Housing Market Analysis for OAKWOOD DRIVE, LU3 3BA

Are you looking to understand LU3 3BA 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 3BA area, explore the LU3 3BA Area information page.
For comprehensive crime statistics in the LU3 3BA area, explore the LU3 3BA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU3 3BA postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £154,819 median price is £144,250 Standard Deviation is £83,095 with Total Sold: 24
- The Last 5 Year average price is £262,400 with Total Sold: 5
- The most recent sale happened at this postcode is 6 OAKWOOD DRIVE: £310,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is 8 OAKWOOD DRIVE: £42,000 (Sold on 30 Jun 1995)
Terraced
- The average price is around £147,000 median price is £147,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 15 OAKWOOD DRIVE: £147,000 (Sold on 29 Sep 2006)
- The first recorded sale happened at this postcode is 15 OAKWOOD DRIVE: £147,000 (Sold on 29 Sep 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 3BA 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	£310,000	£5,345	1
2021	£242,000	£4,172	1
2020	£205,000	£3,015	1
2019	£277,500	£3,580	2
2018	£300,000	£3,061	1
2016	£235,000	£3,561	1
2014	£168,000	£2,897	1
2008	£184,950	£2,255	1
2007	£152,750	£1,622	2
2005	£165,000	£2,357	1
2004	£135,750	£2,014	2
2003	£130,998	£2,090	2
2002	£120,500		1
2000	£73,500	£1,000	2
1998	£51,725	£822	2
1996	£47,750		1
1995	£46,500	£507	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£147,000	£2,534	1

All the Sales in the OAKWOOD DRIVE, LU3 3BA

See the table below for more details on the sold house prices in the LU3 3BA, Luton postcode.

Address	Sold Date	Price	% Change
6 OAKWOOD DRIVESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1967-1975	27 Oct 2023	£310,000	118.31%
	13 Dec 2004	£142,000	First Sale
5 OAKWOOD DRIVESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1950-1966	21 May 2021	£242,000	87.60%
	11 Jun 2003	£129,000	165.98%
	12 Mar 1998	£48,500	First Sale
18 OAKWOOD DRIVESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-1966	21 Aug 2020	£205,000	54.14%
	12 Sep 2003	£132,995	142.03%
	29 May 1998	£54,950	First Sale
9 OAKWOOD DRIVESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-1966	24 Oct 2019	£280,000	69.70%
	24 Jun 2005	£165,000	135.71%
	18 Aug 2000	£70,000	First Sale
12 OAKWOOD DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	30 Aug 2019	£275,000	439.22%
	22 Sep 1995	£51,000	First Sale
8 OAKWOOD DRIVESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-1966	31 Aug 2018	£300,000	88.68%
	23 Jul 2007	£159,000	278.57%
	30 Jun 1995	£42,000	First Sale
11 OAKWOOD DRIVESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	14 Nov 2016	£235,000	First Sale
15 OAKWOOD DRIVESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1950-1966	15 Sep 2014	£168,000	14.29%
	29 Sep 2006	£147,000	First Sale
4 OAKWOOD DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	05 Jun 2008	£184,950	42.82%
	11 Oct 2004	£129,500	First Sale
7 OAKWOOD DRIVESemi-Detached, Freehold	10 Aug 2007	£146,500	First Sale
14 OAKWOOD DRIVESemi-Detached, Freehold	12 Jul 2002	£120,500	152.36%
14 OAKWOOD DRIVESemi-Detached, Freehold	24 May 1996	£47,750	First Sale
16 OAKWOOD DRIVESemi-Detached, Freehold	20 Jun 2000	£77,000	First Sale

Check out the sold house prices near the LU3 3BA postcode. Properties currently for saleProperties currently for rent

OAKWOOD DRIVE, LU3 3BA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU3 3BA 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 3BA postcode.

Flat
- The average price is around £99,003 median price is £102,500 Standard Deviation is £48,093 with Total Sold: 144
- The Last 5 Year average price is £187,042 with Total Sold: 12
- The most recent sale happened at this postcode is , 17 RANOCK CLOSE: £205,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 10 RANOCK CLOSE: £36,000 (Sold on 24 Jan 1995)
Semi-Detached
- The average price is around £173,358 median price is £165,000 Standard Deviation is £86,448 with Total Sold: 1,134
- The Last 5 Year average price is £293,069 with Total Sold: 209
- The most recent sale happened at this postcode is , 54 GRAMPIAN WAY: £281,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 8 ARBROATH ROAD: £45,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £176,132 median price is £165,000 Standard Deviation is £93,906 with Total Sold: 131
- The Last 5 Year average price is £314,875 with Total Sold: 24
- The most recent sale happened at this postcode is , 320 SUNDON PARK ROAD: £351,000 (Sold on 17 Jul 2024)
- The first recorded sale happened at this postcode is , 322 SUNDON PARK ROAD: £60,000 (Sold on 02 Jun 1995)
Detached
- The average price is around £213,547 median price is £208,000 Standard Deviation is £90,005 with Total Sold: 37
- The Last 5 Year average price is £315,833 with Total Sold: 6
- The most recent sale happened at this postcode is , 79 PENNINE AVENUE: £325,000 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is , 19 SUNDON PARK PARADE: £81,250 (Sold on 21 Oct 1996)
Other
- The average price is around £1,936,093 median price is £316,500 Standard Deviation is £4,165,352 with Total Sold: 14
- The Last 5 Year average price is £2,371,529 with Total Sold: 7
- The most recent sale happened at this postcode is , 28 WELLFIELD AVENUE: £217,025 (Sold on 14 Dec 2021)
- The first recorded sale happened at this postcode is UNIT 13, PREMIER BUSINESS PARK DENCORA WAY: £400,000 (Sold on 01 Jul 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£184,333		3
2023	£210,333	£3,445	3
2022	£230,000	£3,966	1
2021	£192,500	£3,030	2
2020	£108,000	£1,370	1
2019	£168,750	£2,081	2
2018	£153,750	£2,485	2
2017	£160,750	£2,539	4
2016	£152,056	£2,570	8
2015	£130,000	£2,003	4
2014	£123,040	£1,998	11
2013	£107,375	£1,671	4
2012	£112,000	£1,925	2
2010	£115,250	£1,865	3
2009	£89,000		2
2008	£115,333	£2,193	3
2007	£119,400	£1,910	5
2006	£114,068	£1,861	14
2005	£101,600	£1,521	5
2004	£99,700	£1,481	5
2003	£85,496	£1,420	14
2002	£70,610	£1,074	9
2001	£62,500	£1,063	2
2000	£43,000	£764	7
1999	£41,938	£678	8
1998	£34,750	£419	5
1997	£33,750	£614	4
1996	£28,875	£538	4
1995	£32,815	£577	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£304,500	£4,245	10
2023	£327,278	£3,981	25
2022	£318,700	£3,875	40
2021	£289,116	£3,442	56
2020	£267,014	£3,249	35
2019	£273,036	£3,170	43
2018	£261,769	£3,252	39
2017	£264,691	£3,066	34
2016	£256,517	£3,043	42
2015	£212,722	£2,527	39
2014	£188,405	£2,148	50
2013	£169,300	£2,061	38
2012	£163,158	£1,865	19
2011	£156,333	£1,785	21
2010	£165,580	£1,880	25
2009	£161,980	£1,779	25
2008	£166,050	£1,800	29
2007	£171,893	£2,111	47
2006	£164,819	£1,961	47
2005	£168,685	£1,868	35
2004	£149,856	£1,783	52
2003	£153,429	£1,809	52
2002	£118,405	£1,414	43
2001	£98,185	£1,200	29
2000	£84,028	£1,001	47
1999	£73,294	£911	44
1998	£61,355	£783	46
1997	£53,866	£646	36
1996	£52,689	£604	42
1995	£50,656	£599	44

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,500		2
2023	£385,000	£3,500	1
2022	£385,625	£4,664	4
2021	£315,188	£3,380	8
2020	£285,000	£3,157	4
2019	£257,400	£2,862	5
2018	£272,600	£3,276	5
2017	£311,250	£2,553	2
2016	£250,500	£3,223	4
2015	£231,599	£2,404	5
2014	£154,800	£1,671	5
2013	£173,833	£1,938	3
2012	£173,000	£1,943	4
2011	£149,750	£2,042	2
2010	£171,000	£1,871	2
2009	£154,750	£1,518	4
2008	£192,500	£1,578	3
2007	£168,500	£2,032	4
2006	£161,300	£2,071	10
2005	£141,875	£1,733	4
2004	£154,166	£1,758	9
2003	£145,400	£1,704	5
2002	£107,300	£1,158	5
2001	£90,067	£1,028	6
2000	£82,874	£938	4
1999	£69,167	£742	6
1998	£55,317	£610	3
1997	£56,500	£582	3
1996	£39,200	£426	5
1995	£55,375	£506	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000	£3,009	1
2023	£372,500	£4,367	2
2021	£291,500	£3,219	2
2020	£242,000	£3,063	1
2018	£260,000	£2,680	1
2017	£424,500	£2,211	1
2015	£273,833	£2,470	3
2014	£269,900	£2,480	5
2009	£192,500	£1,713	2
2008	£213,500		1
2007	£206,000	£2,157	4
2006	£160,000	£1,975	1
2004	£153,998	£1,732	3
2003	£141,499	£1,496	4
2001	£118,998	£935	2
1999	£79,000	£1,082	1
1997	£70,998		2
1996	£81,250		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£5,298,568	£4,000	3
2019	£176,250		4
2018	£7,330,201		1
2017	£508,133		3
2016	£625,000		2
2015	£400,000		1

House Type in LU3 3BA area

The most common house types in the LU3 3BA postcode area are Semi-detached (102), Terraced (2), and Flat (2).

Total	107
Semi-detached	102
Terraced	2
Flat	2
Detached	1
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 with a mortgage or loan (56), and Owned: Owns outright (41).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	41
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	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 3BA have 2 people in household (37), and 1 person in household (20).

2 people in household	37
1 person in household	20
3 people in household	19
4 people in household	18
5 people in household	7
6 people in household	3
7 people in household	2
8 or more people in household	1
0 people in household	0