Housing Market Analysis for ST OLAMS CLOSE, LU3 2LD

Are you looking to understand LU3 2LD 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 2LD area, explore the LU3 2LD Area information page.
For comprehensive crime statistics in the LU3 2LD area, explore the LU3 2LD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU3 2LD postcode area, The average prices are as follows,

Terraced
- The average price is around £157,206 median price is £151,500 Standard Deviation is £83,412 with Total Sold: 40
- The Last 5 Year average price is £274,722 with Total Sold: 9
- The most recent sale happened at this postcode is 34 ST OLAMS CLOSE: £277,500 (Sold on 20 Jun 2023)
- The first recorded sale happened at this postcode is 37 ST OLAMS CLOSE: £54,000 (Sold on 05 Jun 1996)
Semi-Detached
- The average price is around £86,540 median price is £73,622 Standard Deviation is £32,987 with Total Sold: 6
- The most recent sale happened at this postcode is 19 ST OLAMS CLOSE: £148,995 (Sold on 23 Mar 2005)
- The first recorded sale happened at this postcode is 19 ST OLAMS CLOSE: £48,500 (Sold on 20 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 2LD 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	£273,750	£3,787	2
2022	£282,500	£3,645	2
2021	£265,000	£3,535	2
2020	£252,500	£3,241	2
2019	£325,000	£2,754	1
2017	£253,000	£3,329	1
2016	£235,000	£2,870	2
2015	£180,000	£2,368	1
2014	£168,000	£2,211	1
2013	£162,000	£2,348	1
2011	£125,000	£1,645	1
2008	£177,500	£2,342	2
2007	£159,750	£2,044	4
2006	£145,500	£1,886	2
2004	£132,000	£1,725	2
2002	£45,000		1
2001	£85,500	£1,014	3
2000	£69,000	£895	2
1999	£63,650	£813	5
1998	£59,995	£776	1
1996	£45,500	£585	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£148,995		1
2003	£107,500		1
2000	£73,622	£875	2
1998	£67,000		1
1996	£48,500		1

All the Sales in the ST OLAMS CLOSE, LU3 2LD

See the table below for more details on the sold house prices in the LU3 2LD, Luton postcode.

Address	Sold Date	Price	% Change
34 ST OLAMS CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	20 Jun 2023	£277,500	First Sale
36 ST OLAMS CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1967-1975	31 Mar 2023	£270,000	First Sale
17 ST OLAMS CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	19 Dec 2022	£280,000	89.19%
	19 Jan 2006	£148,000	131.25%
	29 Sep 1999	£64,000	First Sale
10 ST OLAMS CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	23 Feb 2022	£285,000	23.91%
	06 Jun 2016	£230,000	First Sale
28 ST OLAMS CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	18 Nov 2021	£285,000	First Sale
9 ST OLAMS CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	04 Jun 2021	£245,000	51.23%
	31 Oct 2013	£162,000	4.52%
	27 Apr 2007	£155,000	First Sale
22 ST OLAMS CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	07 Feb 2020	£230,000	521.62%
	22 Nov 1996	£37,000	First Sale
37 ST OLAMS CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	10 Jan 2020	£275,000	409.26%
	05 Jun 1996	£54,000	First Sale
13 ST OLAMS CLOSETerraced, FreeholdArea: 118 Sq.mtrAge: 1967-1975	29 Jan 2019	£325,000	First Sale
8 ST OLAMS CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	29 Aug 2017	£253,000	50.60%
	03 Oct 2014	£168,000	34.40%
	20 Sep 2011	£125,000	82.48%
	17 Dec 1999	£68,500	First Sale
15 ST OLAMS CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	10 Oct 2016	£240,000	269.23%
	22 Dec 1999	£65,000	First Sale
18 ST OLAMS CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	28 May 2015	£180,000	First Sale
32 ST OLAMS CLOSETerraced, Freehold	04 Jun 2008	£177,000	First Sale
26 ST OLAMS CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	25 Jan 2008	£178,000	161.76%
	02 May 2000	£68,000	First Sale
31 ST OLAMS CLOSETerraced, Freehold	07 Dec 2007	£171,000	First Sale
2 ST OLAMS CLOSETerraced, Freehold	15 Jun 2007	£173,000	147.14%
2 ST OLAMS CLOSETerraced, Freehold	09 Jun 2000	£70,000	First Sale
6 ST OLAMS CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	07 Jun 2007	£140,000	12.90%
	22 Mar 2004	£124,000	93.75%
	10 Dec 1999	£64,000	First Sale
7 ST OLAMS CLOSETerraced, FreeholdArea: 77.28 Sq.mtrAge: 1967-1975	14 Aug 2006	£143,000	81.01%
	29 Jan 2001	£79,000	31.68%
	06 Aug 1998	£59,995	First Sale
19 ST OLAMS CLOSESemi-Detached, Freehold	23 Mar 2005	£148,995	38.60%
	18 Jul 2003	£107,500	39.16%
	26 Jun 2000	£77,250	59.28%
	20 Dec 1996	£48,500	First Sale
11 ST OLAMS CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	19 Jul 2004	£140,000	146.70%
	15 Jun 1999	£56,750	First Sale
4 ST OLAMS CLOSETerraced, Freehold	19 Apr 2002	£45,000	First Sale
14 ST OLAMS CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	07 Sep 2001	£92,500	First Sale
21 ST OLAMS CLOSETerraced, Freehold	26 Jul 2001	£85,000	First Sale
3 ST OLAMS CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	02 Mar 2000	£69,995	First Sale
30 ST OLAMS CLOSESemi-Detached, Freehold	16 Oct 1998	£67,000	First Sale

Check out the sold house prices near the LU3 2LD postcode. Properties currently for saleProperties currently for rent

ST OLAMS CLOSE, LU3 2LD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU3 2LD 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 2LD postcode.

Terraced
- The average price is around £145,983 median price is £136,000 Standard Deviation is £81,648 with Total Sold: 453
- The Last 5 Year average price is £270,516 with Total Sold: 70
- The most recent sale happened at this postcode is , 34 MILVERTON GREEN: £230,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 7 GROSVENOR ROAD: £31,000 (Sold on 24 Mar 1995)
Semi-Detached
- The average price is around £171,737 median price is £160,000 Standard Deviation is £88,901 with Total Sold: 1,467
- The Last 5 Year average price is £295,530 with Total Sold: 263
- The most recent sale happened at this postcode is , 29 GROSVENOR ROAD: £325,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 86 MILVERTON GREEN: £35,500 (Sold on 13 Jan 1995)
Detached
- The average price is around £236,706 median price is £225,000 Standard Deviation is £117,899 with Total Sold: 619
- The Last 5 Year average price is £414,744 with Total Sold: 82
- The most recent sale happened at this postcode is , 6 SNOWFORD CLOSE: £420,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 183 ICKNIELD WAY: £123,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £102,663 median price is £97,000 Standard Deviation is £58,810 with Total Sold: 143
- The Last 5 Year average price is £151,600 with Total Sold: 20
- The most recent sale happened at this postcode is , 74 MILVERTON GREEN: £207,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is , 15 CAVALIER CLOSE: £20,000 (Sold on 09 Jun 1995)
Other
- The average price is around £473,691 median price is £107,530 Standard Deviation is £1,231,833 with Total Sold: 16
- The Last 5 Year average price is £695,784 with Total Sold: 9
- The most recent sale happened at this postcode is , 333 ICKNIELD WAY: £5,200,000 (Sold on 21 Jun 2023)
- The first recorded sale happened at this postcode is , 68 BIRDSFOOT LANE: £10,000 (Sold on 30 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,500		6
2023	£288,960	£3,615	10
2022	£294,071	£3,786	14
2021	£259,412	£3,584	17
2020	£267,000	£3,330	11
2019	£252,625	£3,130	12
2018	£216,423	£3,700	13
2017	£250,182	£3,361	11
2016	£220,711	£2,995	19
2015	£183,661	£2,397	17
2014	£151,578	£2,324	18
2013	£151,273	£2,116	11
2012	£146,636	£2,029	11
2011	£137,562	£1,934	16
2010	£155,333	£2,043	6
2009	£124,325	£1,756	6
2008	£144,087	£2,358	15
2007	£158,113	£1,993	22
2006	£143,750	£2,122	26
2005	£136,632	£1,865	19
2004	£122,472	£2,100	18
2003	£117,029	£1,715	17
2002	£90,639	£1,370	21
2001	£82,411	£1,047	17
2000	£67,486	£1,102	19
1999	£53,506	£846	23
1998	£45,514	£753	17
1997	£45,833	£644	6
1996	£42,147	£603	20
1995	£36,828	£794	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£307,833	£4,565	18
2023	£326,998	£4,352	51
2022	£317,178	£4,378	45
2021	£278,808	£3,769	65
2020	£284,262	£3,718	40
2019	£266,830	£3,383	44
2018	£272,143	£3,524	42
2017	£264,076	£3,716	46
2016	£252,980	£3,505	50
2015	£219,568	£2,989	44
2014	£195,913	£2,521	41
2013	£169,244	£2,402	42
2012	£151,100	£2,287	20
2011	£165,931	£2,266	29
2010	£157,588	£2,257	34
2009	£158,299	£2,213	39
2008	£164,395	£2,105	29
2007	£186,462	£2,471	73
2006	£159,536	£2,136	77
2005	£163,630	£2,236	67
2004	£147,790	£1,876	63
2003	£139,182	£1,796	56
2002	£118,671	£1,643	72
2001	£97,754	£1,210	58
2000	£86,249	£1,124	63
1999	£70,851	£987	67
1998	£58,552	£812	53
1997	£58,196	£710	53
1996	£53,047	£743	58
1995	£51,032	£654	28

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£490,750	£4,310	6
2023	£423,808	£4,092	13
2022	£452,464	£4,138	14
2021	£413,795	£3,733	22
2020	£394,750	£3,564	12
2019	£358,667	£3,628	15
2018	£355,232	£3,689	28
2017	£352,065	£3,546	23
2016	£342,571	£3,160	14
2015	£308,250	£2,899	16
2014	£268,462	£2,458	20
2013	£255,552	£2,319	19
2012	£242,500	£2,463	19
2011	£264,094	£2,345	16
2010	£241,073	£2,818	13
2009	£213,818	£2,550	11
2008	£230,590	£2,260	11
2007	£258,849	£2,497	30
2006	£257,548	£2,496	27
2005	£189,285	£2,104	14
2004	£229,994	£2,165	30
2003	£208,091	£2,082	23
2002	£186,998	£1,617	37
2001	£157,913	£1,397	29
2000	£145,812	£1,229	24
1999	£120,353	£1,105	28
1998	£121,470	£1,017	19
1997	£100,240	£975	40
1996	£81,967	£704	31
1995	£91,890	£767	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£207,000		1
2023	£173,000	£3,169	2
2022	£179,500	£2,996	6
2021	£129,000	£2,314	5
2020	£100,000	£2,083	1
2019	£131,400	£2,529	5
2018	£194,576	£3,198	19
2017	£149,500	£2,941	2
2016	£125,075	£2,279	8
2015	£96,833	£1,959	9
2014	£89,183	£1,889	3
2013	£77,500	£1,154	2
2012	£76,667	£1,608	3
2011	£76,500	£1,737	2
2010	£90,000	£1,638	4
2009	£103,250	£1,920	4
2008	£109,000		1
2007	£96,000	£2,124	7
2006	£103,785	£1,936	7
2005	£98,350	£2,213	4
2004	£97,190	£1,856	5
2003	£71,750	£1,460	4
2002	£57,628	£1,088	7
2001	£56,200	£988	5
2000	£39,702	£849	8
1999	£37,582	£766	6
1998	£21,980	£567	5
1997	£25,000	£472	1
1996	£21,180	£391	5
1995	£30,000	£449	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£5,200,000		1
2021	£229,820	£2,925	3
2020	£84,900	£964	4
2019	£33,000	£375	1
2018	£188,000	£1,762	2
2017	£232,750	£13	4
2013	£10,000		1

House Type in LU3 2LD area

The most common house types in the LU3 2LD postcode area are Semi-detached (121), Terraced (85), and Detached (20).

Total	245
Semi-detached	121
Terraced	85
Detached	20
Flat	19
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (109), and Owned: Owns with a mortgage or loan (74).

Owned: Owns outright	109
Owned: Owns with a mortgage or loan	74
Social rented: Rents from council or Local Authority	31
Private rented: Private landlord or letting agency	24
Private rented: Other private rented	5
Shared ownership: Shared ownership	2
Social rented: Other social rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LU3 2LD have 2 people in household (74), and 1 person in household (69).

2 people in household	74
1 person in household	69
3 people in household	53
4 people in household	21
5 people in household	17
6 people in household	5
7 people in household	5
0 people in household	0
8 or more people in household	0