Housing Market Analysis for WATERMEAD ROAD, LU3 2TD

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £146,300 median price is £149,000 Standard Deviation is £65,107 with Total Sold: 30
- The Last 5 Year average price is £242,000 with Total Sold: 4
- The most recent sale happened at this postcode is 56 WATERMEAD ROAD: £345,000 (Sold on 22 Dec 2021)
- The first recorded sale happened at this postcode is 36 WATERMEAD ROAD: £63,000 (Sold on 31 Jan 1995)
Detached
- The average price is around £445,000 median price is £445,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £445,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2 WATERMEAD ROAD: £445,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is 2 WATERMEAD ROAD: £445,000 (Sold on 30 Jun 2021)
Terraced
- The average price is around £257,500 median price is £257,500 Standard Deviation is £42,500 with Total Sold: 2
- The most recent sale happened at this postcode is 50 WATERMEAD ROAD: £300,000 (Sold on 03 Feb 2017)
- The first recorded sale happened at this postcode is 44 WATERMEAD ROAD: £215,000 (Sold on 11 Jul 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 2TD 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
2021	£345,000	£3,317	1
2020	£204,000	£2,402	2
2019	£215,000	£2,471	1
2018	£200,000	£2,174	1
2016	£215,000	£2,471	1
2015	£235,000	£2,489	1
2014	£160,000	£2,162	1
2013	£161,000	£1,946	3
2009	£132,000	£1,461	3
2006	£163,500	£1,759	2
2005	£146,750	£1,772	2
2003	£154,998		2
2002	£90,000	£1,200	1
2001	£92,000	£1,000	1
2000	£105,667	£1,000	3
1999	£70,500	£734	2
1996	£49,250	£659	2
1995	£63,000	£667	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£445,000	£3,397	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£300,000		1
2014	£215,000	£2,337	1

All the Sales in the WATERMEAD ROAD, LU3 2TD

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

Address	Sold Date	Price	% Change
56 WATERMEAD ROADSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1950-1966	22 Dec 2021	£345,000	First Sale
2 WATERMEAD ROADDetached, FreeholdArea: 131 Sq.mtrAge: 1950-1966	30 Jun 2021	£445,000	First Sale
12 WATERMEAD ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	19 Jun 2020	£258,000	29.00%
	31 Aug 2018	£200,000	32.45%
	16 Oct 2009	£151,000	64.13%
	02 Aug 2001	£92,000	36.30%
	17 Jun 1999	£67,500	First Sale
40 WATERMEAD ROADSemi-Detached, LeaseholdArea: 75 Sq.mtrAge: 1950-1966	28 Feb 2020	£150,000	First Sale
18 WATERMEAD ROADSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	06 Dec 2019	£215,000	0.0
	29 Jan 2016	£215,000	38.71%
	08 Apr 2013	£155,000	-3.12%
	11 Aug 2006	£160,000	First Sale
50 WATERMEAD ROADTerraced, Freehold	03 Feb 2017	£300,000	First Sale
36 WATERMEAD ROADSemi-Detached, FreeholdArea: 94.42 Sq.mtrAge: 1950-1966	17 Apr 2015	£235,000	273.02%
	31 Jan 1995	£63,000	First Sale
30 WATERMEAD ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	08 Aug 2014	£160,000	First Sale
44 WATERMEAD ROADTerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	11 Jul 2014	£215,000	43.33%
	02 Dec 2005	£150,000	First Sale
58 WATERMEAD ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	13 Dec 2013	£180,000	7.78%
	03 Feb 2006	£167,000	First Sale
14 WATERMEAD ROADSemi-Detached, FreeholdArea: 83.3 Sq.mtrAge: 1950-1966	18 Oct 2013	£148,000	48.00%
	07 Apr 2009	£100,000	First Sale
34 WATERMEAD ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	28 Aug 2009	£145,000	First Sale
26 WATERMEAD ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-1966	21 Jan 2005	£143,500	59.44%
	12 Feb 2002	£90,000	20.00%
	09 Jun 2000	£75,000	First Sale
8 WATERMEAD ROADSemi-Detached, Freehold	10 Dec 2003	£135,000	First Sale
6 WATERMEAD ROADSemi-Detached, Freehold	09 Dec 2003	£174,995	49.57%
6 WATERMEAD ROADSemi-Detached, Freehold	14 Dec 2000	£117,000	First Sale
46 WATERMEAD ROADSemi-Detached, Freehold	31 May 2000	£125,000	First Sale
66 WATERMEAD ROADSemi-Detached, Freehold	29 Jan 1999	£73,500	First Sale
16 WATERMEAD ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	15 Apr 1996	£54,000	First Sale
24 WATERMEAD ROADSemi-Detached, Freehold	29 Mar 1996	£44,500	First Sale

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

WATERMEAD ROAD, LU3 2TD Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £170,964 median price is £160,000 Standard Deviation is £91,590 with Total Sold: 1,451
- The Last 5 Year average price is £303,819 with Total Sold: 240
- The most recent sale happened at this postcode is , 2 MONTON CLOSE: £277,500 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 36 WATERMEAD ROAD: £63,000 (Sold on 31 Jan 1995)
Terraced
- The average price is around £133,099 median price is £125,000 Standard Deviation is £77,788 with Total Sold: 854
- The Last 5 Year average price is £260,137 with Total Sold: 101
- The most recent sale happened at this postcode is , 7 WILLOW WAY: £281,500 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 119 SWASEDALE ROAD: £37,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £251,276 median price is £236,000 Standard Deviation is £115,962 with Total Sold: 229
- The Last 5 Year average price is £391,034 with Total Sold: 44
- The most recent sale happened at this postcode is , 382 ICKNIELD WAY: £395,000 (Sold on 28 Mar 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 £84,966 median price is £87,995 Standard Deviation is £40,344 with Total Sold: 371
- The Last 5 Year average price is £139,436 with Total Sold: 33
- 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 £503,977 median price is £177,000 Standard Deviation is £1,223,739 with Total Sold: 16
- The Last 5 Year average price is £575,137 with Total Sold: 12
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£311,281	£4,872	16
2023	£336,397	£3,984	34
2022	£332,849	£3,935	53
2021	£306,198	£3,514	48
2020	£278,862	£3,277	40
2019	£265,418	£3,321	49
2018	£274,595	£3,129	35
2017	£277,033	£3,079	46
2016	£258,378	£3,148	45
2015	£224,802	£2,604	43
2014	£197,932	£2,293	46
2013	£184,106	£2,099	33
2012	£169,542	£1,978	24
2011	£171,260	£1,896	25
2010	£162,224	£2,033	38
2009	£153,232	£1,930	30
2008	£173,257	£2,087	29
2007	£186,948	£2,147	72
2006	£162,963	£1,834	68
2005	£163,067	£1,966	52
2004	£154,421	£2,008	63
2003	£139,002	£1,683	76
2002	£122,524	£1,332	80
2001	£98,303	£1,165	63
2000	£88,730	£1,044	68
1999	£71,141	£856	81
1998	£60,491	£761	65
1997	£59,480	£635	52
1996	£52,035	£607	49
1995	£53,839	£530	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£249,500	£1,692	6
2023	£277,193	£4,022	14
2022	£304,794	£3,944	17
2021	£248,538	£3,432	24
2020	£251,047	£3,053	16
2019	£238,875	£3,298	24
2018	£237,275	£3,352	20
2017	£229,792	£3,309	36
2016	£213,787	£2,946	35
2015	£169,691	£2,425	34
2014	£165,358	£2,453	25
2013	£135,909	£2,042	11
2012	£134,239	£1,925	23
2011	£130,058	£1,890	19
2010	£142,929	£1,920	14
2009	£152,479	£1,885	14
2008	£147,958	£2,209	12
2007	£162,337	£2,076	37
2006	£138,371	£2,240	33
2005	£130,692	£1,960	26
2004	£127,342	£1,638	35
2003	£117,293	£1,792	40
2002	£92,074	£1,330	61
2001	£79,854	£1,024	45
2000	£65,232	£971	43
1999	£53,702	£773	50
1998	£48,863	£669	31
1997	£45,613	£662	49
1996	£40,515	£573	35
1995	£41,479	£627	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£395,000		1
2023	£410,778	£4,205	9
2022	£446,143	£4,314	7
2021	£364,909	£3,668	11
2020	£402,643	£2,855	7
2019	£350,889	£3,235	9
2018	£338,423	£3,862	13
2017	£358,625	£3,092	12
2016	£329,250	£2,880	8
2015	£278,000	£2,828	6
2014	£251,364	£2,324	11
2013	£230,650	£2,509	10
2012	£206,600	£2,677	5
2011	£207,500	£2,055	6
2010	£251,250	£2,892	4
2009	£166,000	£1,811	2
2008	£229,550	£2,253	10
2007	£236,277	£2,173	9
2006	£241,817	£2,064	12
2005	£208,562	£1,952	8
2004	£193,100	£2,047	10
2003	£200,342	£1,801	12
2002	£162,562	£1,383	8
2001	£147,998	£1,928	4
2000	£139,000	£1,312	3
1999	£121,750	£1,027	6
1998	£108,800	£664	5
1997	£84,111	£825	9
1996	£83,280	£643	8
1995	£77,651	£678	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000		1
2023	£161,000	£3,412	3
2022	£155,000	£3,393	5
2021	£144,290	£2,790	10
2020	£120,667	£3,141	6
2019	£130,188	£2,928	8
2018	£141,500	£3,122	17
2017	£133,283	£3,155	9
2016	£124,696	£2,803	14
2015	£110,575	£2,405	20
2014	£93,812	£2,116	13
2013	£91,250	£1,875	2
2012	£78,643	£1,686	7
2011	£69,000	£1,448	3
2010	£91,714	£2,204	7
2009	£80,000	£2,086	2
2008	£106,214	£2,543	7
2007	£103,987	£2,239	19
2006	£96,727	£2,265	22
2005	£99,906	£2,294	36
2004	£83,562	£2,055	16
2003	£75,940	£1,769	17
2002	£62,723	£1,421	26
2001	£51,654	£1,126	21
2000	£41,846	£922	18
1999	£34,788	£758	19
1998	£28,232	£651	11
1997	£27,905	£577	11
1996	£28,408	£561	6
1995	£27,183	£596	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,000		1
2023	£5,200,000		1
2022	£130,000		1
2021	£97,250		4
2020	£222,000	£3,651	2
2019	£116,213	£1,429	3
2018	£97,500	£2,278	2
2016	£483,500	£2,763	2

House Type in LU3 2TD area

The most common house types in the LU3 2TD postcode area are Semi-detached (104), Detached (11), and Terraced (0).

Total	115
Semi-detached	104
Detached	11
Terraced	0
Flat	0
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 (65), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	11
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU3 2TD have 2 people in household (43), and 1 person in household (26).

2 people in household	43
1 person in household	26
3 people in household	19
4 people in household	10
5 people in household	9
6 people in household	5
7 people in household	1
8 or more people in household	1
0 people in household	0