What is the median house price in LU3?

Homes in LU3 sold for a median £326,866 over the 12 months to Apr 2026, 395 sales. Per square metre that is £3,941/m². Registered completions, not asking prices.

What is the average rent in LU3?

Homes to let in LU3 asked a median £1,312 a month over the 12 months to Jul 2026, 392 lets. Asking rent, not the rent agreed.

What is the gross rental yield in LU3?

4.6% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 625 lets. -5.3% on the previous 12 months.

How quickly do homes sell in LU3?

2.0% of the homes in LU3 changed hands over the 12 months to Jan 2026, 457 sales.

Postcode district

LU3 property market

Sold £3,941/m² · Median sold £326,866 (395 sales) · Index -0.8% y/y · Turnover 2.0% · 12 months, sales to Apr 2026, listings to Aug 2026

What does LU3 cost?

LU3: sold price per m² £3,941/m² (12 months to Apr 2026, 395 sales). -0.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price per m²

£3,941/m² 12 months to Apr 2026

395 sales

-0.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price

£326,866 12 months to Apr 2026

395 sales

-0.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.

Asking price

£338,864 12 months to Aug 2026

1,480 listings

+0.2% on the previous 12 months.

Sample is the dated listings that came to market in the latest month (added and reduced cohorts).

Sold price per m²: £2,931/m² in Jul 2016 to £3,802/m² in Jul 2026.

Sold price: £236,907 in Jul 2016 to £311,041 in Jul 2026.

Asking price: £315,000 in Jan 2022 to £325,000 in Aug 2026.

Asking price per m²: £4,093/m² in Aug 2025 to £4,118/m² in Jul 2026.

Asking to sold: 100% in Jan 2022 to 107% in May 2024.

Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.

ObservedForecast with intervalIndex points, not property prices

Asking price index: 98 in Jan 2022 to 97.9 in Aug 2026.

What does LU3 earn?

LU3: asking rent £1,312 a month (12 months to Jul 2026, 392 lets).

Asking rent

£1,312 a month 12 months to Jul 2026

392 lets

Gross yield, asking basis

4.6% 12 months to Aug 2026

625 lets

-5.3% on the previous 12 months.

Sample is the dated lettings behind the latest month's rent cell.

Asking rent: £1,476 pcm in Aug 2025 to £1,314 pcm in Jul 2026.

Gross yield, asking basis: 4.0% in Jan 2022 to 5.0% in Aug 2026.

How does LU3 vary by home size?

Asking price in LU3 runs from £139,600 for 1 bedroom to £520,921 for 5+ bedrooms.

Asking price by bedroom band in LU3, 12 months to Aug 2026. A band with fewer than 30 dated listings in the year is not published.
Homes	Asking price	Window	Change	Listings
1 bedroom	£139,600	12 months to Aug 2026	-4% on the previous 12 months	135
2 bedrooms	£262,529	12 months to Aug 2026	-1.5% on the previous 12 months	350
3 bedrooms	£354,901	12 months to Aug 2026	+2.2% on the previous 12 months	659
4 bedrooms	£458,655	12 months to Aug 2026	-1.7% on the previous 12 months	249
5+ bedrooms	£520,921	12 months to Aug 2026	-9.7% on the previous 12 months	126

Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.

How liquid is LU3?

LU3: turnover 2.0% (12 months to Jan 2026, 457 sales). -11.1% on the previous 12 months.

Turnover

2.0% 12 months to Jan 2026

457 sales

-11.1% on the previous 12 months.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.

Completed sales

620 12 months to Jan 2026

620 sales

-3.3% on the previous 12 months.

Sample is the registry count itself; months within six months of the last ingest are still filling.

Listings for sale

852 12 months to Jul 2026

852 listings

Turnover: 0.3% in Jul 2016 to 0.1% in Jul 2026.

Who is active in LU3?

35 agents listed homes for sale in LU3; the three largest took 39% of the listings.

Agents active: 35
Top three agents’ share: 39%
New homes among listings: 0.0%

days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.

Who owns LU3?

Corporate landlords hold 76% of the 988 units in LU3 whose freeholder is classified; 96% of all units are not yet classified.

Corporate landlords76% of classified · 755 units
Individuals (not traceable in bulk)12% of classified · 114 units
Housing associations11% of classified · 109 units
RMC1.0% of classified · 10 units

Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.

Where does LU3 rank?

LU3 ranks 2nd of 3 postcode districts in Luton for sold price per m², at £3,941/m².

Sold price per m² · postcode districts in Luton