Housing Market Analysis for UNDERWOOD CLOSE, LU3 3UW

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

Overview of Sold House prices

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

Terraced
- The average price is around £127,450 median price is £133,750 Standard Deviation is £54,453 with Total Sold: 28
- The Last 5 Year average price is £243,750 with Total Sold: 2
- The most recent sale happened at this postcode is 87 UNDERWOOD CLOSE: £281,500 (Sold on 13 Jan 2023)
- The first recorded sale happened at this postcode is 76 UNDERWOOD CLOSE: £26,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £162,143 median price is £145,000 Standard Deviation is £38,842 with Total Sold: 7
- The Last 5 Year average price is £225,000 with Total Sold: 1
- The most recent sale happened at this postcode is 60 UNDERWOOD CLOSE: £225,000 (Sold on 20 Jun 2019)
- The first recorded sale happened at this postcode is 8 UNDERWOOD CLOSE: £128,000 (Sold on 05 Mar 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average LU3 3UW 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£281,500	£3,609	1
2019	£206,000	£2,424	1
2017	£218,000	£2,907	1
2016	£142,337	£1,833	2
2015	£152,500	£1,967	2
2012	£140,000	£1,683	1
2011	£144,000	£1,722	1
2009	£129,995	£1,549	1
2008	£103,500		1
2007	£123,925	£1,450	5
2006	£125,750	£1,473	6
2002	£84,750	£1,053	3
2000	£50,776	£523	2
1995	£26,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£225,000	£2,647	1
2017	£215,000	£2,312	1
2010	£122,000	£1,435	1
2006	£155,000	£1,559	2
2005	£135,000		1
2004	£128,000	£1,376	1

All the Sales in the UNDERWOOD CLOSE, LU3 3UW

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

Address	Sold Date	Price	% Change
87 UNDERWOOD CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1983-1990	13 Jan 2023	£281,500	75.94%
	17 Apr 2015	£160,000	First Sale
73 UNDERWOOD CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1991-1995	16 Sep 2019	£206,000	130.17%
	10 Sep 2002	£89,500	First Sale
60 UNDERWOOD CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 2003-2006	20 Jun 2019	£225,000	84.43%
	23 Mar 2010	£122,000	First Sale
8 UNDERWOOD CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1983-1990	12 Oct 2017	£215,000	48.28%
	17 Nov 2006	£145,000	13.28%
	05 Mar 2004	£128,000	First Sale
81 UNDERWOOD CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1991-1995	04 Aug 2017	£218,000	First Sale
1 UNDERWOOD CLOSETerraced, FreeholdArea: 86.58 Sq.mtrAge: 1991-1995	01 Aug 2016	£97,674	First Sale
93 UNDERWOOD CLOSETerraced, FreeholdArea: 73.7 Sq.mtrAge: 1983-1990	14 Jan 2016	£187,000	First Sale
68 UNDERWOOD CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1983-1990	21 Aug 2015	£145,000	9.43%
	24 Aug 2006	£132,500	First Sale
18 UNDERWOOD CLOSETerraced, FreeholdArea: 83.2 Sq.mtrAge: 1976-1982	19 Mar 2012	£140,000	3.70%
	08 Sep 2006	£135,000	First Sale
85 UNDERWOOD CLOSETerraced, FreeholdArea: 83.6 Sq.mtrAge: 1991-1995	25 Mar 2011	£144,000	First Sale
43 UNDERWOOD CLOSETerraced, FreeholdArea: 83.9 Sq.mtrAge: 1983-1990	03 Oct 2009	£129,995	-3.71%
	19 Feb 2007	£135,000	First Sale
64 UNDERWOOD CLOSETerraced, Freehold	15 Feb 2008	£103,500	First Sale
17 UNDERWOOD CLOSETerraced, FreeholdArea: 84.52 Sq.mtrAge: 1983-1990	24 Aug 2007	£140,500	First Sale
49 UNDERWOOD CLOSETerraced, Freehold	31 Jul 2007	£76,125	First Sale
92 UNDERWOOD CLOSETerraced, Freehold	08 May 2007	£128,000	First Sale
3 UNDERWOOD CLOSETerraced, Freehold	30 Mar 2007	£140,000	233.33%
3 UNDERWOOD CLOSETerraced, Freehold	12 Apr 2002	£42,000	First Sale
79 UNDERWOOD CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1983-1990	16 Oct 2006	£99,000	First Sale
13 UNDERWOOD CLOSETerraced, Freehold	13 Oct 2006	£86,000	First Sale
63 UNDERWOOD CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1967-1975	21 Jul 2006	£151,000	123.70%
	20 Jul 2000	£67,500	98.23%
	28 Jan 2000	£34,052	First Sale
61 UNDERWOOD CLOSESemi-Detached, Freehold	12 Apr 2006	£165,000	22.22%
61 UNDERWOOD CLOSESemi-Detached, Freehold	09 Nov 2005	£135,000	First Sale
21 UNDERWOOD CLOSETerraced, Freehold	24 Mar 2006	£151,000	First Sale
65 UNDERWOOD CLOSETerraced, Freehold	12 Apr 2002	£122,750	First Sale
76 UNDERWOOD CLOSETerraced, Leasehold	31 Mar 1995	£26,000	First Sale

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

UNDERWOOD CLOSE, LU3 3UW Near By properties

Interactive Map

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

Detached
- The average price is around £223,411 median price is £210,000 Standard Deviation is £110,560 with Total Sold: 293
- The Last 5 Year average price is £389,218 with Total Sold: 39
- The most recent sale happened at this postcode is , 35 BURFORD CLOSE: £415,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 15 MEES CLOSE: £68,500 (Sold on 13 Apr 1995)
Terraced
- The average price is around £118,837 median price is £114,000 Standard Deviation is £70,810 with Total Sold: 457
- The Last 5 Year average price is £245,891 with Total Sold: 55
- The most recent sale happened at this postcode is , 44 LUXEMBOURG CLOSE: £270,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 20 MORRIS CLOSE: £24,000 (Sold on 07 Mar 1995)
Semi-Detached
- The average price is around £140,515 median price is £128,000 Standard Deviation is £82,374 with Total Sold: 191
- The Last 5 Year average price is £253,412 with Total Sold: 27
- The most recent sale happened at this postcode is , 59A DENHAM CLOSE: £246,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 17 MEES CLOSE: £59,995 (Sold on 24 Mar 1995)
Flat
- The average price is around £89,415 median price is £88,000 Standard Deviation is £40,607 with Total Sold: 62
- The Last 5 Year average price is £113,870 with Total Sold: 10
- The most recent sale happened at this postcode is , 14 OLYMPIC CLOSE: £85,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is , 20 OLYMPIC CLOSE: £17,995 (Sold on 01 May 1998)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£337,500		4
2023	£420,000	£4,603	5
2022	£428,556	£4,379	9
2021	£408,778	£3,537	9
2020	£355,286	£3,651	7
2019	£341,300	£3,578	5
2018	£374,405	£3,538	12
2017	£349,333	£4,181	6
2016	£337,714	£3,319	7
2015	£317,944	£2,781	9
2014	£277,500	£2,552	9
2013	£257,500	£2,408	8
2012	£231,688	£2,176	8
2011	£220,812	£2,063	8
2010	£275,300	£2,137	4
2009	£237,167	£2,173	6
2008	£228,000	£2,492	5
2007	£263,856	£2,985	7
2006	£238,875	£2,217	12
2005	£235,624	£2,001	8
2004	£228,500	£1,870	4
2003	£207,482	£1,995	14
2002	£180,565	£1,590	23
2001	£153,985	£1,389	20
2000	£143,633	£1,349	15
1999	£118,529	£1,216	17
1998	£106,125	£1,076	8
1997	£97,818	£890	22
1996	£78,700	£774	11
1995	£85,245	£794	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,000		2
2023	£254,625	£2,986	8
2022	£279,029	£3,368	17
2021	£225,136	£2,699	11
2020	£219,600	£2,405	10
2019	£214,429	£2,388	7
2018	£208,500	£2,238	9
2017	£213,588	£2,855	17
2016	£182,706	£2,270	13
2015	£144,933	£1,848	15
2014	£142,062	£1,558	8
2013	£116,444	£1,268	9
2012	£126,208	£1,589	12
2011	£129,889	£1,323	9
2010	£140,438	£1,348	8
2009	£112,928	£1,437	7
2008	£119,900	£1,328	10
2007	£131,955	£1,670	25
2006	£128,666	£1,460	25
2005	£118,208	£1,518	12
2004	£116,541	£1,473	24
2003	£109,770	£1,541	22
2002	£76,906	£1,025	44
2001	£71,750	£964	22
2000	£56,064	£667	29
1999	£43,713	£635	22
1998	£42,499	£541	13
1997	£33,156	£450	23
1996	£29,666	£398	15
1995	£32,327	£416	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,500	£2,276	2
2023	£226,400	£3,893	5
2022	£269,000	£2,757	5
2021	£328,375	£3,805	7
2020	£180,000	£2,605	3
2019	£211,500	£2,377	5
2018	£235,333	£2,777	3
2017	£258,143	£2,611	7
2016	£212,500	£2,443	1
2015	£135,000	£2,596	1
2014	£238,500	£2,307	2
2013	£123,625	£2,010	2
2012	£182,500	£2,393	2
2011	£183,786	£2,204	7
2010	£133,200	£1,801	5
2009	£153,100	£1,655	5
2008	£161,000	£1,755	3
2007	£159,285	£1,755	7
2006	£159,000	£1,874	14
2005	£129,292	£1,592	13
2004	£138,303	£1,435	13
2003	£119,285	£1,534	7
2002	£111,924	£1,451	18
2001	£76,473	£997	10
2000	£63,100	£829	10
1999	£70,950	£877	10
1998	£46,700	£605	8
1997	£42,200	£495	10
1996	£42,562	£493	4
1995	£52,498	£894	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£125,000	£2,874	3
2022	£89,000	£2,781	1
2021	£130,667	£2,304	3
2020	£75,100	£1,760	2
2019	£132,500	£3,081	1
2018	£140,000	£3,590	1
2017	£210,000	£2,500	1
2016	£126,000	£2,244	6
2015	£104,900	£2,108	5
2014	£80,000	£1,311	1
2013	£78,000	£1,660	1
2011	£73,000	£1,587	1
2010	£61,500	£1,606	2
2009	£98,650	£1,355	2
2008	£83,167	£1,933	3
2007	£100,625	£1,730	4
2006	£100,625	£1,829	6
2005	£77,500	£1,107	1
2004	£87,125	£1,295	4
2003	£69,250	£1,410	2
2002	£51,665	£1,286	3
2001	£30,000	£789	2
2000	£31,750	£580	4
1999	£21,500	£581	2
1998	£17,995	£545	1

House Type in LU3 3UW area

The most common house types in the LU3 3UW postcode area are Terraced (58), Semi-detached (27), and Flat (19).

Total	107
Terraced	58
Semi-detached	27
Flat	19
Detached	2
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (46), and Owned: Owns with a mortgage or loan (26).

Social rented: Rents from council or Local Authority	46
Owned: Owns with a mortgage or loan	26
Shared ownership: Shared ownership	10
Private rented: Private landlord or letting agency	9
Owned: Owns outright	8
Private rented: Other private rented	8
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LU3 3UW have 3 people in household (28), and 4 people in household (26).

3 people in household	28
4 people in household	26
1 person in household	22
2 people in household	22
5 people in household	4
6 people in household	3
7 people in household	2
0 people in household	0
8 or more people in household	0