House Prices in LU3 House Prices in LU3 (Luton)

The average house price in LU3 (Luton) is £305,400 using HM Land Registry data.

The average property price increased by £43,327 (11.59%) over the last 5 years and increased by £8,661 (2.12%) over the last 12 months.

Over the last year, there were 404 residential property sales – a decrease of 161 transactions (-39.85%) relative to the previous year. The majority of house sales (91) were in the £306,000 - £354,000 range. Then came properties in the £354,000 - £402,000 range, where 87 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,568 (-2%).

In Aug 2026, there were 92 new estate agency instructions, 59 agreed home sales and 72 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.

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).

Property Market Heat Gauge for LU3 (Luton) - Aug 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
119 Blundell Road, Luton, LU3 1SW£375,000£370,000-£5,00002 Dec 202531 Jul 2026241 Days
46 St Monicas Avenue, Luton, LU3 1PN£270,000£267,000-£3,00020 Apr 202617 Jul 202688 Days
82 Gardenia Avenue, Luton, LU3 2NT£300,000£300,000£028 Oct 202508 Jul 2026253 Days
12 The Croft, Luton, LU3 3HQ£365,000£355,000-£10,00001 Jul 202607 Jul 20266 Days
67 Grosvenor Road, Luton, LU3 2EG£335,000£322,500-£12,50020 Jan 202617 Jun 2026148 Days
36 Alpine Way, Luton, LU3 3HF£350,000£350,000£015 Dec 202504 Jun 2026171 Days
45 Dexter Close, Luton, LU3 4DY£370,000£360,000-£10,00006 Mar 202629 May 202684 Days
8 Hayton Close, Luton, LU3 4HD£650,000£630,000-£20,00026 Jan 202628 May 2026122 Days
47 Wadhurst Avenue, Luton, LU3 1UQ£330,000£315,000-£15,00011 Nov 202526 May 2026196 Days
2 Snowford Close, Luton, LU3 3XU£495,000£475,000-£20,00007 Jan 202622 May 2026135 Days
266 Turnpike Drive, Luton, LU3 3RQ£375,000£350,000-£25,00010 Jan 202622 May 2026132 Days
11 Laburnum Grove, Luton, LU3 2DW£325,000£325,000£018 Oct 202507 May 2026201 Days
23 Ashfield Way, Luton, LU3 2UN£375,000£362,500-£12,50027 Dec 202507 May 2026131 Days
54 Verulam Gardens, Luton, LU3 3SF£325,000£290,000-£35,00017 Jul 202501 May 2026288 Days
21 Penda Close, Luton, LU3 3UT£270,000£260,000-£10,00024 Jul 202501 May 2026281 Days
34 Kershaw Close, Luton, LU3 4AT£475,000£460,000-£15,00015 Sep 202501 May 2026228 Days
10 Hughes Court, Lucas Gardens, Luton, LU3 4BN£150,000£144,000-£6,00018 Aug 202501 May 2026256 Days
2 Arbour Close, Luton, LU3 4AQ£420,000£410,000-£10,00028 Oct 202529 Apr 2026183 Days
127 Brussels Way, Luton, LU3 3TJ£240,000£230,000-£10,00013 Nov 202527 Apr 2026165 Days
42 Graham Gardens, Luton, LU3 1NQ£425,000£405,000-£20,00027 Jun 202524 Apr 2026301 Days

Most Expensive Streets in LU3 (Luton)

PostcodeStreetAreaAverageNo. of Sales
LU3 2BBBarton RoadLuton£853,3333
LU3 3PJChurchill CloseLuton£845,0003
LU3 3PLSundon RoadLuton£713,3333
LU3 3PPSharpenhoe RoadLuton£689,5005
LU3 1EELansdowne RoadLuton£653,6663
LU3 1LWNew Bedford RoadLuton£597,5004
LU3 3XEStoneleigh CloseLuton£568,3333
LU3 3NHBarton RoadLuton£565,4287
LU3 1HRMontrose AvenueLuton£557,5006
LU3 4HDHayton CloseLuton£556,6119

Least Expensive Streets in LU3 (Luton)

PostcodeStreetAreaAverageNo. of Sales
LU3 1DUDownton Court, Brook Street, LutonLuton£126,0003
LU3 3TECopenhagen CloseLuton£136,0003
LU3 1BYThe RidingsLuton£140,1427
LU3 3QYSpear CloseLuton£142,6663
LU3 4AGCelandine DriveLuton£145,5006
LU3 1ABNightingale Court, Waldeck RoadLuton£148,1005
LU3 3TGCopenhagen CloseLuton£149,9206
LU3 1XTPetunia CourtLuton£151,9378
LU3 1GQMilliners Court, Milliners WayLuton£154,2147
LU3 1BEBraithwaite Court, Malzeard RoadLuton£156,3333

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