Spear Close - LU3 3QY
Key Postcode Insights
LU3 3QY is a residential postcode situated on Spear Close, Luton, LU3 with 42 addresses.
It ranks as the 614th largest and 35th 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: 42 flats.
- Ave. Sale Price
- £149,381
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £948pcm
- 10 Year change
- up 37.8%
- Ave. £ per ft²
- £282/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
LU3 3QY is a residential postcode situated on Spear Close, Luton, LU3 with 42 addresses.
It ranks as the 614th largest and 35th 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: 42 flats.
- Ave. Sale Price
- £149,381
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £948pcm
- 10 Year change
- up 37.8%
- Ave. £ per ft²
- £282/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin LU3 3QY
- 2 Spear Close
2 Bed Mid-century Flat
- 4 Spear Close
2 Bed Modern Flat
- 6 Spear Close
2 Bed Modern Flat
- 8 Spear Close
2 Bed Modern Flat
- 10 Spear Close
2 Bed Modern Flat
Sales Market Trends
The last sale in LU3 3QY sold for £155,000 on 17th May 2024. Since then prices have on average remained the same.
The current average value in the postcode is £149,381.
The LU3 3QY Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £149,381 |
| June 2025 | 1% | £150,813 |
| June 2024 | 0.4% | £149,389 |
| June 2023 | -2.4% | £148,842 |
| June 2022 | 10.2% | £152,508 |
| June 2021 | 4.2% | £138,373 |
| June 2020 | -0.5% | £132,767 |
| June 2019 | -3.5% | £133,406 |
| June 2018 | -0.8% | £138,187 |
| June 2017 | 6.3% | £139,241 |
| June 2016 | 18.8% | £131,019 |
| June 2015 | 12.8% | £110,296 |
| June 2014 | 8.7% | £97,785 |
| June 2013 | 2.2% | £89,975 |
| June 2012 | -1.7% | £88,013 |
| June 2011 | -1.9% | £89,580 |
| June 2010 | 3.9% | £91,306 |
| June 2009 | -12.7% | £87,879 |
| June 2008 | -5.3% | £100,705 |
| June 2007 | 0% | £106,384 |
Rental Market Trends
The current average rental value in the postcode is £948.
The LU3 3QY Rental Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £948pcm |
| June 2025 | 0.9% | £925pcm |
| June 2024 | 11.4% | £917pcm |
| June 2023 | 12% | £823pcm |
| June 2022 | 4.4% | £735pcm |
| June 2021 | 4.2% | £704pcm |
| June 2020 | 0.2% | £676pcm |
| June 2019 | -2.3% | £675pcm |
| June 2018 | -2.8% | £690pcm |
| June 2017 | 3.2% | £710pcm |
| June 2016 | 10.1% | £688pcm |
| June 2015 | 8.1% | £625pcm |
| June 2014 | 3.5% | £578pcm |
| June 2013 | 0% | £558pcm |
| June 2012 | 2% | £558pcm |
| June 2011 | 3% | £547pcm |
| June 2010 | 1% | £531pcm |
| June 2009 | -6.4% | £526pcm |
| June 2008 | 0.3% | £562pcm |
| June 2007 | 0% | £560pcm |
Sales History
The last sale was on 17th May 2024 for £155,000 and since then the market in the area has remained stable. The postcode has had a total of 37 sales since 1995.
LU3 3QY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£155,000 | 2 Bed Flat48, Spear Close, Luton, LU3 3QY48, Spear Close, Luton, LU3 3QY
- Sold Aug 2022£143,000 | 2 Bed Flat50, Spear Close, Luton, LU3 3QY50, Spear Close, Luton, LU3 3QY
- Sold Sep 2021£130,000 | 2 Bed Flat26, Spear Close, Luton, LU3 3QY26, Spear Close, Luton, LU3 3QY
- Sold Nov 2020£117,000 | 1 Bed Flat68, Spear Close, Luton, LU3 3QY68, Spear Close, Luton, LU3 3QY
- Sold May 2019£125,000 | 2 Bed Flat48, Spear Close, Luton, LU3 3QY48, Spear Close, Luton, LU3 3QY
Nearby Postcodes
LU3 3QY is the 614th largest and the 35th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3QX, Spear Close, Luton, LU3LU3 3QX42 Addresses|67 m away
- LU3 3LS, Arrow Close, Luton, LU3LU3 3LS58 Addresses|133 m away
- LU3 3UL, Repton Close, Luton, LU3LU3 3UL68 Addresses|141 m away
- LU3 2SW, Bramingham Road, Luton, LU3LU3 2SW33 Addresses|175 m away
- LU3 3QH, Alesia Road, Luton, LU3LU3 3QH47 Addresses|191 m away
Property Types
- 23 modern flats built after 1980
- 12 mid-century flats built between 1936 and 1979
- 7 other addresses of unknown type
- modern flat (23)
- mid-century flat (12)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 35 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (28)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- Waulud Primary School400 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 Girls1.6 km away
More reading links
Public Transport Nearby
The closest station to LU3 3QY 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)|6.4 km away
