in the LU1 3HN postcode area are Flat (96), Terraced (12), and Semi-detached (10).

Total129
Flat96
Terraced12
Semi-detached10
Shared house8
commercial building2
converted building1
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (89), and Social rented: Other social rented (26).

Private rented: Private landlord or letting agency89
Social rented: Other social rented26
Social rented: Rents from council or Local Authority6
Owned: Owns outright4
Owned: Owns with a mortgage or loan3
Shared ownership: Shared ownership2
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LU1 3HN have 1 person in household (84), and 2 people in household (17).

1 person in household84
2 people in household17
3 people in household13
4 people in household9
5 people in household2
6 people in household1
7 people in household1
8 or more people in household1
0 people in household0