Key Street Insights
Spear Close is a residential street with 84 addresses.
It ranks as the 368th largest and 11th most expensive of the 459 streets in the LU3 area. The most common property type is a modern flat built after 1980.
The street contains a total of 84 properties: 2 houses and 82 flats.
- Ave. Sale Price
- £148,122
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £964pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Street Insights
Spear Close is a residential street with 84 addresses.
It ranks as the 368th largest and 11th most expensive of the 459 streets in the LU3 area. The most common property type is a modern flat built after 1980.
The street contains a total of 84 properties: 2 houses and 82 flats.
- Ave. Sale Price
- £148,122
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £964pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertieson Spear Close, Luton, LU3
- 1 Spear Close
2 Bed Mid-century Flat
- 2 Spear Close
2 Bed Mid-century Flat
- 3 Spear Close
2 Bed Mid-century Flat
- 4 Spear Close
2 Bed Modern Flat
- 5 Spear Close
Flat
Sales Market Trends
The last sale on Spear Close sold for £155,000 on 17th May 2024. Since then prices have on average remained the same.
The current average value in the street is £148,122.
The Spear Close Sales Market has increased by 18.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £148,122 |
| June 2025 | 1.1% | £149,763 |
| June 2024 | 0% | £148,167 |
| June 2023 | -1.8% | £148,219 |
| June 2022 | 11.4% | £150,971 |
| June 2021 | 5% | £135,465 |
| June 2020 | -0.1% | £129,026 |
| June 2019 | -3.1% | £129,219 |
| June 2018 | -0.4% | £133,357 |
| June 2017 | 6.8% | £133,874 |
| June 2016 | 19% | £125,375 |
| June 2015 | 12.9% | £105,337 |
| June 2014 | 8.8% | £93,296 |
| June 2013 | 2.5% | £85,716 |
| June 2012 | -1% | £83,609 |
| June 2011 | -1.9% | £84,416 |
| June 2010 | 5% | £86,025 |
| June 2009 | -12.8% | £81,967 |
| June 2008 | -5.3% | £93,989 |
| June 2007 | 0% | £99,280 |
Rental Market Trends
The current average rental value in the street is £964.
The Spear Close Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £964pcm |
| June 2025 | 1% | £942pcm |
| June 2024 | 10.9% | £933pcm |
| June 2023 | 12.6% | £841pcm |
| June 2022 | 5.6% | £746pcm |
| June 2021 | 5% | £707pcm |
| June 2020 | 0.5% | £674pcm |
| June 2019 | -1.9% | £670pcm |
| June 2018 | -2.4% | £683pcm |
| June 2017 | 3.7% | £700pcm |
| June 2016 | 10.4% | £675pcm |
| June 2015 | 8.2% | £612pcm |
| June 2014 | 3.7% | £565pcm |
| June 2013 | 0.3% | £545pcm |
| June 2012 | 2.9% | £544pcm |
| June 2011 | 3.1% | £529pcm |
| June 2010 | 2% | £513pcm |
| June 2009 | -6.5% | £503pcm |
| June 2008 | 0.3% | £538pcm |
| June 2007 | 0% | £536pcm |
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 street has had a total of 84 sales since 1995.
Spear Close, Luton, LU3 has seen 2 sales 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 Apr 2023£135,000 | 2 Bed Flat71, Spear Close, Luton, LU3 3QX71, Spear Close, Luton, LU3 3QX
- 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
Top 3 Most Expensive Sales
Nearby Streets
Spear Close, Luton, LU3 is the 368th largest and the 11th most expensive street in the LU3 area.
- Alesia Road, Luton, LU347 Addresses|153 m away
- Arrow Close, Luton, LU3127 Addresses|159 m away
- Bramingham Road, Luton, LU381 Addresses|215 m away
- Repton Close, Luton, LU3135 Addresses|215 m away
- Garrard Close, Luton, LU327 Addresses|234 m away
- Braceby Close, Luton, LU316 Addresses|237 m away
Sections of this street
There are 2 postcodes on Spear Close, Luton, LU3.
- House prices in LU3 3QY42 Addresses
- House prices in LU3 3QX42 Addresses
Property Types
- 43 modern flats built after 1980
- 27 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 12 other addresses of unknown type
- modern flat (43)
- mid-century flat (27)
- house (1)
- flat (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 71 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (1)
- C (53)
- G (0)
- D (13)
- No EPC (13)
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 Spear Close, Luton, LU3 is Leagrave station, which is 700 metres away.
- Leagrave|700 m away
- Luton|4.2 km away
- Luton Airport Parkway|5.8 km away
