Housing Market Analysis for MENDIP WAY, LU3 3JL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £197,569 median price is £180,000 Standard Deviation is £98,278 with Total Sold: 23
- The Last 5 Year average price is £321,857 with Total Sold: 7
- The most recent sale happened at this postcode is 8 MENDIP WAY: £320,000 (Sold on 26 Feb 2024)
- The first recorded sale happened at this postcode is 40 MENDIP WAY: £260,000 (Sold on 17 Feb 2023)
Terraced
- The average price is around £252,000 median price is £228,500 Standard Deviation is £112,088 with Total Sold: 8
- The Last 5 Year average price is £353,500 with Total Sold: 4
- The most recent sale happened at this postcode is 28 MENDIP WAY: £385,000 (Sold on 16 Sep 2022)
- The first recorded sale happened at this postcode is 12 MENDIP WAY: £89,000 (Sold on 07 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 3JL 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
2024	£320,000	£4,156	1
2023	£340,000	£4,634	3
2022	£385,000	£4,053	1
2020	£278,000	£3,432	1
2019	£250,000	£2,717	1
2016	£235,100	£3,000	1
2014	£180,000	£2,143	1
2013	£185,500	£2,086	2
2007	£213,500		1
2006	£160,000		1
2005	£161,500	£1,964	2
2003	£142,750		2
2001	£130,998	£1,367	2
2000	£84,995		1
1996	£55,000		1
1995	£60,500		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£405,000	£4,262	2
2021	£329,000	£2,653	1
2019	£275,000	£2,778	1
2007	£182,000	£2,193	1
2006	£165,000		1
2004	£166,000	£2,101	1
2000	£89,000	£1,127	1

All the Sales in the MENDIP WAY, LU3 3JL

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

Address	Sold Date	Price	% Change
8 MENDIP WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	26 Feb 2024	£320,000	First Sale
62 MENDIP WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	05 Sep 2023	£390,000	116.67%
	23 May 2014	£180,000	First Sale
78 MENDIP WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	06 Feb 2023	£370,000	208.35%
	07 Oct 2001	£119,995	First Sale
30 MENDIP WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-1966	19 Dec 2022	£385,000	First Sale
28 MENDIP WAYTerraced, FreeholdArea: 91 Sq.mtrAge: 1950-1966	16 Sep 2022	£385,000	First Sale
50 MENDIP WAYTerraced, FreeholdArea: 99 Sq.mtrAge: 1950-1966	05 Aug 2022	£425,000	54.55%
	08 Nov 2019	£275,000	First Sale
52 MENDIP WAYTerraced, FreeholdArea: 124 Sq.mtrAge: 1950-1966	08 Jan 2021	£329,000	First Sale
80 MENDIP WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	11 Feb 2020	£278,000	First Sale
42 MENDIP WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	20 Sep 2019	£250,000	First Sale
22 MENDIP WAYSemi-Detached, FreeholdArea: 78.36 Sq.mtrAge: 1950-1966	29 Jul 2016	£235,100	First Sale
64 MENDIP WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	06 Nov 2013	£188,500	First Sale
54 MENDIP WAYSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	21 Feb 2013	£182,500	First Sale
66 MENDIP WAYSemi-Detached, Freehold	23 Nov 2007	£213,500	151.19%
66 MENDIP WAYSemi-Detached, Freehold	29 Jun 2000	£84,995	First Sale
18 MENDIP WAYTerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	21 Sep 2007	£182,000	First Sale
76 MENDIP WAYTerraced, Freehold	19 May 2006	£165,000	First Sale
6 MENDIP WAYSemi-Detached, Freehold	07 Apr 2006	£160,000	1.27%
6 MENDIP WAYSemi-Detached, Freehold	30 Sep 2005	£158,000	First Sale
20 MENDIP WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	27 Jun 2005	£165,000	First Sale
12 MENDIP WAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	23 Apr 2004	£166,000	86.52%
	07 Nov 2000	£89,000	First Sale
38 MENDIP WAYSemi-Detached, Freehold	12 Jun 2003	£148,000	First Sale
26 MENDIP WAYSemi-Detached, Freehold	21 Feb 2003	£137,500	First Sale
74 MENDIP WAYSemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1950-1966	12 Oct 2001	£142,000	First Sale
14 MENDIP WAYSemi-Detached, Freehold	23 Feb 1996	£55,000	First Sale
36 MENDIP WAYSemi-Detached, Freehold	27 Oct 1995	£54,000	First Sale
2 MENDIP WAYSemi-Detached, Freehold	24 Mar 1995	£67,000	First Sale
40 MENDIP WAYSemi-Detached, Freehold	17 Feb 2023	£260,000	First Sale

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

MENDIP WAY, LU3 3JL Near By properties

Interactive Map

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

Flat
- The average price is around £90,592 median price is £93,000 Standard Deviation is £45,675 with Total Sold: 190
- The Last 5 Year average price is £155,735 with Total Sold: 17
- The most recent sale happened at this postcode is , 14 RANOCK CLOSE: £151,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 10 RANOCK CLOSE: £36,000 (Sold on 24 Jan 1995)
Terraced
- The average price is around £128,935 median price is £116,500 Standard Deviation is £81,756 with Total Sold: 381
- The Last 5 Year average price is £265,076 with Total Sold: 46
- 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 , 139 BRUSSELS WAY: £33,995 (Sold on 10 Jan 1995)
Detached
- The average price is around £217,765 median price is £214,000 Standard Deviation is £87,174 with Total Sold: 32
- The Last 5 Year average price is £305,000 with Total Sold: 5
- 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 , 97 ROSSFOLD ROAD: £80,000 (Sold on 27 Mar 1997)
Semi-Detached
- The average price is around £170,947 median price is £164,000 Standard Deviation is £86,642 with Total Sold: 1,191
- The Last 5 Year average price is £293,127 with Total Sold: 209
- The most recent sale happened at this postcode is , 87 PENNINE AVENUE: £275,000 (Sold on 07 Mar 2024)
- The first recorded sale happened at this postcode is , 8 ARBROATH ROAD: £45,000 (Sold on 06 Jan 1995)
Other
- The average price is around £467,753 median price is £435,000 Standard Deviation is £391,026 with Total Sold: 8
- The Last 5 Year average price is £210,506 with Total Sold: 4
- 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	£117,833	£1,429	3
2023	£179,200	£3,165	5
2022	£156,667	£2,668	3
2021	£192,500	£3,030	2
2020	£108,000	£1,370	1
2019	£145,000	£2,658	3
2018	£146,250	£3,156	2
2017	£168,000	£2,610	3
2016	£146,950	£2,360	10
2015	£124,700	£2,133	5
2014	£121,370	£1,961	12
2013	£107,375	£1,671	4
2012	£94,333	£1,595	3
2011	£82,500	£1,231	1
2010	£98,292	£1,669	6
2009	£89,000		2
2008	£105,625	£1,629	8
2007	£118,857	£1,984	7
2006	£109,639	£1,913	14
2005	£98,429	£1,515	7
2004	£88,050	£1,276	10
2003	£85,916	£1,495	15
2002	£65,021	£1,056	11
2001	£47,499	£835	6
2000	£42,889	£696	9
1999	£36,623	£583	12
1998	£37,562	£492	4
1997	£28,429	£446	7
1996	£24,583	£362	6
1995	£29,301	£496	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,000		1
2023	£268,333	£3,225	3
2022	£289,864	£3,872	11
2021	£257,611	£3,185	18
2020	£255,833	£3,347	6
2019	£239,571	£2,890	7
2018	£229,454	£3,053	13
2017	£223,450	£3,177	10
2016	£213,818	£3,009	11
2015	£185,461	£2,398	13
2014	£143,000	£1,799	9
2013	£134,222	£1,850	9
2012	£134,909	£1,858	11
2011	£119,286	£1,728	7
2010	£133,286	£1,826	7
2009	£117,000	£1,535	5
2008	£146,031	£1,728	8
2007	£139,406	£1,996	16
2006	£142,856	£1,978	21
2005	£117,455	£1,731	22
2004	£128,125	£1,670	22
2003	£114,227	£1,577	13
2002	£79,535	£1,156	27
2001	£74,322	£964	13
2000	£57,299	£853	20
1999	£51,900	£660	15
1998	£38,497	£582	21
1997	£34,263	£453	19
1996	£31,850	£423	14
1995	£43,161	£546	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000	£3,009	1
2023	£375,000	£4,167	1
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
2007	£206,000	£2,157	4
2004	£153,998	£1,732	3
2003	£141,500	£1,657	4
2001	£129,995	£935	1
1999	£79,000	£1,082	1
1997	£70,998		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£298,800	£4,245	5
2023	£324,791	£3,936	29
2022	£317,726	£3,875	42
2021	£293,864	£3,433	55
2020	£265,515	£3,239	33
2019	£268,479	£3,166	45
2018	£262,525	£3,215	40
2017	£264,622	£3,093	37
2016	£256,516	£3,043	45
2015	£213,199	£2,520	41
2014	£188,091	£2,141	52
2013	£169,247	£2,057	38
2012	£163,158	£1,865	19
2011	£156,333	£1,785	21
2010	£168,278	£1,863	27
2009	£161,519	£1,778	26
2008	£166,050	£1,800	29
2007	£170,817	£2,080	52
2006	£160,764	£1,991	53
2005	£166,514	£1,851	35
2004	£149,027	£1,776	56
2003	£146,451	£1,742	56
2002	£117,927	£1,389	46
2001	£94,693	£1,169	33
2000	£82,200	£994	54
1999	£71,152	£861	47
1998	£60,012	£772	49
1997	£54,044	£646	38
1996	£51,623	£595	44
1995	£50,656	£599	44

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£217,025	£3,145	1
2019	£208,333		3
2017	£1,250,000		1
2016	£625,000		2
2015	£400,000		1

House Type in LU3 3JL area

The most common house types in the LU3 3JL postcode area are Semi-detached (119), Terraced (2), and Shared house (1).

Total	122
Semi-detached	119
Terraced	2
Shared house	1
Detached	0
Flat	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 (56), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	56
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	17
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 3JL have 2 people in household (45), and 1 person in household (23).

2 people in household	45
1 person in household	23
3 people in household	23
4 people in household	23
5 people in household	5
7 people in household	2
6 people in household	1
0 people in household	0
8 or more people in household	0