marketcodeAsking rent
£1,391 a month 12 months to Jul 2026
279 lets
Postcode district
LU4 rental market
Asking rent £1,391 a month · Gross yield 5.1% · 12 months, listings to Aug 2026
What is LU4?
- Buildings
- 16,420
- Mixed-use buildings
- 90%
- HMO-shaped units
- 50%
What does LU4 earn?
LU4: asking rent £1,391 a month (12 months to Jul 2026, 279 lets).
Gross yield, asking basis
5.1% 12 months to Aug 2026
541 lets
+7.8% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
195 on 20 Sep 2026
How does LU4 vary by home size?
Asking rent in LU4 runs from £977 a month for 1 bedroom to £1,617 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £977 a month | 12 months to Aug 2026 | +1.8% on the previous 12 months | 140 |
| 2 bedrooms | £1,291 a month | 12 months to Aug 2026 | +1.6% on the previous 12 months | 124 |
| 3 bedrooms | £1,617 a month | 12 months to Aug 2026 | +3.5% on the previous 12 months | 211 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings 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.
Who owns LU4?
Corporate landlords hold 68% of the 993 units in LU4 whose freeholder is classified; 95% of all units are not yet classified.
- Corporate landlords68% of classified · 678 units
- Individuals (not traceable in bulk)15% of classified · 152 units
- Housing associations15% of classified · 151 units
- RMC1.2% of classified · 12 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 LU4 rank?
LU4 ranks 3rd of 9 postcode districts in Central Bedfordshire for asking rent, at £1,391 a month.
Asking rent · postcode districts in Central Bedfordshire
LU4 ranks 3rd of 9 postcode districts in Central Bedfordshire for asking rent, at £1,391 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | MK17 | £1,817 a month | 189 | measured |
| 2 | LU5 | £1,468 a month | 329 | measured |
| 3 | LU4 | £1,391 a month | 279 | measured |
| 4 | MK45 | £1,377 a month | 455 | measured |
| 5 | SG17 | £1,375 a month | 75 | indicative |
Full table: asking rent across postcode districts in Central Bedfordshire →
Gross yield, asking basis · postcode districts in Central Bedfordshire
LU4 ranks 1st of 9 postcode districts in Central Bedfordshire for gross yield, asking basis, at 5.1%.
| # | Area | Gross yield, asking basis |
|---|
Where next from LU4?
- Central BedfordshireThe wider market this area sits in.
- LU5Neighbouring postcode district · £3,801/m²
- LU6Neighbouring postcode district · £4,886/m²
- MK17Neighbouring postcode district · £4,477/m²
- MK45Neighbouring postcode district · £4,461/m²
- SG15Neighbouring postcode district · £4,376/m²
- SG16Neighbouring postcode district · £4,218/m²
- SG17Neighbouring postcode district · £4,310/m²
- SG18Neighbouring postcode district · £4,311/m²
- LU1Next door, in another authority · £3,998/m²
- LU3Next door, in another authority · £4,118/m²
- LU2Next door, in another authority · £4,608/m²
- LU7Next door, in another authority · £4,776/m²
- Homes for sale in LU4Live sale listings, the same place and cohort.
- Homes to rent in LU4Live lettings, the same place.
- Completed sales in LU4Registered completions, newest first.
- Planning applications in LU4Applications and decisions on record.
- Buildings in LU4Every building with its units, parcel and freeholder.
- Land in LU4Parcels, titles and adjacent ownership.
Questions about LU4
- What is the average rent in LU4?
- Homes to let in LU4 asked a median £1,391 a month over the 12 months to Jul 2026, 279 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in LU4?
- 5.1% 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, 541 lets. +7.8% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 279 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 541 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |