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The LU3 Postcode: Residential Housing Data, Amenities, Demographics and Local Information.
Learn about the LU3 postcode district in Luton. Residential house prices, housing market data, demographics and local insights. This information is intended to help homeowners, property investors, landlords and market researchers better understand the Luton LU3 postcode area.
by property xyz
The data on this page has been curated by the property xyz research team, who have been studying the UK’s residential property market and private rented sector for well over a decade.
Housing Market Data for LU3
Data on the housing market and private rented sector in this area. We look at house prices, rents, rental yield and market activity. Information is updated regularly to show the most recent figures.
Last updated 15/04/2024.
Total Properties for Sale
220
Average Sales Per Month
29
Average Asking Price
£331,640
Average Price per Sq. Ft.
£344
Average Gross Rental Yield (Long Let)
5.1%
Sales Turnover per Month
13.0%
Number of Days on the Market For Sale
234
Months of For Sale Inventory Available
7.7
Buyer Demand Rating
Balanced market
Total Properties for Rent
69
Average Weekly Rent (Long Let)
£324
Total Properties Let Agreed per Month
110
Number of Days on the Market To Let
19
Rental Property Turnover per Month
160%
Months of To Let Inventory Available
0.6
Rental Demand Rating
Landlord's market
House Price Growth in Postcode LU3
House price data are the average prices that houses sold for in the area, in a particular month, in the given year.
Date | Average Price | Difference |
---|---|---|
Apr 2019 | £249,311 |
N/A
|
Apr 2020 | £255,955 |
2.66
|
Apr 2021 | £265,616 |
3.77
|
Apr 2022 | £279,280 |
5.14
|
Apr 2023 | £314,078 |
12.46
|
Apr 2024 | £303,470 |
-3.38
|