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House Prices in LU3

The average house price in LU3 (Luton) is £295,800 using HM Land Registry data.

The average property price increased by £30,329 (11.59%) over the last 5 years and increased by £6,063 (2.12%) over the last 12 months.

Over the last year, there were 415 residential property sales – a decrease of 139 transactions (-33.49%) relative to the previous year. The majority of house sales (96) were in the £300,000 - £350,000 range. Then came properties in the £350,000 - £400,000 range, where 90 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,306 (-2%).

In Jul 2026, there were 109 new estate agency instructions, 63 agreed home sales and 81 property price reductions.

5-Year Average Property Prices in LU3 (Luton)

11.59%

Property prices in LU3 (Luton) increased by 11.59% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LU3 (Luton) Over the Last Year

2.12%

Property prices in LU3 (Luton) increased by 2.12% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LU3 (Luton) - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LU3 (Luton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LU3 (Luton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LU3 (Luton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LU3 (Luton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LU3 postcode area since 1995.

Recent Sales in LU3 (Luton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Laburnum Grove, Luton, LU3 2DW	£325,000	£325,000	£0	18 Oct 2025	07 May 2026	201 Days
54 Verulam Gardens, Luton, LU3 3SF	£325,000	£290,000	-£35,000	17 Jul 2025	01 May 2026	288 Days
21 Penda Close, Luton, LU3 3UT	£270,000	£260,000	-£10,000	24 Jul 2025	01 May 2026	281 Days
34 Kershaw Close, Luton, LU3 4AT	£475,000	£460,000	-£15,000	15 Sep 2025	01 May 2026	228 Days
10 Hughes Court, Lucas Gardens, Luton, LU3 4BN	£150,000	£144,000	-£6,000	18 Aug 2025	01 May 2026	256 Days
2 Arbour Close, Luton, LU3 4AQ	£420,000	£410,000	-£10,000	28 Oct 2025	29 Apr 2026	183 Days
127 Brussels Way, Luton, LU3 3TJ	£240,000	£230,000	-£10,000	13 Nov 2025	27 Apr 2026	165 Days
42 Graham Gardens, Luton, LU3 1NQ	£425,000	£405,000	-£20,000	27 Jun 2025	24 Apr 2026	301 Days
90 Icknield Road, Luton, LU3 2PA	£325,000	£325,000	£0	26 Nov 2025	24 Apr 2026	149 Days
5 Gilder Close, Luton, LU3 4AX	£500,000	£485,000	-£15,000	24 May 2025	22 Apr 2026	333 Days
34 Wadhurst Avenue, Luton, LU3 1UH	£350,000	£340,000	-£10,000	04 Sep 2025	17 Apr 2026	225 Days
108 Althorp Road, Luton, LU3 1JY	£260,000	£255,000	-£5,000	17 Jun 2025	17 Apr 2026	304 Days
18 Mees Close, Luton, LU3 4AZ	£300,000	£290,000	-£10,000	20 Jan 2026	13 Apr 2026	83 Days
1 Fairfax Avenue, Luton, LU3 3DE	£210,000	£210,000	£0	17 Jul 2025	13 Apr 2026	270 Days
19 Gilder Close, Luton, LU3 4AX	£415,000	£400,000	-£15,000	08 Jul 2025	10 Apr 2026	276 Days
10 Bristol Road, Luton, LU3 1SX	£280,000	£272,500	-£7,500	03 Sep 2025	30 Mar 2026	208 Days
186 Leagrave Road, Luton, LU3 1JD	£290,000	£290,000	£0	03 Sep 2025	27 Mar 2026	205 Days
11 Pegsdon Close, Luton, LU3 2LG	£400,000	£395,000	-£5,000	04 Dec 2025	25 Mar 2026	111 Days
20 Laburnum Grove, Luton, LU3 2DW	£325,000	£325,000	£0	13 Oct 2025	24 Mar 2026	162 Days
70 Wexham Close, Luton, LU3 3TX	£285,000	£270,000	-£15,000	06 Oct 2025	24 Mar 2026	169 Days

Most Expensive Streets in LU3 (Luton)

Postcode	Street	Area	Average	No. of Sales
LU3 3PJ	Churchill Close	Luton	£845,000	3
LU3 2BB	Barton Road	Luton	£840,000	4
LU3 3PL	Sundon Road	Luton	£713,333	3
LU3 3PP	Sharpenhoe Road	Luton	£689,500	5
LU3 2BX	Icknield Way	Luton	£606,666	3
LU3 1LW	New Bedford Road	Luton	£597,500	4
LU3 3XE	Stoneleigh Close	Luton	£568,333	3
LU3 3NH	Barton Road	Luton	£565,428	7
LU3 1HR	Montrose Avenue	Luton	£557,500	6
LU3 4EZ	Gatehill Gardens	Luton	£547,500	7

Least Expensive Streets in LU3 (Luton)

Postcode	Street	Area	Average	No. of Sales
LU3 1DU	Downton Court, Brook Street, Luton	Luton	£126,000	3
LU3 3TE	Copenhagen Close	Luton	£136,000	3
LU3 1BY	The Ridings	Luton	£140,142	7
LU3 3QY	Spear Close	Luton	£142,666	3
LU3 1AB	Nightingale Court, Waldeck Road	Luton	£148,100	5
LU3 3TG	Copenhagen Close	Luton	£149,920	6
LU3 4AG	Celandine Drive	Luton	£151,600	5
LU3 1XT	Petunia Court	Luton	£151,937	8
LU3 1GQ	Milliners Court, Milliners Way	Luton	£154,214	7
LU3 1BE	Braithwaite Court, Malzeard Road	Luton	£156,750	4