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House Prices in LU3

The average house price in LU3 (Luton) is £320,812 using HM Land Registry data.

The average property price increased by £37,825 (12.72%) over the last 5 years and increased by £7,562 (2.31%) over the last 12 months.

Over the last year, there were 415 residential property sales – a decrease of 134 transactions (-32.29%) relative to the previous year. The majority of house sales (100) were in the £298,000 - £352,000 range. Then came properties in the £352,000 - £406,000 range, where 93 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,691 (-2%).

In Mar 2026, there were 131 new estate agency instructions, 68 agreed home sales and 75 property price reductions.

5-Year Average Property Prices in LU3 (Luton)

12.72%

Property prices in LU3 (Luton) increased by 12.72% 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

2.31%

Property prices in LU3 (Luton) increased by 2.31% 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) - Mar 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
68 Florence Avenue, Luton, LU3 3BY	£350,000	£335,000	-£15,000	16 Aug 2025	18 Dec 2025	124 Days
18 Spayne Close, Luton, LU3 4BA	£280,000	£275,000	-£5,000	04 Mar 2025	17 Dec 2025	288 Days
58 Fountains Road, Luton, LU3 1LU	£450,000	£447,000	-£3,000	16 May 2025	15 Dec 2025	213 Days
21 Verulam Gardens, Luton, LU3 3SE	£300,000	£290,000	-£10,000	01 May 2025	10 Dec 2025	223 Days
16 The Furrows, Luton, LU3 2LF	£415,000	£405,000	-£10,000	16 Aug 2025	09 Dec 2025	115 Days
23 Hughes Court, Lucas Gardens, Luton, LU3 4BN	£150,000	£145,000	-£5,000	13 Jun 2025	05 Dec 2025	175 Days
41 Poplar Avenue, Luton, LU3 2BP	£325,000	£320,000	-£5,000	18 Sep 2025	05 Dec 2025	78 Days
32 Ereswell Road, Luton, LU3 2UH	£350,000	£348,000	-£2,000	19 Jun 2025	04 Dec 2025	168 Days
295 Turnpike Drive, Luton, LU3 3RD	£400,000	£395,000	-£5,000	19 Aug 2025	03 Dec 2025	106 Days
384 Icknield Way, Luton, LU3 2JX	£399,950	£385,000	-£14,950	03 Mar 2025	27 Nov 2025	269 Days
1 Wadhurst Avenue, Luton, LU3 1UQ	£385,000	£372,500	-£12,500	16 Aug 2025	21 Nov 2025	97 Days
66 Lucas Gardens, Luton, LU3 4BG	£280,000	£270,000	-£10,000	06 Mar 2025	21 Nov 2025	260 Days
4 Redgrave Gardens, Luton, LU3 3QL	£365,000	£351,000	-£14,000	03 Jun 2025	12 Nov 2025	162 Days
54 Waleys Close, Luton, LU3 3SA	£300,000	£285,000	-£15,000	06 May 2025	12 Nov 2025	190 Days
52 Third Avenue, Luton, LU3 3ES	£270,000	£270,000	£0	26 Mar 2025	07 Nov 2025	226 Days
27 Foxglove Way, Luton, LU3 1EA	£200,000	£195,000	-£5,000	28 May 2025	07 Nov 2025	163 Days
21 Glenfield Road, Luton, LU3 2HZ	£500,000	£480,000	-£20,000	11 Jun 2025	03 Nov 2025	145 Days
43 Dexter Close, Luton, LU3 4DY	£365,000	£358,000	-£7,000	10 Apr 2025	31 Oct 2025	204 Days
56 Woodmere, Luton, LU3 4DN	£550,000	£540,000	-£10,000	08 Mar 2025	31 Oct 2025	237 Days
43 Edgcott Close, Luton, LU3 4DT	£225,000	£220,000	-£5,000	18 Jun 2025	31 Oct 2025	135 Days

Most Expensive Streets in LU3 (Luton)

Postcode	Street	Area	Average	No. of Sales
LU3 2BB	Barton Road	Luton	£840,000	4
LU3 3PJ	Churchill Close	Luton	£827,750	4
LU3 3PL	Sundon Road	Luton	£713,333	3
LU3 3PP	Sharpenhoe Road	Luton	£689,500	5
LU3 4EH	Milburn Close	Luton	£626,666	3
LU3 2BX	Icknield Way	Luton	£606,666	3
LU3 3PS	Sharpenhoe Road	Luton	£595,000	4
LU3 1LW	New Bedford Road	Luton	£576,666	3
LU3 4HD	Hayton Close	Luton	£572,166	9
LU3 3NH	Barton Road	Luton	£568,571	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 2XS	Cavalier Close	Luton	£133,666	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 2BG	William Court, Sarum Road	Luton	£145,000	4
LU3 1XT	Petunia Court	Luton	£147,571	7
LU3 1AB	Nightingale Court, Waldeck Road	Luton	£148,100	5
LU3 3TG	Copenhagen Close	Luton	£148,431	7
LU3 1BE	Braithwaite Court, Malzeard Road	Luton	£149,400	5