LU1 3PB is a residential postcode situated on Cutenhoe Road, Luton, LU1 with 31 addresses.
It ranks as the 508th largest and 22nd most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 31 properties: 1 house and 30 flats.
LU1 3PB is a residential postcode situated on Cutenhoe Road, Luton, LU1 with 31 addresses.
It ranks as the 508th largest and 22nd most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 31 properties: 1 house and 30 flats.
Sale prices range from £93,448 for 1 bedroom leasehold flats (344 ft2) to £293,830 for 3 bedroom freehold houses with a garden (775 ft2) .
Monthly rental prices range from £643 pcm for 1 bed flats to £1,510 pcm for 3 bed houses.
The gross rental yield is between 6.2% and 8.3%.
The average value per square foot is £226.
The last sale in LU1 3PB sold for £100,000 on 24th August 2020. Since then prices are up an average of 11.2%.
The current average value in the postcode is £117,217.
The LU1 3PB Sales Market has increased by 21.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £117,217 |
| April 2025 | 2.1% | £114,843 |
| April 2024 | -0.8% | £112,431 |
| April 2023 | 1.1% | £113,336 |
| April 2022 | 5.8% | £112,061 |
| April 2021 | 4.7% | £105,948 |
| April 2020 | 0.8% | £101,227 |
| April 2019 | -5.4% | £100,405 |
| April 2018 | 1.9% | £106,097 |
| April 2017 | 8% | £104,150 |
| April 2016 | 22.3% | £96,419 |
| April 2015 | 11.3% | £78,827 |
| April 2014 | 7.5% | £70,795 |
| April 2013 | 2.3% | £65,859 |
| April 2012 | -0.4% | £64,385 |
| April 2011 | 1% | £64,662 |
| April 2010 | 2% | £64,045 |
| April 2009 | -16.8% | £62,770 |
| April 2008 | -0.2% | £75,418 |
| April 2007 | 0% | £75,561 |
The current average rental value in the postcode is £789.
The LU1 3PB Rental Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £789pcm |
| April 2025 | 2% | £769pcm |
| April 2024 | 9.9% | £754pcm |
| April 2023 | 13.5% | £686pcm |
| April 2022 | 7.2% | £604pcm |
| April 2021 | 1.6% | £564pcm |
| April 2020 | -1.4% | £555pcm |
| April 2019 | 0.2% | £563pcm |
| April 2018 | -3.4% | £562pcm |
| April 2017 | 4.5% | £581pcm |
| April 2016 | 8.4% | £557pcm |
| April 2015 | 9% | £513pcm |
| April 2014 | 3.2% | £471pcm |
| April 2013 | 1.1% | £457pcm |
| April 2012 | 1.1% | £452pcm |
| April 2011 | 2% | £447pcm |
| April 2010 | 1.3% | £438pcm |
| April 2009 | -7.1% | £432pcm |
| April 2008 | 2.5% | £465pcm |
| April 2007 | 0% | £454pcm |
The last sale was on 24th August 2020 for £100,000 and since then the market in the area has increased by 11.2%. The postcode has had a total of 1 sales since 1995.
LU1 3PB has seen no sales in the last three years and no sales in the last twelve months.
LU1 3PB is the 508th largest and the 22nd most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 3PB is Luton Airport Parkway station which is 600 metres away.
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