LU1 3AJ is a residential postcode situated on Castle Street, Luton, LU1 with 20 addresses.
It ranks as the 396th largest and 303rd most expensive of the 820 postcodes in the LU1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 20 flats.
LU1 3AJ is a residential postcode situated on Castle Street, Luton, LU1 with 20 addresses.
It ranks as the 396th largest and 303rd most expensive of the 820 postcodes in the LU1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 20 flats.
Sale prices range from £117,226 for 1 bedroom Leasehold flats (276 ft2) to £249,771 for 2 bedroom Leasehold flats with a garden (635 ft2) .
Monthly rental prices range from £778 pcm for 1 bed flats to £1,428 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 8.1%.
The average value per square foot is £461.
The last sale in LU1 3AJ sold for £700,000 on 8th July 2022. Since then prices are up an average of 56.1%.
The current average value in the postcode is £188,835.
The LU1 3AJ Sales Market has increased by 12.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.1% | £188,835 |
| May 2025 | 1.7% | £188,614 |
| May 2024 | 0.2% | £185,517 |
| May 2023 | -0.6% | £185,101 |
| May 2022 | 5.3% | £186,196 |
| May 2021 | 2.7% | £176,759 |
| May 2020 | 1.9% | £172,116 |
| May 2019 | -6.1% | £168,918 |
| May 2018 | 0.9% | £179,957 |
| May 2017 | 6.2% | £178,429 |
| May 2016 | 23.6% | £168,016 |
| May 2015 | 10.6% | £135,934 |
| May 2014 | 6.7% | £122,896 |
| May 2013 | 2% | £115,155 |
| May 2012 | 0.2% | £112,909 |
| May 2011 | 0.7% | £112,664 |
| May 2010 | 2.6% | £111,834 |
| May 2009 | -17.7% | £108,958 |
| May 2008 | -3.2% | £132,460 |
| May 2007 | 0% | £136,838 |
The current average rental value in the postcode is £1,101.
The LU1 3AJ Rental Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,101pcm |
| May 2025 | 1.4% | £1,080pcm |
| May 2024 | 8.5% | £1,066pcm |
| May 2023 | 15.8% | £982pcm |
| May 2022 | 5.9% | £848pcm |
| May 2021 | 0.5% | £801pcm |
| May 2020 | -1.6% | £796pcm |
| May 2019 | 0% | £809pcm |
| May 2018 | -3.8% | £809pcm |
| May 2017 | 2.9% | £841pcm |
| May 2016 | 7.9% | £817pcm |
| May 2015 | 8.8% | £757pcm |
| May 2014 | 3.7% | £696pcm |
| May 2013 | 0.3% | £671pcm |
| May 2012 | 0.6% | £669pcm |
| May 2011 | 3.3% | £665pcm |
| May 2010 | 0.2% | £644pcm |
| May 2009 | -8.3% | £643pcm |
| May 2008 | 1.2% | £701pcm |
| May 2007 | 0% | £693pcm |
The last sale was on 8th July 2022 for £700,000 and since then the market in the area has increased by 56.1%. The postcode has had a total of 3 sales since 1995.
LU1 3AJ has seen no sales in the last three years and no sales in the last twelve months.
LU1 3AJ is the 396th largest and the 303rd most expensive postcode out of the 820 postcodes in the LU1 area.
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The closest station to LU1 3AJ is Luton station which is 900 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LU1 3AJ, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LU1 3AJ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LU1 3AJ, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LU1 3AJ, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.