Housing Market Analysis for NEW BEDFORD ROAD, LU3 1NB

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

Overview of Sold House prices

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

Flat
- The average price is around £107,938 median price is £120,750 Standard Deviation is £50,488 with Total Sold: 34
- The Last 5 Year average price is £165,917 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 15, LAKEVIEW NEW BEDFORD ROAD: £157,000 (Sold on 22 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 17, LAKEVIEW NEW BEDFORD ROAD: £39,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 1NB 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
2024	£157,000		1
2022	£174,000	£3,169	2
2021	£164,500	£2,991	1
2020	£166,000	£3,132	1
2019	£160,000	£2,974	1
2018	£172,000	£3,140	1
2017	£166,500	£1,792	1
2016	£163,500	£3,054	2
2014	£121,000	£2,537	2
2013	£125,000	£2,323	1
2011	£107,500	£2,350	2
2009	£95,000	£1,759	1
2007	£128,250	£1,860	2
2006	£135,000	£2,464	1
2005	£133,000	£2,463	1
2004	£138,000	£2,604	1
2003	£107,000	£2,014	1
2002	£83,750	£1,848	2
1999	£49,998	£1,103	2
1998	£41,500	£798	1
1997	£36,362	£658	4
1996	£32,000	£584	1
1995	£37,975	£716	2

All the Sales in the NEW BEDFORD ROAD, LU3 1NB

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

Address	Sold Date	Price	% Change
FLAT 15, LAKEVIEW NEW BEDFORD ROADFlat, Leasehold	22 Mar 2024	£157,000	45.37%
	01 Jul 2011	£108,000	27.06%
	02 Oct 2002	£85,000	54.56%
	28 Oct 1999	£54,995	First Sale
FLAT 8, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1976-1982	30 Sep 2022	£170,000	309.64%
	28 Aug 1998	£41,500	12.31%
	19 Apr 1995	£36,950	First Sale
FLAT 14, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	28 Apr 2022	£178,000	394.44%
	11 Mar 1997	£36,000	First Sale
FLAT 11, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-1966	05 Jan 2021	£164,500	292.13%
	28 Nov 1997	£41,950	First Sale
FLAT 6, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 53 Sq.mtrAge: 1967-1975	17 Nov 2020	£166,000	20.29%
	21 Oct 2004	£138,000	67.27%
	11 Jul 2002	£82,500	First Sale
FLAT 21, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 53.8 Sq.mtrAge: 1967-1975	24 May 2019	£160,000	28.00%
	07 Jun 2013	£125,000	First Sale
FLAT 18, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 54.778 Sq.mtrAge: 1950-1966	23 Feb 2018	£172,000	27.41%
	28 Apr 2006	£135,000	200.00%
	28 Jun 1999	£45,000	20.00%
	27 Oct 1997	£37,500	17.19%
	28 Jun 1996	£32,000	First Sale
FLAT 19, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 92.92 Sq.mtrAge: 1967-1975	29 Aug 2017	£166,500	33.73%
	28 Sep 2007	£124,500	First Sale
FLAT 12, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 53.13 Sq.mtrAge: 1967-1975	31 Mar 2016	£170,000	58.88%
	07 Nov 2003	£107,000	256.67%
	31 Jan 1997	£30,000	First Sale
FLAT 16, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-1975	08 Mar 2016	£157,000	18.05%
	19 Aug 2005	£133,000	First Sale
FLAT 10, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 43 Sq.mtrAge: 1967-1975	30 May 2014	£125,000	First Sale
FLAT 7, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-1975	31 Jan 2014	£117,000	First Sale
FLAT 3, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-1966	19 Dec 2011	£107,000	First Sale
FLAT 17, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-1975	07 Aug 2009	£95,000	143.59%
	28 Feb 1995	£39,000	First Sale
FLAT 20, LAKEVIEW NEW BEDFORD ROADFlat, LeaseholdArea: 55.45 Sq.mtrAge: 1967-1975	02 Jul 2007	£132,000	First Sale

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

NEW BEDFORD ROAD, LU3 1NB Near By properties

Interactive Map

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

Terraced
- The average price is around £119,212 median price is £109,000 Standard Deviation is £75,510 with Total Sold: 907
- The Last 5 Year average price is £243,724 with Total Sold: 78
- 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 , 4 WARDOWN CRESCENT: £50,500 (Sold on 20 Jan 1995)
Detached
- The average price is around £288,695 median price is £250,000 Standard Deviation is £165,445 with Total Sold: 286
- The Last 5 Year average price is £484,112 with Total Sold: 51
- The most recent sale happened at this postcode is , 168 OLD BEDFORD ROAD: £456,000 (Sold on 25 Jul 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 £171,784 median price is £160,000 Standard Deviation is £100,315 with Total Sold: 1,042
- The Last 5 Year average price is £334,331 with Total Sold: 103
- 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 , 52 BLENHEIM CRESCENT: £59,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £104,373 median price is £107,000 Standard Deviation is £50,044 with Total Sold: 1,899
- The Last 5 Year average price is £166,385 with Total Sold: 214
- The most recent sale happened at this postcode is 29, BRAITHWAITE COURT MALZEARD ROAD: £171,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 1, VISCOUNT COURT KNIGHTS FIELD: £47,750 (Sold on 27 Jan 1995)
Other
- The average price is around £379,288 median price is £203,263 Standard Deviation is £378,773 with Total Sold: 32
- The Last 5 Year average price is £341,865 with Total Sold: 22
- The most recent sale happened at this postcode is , 104 OLD BEDFORD ROAD: £300,000 (Sold on 04 Apr 2024)
- The first recorded sale happened at this postcode is , 25A CROMWELL ROAD: £135,000 (Sold on 05 Oct 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,000	£2,689	2
2023	£263,562	£3,374	16
2022	£257,941	£3,318	17
2021	£227,361	£3,218	18
2020	£235,545	£3,103	11
2019	£231,786	£2,835	14
2018	£258,265	£2,919	17
2017	£210,833	£2,761	18
2016	£202,824	£2,636	17
2015	£168,940	£2,008	25
2014	£133,531	£2,027	19
2013	£124,778	£1,685	9
2012	£147,276	£1,630	19
2011	£137,300	£1,798	10
2010	£149,800	£1,623	10
2009	£145,240	£1,618	15
2008	£145,691	£1,701	17
2007	£152,430	£2,045	38
2006	£144,491	£1,847	49
2005	£148,489	£1,830	51
2004	£149,164	£1,755	69
2003	£115,829	£1,519	61
2002	£93,754	£1,195	58
2001	£64,596	£920	61
2000	£61,039	£883	58
1999	£48,786	£651	53
1998	£45,933	£611	45
1997	£38,098	£536	38
1996	£34,117	£471	50
1995	£33,895	£531	22

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£479,240		5
2023	£459,800	£3,782	10
2022	£531,731	£4,353	13
2021	£450,000	£3,683	6
2020	£487,000	£3,145	10
2019	£459,000	£2,927	7
2018	£440,000	£3,419	11
2017	£446,250	£3,142	6
2016	£363,702	£3,215	8
2015	£393,125	£2,775	8
2014	£328,571	£2,394	7
2013	£257,150	£2,213	10
2012	£350,000	£2,397	1
2011	£373,250	£2,273	7
2010	£332,000	£1,210	4
2009	£205,100	£1,782	5
2008	£322,325	£2,062	6
2007	£314,111	£2,087	9
2006	£261,647	£2,489	17
2005	£284,593	£2,509	16
2004	£282,464	£2,162	17
2003	£228,359	£1,689	11
2002	£191,113	£1,597	15
2001	£198,222	£1,352	9
2000	£143,828	£1,065	16
1999	£157,857	£1,337	7
1998	£113,823	£922	17
1997	£98,288	£739	12
1996	£133,150	£722	10
1995	£89,666	£651	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£316,550		6
2023	£355,441	£3,701	17
2022	£372,218	£3,597	17
2021	£344,805	£3,173	36
2020	£290,885	£3,061	13
2019	£283,721	£2,894	14
2018	£316,204	£3,064	27
2017	£310,175	£2,824	20
2016	£289,672	£3,202	27
2015	£235,430	£2,586	23
2014	£224,115	£2,140	24
2013	£188,300	£2,049	20
2012	£194,211	£2,048	17
2011	£210,728	£2,029	28
2010	£186,386	£1,874	22
2009	£185,144	£1,637	24
2008	£172,023	£1,775	22
2007	£210,519	£2,136	53
2006	£204,291	£2,014	60
2005	£177,943	£1,927	39
2004	£175,445	£1,776	62
2003	£140,291	£1,544	62
2002	£125,915	£1,382	81
2001	£106,291	£1,139	67
2000	£98,951	£992	50
1999	£75,521	£798	55
1998	£64,857	£693	40
1997	£56,766	£502	31
1996	£60,455	£586	41
1995	£61,942	£527	44

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,633	£3,069	15
2023	£185,840	£3,153	47
2022	£166,673	£3,313	45
2021	£159,831	£3,178	51
2020	£160,884	£3,427	25
2019	£149,145	£2,900	31
2018	£157,444	£3,152	49
2017	£144,860	£2,944	100
2016	£138,676	£2,714	67
2015	£130,318	£2,612	42
2014	£112,221	£2,217	54
2013	£111,955	£2,125	22
2012	£104,981	£2,081	16
2011	£111,304	£2,096	23
2010	£101,154	£1,923	26
2009	£101,043	£1,896	23
2008	£122,830	£2,550	50
2007	£134,039	£2,661	117
2006	£117,495	£2,456	95
2005	£135,730	£2,494	138
2004	£119,263	£2,349	123
2003	£91,884	£1,869	71
2002	£72,343	£1,566	99
2001	£63,917	£1,363	95
2000	£56,786	£1,164	83
1999	£48,079	£963	87
1998	£43,427	£905	98
1997	£45,309	£812	78
1996	£39,643	£790	75
1995	£39,125	£802	54

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,603	£2,821	3
2023	£779,000		3
2022	£211,625	£3,603	4
2021	£202,887	£2,205	7
2020	£126,250		2
2019	£671,667	£2,084	3
2018	£283,906	£6,105	4
2017	£796,390		4
2016	£147,500	£2,623	2

House Type in LU3 1NB area

The most common house types in the LU3 1NB postcode area are Semi-detached (62), Flat (30), and Detached (16).

Total	112
Semi-detached	62
Flat	30
Detached	16
Terraced	2
Shared house	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (42), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan	42
Owned: Owns outright	35
Private rented: Private landlord or letting agency	35
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU3 1NB have 2 people in household (36), and 4 people in household (17).

2 people in household	36
4 people in household	17
1 person in household	16
3 people in household	12
5 people in household	11
6 people in household	10
8 or more people in household	7
7 people in household	4
0 people in household	0