Key Street Insights
Essex Close is a residential street with 105 addresses.
It ranks as the 310th largest and 103rd most expensive of the 374 streets in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 105 properties: 105 flats.
- Ave. Sale Price
- £147,552
- 10 Year change
- up 6.4%
- Ave. Rental Price
- £970pcm
- 10 Year change
- up 31.7%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Street Insights
Essex Close is a residential street with 105 addresses.
It ranks as the 310th largest and 103rd most expensive of the 374 streets in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 105 properties: 105 flats.
- Ave. Sale Price
- £147,552
- 10 Year change
- up 6.4%
- Ave. Rental Price
- £970pcm
- 10 Year change
- up 31.7%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Properties on Essex Close, Luton, LU1
- Essex Court
Mid-century Building | 46 Units
- 69 Essex Close
2 Bed Mid-century Flat
- 70 Essex Close
2 Bed Mid-century Flat
- 71 Essex Close
2 Bed Mid-century Flat
- 72 Essex Close
2 Bed Mid-century Flat
Sales Market Trends
The last sale on Essex Close sold for £177,000 on 5th May 2023. Since then prices are up an average of 1.2%.
The current average value in the street is £147,552.
The Essex Close Sales Market has increased by 6.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.7% | £147,552 |
| July 2025 | 1.1% | £150,032 |
| July 2024 | 0.4% | £148,416 |
| July 2023 | -2.2% | £147,856 |
| July 2022 | 6.2% | £151,142 |
| July 2021 | 2.2% | £142,307 |
| July 2020 | 2.7% | £139,274 |
| July 2019 | -5.7% | £135,676 |
| July 2018 | -0.5% | £143,835 |
| July 2017 | 4.2% | £144,509 |
| July 2016 | 22.3% | £138,705 |
| July 2015 | 13.1% | £113,391 |
| July 2014 | 6.9% | £100,276 |
| July 2013 | 4.3% | £93,830 |
| July 2012 | -1% | £89,970 |
| July 2011 | 0.4% | £90,874 |
| July 2010 | 3.8% | £90,484 |
| July 2009 | -15.8% | £87,180 |
| July 2008 | -7.2% | £103,564 |
| July 2007 | 0% | £111,613 |
Rental Market Trends
The current average rental value in the street is £970.
The Essex Close Rental Market has increased by 31.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.1% | £970pcm |
| July 2025 | 0.6% | £950pcm |
| July 2024 | 7.4% | £944pcm |
| July 2023 | 15.9% | £879pcm |
| July 2022 | 6.2% | £759pcm |
| July 2021 | 1.3% | £714pcm |
| July 2020 | -1.3% | £705pcm |
| July 2019 | 0.3% | £715pcm |
| July 2018 | -4.3% | £713pcm |
| July 2017 | 1.1% | £745pcm |
| July 2016 | 7.5% | £737pcm |
| July 2015 | 9.8% | £685pcm |
| July 2014 | 4.8% | £624pcm |
| July 2013 | 0.5% | £595pcm |
| July 2012 | 0.6% | £592pcm |
| July 2011 | 3.2% | £589pcm |
| July 2010 | 0.6% | £571pcm |
| July 2009 | -7.3% | £567pcm |
| July 2008 | -1.8% | £612pcm |
| July 2007 | 0% | £624pcm |
Sales History
The last recorded sale was on 5th May 2023 for £177,000 and since then the market in the area has increased by 1.2%.
Essex Close, Luton, LU1 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold May 2023£177,000 | 2 Bed Flat111, Essex Close, Luton, LU1 3EJ111, Essex Close, Luton, LU1 3EJ
- Sold Dec 2022£185,000 | 2 Bed Flat94, Essex Close, Luton, LU1 3EJ94, Essex Close, Luton, LU1 3EJ
- Sold Mar 2022£180,000 | 2 Bed Flat93, Essex Close, Luton, LU1 3EJ93, Essex Close, Luton, LU1 3EJ
Top 3 Most Expensive Sales
- Sold Dec 2022£185,000 | 2 Bed Flat94, Essex Close, Luton, LU1 3EJ94, Essex Close, Luton, LU1 3EJ
- Sold Jun 2018£180,000 | 2 Bed Flat126, Essex Close, Luton, LU1 3EJ126, Essex Close, Luton, LU1 3EJ
- Sold Mar 2022£180,000 | 2 Bed Flat93, Essex Close, Luton, LU1 3EJ93, Essex Close, Luton, LU1 3EJ
Nearby Streets
Essex Close, Luton, LU1 is the 310th largest and the 103rd most expensive street in the LU1 area.
- Chobham Walk, Luton, LU124 Addresses|52 m away
- Queens Close, Luton, LU140 Addresses|77 m away
- Surrey Street, Luton, LU144 Addresses|86 m away
- Chequer Street, Luton, LU143 Addresses|96 m away
- Chequer Court, Luton, LU110 Addresses|97 m away
- Langley Street, Luton, LU129 Addresses|113 m away
Sections of this street
There are 2 postcodes on Essex Close, Luton, LU1.
- House prices in LU1 3EL46 Addresses
- House prices in LU1 3EJ59 Addresses
Property Types
- 105 mid-century flats built between 1936 and 1979
- mid-century flat (105)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 105 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (9)
- F (0)
- C (73)
- G (0)
- D (19)
- No EPC (0)
Schools Nearby
- The Linden Academy500 m away
- Tennyson Road Primary School600 m away
- Cutenhoe Hill Primary School ( Formerly Surrey Street)700 m away
- Chiltern Academy700 m away
- The Stockwood Park Academy1.8 km away
- Denbigh High School2.2 km away
More reading links
Public Transport Nearby
The closest station to Essex Close, Luton, LU1 is Luton station, which is 900 metres away.
- Luton|900 m away
- Luton Airport Parkway|1.0 km away
- Leagrave|4.8 km away