LU1 3GE is a residential postcode situated on South Road, Luton, LU1 with 36 addresses.
It ranks as the 559th largest and 313th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 36 flats.
LU1 3GE is a residential postcode situated on South Road, Luton, LU1 with 36 addresses.
It ranks as the 559th largest and 313th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 36 flats.
Sale prices range from £161,919 for 1 bedroom leasehold flats (441 ft2) to £232,365 for 2 bedroom leasehold flats (850 ft2) .
Monthly rental prices range from £834 pcm for 1 bed flats to £1,162 pcm for 2 bed flats.
The gross rental yield is between 6.0% and 6.3%.
The average value per square foot is £335.
The last sale in LU1 3GE sold for £174,500 on 15th December 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £184,330.
The LU1 3GE Sales Market has increased by 14.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £184,330 |
| April 2025 | 1.3% | £182,041 |
| April 2024 | -0.3% | £179,700 |
| April 2023 | 0.5% | £180,211 |
| April 2022 | 3.2% | £179,296 |
| April 2021 | 3.3% | £173,732 |
| April 2020 | 1.5% | £168,225 |
| April 2019 | -6.3% | £165,709 |
| April 2018 | 1.4% | £176,906 |
| April 2017 | 7.9% | £174,394 |
| April 2016 | 22.8% | £161,567 |
| April 2015 | 10.5% | £131,584 |
| April 2014 | 6.5% | £119,028 |
| April 2013 | 1.4% | £111,777 |
| April 2012 | -0.5% | £110,221 |
| April 2011 | 1.3% | £110,755 |
| April 2010 | 0.5% | £109,330 |
| April 2009 | -17.3% | £108,788 |
| April 2008 | -1.3% | £131,596 |
| April 2007 | 0% | £133,356 |
The current average rental value in the postcode is £952.
The LU1 3GE Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £952pcm |
| April 2025 | 0.9% | £937pcm |
| April 2024 | 10% | £928pcm |
| April 2023 | 13% | £844pcm |
| April 2022 | 5.7% | £747pcm |
| April 2021 | -0.2% | £707pcm |
| April 2020 | -1.5% | £708pcm |
| April 2019 | -0.2% | £718pcm |
| April 2018 | -4% | £719pcm |
| April 2017 | 4.4% | £749pcm |
| April 2016 | 8.2% | £718pcm |
| April 2015 | 8.8% | £664pcm |
| April 2014 | 2.2% | £610pcm |
| April 2013 | -0.1% | £597pcm |
| April 2012 | 0.7% | £597pcm |
| April 2011 | 1.8% | £593pcm |
| April 2010 | 0.1% | £582pcm |
| April 2009 | -7.3% | £582pcm |
| April 2008 | 1.4% | £627pcm |
| April 2007 | 0% | £618pcm |
The last sale was on 15th December 2025 for £174,500 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 47 sales since 1995.
LU1 3GE has seen 4 sales in the last three years and 1 sale in the last twelve months.
LU1 3GE is the 559th largest and the 313th most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 3GE is Luton station which is 1.0 kilometres away.
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