Housing Market Analysis for SPENCER ROAD, LU3 1JT

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

Overview of Sold House prices

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

Terraced
- The average price is around £99,365 median price is £108,000 Standard Deviation is £57,670 with Total Sold: 63
- The Last 5 Year average price is £198,583 with Total Sold: 6
- The most recent sale happened at this postcode is 83 SPENCER ROAD: £220,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 67 SPENCER ROAD: £225,000 (Sold on 16 Feb 2024)
Semi-Detached
- The average price is around £105,500 median price is £105,000 Standard Deviation is £14,905 with Total Sold: 3
- The most recent sale happened at this postcode is 31 SPENCER ROAD: £124,000 (Sold on 17 Dec 2004)
- The first recorded sale happened at this postcode is 53 SPENCER ROAD: £87,500 (Sold on 20 Dec 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 1JT 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£220,000	£3,143	1
2021	£192,500	£2,674	1
2020	£202,500	£2,793	2
2019	£149,000	£1,547	1
2017	£232,000	£2,829	1
2016	£170,500	£2,564	2
2015	£160,000	£2,105	1
2014	£132,000	£2,129	1
2012	£106,000	£1,232	3
2011	£120,000	£1,681	1
2010	£119,250	£1,583	2
2008	£149,000	£1,547	1
2007	£141,500	£1,419	6
2006	£95,833	£1,245	3
2005	£118,000	£1,662	3
2004	£124,750	£1,463	4
2003	£99,250	£1,254	4
2002	£64,000	£914	1
2001	£62,374	£818	4
2000	£45,500	£637	1
1999	£39,315	£384	3
1998	£34,667	£500	3
1997	£31,600	£299	5
1996	£36,270	£428	4
1995	£26,875	£358	4
2024	£225,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£114,500	£1,636	2
2002	£87,500	£1,306	1

All the Sales in the SPENCER ROAD, LU3 1JT

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

Address	Sold Date	Price	% Change
83 SPENCER ROADTerraced, FreeholdArea: 70 Sq.mtrAge: before 1900	28 Jul 2023	£220,000	243.75%
	03 Jan 2002	£64,000	First Sale
75 SPENCER ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	10 Jun 2021	£192,500	200.78%
	23 Nov 2001	£64,000	First Sale
5 SPENCER ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	05 May 2020	£215,000	First Sale
71 SPENCER ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	20 Feb 2020	£190,000	68.14%
	09 Sep 2005	£113,000	232.35%
	10 Mar 1998	£34,000	First Sale
49 SPENCER ROADTerraced, FreeholdArea: 96.3 Sq.mtrAge: 1900-1929	01 Aug 2019	£149,000	0.0
	23 May 2008	£149,000	6.43%
	14 Sep 2004	£140,000	229.41%
	03 Dec 1996	£42,500	First Sale
7 SPENCER ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	09 Nov 2017	£232,000	88.62%
	07 May 2004	£123,000	11.82%
	27 May 2003	£110,000	First Sale
61 SPENCER ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1900-1929	02 Dec 2016	£171,000	First Sale
53 SPENCER ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	27 Jan 2016	£170,000	94.29%
	20 Dec 2002	£87,500	First Sale
17 SPENCER ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	11 Sep 2015	£160,000	First Sale
67 SPENCER ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 1900-1929	06 Jun 2014	£132,000	-41.33%
	16 Feb 2024	£225,000	First Sale
73 SPENCER ROADTerraced, FreeholdArea: 85.85 Sq.mtrAge: 1900-1929	06 Dec 2012	£119,000	-0.83%
	29 Jan 2010	£120,000	264.19%
	29 Jan 1999	£32,950	60.73%
	16 Oct 1997	£20,500	First Sale
37 SPENCER ROADTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	14 Sep 2012	£105,000	First Sale
23 SPENCER ROADTerraced, FreeholdArea: 79.52 Sq.mtrAge: before 1900	22 Mar 2012	£94,000	First Sale
69 SPENCER ROADTerraced, FreeholdArea: 71.39 Sq.mtrAge: before 1900	21 Jul 2011	£120,000	163.74%
	14 Mar 2000	£45,500	68.52%
	28 Nov 1997	£27,000	First Sale
85 SPENCER ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	23 Feb 2010	£118,500	3.95%
	15 Nov 2004	£114,000	First Sale
43 SPENCER ROADTerraced, Freehold	12 Dec 2007	£137,500	141.23%
43 SPENCER ROADTerraced, Freehold	21 Dec 2001	£57,000	First Sale
65 SPENCER ROADTerraced, Freehold	21 Jun 2007	£150,000	First Sale
63 SPENCER ROADTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	11 May 2007	£145,000	First Sale
57 SPENCER ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1900-1929	20 Mar 2007	£130,500	First Sale
3 SPENCER ROADTerraced, Freehold	02 Mar 2007	£143,000	191.87%
	10 Dec 1999	£48,995	81.46%
	17 Feb 1995	£27,000	First Sale
21 SPENCER ROADTerraced, Freehold	27 Feb 2007	£143,000	First Sale
15 SPENCER ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	11 Aug 2006	£110,000	30.95%
	17 Oct 2003	£84,000	First Sale
77 SPENCER ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	10 May 2006	£85,000	240.00%
	19 Jun 1995	£25,000	First Sale
19 SPENCER ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	20 Feb 2006	£92,500	-14.35%
	10 Apr 2003	£108,000	First Sale
13 SPENCER ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	29 Jul 2005	£120,000	242.86%
	12 Oct 1995	£35,000	70.73%
	20 Jan 1995	£20,500	First Sale
59 SPENCER ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	16 Mar 2005	£121,000	First Sale
31 SPENCER ROADSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1900-1929	17 Dec 2004	£124,000	18.10%
	15 Jul 2004	£105,000	First Sale
9 SPENCER ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1900-1929	14 Apr 2004	£122,000	First Sale
35 SPENCER ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	11 Mar 2003	£95,000	90.02%
	22 Oct 2001	£49,995	First Sale
87 SPENCER ROADTerraced, Freehold	02 Nov 2001	£78,500	130.88%
87 SPENCER ROADTerraced, Freehold	31 Jan 1997	£34,000	First Sale
33 SPENCER ROADTerraced, Freehold	23 Jul 1999	£36,000	14.00%
33 SPENCER ROADTerraced, Freehold	31 Jul 1996	£31,580	First Sale
47 SPENCER ROADTerraced, Freehold	19 Jun 1998	£41,500	0.0
47 SPENCER ROADTerraced, Freehold	31 May 1996	£41,500	First Sale
51 SPENCER ROADTerraced, Freehold	13 Jan 1998	£28,500	First Sale
55 SPENCER ROADTerraced, FreeholdArea: 132 Sq.mtrAge: 1900-1929	01 Sep 1997	£46,000	50.82%
	28 Feb 1997	£30,500	First Sale
27 SPENCER ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	22 Mar 1996	£29,500	First Sale

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

SPENCER ROAD, LU3 1JT Near By properties

Interactive Map

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

Terraced
- The average price is around £104,784 median price is £96,650 Standard Deviation is £68,122 with Total Sold: 2,036
- The Last 5 Year average price is £221,396 with Total Sold: 178
- The most recent sale happened at this postcode is , 61 DORRINGTON CLOSE: £235,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 66 NORMAN ROAD: £25,000 (Sold on 11 Jan 1995)
Detached
- The average price is around £241,887 median price is £224,000 Standard Deviation is £143,673 with Total Sold: 187
- The Last 5 Year average price is £456,263 with Total Sold: 19
- The most recent sale happened at this postcode is , 36 LANSDOWNE ROAD: £600,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 87 BISCOT ROAD: £50,000 (Sold on 14 Feb 1995)
Semi-Detached
- The average price is around £145,990 median price is £128,000 Standard Deviation is £91,697 with Total Sold: 1,439
- The Last 5 Year average price is £305,610 with Total Sold: 129
- The most recent sale happened at this postcode is , 17 ALEXANDRA AVENUE: £395,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 55 LINCOLN ROAD: £32,000 (Sold on 03 Jan 1995)
Flat
- The average price is around £84,107 median price is £85,000 Standard Deviation is £43,315 with Total Sold: 495
- The Last 5 Year average price is £117,366 with Total Sold: 44
- The most recent sale happened at this postcode is , 4A DENBIGH ROAD: £110,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 66 THE RIDINGS: £23,000 (Sold on 28 Mar 1995)
Other
- The average price is around £454,850 median price is £300,000 Standard Deviation is £516,249 with Total Sold: 22
- The Last 5 Year average price is £614,761 with Total Sold: 13
- 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)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£241,750		10
2023	£233,680	£3,363	30
2022	£241,724	£3,512	29
2021	£216,244	£3,198	43
2020	£204,222	£2,816	27
2019	£209,179	£2,628	39
2018	£212,783	£2,711	30
2017	£206,382	£2,577	34
2016	£193,302	£2,579	45
2015	£153,681	£2,117	47
2014	£128,126	£1,817	56
2013	£129,850	£1,628	26
2012	£131,148	£1,757	32
2011	£129,519	£1,823	27
2010	£137,584	£1,762	38
2009	£135,019	£1,525	29
2008	£146,026	£1,761	48
2007	£146,519	£1,891	82
2006	£132,153	£1,717	98
2005	£131,154	£1,720	84
2004	£131,631	£1,653	120
2003	£102,109	£1,407	126
2002	£82,376	£1,055	142
2001	£59,926	£840	124
2000	£52,960	£766	132
1999	£42,282	£571	129
1998	£37,908	£523	110
1997	£33,370	£440	108
1996	£31,311	£415	113
1995	£34,401	£445	78

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£497,500	£2,821	2
2023	£491,250	£3,278	4
2022	£283,000	£3,410	1
2021	£383,333	£3,390	6
2020	£445,000	£2,634	3
2019	£597,000	£2,789	3
2018	£452,000	£3,703	4
2017	£365,000	£3,202	1
2016	£374,153	£3,058	4
2015	£307,143	£2,549	7
2014	£357,000	£2,216	4
2013	£237,800	£2,214	5
2012	£350,000	£2,397	1
2011	£337,812	£1,874	4
2010	£265,333	£1,510	3
2009	£204,000	£3,583	3
2008	£325,825	£2,568	6
2007	£275,042	£1,814	6
2006	£278,615	£2,689	13
2005	£263,999	£2,783	9
2004	£268,762	£1,862	13
2003	£214,842	£1,494	13
2002	£170,770	£1,645	10
2001	£154,500	£1,090	8
2000	£139,982	£979	11
1999	£140,714	£1,191	7
1998	£100,345	£865	13
1997	£101,038	£616	12
1996	£136,357	£343	7
1995	£47,000	£1,381	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£342,143		7
2023	£332,438	£3,315	29
2022	£326,833	£3,566	18
2021	£300,524	£2,667	35
2020	£288,754	£2,716	19
2019	£261,919	£2,927	21
2018	£279,250	£2,971	29
2017	£274,761	£2,678	32
2016	£247,808	£2,927	24
2015	£198,200	£2,303	32
2014	£205,452	£1,971	26
2013	£171,750	£1,884	19
2012	£188,845	£2,111	22
2011	£177,285	£1,789	26
2010	£171,742	£1,843	31
2009	£156,988	£1,619	28
2008	£172,238	£1,739	40
2007	£179,061	£1,867	71
2006	£184,469	£1,882	81
2005	£167,227	£1,766	73
2004	£149,473	£1,521	85
2003	£129,418	£1,449	95
2002	£111,549	£1,201	97
2001	£89,870	£966	93
2000	£78,925	£782	63
1999	£63,652	£686	73
1998	£52,602	£573	79
1997	£50,676	£470	61
1996	£48,948	£480	64
1995	£52,392	£432	66

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,917	£3,256	6
2023	£126,167	£2,556	6
2022	£123,000	£2,838	4
2021	£120,054	£2,156	9
2020	£110,888	£2,422	8
2019	£110,000	£2,255	11
2018	£127,000	£2,922	14
2017	£117,988	£2,490	41
2016	£129,419	£2,473	37
2015	£99,288	£2,022	13
2014	£85,645	£2,034	10
2013	£66,667	£1,773	3
2012	£89,667	£1,636	3
2011	£82,300	£1,365	5
2010	£59,417	£1,420	6
2009	£87,000	£1,933	5
2008	£105,833	£2,266	6
2007	£125,245	£2,511	49
2006	£94,275	£2,052	18
2005	£94,423	£1,887	13
2004	£90,318	£1,877	22
2003	£77,749	£1,584	32
2002	£65,330	£1,311	33
2001	£54,849	£1,015	27
2000	£40,618	£861	32
1999	£30,727	£678	25
1998	£26,319	£586	18
1997	£23,340	£501	15
1996	£23,097	£430	15
1995	£22,111	£408	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£710,000		1
2023	£863,333		3
2022	£823,333		3
2021	£385,000		1
2020	£596,250		2
2019	£214,798	£365	3
2018	£425,000	£9,231	2
2017	£223,662	£2,088	5
2016	£40,000		1
2013	£6,500		1

House Type in LU3 1JT area

The most common house types in the LU3 1JT postcode area are Terraced (59), Semi-detached (20), and Shared house (6).

Total	93
Terraced	59
Semi-detached	20
Shared house	6
Detached	5
Flat	3
converted building	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 (47), and Owned: Owns with a mortgage or loan (24).

Private rented: Private landlord or letting agency	47
Owned: Owns with a mortgage or loan	24
Owned: Owns outright	13
Social rented: Other social rented	6
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LU3 1JT have 1 person in household (21), and 5 people in household (20).

1 person in household	21
5 people in household	20
4 people in household	19
3 people in household	13
2 people in household	11
6 people in household	11
7 people in household	2
0 people in household	0
8 or more people in household	0