Housing Market Analysis for MALZEARD ROAD, LU3 1BN

Are you looking to understand LU3 1BN 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 LU3 1BN area, explore the LU3 1BN Area information page.
For comprehensive crime statistics in the LU3 1BN area, explore the LU3 1BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU3 1BN postcode area, The average prices are as follows,

Flat
- The average price is around £72,374 median price is £74,000 Standard Deviation is £30,531 with Total Sold: 35
- The Last 5 Year average price is £82,333 with Total Sold: 3
- The most recent sale happened at this postcode is 16, MALZEARD COURT MALZEARD ROAD: £91,000 (Sold on 09 Jul 2021)
- The first recorded sale happened at this postcode is 5, MALZEARD COURT MALZEARD ROAD: £32,000 (Sold on 12 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 1BN 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
2021	£86,500	£1,712	2
2019	£74,000	£1,314	1
2018	£137,000	£2,703	3
2017	£87,500	£2,917	1
2016	£75,000	£1,883	1
2014	£65,000	£1,327	1
2009	£73,000	£1,297	1
2008	£98,667	£2,383	3
2007	£95,600		1
2006	£89,500	£1,673	2
2005	£85,000		1
2004	£81,500	£1,647	2
2003	£74,000	£1,691	2
2002	£62,812	£1,415	4
2001	£39,625	£958	4
2000	£42,995	£915	1
1999	£33,125	£722	2
1997	£28,500	£808	2
1995	£32,000	£615	1

All the Sales in the MALZEARD ROAD, LU3 1BN

See the table below for more details on the sold house prices in the LU3 1BN, Luton postcode.

Address	Sold Date	Price	% Change
16, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-1966	09 Jul 2021	£91,000	1.11%
	29 Nov 2006	£90,000	73.08%
	02 Aug 2002	£52,000	First Sale
4, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1930-1949	05 Feb 2021	£82,000	5.13%
	13 Feb 2004	£78,000	First Sale
20, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 56.3 Sq.mtrAge: 1967-1975	28 Jun 2019	£74,000	1.37%
	28 Aug 2009	£73,000	-17.98%
	13 Jan 2006	£89,000	34.85%
	24 Oct 2002	£66,000	First Sale
3, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-1975	17 Oct 2018	£127,000	18.14%
	23 May 2008	£107,500	155.95%
	20 Oct 1997	£42,000	First Sale
7, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 51 Sq.mtrAge: 1967-1975	10 Oct 2018	£160,000	82.86%
	26 Nov 2008	£87,500	First Sale
6, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 1976-1982	29 Jun 2018	£124,000	90.77%
	15 May 2014	£65,000	-23.53%
	17 Dec 2004	£85,000	19.72%
	17 Apr 2003	£71,000	59.55%
	27 Apr 2001	£44,500	48.33%
	09 Jan 2001	£30,000	First Sale
22, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 30 Sq.mtrAge: 1967-1975	13 Apr 2017	£87,500	-13.37%
	18 Feb 2008	£101,000	57.20%
	04 Oct 2002	£64,250	60.62%
	29 Jun 2001	£40,000	First Sale
18, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 39.83 Sq.mtrAge: 1967-1975	04 Aug 2016	£75,000	-2.60%
	10 Jul 2003	£77,000	165.52%
	30 Nov 1999	£29,000	First Sale
14, MALZEARD COURT MALZEARD ROADFlat, Leasehold	19 Oct 2007	£95,600	12.47%
14, MALZEARD COURT MALZEARD ROADFlat, Leasehold	30 Nov 2005	£85,000	First Sale
5, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1976-1982	07 Aug 2002	£69,000	85.23%
	30 Jul 1999	£37,250	16.41%
	12 Jun 1995	£32,000	First Sale
12, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-1975	29 Jun 2001	£44,000	First Sale
10, MALZEARD COURT MALZEARD ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1950-1966	17 Nov 2000	£42,995	First Sale
8, MALZEARD COURT MALZEARD ROADFlat, Leasehold	24 Oct 1997	£15,000	First Sale

Check out the sold house prices near the LU3 1BN postcode. Properties currently for saleProperties currently for rent

MALZEARD ROAD, LU3 1BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU3 1BN 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 LU3 1BN postcode.

Flat
- The average price is around £97,274 median price is £95,000 Standard Deviation is £50,849 with Total Sold: 2,575
- The Last 5 Year average price is £159,186 with Total Sold: 271
- The most recent sale happened at this postcode is 3, AVON COURT AVONDALE ROAD: £100,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 31 BROOK STREET: £22,500 (Sold on 26 Jan 1995)
Terraced
- The average price is around £110,525 median price is £103,500 Standard Deviation is £71,620 with Total Sold: 1,991
- The Last 5 Year average price is £229,492 with Total Sold: 171
- The most recent sale happened at this postcode is , 39 WHITBY ROAD: £195,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 31 HIGHBURY ROAD: £25,000 (Sold on 07 Feb 1995)
Other
- The average price is around £468,134 median price is £192,656 Standard Deviation is £1,015,872 with Total Sold: 64
- The Last 5 Year average price is £482,230 with Total Sold: 32
- The most recent sale happened at this postcode is , 205A DUNSTABLE ROAD: £710,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 118 LEAGRAVE ROAD: £6,500 (Sold on 04 Oct 2013)
Semi-Detached
- The average price is around £149,086 median price is £127,500 Standard Deviation is £95,843 with Total Sold: 825
- The Last 5 Year average price is £310,906 with Total Sold: 79
- The most recent sale happened at this postcode is , 36 DORRINGTON CLOSE: £280,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 140 OLD BEDFORD ROAD: £67,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £256,118 median price is £240,000 Standard Deviation is £157,036 with Total Sold: 205
- The Last 5 Year average price is £472,538 with Total Sold: 32
- The most recent sale happened at this postcode is , 39 LYNCHETS ROAD: £530,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 87 BISCOT ROAD: £50,000 (Sold on 14 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£158,361	£3,022	18
2023	£164,852	£3,055	54
2022	£165,147	£3,100	53
2021	£163,674	£3,033	66
2020	£148,320	£3,357	30
2019	£147,639	£2,629	50
2018	£156,139	£3,096	61
2017	£144,600	£2,929	117
2016	£137,855	£2,657	127
2015	£126,489	£2,466	58
2014	£109,669	£2,180	77
2013	£102,854	£1,908	24
2012	£102,771	£2,000	21
2011	£106,162	£1,872	34
2010	£100,593	£1,884	34
2009	£92,031	£1,726	32
2008	£116,175	£2,418	67
2007	£125,364	£2,499	179
2006	£112,047	£2,275	136
2005	£120,821	£2,214	111
2004	£112,407	£2,188	147
2003	£87,946	£1,784	107
2002	£73,467	£1,439	163
2001	£60,289	£1,244	128
2000	£52,291	£1,037	130
1999	£42,352	£831	138
1998	£40,413	£811	126
1997	£40,791	£730	111
1996	£35,405	£684	103
1995	£35,624	£708	73

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,500	£2,689	6
2023	£245,012	£3,623	35
2022	£238,188	£3,183	32
2021	£218,107	£2,991	45
2020	£225,232	£2,851	28
2019	£217,580	£2,777	25
2018	£225,140	£2,627	38
2017	£208,191	£2,743	34
2016	£205,405	£2,556	37
2015	£159,964	£2,296	57
2014	£131,631	£1,876	54
2013	£129,752	£1,757	23
2012	£138,470	£1,645	34
2011	£127,000	£1,809	26
2010	£134,873	£1,808	32
2009	£140,018	£1,825	31
2008	£159,366	£1,840	41
2007	£145,668	£2,028	90
2006	£131,239	£1,782	109
2005	£138,422	£1,750	90
2004	£131,130	£1,788	132
2003	£106,873	£1,492	126
2002	£85,235	£1,088	141
2001	£62,858	£954	120
2000	£55,527	£810	118
1999	£46,852	£608	130
1998	£39,115	£542	100
1997	£34,985	£477	91
1996	£30,163	£422	108
1995	£33,848	£480	58

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£421,962	£2,821	5
2023	£676,750		4
2022	£219,300	£3,603	5
2021	£164,214	£1,587	8
2020	£1,209,900		5
2019	£430,971	£1,168	5
2018	£338,799	£4,147	12
2017	£966,510	£2,088	10
2016	£74,714	£2,623	7
2015	£134,500	£11,364	2
2013	£6,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£345,614		7
2023	£305,750	£3,324	14
2022	£392,571	£3,523	17
2021	£284,394	£2,581	19
2020	£263,250	£2,597	10
2019	£262,675	£2,821	12
2018	£265,531	£2,723	16
2017	£279,289	£2,796	19
2016	£261,154	£2,868	13
2015	£227,393	£2,445	15
2014	£203,448	£1,964	14
2013	£153,392	£1,618	6
2012	£176,210	£1,800	10
2011	£181,975	£1,860	20
2010	£165,182	£1,562	11
2009	£177,997	£1,746	17
2008	£180,735	£1,948	17
2007	£170,928	£2,093	42
2006	£190,306	£1,919	54
2005	£138,665	£1,749	38
2004	£151,249	£1,619	67
2003	£130,731	£1,488	59
2002	£104,396	£1,240	61
2001	£82,509	£1,032	52
2000	£91,806	£869	44
1999	£66,133	£670	57
1998	£52,976	£643	34
1997	£48,356	£419	16
1996	£52,518	£555	28
1995	£52,860	£445	36

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£433,400		3
2023	£489,714	£3,528	7
2022	£490,000	£4,282	8
2021	£432,500	£3,424	4
2020	£510,000	£2,632	3
2019	£459,000	£2,927	7
2018	£410,333	£2,479	3
2017	£455,625	£3,394	4
2016	£361,769	£2,902	6
2015	£285,000	£3,068	4
2014	£347,000	£2,245	5
2013	£250,214	£2,001	7
2011	£335,250	£2,046	5
2010	£324,000	£1,865	2
2009	£138,000	£765	3
2008	£315,990		5
2007	£220,550	£1,901	5
2006	£266,538	£2,499	13
2005	£268,730	£2,731	13
2004	£280,069	£1,890	13
2003	£202,996	£1,598	12
2002	£165,472	£1,914	11
2001	£205,600	£1,103	5
2000	£122,469	£992	16
1999	£121,500	£1,057	7
1998	£106,269	£875	13
1997	£94,195	£609	10
1996	£130,929	£449	7
1995	£44,500	£854	4

House Type in LU3 1BN area

The most common house types in the LU3 1BN postcode area are Flat (102), Shared house (38), and Detached (10).

Total	155
Flat	102
Shared house	38
Detached	10
converted building	4
Terraced	1
Semi-detached	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (101), and Social rented: Other social rented (17).

Private rented: Private landlord or letting agency	101
Social rented: Other social rented	17
Owned: Owns outright	16
Owned: Owns with a mortgage or loan	10
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	4
Shared ownership: Shared ownership	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LU3 1BN have 1 person in household (93), and 2 people in household (22).

1 person in household	93
2 people in household	22
3 people in household	17
4 people in household	12
5 people in household	6
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0