Spear Close - LU3 3QX
Key Postcode Insights
LU3 3QX is a residential postcode situated on Spear Close, Luton, LU3 with 42 addresses.
It ranks as the 613th largest and 37th most expensive of the 800 postcodes in the LU3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 2 houses and 40 flats.
- Ave. Sale Price
- £146,863
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £980pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Postcode Insights
LU3 3QX is a residential postcode situated on Spear Close, Luton, LU3 with 42 addresses.
It ranks as the 613th largest and 37th most expensive of the 800 postcodes in the LU3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 2 houses and 40 flats.
- Ave. Sale Price
- £146,863
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £980pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Propertiesin LU3 3QX
- 1 Spear Close
2 Bed Mid-century Flat
- 3 Spear Close
2 Bed Mid-century Flat
- 5 Spear Close
Flat
- 7 Spear Close
2 Bed Mid-century Flat
- 9 Spear Close
2 Bed Modern Flat
Sales Market Trends
The last sale in LU3 3QX sold for £135,000 on 27th April 2023. Since then prices are down an average of 0.6%.
The current average value in the postcode is £146,863.
The LU3 3QX Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £146,863 |
| June 2025 | 1.1% | £148,620 |
| June 2024 | -0.2% | £147,031 |
| June 2023 | -1.6% | £147,267 |
| June 2022 | 11.8% | £149,715 |
| June 2021 | 5.2% | £133,897 |
| June 2020 | 0% | £127,251 |
| June 2019 | -3% | £127,286 |
| June 2018 | -0.3% | £131,206 |
| June 2017 | 6.9% | £131,548 |
| June 2016 | 19.1% | £123,022 |
| June 2015 | 12.9% | £103,297 |
| June 2014 | 8.9% | £91,476 |
| June 2013 | 2.6% | £84,028 |
| June 2012 | -0.7% | £81,885 |
| June 2011 | -1.8% | £82,447 |
| June 2010 | 5.3% | £83,983 |
| June 2009 | -12.8% | £79,726 |
| June 2008 | -5.4% | £91,470 |
| June 2007 | 0% | £96,658 |
Rental Market Trends
The current average rental value in the postcode is £980.
The LU3 3QX Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £980pcm |
| June 2025 | 1% | £959pcm |
| June 2024 | 10.8% | £949pcm |
| June 2023 | 12.8% | £856pcm |
| June 2022 | 5.9% | £759pcm |
| June 2021 | 5.2% | £717pcm |
| June 2020 | 0.7% | £681pcm |
| June 2019 | -1.8% | £677pcm |
| June 2018 | -2.3% | £689pcm |
| June 2017 | 3.8% | £705pcm |
| June 2016 | 10.4% | £679pcm |
| June 2015 | 8.2% | £615pcm |
| June 2014 | 3.7% | £568pcm |
| June 2013 | 0.4% | £548pcm |
| June 2012 | 3.1% | £546pcm |
| June 2011 | 3.1% | £529pcm |
| June 2010 | 2.4% | £513pcm |
| June 2009 | -6.5% | £502pcm |
| June 2008 | 0.3% | £537pcm |
| June 2007 | 0% | £535pcm |
Sales History
The last sale was on 27th April 2023 for £135,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 47 sales since 1995.
LU3 3QX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2023£135,000 | 2 Bed Flat71, Spear Close, Luton, LU3 3QX71, Spear Close, Luton, LU3 3QX
- Sold Nov 2018£140,000 | 2 Bed Flat47, Spear Close, Luton, LU3 3QX47, Spear Close, Luton, LU3 3QX
- Sold Jul 2016£117,000 | 2 Bed Flat47, Spear Close, Luton, LU3 3QX47, Spear Close, Luton, LU3 3QX
- Sold Jun 2016£125,000 | 2 Bed Flat77, Spear Close, Luton, LU3 3QX77, Spear Close, Luton, LU3 3QX
- Sold Apr 2016£110,000 | 2 Bed Flat43, Spear Close, Luton, LU3 3QX43, Spear Close, Luton, LU3 3QX
Nearby Postcodes
LU3 3QX is the 613th largest and the 37th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3QY, Spear Close, Luton, LU3LU3 3QY42 Addresses|67 m away
- LU3 3UL, Repton Close, Luton, LU3LU3 3UL68 Addresses|90 m away
- LU3 3LS, Arrow Close, Luton, LU3LU3 3LS58 Addresses|104 m away
- LU3 3QH, Alesia Road, Luton, LU3LU3 3QH47 Addresses|124 m away
- LU3 2TN, Weltmore Road, Luton, LU3LU3 2TN60 Addresses|203 m away
Property Types
- 20 modern flats built after 1980
- 15 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 5 other addresses of unknown type
- modern flat (20)
- mid-century flat (15)
- house (1)
- flat (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 36 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (25)
- G (0)
- D (9)
- No EPC (6)
Top 3 Most Expensive Sales
Schools Nearby
- Waulud Primary School300 m away
- The Meads Primary School600 m away
- Parklea Primary School1.1 km away
- Lea Manor High School1.0 km away
- Lealands High School1.4 km away
- Challney High School for Girls1.7 km away
More reading links
Public Transport Nearby
The closest station to LU3 3QX is Leagrave station, which is 700 metres away.
- Leagrave|700 m away
- Luton|4.2 km away
- Luton Airport Parkway|5.8 km away
- Harlington (Bedfordshire)|6.3 km away
