Housing Market Analysis for VARNA CLOSE, LU3 1SS

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

Overview of Sold House prices

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

Flat
- The average price is around £72,847 median price is £72,500 Standard Deviation is £36,543 with Total Sold: 20
- The most recent sale happened at this postcode is 7 VARNA CLOSE: £177,000 (Sold on 13 Nov 2017)
- The first recorded sale happened at this postcode is 2 VARNA CLOSE: £23,000 (Sold on 13 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 1SS 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
2017	£177,000	£3,052	1
2016	£90,000	£1,503	1
2007	£112,500	£1,989	2
2006	£91,000	£1,383	2
2005	£93,000		1
2004	£79,500	£1,400	4
2002	£47,498	£814	2
2001	£59,950		1
2000	£52,000	£867	1
1999	£38,333	£660	3
1998	£27,000	£500	1
1996	£23,000	£418	1

All the Sales in the VARNA CLOSE, LU3 1SS

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

Address	Sold Date	Price	% Change
7 VARNA CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 1950-1966	13 Nov 2017	£177,000	First Sale
6 VARNA CLOSEFlat, LeaseholdArea: 59.9 Sq.mtrAge: 1967-1975	30 Mar 2016	£90,000	32.35%
6 VARNA CLOSEFlat, LeaseholdArea: 59.9 Sq.mtrAge: 1967-1975	16 Apr 2004	£68,000	First Sale
3 VARNA CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-1975	08 Nov 2007	£105,000	36.36%
	12 Mar 2004	£77,000	185.19%
	21 Jan 1998	£27,000	First Sale
10 VARNA CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	05 Nov 2007	£120,000	37.93%
	08 Oct 2004	£87,000	33.86%
	09 Jul 2002	£64,995	71.04%
	30 Sep 1999	£38,000	First Sale
9 VARNA CLOSEFlat, Leasehold	09 Mar 2006	£100,000	First Sale
12 VARNA CLOSEFlat, LeaseholdArea: 59.3 Sq.mtrAge: 1967-1975	24 Feb 2006	£82,000	First Sale
1 VARNA CLOSEFlat, Leasehold	01 Apr 2005	£93,000	55.13%
	28 Sep 2001	£59,950	64.25%
	26 Feb 1999	£36,500	First Sale
4 VARNA CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-1966	21 May 2004	£86,000	First Sale
5 VARNA CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 1950-1966	11 Jan 2002	£30,000	First Sale
2 VARNA CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	30 Jun 2000	£52,000	28.40%
	19 Nov 1999	£40,500	76.09%
	13 Sep 1996	£23,000	First Sale

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

VARNA CLOSE, LU3 1SS Near By properties

Interactive Map

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

Detached
- The average price is around £199,242 median price is £193,000 Standard Deviation is £109,933 with Total Sold: 185
- The Last 5 Year average price is £348,966 with Total Sold: 22
- The most recent sale happened at this postcode is , 282 SELBOURNE ROAD: £375,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 152 BLUNDELL ROAD: £50,000 (Sold on 13 Apr 1995)
Semi-Detached
- The average price is around £149,033 median price is £144,000 Standard Deviation is £84,244 with Total Sold: 1,395
- The Last 5 Year average price is £285,285 with Total Sold: 191
- The most recent sale happened at this postcode is , 8 ALL SAINTS CLOSE: £405,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 95 SOLWAY ROAD NORTH: £37,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £92,624 median price is £92,000 Standard Deviation is £46,255 with Total Sold: 614
- The Last 5 Year average price is £150,170 with Total Sold: 80
- The most recent sale happened at this postcode is 3, ALDER COURT ALDER CRESCENT: £140,000 (Sold on 09 Jul 2024)
- The first recorded sale happened at this postcode is , 42 QUILTER CLOSE: £18,000 (Sold on 20 Feb 1995)
Terraced
- The average price is around £128,858 median price is £125,000 Standard Deviation is £73,422 with Total Sold: 1,188
- The Last 5 Year average price is £254,158 with Total Sold: 142
- The most recent sale happened at this postcode is , 14 PEMBROKE AVENUE: £254,000 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 12 GARDENIA AVENUE: £17,000 (Sold on 13 Jan 1995)
Other
- The average price is around £717,961 median price is £420,000 Standard Deviation is £842,717 with Total Sold: 24
- The Last 5 Year average price is £530,354 with Total Sold: 12
- The most recent sale happened at this postcode is , 97 - 105 WINGATE ROAD: £1,230,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 10 MEMORIAL ROAD: £225,000 (Sold on 03 Nov 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£346,600		5
2023	£395,000	£3,091	2
2022	£394,571	£4,007	7
2021	£306,500	£3,009	3
2020	£274,750	£2,752	2
2019	£307,750	£3,444	3
2018	£302,400	£3,147	5
2017	£401,071	£2,998	7
2016	£435,000		1
2015	£223,556	£2,286	9
2014	£204,286	£2,480	7
2013	£192,900	£2,004	5
2012	£220,500	£1,674	2
2011	£220,500	£2,209	4
2010	£208,625	£1,959	4
2009	£157,500	£1,363	2
2008	£227,250	£2,396	4
2007	£254,499	£2,253	8
2006	£235,500	£1,650	6
2005	£217,000	£2,183	8
2004	£196,999	£2,121	12
2003	£205,214	£1,673	7
2002	£152,356	£1,326	7
2001	£143,464	£1,375	14
2000	£104,436	£786	4
1999	£93,000	£959	13
1998	£93,518	£689	16
1997	£75,575	£829	6
1996	£57,750	£420	8
1995	£135,249	£703	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£294,154	£3,824	13
2023	£323,932	£3,710	22
2022	£315,629	£3,466	35
2021	£285,211	£3,431	52
2020	£268,567	£3,265	30
2019	£246,256	£3,047	39
2018	£249,207	£2,751	29
2017	£255,272	£2,889	36
2016	£224,571	£2,701	35
2015	£207,018	£2,452	44
2014	£176,709	£2,047	34
2013	£162,833	£1,780	30
2012	£163,000	£1,883	18
2011	£160,250	£2,078	24
2010	£162,621	£1,898	37
2009	£144,665	£1,850	23
2008	£160,140	£1,907	32
2007	£174,334	£1,918	68
2006	£157,642	£1,847	60
2005	£147,842	£1,829	64
2004	£150,204	£1,727	71
2003	£127,913	£1,551	78
2002	£109,566	£1,256	86
2001	£86,352	£960	76
2000	£80,724	£905	56
1999	£58,758	£700	79
1998	£55,118	£619	62
1997	£52,054	£558	64
1996	£45,930	£526	49
1995	£47,341	£515	49

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£148,333		3
2023	£142,522	£2,857	23
2022	£140,083	£3,021	12
2021	£151,625	£2,878	16
2020	£159,889	£3,267	9
2019	£161,448	£3,106	17
2018	£156,823	£3,370	31
2017	£163,731	£3,447	26
2016	£126,139	£2,621	18
2015	£119,333	£2,598	15
2014	£96,350	£2,096	20
2013	£94,312	£1,794	8
2012	£89,750	£1,962	6
2011	£83,138	£1,770	4
2010	£90,027	£2,069	11
2009	£87,038	£1,663	13
2008	£112,937	£2,354	16
2007	£111,278	£2,285	26
2006	£103,564	£2,277	30
2005	£100,935	£2,239	45
2004	£89,451	£1,836	31
2003	£78,447	£1,687	29
2002	£61,396	£1,330	37
2001	£51,309	£1,072	32
2000	£45,624	£980	39
1999	£34,533	£721	30
1998	£30,739	£647	19
1997	£28,289	£575	19
1996	£23,050	£455	11
1995	£27,946	£571	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,200	£2,229	10
2023	£281,545	£3,689	20
2022	£262,095	£3,708	21
2021	£261,600	£3,317	35
2020	£218,025	£2,995	20
2019	£246,306	£3,238	36
2018	£229,086	£3,141	29
2017	£209,611	£2,872	36
2016	£202,558	£2,858	36
2015	£169,656	£2,301	42
2014	£158,941	£2,089	35
2013	£147,957	£1,808	30
2012	£138,000	£1,697	17
2011	£137,920	£1,844	25
2010	£130,531	£1,735	32
2009	£136,875	£1,720	16
2008	£154,733	£1,968	25
2007	£152,160	£2,132	42
2006	£135,964	£1,963	56
2005	£134,880	£1,852	50
2004	£127,720	£1,616	59
2003	£112,429	£1,568	73
2002	£91,238	£1,313	69
2001	£74,518	£1,015	54
2000	£63,793	£930	69
1999	£52,380	£740	68
1998	£45,859	£594	46
1997	£42,608	£555	56
1996	£37,350	£560	53
1995	£39,461	£575	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,230,000		1
2023	£395,667	£4,919	6
2022	£1,350,000		1
2021	£341,250	£3,750	1
2020	£356,333	£5,560	3
2018	£302,000	£2,098	4
2017	£846,250	£20,278	4
2016	£950,000		2
2015	£4,148,820		1
2014	£225,000		1

House Type in LU3 1SS area

The most common house types in the LU3 1SS postcode area are Flat (91), Semi-detached (51), and Detached (18).

Total	191
Flat	91
Semi-detached	51
Detached	18
Shared house	16
Terraced	12
commercial building	2
converted building	1
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 (95), and Owned: Owns outright (45).

Private rented: Private landlord or letting agency	95
Owned: Owns outright	45
Owned: Owns with a mortgage or loan	30
Social rented: Other social rented	8
Private rented: Other private rented	8
Shared ownership: Shared ownership	4
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LU3 1SS have 1 person in household (45), and 2 people in household (42).

1 person in household	45
2 people in household	42
3 people in household	42
4 people in household	28
5 people in household	18
6 people in household	8
7 people in household	4
8 or more people in household	2
0 people in household	0