Housing Market Analysis for SPEAR CLOSE, LU3 3QY

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £82,282 median price is £86,000 Standard Deviation is £41,320 with Total Sold: 26
    • The Last 5 Year average price is £135,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 50 SPEAR CLOSE: £143,000 (Sold on 19 Aug 2022)
    • The first recorded sale happened at this postcode is 48 SPEAR CLOSE: £155,000 (Sold on 17 May 2024)
  • Terraced
    • The average price is around £86,249 median price is £74,995 Standard Deviation is £55,021 with Total Sold: 10
    • The Last 5 Year average price is £157,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 26 SPEAR CLOSE: £130,000 (Sold on 10 Sep 2021)
    • The first recorded sale happened at this postcode is 16 SPEAR CLOSE: £26,000 (Sold on 02 Jan 1997)
  • Semi-Detached
    • The average price is around £33,600 median price is £33,600 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 SPEAR CLOSE: £33,600 (Sold on 02 Mar 2001)
    • The first recorded sale happened at this postcode is 28 SPEAR CLOSE: £33,600 (Sold on 02 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 3QY 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£143,000 £2,979 1
2020£117,000 £2,786 1
2019£125,000 £2,358 1
2018£140,000 £2,800 1
2017£130,000 £2,653 1
2016£120,000 £2,500 1
2015£102,250 £2,187 2
2011£85,000 £1,414 1
2008£96,000 £1,811 1
2007£89,000 £2,070 2
2006£101,000 £1,804 1
2005£83,500 £1,575 1
2004£75,2502
2003£75,0001
2001£45,917 £816 3
2000£14,080 £251 1
1999£26,000 £619 1
1998£25,0001
1997£19,0001
1995£14,000 £264 1
2024£155,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£130,000 £2,524 1
2019£185,000 £3,073 1
2017£170,000 £2,824 1
2006£79,995 £1,600 1
2003£79,998 £1,477 2
2002£53,500 £939 1
2000£32,000 £561 1
1997£26,000 £456 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£33,600 £764 1

All the Sales in the SPEAR CLOSE, LU3 3QY

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

AddressSold DatePrice% Change
50 SPEAR CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-198219 Aug 2022£143,00019.17%
05 Sep 2016£120,00071.44%
26 Jun 2003£69,995First Sale
26 SPEAR CLOSETerraced, LeaseholdArea: 51.5 Sq.mtrAge: 1976-198210 Sep 2021£130,00062.51%
30 Nov 2006£79,995First Sale
68 SPEAR CLOSEFlat, LeaseholdArea: 42 Sq.mtrAge: 1976-198213 Nov 2020£117,00011.96%
22 May 2015£104,50020.11%
03 Jan 2007£87,000234.62%
17 Dec 1999£26,000First Sale
48 SPEAR CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 1967-197515 May 2019£125,00025.00%
08 May 2015£100,0004.17%
08 Aug 2008£96,00014.97%
31 Jan 2005£83,50093.06%
26 Sep 2001£43,250208.93%
12 Oct 1995£14,000-90.97%
17 May 2024£155,000First Sale
2 SPEAR CLOSETerraced, LeaseholdArea: 60.2 Sq.mtrAge: 1976-198211 Apr 2019£185,0008.82%
02 May 2017£170,00088.89%
19 Aug 2003£90,000First Sale
32 SPEAR CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-199013 Mar 2018£140,000First Sale
74 SPEAR CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1976-198225 Aug 2017£130,000First Sale
14 SPEAR CLOSEFlat, LeaseholdArea: 60.1 Sq.mtrAge: 1967-197526 Jul 2011£85,000First Sale
28 SPEAR CLOSEFlat, LeaseholdArea: 44 Sq.mtrAge: 1976-198202 Feb 2007£91,000170.83%
02 Mar 2001£33,600First Sale
20 SPEAR CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1983-199023 Jun 2006£101,000617.33%
24 Jul 2000£14,080First Sale
82 SPEAR CLOSEFlat, Leasehold04 Jun 2004£76,000192.31%
03 Oct 1997£26,000First Sale
22 SPEAR CLOSEFlat, Leasehold23 Jan 2004£74,500First Sale
42 SPEAR CLOSEFlat, Leasehold27 Nov 2003£75,00063.04%
03 Dec 2001£46,00084.00%
20 Mar 1998£25,000First Sale
16 SPEAR CLOSETerraced, LeaseholdArea: 57 Sq.mtrAge: 1976-198228 May 2002£53,50067.19%
21 Nov 2000£32,00023.08%
02 Jan 1997£26,000First Sale
12 SPEAR CLOSEFlat, Leasehold31 Aug 2001£48,500First Sale
34 SPEAR CLOSEFlat, Leasehold21 Mar 1997£19,000First Sale

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

SPEAR CLOSE, LU3 3QY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £157,482 median price is £145,000 Standard Deviation is £90,879 with Total Sold: 655
    • The Last 5 Year average price is £289,844 with Total Sold: 108
    • 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 , 44 BRAMINGHAM ROAD: £50,000 (Sold on 23 Feb 1995)
  • Terraced
    • The average price is around £131,593 median price is £124,997 Standard Deviation is £74,504 with Total Sold: 1,110
    • The Last 5 Year average price is £247,058 with Total Sold: 160
    • 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)
  • Flat
    • The average price is around £74,271 median price is £74,950 Standard Deviation is £37,817 with Total Sold: 321
    • The Last 5 Year average price is £130,677 with Total Sold: 33
    • The most recent sale happened at this postcode is , 48 SPEAR CLOSE: £155,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 64 PENDA CLOSE: £25,000 (Sold on 31 Jan 1995)
  • Detached
    • The average price is around £238,837 median price is £235,000 Standard Deviation is £123,847 with Total Sold: 79
    • The Last 5 Year average price is £375,762 with Total Sold: 21
    • The most recent sale happened at this postcode is , 43 REPTON CLOSE: £280,000 (Sold on 07 Dec 2023)
    • The first recorded sale happened at this postcode is , 1 THELBY CLOSE: £102,000 (Sold on 03 May 1996)
  • Other
    • The average price is around £801,774 median price is £182,500 Standard Deviation is £2,222,755 with Total Sold: 14
    • The Last 5 Year average price is £1,221,105 with Total Sold: 8
    • The most recent sale happened at this postcode is , 1A ALESIA ROAD: £130,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is , 211A MARSH ROAD: £193,000 (Sold on 20 Nov 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£304,125 £4,872 12
2023£310,667 £3,928 15
2022£337,161 £3,914 23
2021£276,150 £3,429 20
2020£261,531 £3,287 16
2019£251,432 £3,330 22
2018£255,297 £3,113 18
2017£257,489 £3,024 23
2016£245,200 £3,090 20
2015£215,875 £2,504 16
2014£186,856 £2,225 18
2013£170,867 £2,117 15
2012£176,286 £2,174 7
2011£123,100 £1,616 5
2010£168,643 £2,051 14
2009£141,100 £1,819 10
2008£164,908 £2,154 18
2007£170,460 £2,025 38
2006£151,080 £1,641 25
2005£155,816 £1,864 19
2004£135,568 £1,792 29
2003£130,156 £1,712 35
2002£107,978 £1,251 38
2001£85,613 £1,098 36
2000£75,654 £1,021 42
1999£58,898 £773 40
1998£55,646 £686 32
1997£47,262 £535 20
1996£44,411 £580 17
1995£46,208 £515 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,458 £2,796 12
2023£267,517 £3,636 23
2022£275,216 £3,708 37
2021£232,984 £2,981 37
2020£227,153 £2,996 18
2019£221,174 £2,926 33
2018£235,768 £3,043 28
2017£218,762 £3,047 53
2016£206,161 £2,755 32
2015£163,598 £2,386 32
2014£148,097 £2,011 46
2013£126,382 £1,770 17
2012£124,758 £1,700 31
2011£128,898 £1,731 21
2010£125,367 £1,906 15
2009£125,800 £1,676 14
2008£140,430 £1,884 19
2007£145,759 £1,881 57
2006£127,660 £1,807 48
2005£123,353 £1,495 33
2004£122,084 £1,702 50
2003£115,503 £1,501 66
2002£89,304 £1,218 72
2001£70,503 £908 54
2000£59,641 £859 51
1999£50,951 £716 59
1998£42,709 £601 38
1997£42,365 £595 49
1996£37,479 £515 38
1995£37,916 £483 27
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,500 £3,421 2
2023£146,850 £2,944 5
2022£124,771 £2,633 7
2021£153,618 £2,653 6
2020£110,167 £2,944 6
2019£119,571 £2,956 7
2018£126,950 £2,848 10
2017£128,293 £2,820 7
2016£123,714 £2,794 7
2015£102,500 £2,339 13
2014£82,731 £1,873 13
2013£79,000 £1,672 3
2012£80,500 £1,705 13
2011£81,518 £1,513 7
2010£70,332 £1,891 3
2009£75,375 £1,920 4
2008£79,271 £1,774 6
2007£94,225 £1,944 20
2006£83,233 £2,112 15
2005£89,964 £1,856 14
2004£76,999 £2,213 12
2003£73,535 £1,653 20
2002£58,146 £1,374 21
2001£44,176 £1,010 17
2000£39,224 £845 16
1999£31,166 £746 21
1998£28,422 £652 16
1997£26,900 £585 13
1996£22,332 £430 6
1995£24,114 £563 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£384,167 £4,340 6
2022£402,667 £4,654 3
2021£360,667 £3,929 6
2020£438,000 £2,610 2
2019£334,500 £2,927 4
2018£292,500 £3,529 4
2017£370,400 £2,789 5
2016£350,000 £3,271 1
2014£247,500 £2,134 2
2013£220,400 £2,424 5
2012£197,500 £2,597 2
2010£155,0001
2008£187,500 £2,119 2
2007£219,749 £2,372 4
2006£232,500 £2,426 2
2005£212,500 £1,968 3
2004£168,375 £2,142 4
2003£157,500 £1,853 4
2002£160,250 £1,507 2
2000£86,5001
1999£126,167 £1,330 3
1998£58,550 £506 3
1997£77,428 £966 7
1996£98,333 £641 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£130,0001
2021£97,2504
2020£270,000 £3,750 1
2019£4,489,922 £2,569 2
2018£99,000 £2,278 2
2017£195,0001
2016£435,0002
2015£193,0001

House Type in LU3 3QY area

The most common house types in the LU3 3QY postcode area are Flat (124), Semi-detached (9), and Detached (1).

Total134
Flat124
Semi-detached9
Detached1
Terraced0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (49), and Social rented: Other social rented (29).

Social rented: Rents from council or Local Authority49
Social rented: Other social rented29
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency20
Owned: Owns outright10
Private rented: Other private rented3
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the LU3 3QY have 1 person in household (48), and 2 people in household (31).

1 person in household48
2 people in household31
3 people in household31
5 people in household10
4 people in household9
7 people in household3
6 people in household2
8 or more people in household1
0 people in household0