Housing Market Analysis for THE CLOSE, LU3 2LR

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £192,250 median price is £171,000 Standard Deviation is £81,929 with Total Sold: 16
- The Last 5 Year average price is £326,667 with Total Sold: 3
- The most recent sale happened at this postcode is 6 THE CLOSE: £355,000 (Sold on 16 Feb 2023)
- The first recorded sale happened at this postcode is 7 THE CLOSE: £95,000 (Sold on 28 Jul 2000)
Terraced
- The average price is around £162,423 median price is £157,000 Standard Deviation is £89,236 with Total Sold: 13
- The Last 5 Year average price is £221,500 with Total Sold: 4
- The most recent sale happened at this postcode is 31 THE CLOSE: £280,000 (Sold on 09 Oct 2020)
- The first recorded sale happened at this postcode is 32 THE CLOSE: £315,000 (Sold on 12 Feb 2024)
Detached
- The average price is around £177,833 median price is £188,500 Standard Deviation is £67,782 with Total Sold: 3
- The Last 5 Year average price is £255,000 with Total Sold: 1
- The most recent sale happened at this postcode is 19 THE CLOSE: £255,000 (Sold on 02 May 2019)
- The first recorded sale happened at this postcode is 19 THE CLOSE: £90,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 2LR 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£355,000	£4,176	1
2022	£350,000	£3,302	1
2019	£275,000	£2,594	1
2016	£238,000	£2,615	1
2014	£211,000	£2,443	3
2006	£165,000	£1,672	2
2005	£165,500	£2,562	2
2004	£193,000		1
2002	£100,500	£1,081	1
2000	£90,167	£1,029	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£280,000	£3,111	1
2019	£145,500		2
2017	£290,000	£2,900	1
2016	£240,000	£2,400	1
2009	£157,000	£1,496	1
2006	£167,000	£1,856	1
2002	£120,000	£1,290	1
2001	£93,000		1
1997	£54,250		1
1996	£52,125	£581	2
2024	£315,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£255,000	£1,977	1
2004	£188,500	£1,461	1
1995	£90,000	£698	1

All the Sales in the THE CLOSE, LU3 2LR

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

Address	Sold Date	Price	% Change
6 THE CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	16 Feb 2023	£355,000	60.63%
	22 Jul 2014	£221,000	152.57%
	31 Aug 2000	£87,500	First Sale
18 THE CLOSESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1967-1975	09 May 2022	£350,000	27.27%
	31 May 2019	£275,000	77.42%
	02 Jun 2006	£155,000	First Sale
31 THE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	09 Oct 2020	£280,000	67.66%
31 THE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	10 Nov 2006	£167,000	First Sale
24 THE CLOSETerraced, Freehold	16 Sep 2019	£166,000	First Sale
19 THE CLOSEDetached, FreeholdArea: 129 Sq.mtrAge: 1950-1966	02 May 2019	£255,000	35.28%
	30 Jan 2004	£188,500	109.44%
	03 Mar 1995	£90,000	First Sale
40 THE CLOSETerraced, Freehold	22 Jan 2019	£125,000	34.41%
	16 Mar 2001	£93,000	71.43%
	05 Dec 1997	£54,250	7.96%
	29 Nov 1996	£50,250	First Sale
29 THE CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1950-1966	14 Sep 2017	£290,000	20.83%
	20 Dec 2016	£240,000	First Sale
4 THE CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	31 Aug 2016	£238,000	-2.86%
	22 Aug 2014	£245,000	40.00%
	20 Oct 2006	£175,000	74.13%
	01 Feb 2002	£100,500	First Sale
2 THE CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	31 Mar 2014	£167,000	First Sale
28 THE CLOSETerraced, FreeholdArea: 104.96 Sq.mtrAge: 1967-1975	10 Jul 2009	£157,000	First Sale
22 THE CLOSESemi-Detached, Freehold	14 Oct 2005	£167,000	First Sale
5 THE CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	11 Mar 2005	£164,000	First Sale
12 THE CLOSESemi-Detached, Freehold	23 Jul 2004	£193,000	119.32%
12 THE CLOSESemi-Detached, Freehold	15 Dec 2000	£88,000	First Sale
27 THE CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	11 Oct 2002	£120,000	122.22%
27 THE CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	09 Aug 1996	£54,000	First Sale
7 THE CLOSESemi-Detached, Freehold	28 Jul 2000	£95,000	First Sale
32 THE CLOSETerraced, Freehold	12 Feb 2024	£315,000	First Sale

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

THE CLOSE, LU3 2LR Near By properties

Interactive Map

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

Terraced
- The average price is around £131,093 median price is £127,000 Standard Deviation is £74,902 with Total Sold: 1,135
- The Last 5 Year average price is £257,017 with Total Sold: 124
- The most recent sale happened at this postcode is , 42 TRINITY ROAD: £280,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 12 GARDENIA AVENUE: £17,000 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £160,147 median price is £152,000 Standard Deviation is £86,486 with Total Sold: 1,566
- The Last 5 Year average price is £293,666 with Total Sold: 229
- 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 , 95 SOLWAY ROAD NORTH: £37,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £214,404 median price is £204,000 Standard Deviation is £103,577 with Total Sold: 208
- The Last 5 Year average price is £361,484 with Total Sold: 32
- The most recent sale happened at this postcode is , 43 NORTON ROAD: £278,000 (Sold on 17 Jul 2024)
- The first recorded sale happened at this postcode is , 19 THE CLOSE: £90,000 (Sold on 03 Mar 1995)
Flat
- The average price is around £86,224 median price is £90,000 Standard Deviation is £39,384 with Total Sold: 364
- The Last 5 Year average price is £145,160 with Total Sold: 25
- The most recent sale happened at this postcode is FLAT 8, 123 GARDENIA AVENUE: £135,000 (Sold on 29 Jan 2024)
- The first recorded sale happened at this postcode is , 46 KINGSLEY ROAD: £31,500 (Sold on 03 Feb 1995)
Other
- The average price is around £648,970 median price is £215,500 Standard Deviation is £1,383,464 with Total Sold: 12
- The Last 5 Year average price is £855,705 with Total Sold: 8
- The most recent sale happened at this postcode is , 7A NEVILLE ROAD: £390,000 (Sold on 10 Jan 2024)
- The first recorded sale happened at this postcode is , 135 WESTMORLAND AVENUE: £257,000 (Sold on 04 Mar 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,000	£3,284	8
2023	£288,441	£3,734	17
2022	£287,918	£3,943	19
2021	£259,641	£3,440	37
2020	£230,438	£3,182	16
2019	£230,315	£2,960	27
2018	£232,332	£3,159	31
2017	£225,473	£2,974	37
2016	£207,299	£2,868	38
2015	£169,824	£2,284	45
2014	£165,231	£2,365	43
2013	£150,157	£1,889	35
2012	£143,852	£1,890	27
2011	£139,925	£1,931	20
2010	£130,224	£1,731	29
2009	£150,824	£1,775	17
2008	£159,706	£2,005	17
2007	£163,221	£2,019	44
2006	£136,707	£2,038	53
2005	£131,622	£1,817	45
2004	£126,738	£1,596	44
2003	£118,727	£1,592	55
2002	£89,398	£1,287	57
2001	£76,052	£1,001	60
2000	£67,674	£894	63
1999	£53,424	£720	59
1998	£47,900	£584	47
1997	£44,638	£644	62
1996	£38,546	£529	46
1995	£38,784	£555	37

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,400	£4,118	10
2023	£312,738	£3,704	29
2022	£327,650	£3,977	40
2021	£303,594	£3,476	53
2020	£274,552	£3,286	48
2019	£261,857	£3,166	49
2018	£266,388	£3,069	40
2017	£273,706	£3,005	40
2016	£240,978	£2,958	45
2015	£213,112	£2,521	40
2014	£188,404	£2,268	51
2013	£174,730	£1,945	37
2012	£168,135	£1,949	26
2011	£166,120	£1,934	29
2010	£159,122	£1,933	37
2009	£148,128	£1,870	36
2008	£154,961	£1,769	28
2007	£184,743	£2,128	71
2006	£165,099	£1,886	75
2005	£157,543	£1,887	72
2004	£151,422	£1,818	82
2003	£139,275	£1,611	78
2002	£115,314	£1,310	94
2001	£91,842	£1,113	81
2000	£83,169	£944	60
1999	£69,249	£826	86
1998	£58,915	£717	71
1997	£55,422	£625	65
1996	£48,616	£552	56
1995	£51,167	£543	37

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,600		5
2023	£398,833	£3,374	6
2022	£341,000	£4,064	7
2021	£349,000	£3,191	5
2020	£408,750	£2,909	6
2019	£279,000	£2,853	3
2018	£331,375	£3,434	8
2017	£317,000	£3,108	11
2016	£285,000	£3,115	4
2015	£238,714	£2,360	7
2014	£220,500	£2,601	5
2013	£219,800	£2,022	5
2012	£212,250	£2,047	4
2011	£164,000	£1,888	5
2010	£190,667	£1,827	3
2009	£149,000	£1,284	1
2008	£226,166	£2,367	9
2007	£209,583	£2,113	12
2006	£224,067	£1,791	15
2005	£198,937	£1,953	8
2004	£183,688	£1,946	8
2003	£183,499	£1,771	10
2002	£152,772	£1,304	11
2001	£130,811	£1,372	8
2000	£116,500	£1,189	4
1999	£111,150	£905	10
1998	£102,449	£698	11
1997	£87,000	£791	6
1996	£61,100	£404	6
1995	£72,121	£646	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£152,500		2
2023	£169,000	£3,438	2
2022	£155,400	£3,271	5
2021	£134,722	£2,766	9
2020	£137,500	£3,342	2
2019	£144,300	£2,990	5
2018	£148,679	£3,196	14
2017	£138,143	£3,073	7
2016	£122,444	£2,625	18
2015	£112,875	£2,401	16
2014	£98,879	£2,093	12
2013	£92,625	£1,723	4
2012	£72,800	£1,769	5
2011	£72,750	£1,236	2
2010	£97,186	£2,200	7
2009	£80,500	£1,716	6
2008	£111,438	£2,434	8
2007	£106,337	£2,282	20
2006	£105,500	£2,243	22
2005	£101,103	£2,348	35
2004	£91,778	£1,871	18
2003	£79,698	£1,758	20
2002	£62,754	£1,401	28
2001	£51,715	£1,092	22
2000	£42,855	£915	16
1999	£35,410	£740	14
1998	£29,088	£659	12
1997	£28,000	£585	11
1996	£27,421	£521	7
1995	£27,933	£577	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,000		1
2023	£2,612,500	£654	2
2021	£348,000	£2,540	1
2020	£359,500	£5,560	2
2019	£81,820	£859	2
2018	£270,000		2
2017	£145,000		1
2016	£257,000	£2,763	1

House Type in LU3 2LR area

The most common house types in the LU3 2LR postcode area are Terraced (52), Semi-detached (39), and Flat (33).

Total	137
Terraced	52
Semi-detached	39
Flat	33
Detached	9
converted building	2
commercial building	2
Shared house	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 (45), and Private rented: Private landlord or letting agency (44).

Owned: Owns with a mortgage or loan	45
Private rented: Private landlord or letting agency	44
Owned: Owns outright	42
Private rented: Other private rented	4
Social rented: Other social rented	1
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 2LR have 2 people in household (40), and 1 person in household (34).

2 people in household	40
1 person in household	34
3 people in household	29
4 people in household	23
5 people in household	7
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0