Malzeard Road - LU3 1BD
Key Postcode Insights
LU3 1BD is a residential postcode situated on Malzeard Road, Luton, LU3 with 31 addresses.
It ranks as the 440th largest and 715th most expensive of the 800 postcodes in the LU3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 31 properties: 27 houses and 4 flats.
- Ave. Sale Price
- £405,456
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £1,788pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £369/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
LU3 1BD is a residential postcode situated on Malzeard Road, Luton, LU3 with 31 addresses.
It ranks as the 440th largest and 715th most expensive of the 800 postcodes in the LU3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 31 properties: 27 houses and 4 flats.
- Ave. Sale Price
- £405,456
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £1,788pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £369/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin LU3 1BD
- 2 Malzeard Road
Unknown
- 4 Malzeard Road
4 Bed Early-century House
- 6 Malzeard Road
Unknown
- 8 Malzeard Road
3 Bed Early-century House
- 10 Malzeard Road
4 Bed Early-century House
Sales Market Trends
The last sale in LU3 1BD sold for £410,000 on 18th February 2022. Since then prices are up an average of 4.9%.
The current average value in the postcode is £405,456.
The LU3 1BD Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £405,456 |
| June 2025 | 2.5% | £407,283 |
| June 2024 | -0.2% | £397,413 |
| June 2023 | -1.2% | £398,274 |
| June 2022 | 9% | £402,964 |
| June 2021 | 5.2% | £369,641 |
| June 2020 | 2% | £351,213 |
| June 2019 | -5.1% | £344,185 |
| June 2018 | 1.2% | £362,630 |
| June 2017 | 5.9% | £358,327 |
| June 2016 | 22.3% | £338,386 |
| June 2015 | 12.1% | £276,602 |
| June 2014 | 7.8% | £246,638 |
| June 2013 | 3.6% | £228,717 |
| June 2012 | 0.6% | £220,726 |
| June 2011 | 0% | £219,372 |
| June 2010 | 6.8% | £219,472 |
| June 2009 | -15.3% | £205,450 |
| June 2008 | -3.9% | £242,545 |
| June 2007 | 0% | £252,383 |
Rental Market Trends
The current average rental value in the postcode is £1,788.
The LU3 1BD Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,788pcm |
| June 2025 | 2.3% | £1,743pcm |
| June 2024 | 8.1% | £1,704pcm |
| June 2023 | 15.5% | £1,577pcm |
| June 2022 | 8.3% | £1,365pcm |
| June 2021 | 3.9% | £1,261pcm |
| June 2020 | -0.6% | £1,213pcm |
| June 2019 | 0.2% | £1,221pcm |
| June 2018 | -2.7% | £1,219pcm |
| June 2017 | 2.4% | £1,253pcm |
| June 2016 | 7.7% | £1,224pcm |
| June 2015 | 9.7% | £1,136pcm |
| June 2014 | 4.9% | £1,036pcm |
| June 2013 | 1.2% | £988pcm |
| June 2012 | 2% | £976pcm |
| June 2011 | 3.1% | £957pcm |
| June 2010 | 3.4% | £928pcm |
| June 2009 | -6.6% | £898pcm |
| June 2008 | 1.2% | £961pcm |
| June 2007 | 0% | £950pcm |
Sales History
The last sale was on 18th February 2022 for £410,000 and since then the market in the area has increased by 4.9%. The postcode has had a total of 38 sales since 1995.
LU3 1BD has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2022£410,000 | 3 Bed House8, Malzeard Road, Luton, LU3 1BD8, Malzeard Road, Luton, LU3 1BD
- Sold Dec 2016£375,500 | 4 Bed House10, Malzeard Road, Luton, LU3 1BD10, Malzeard Road, Luton, LU3 1BD
- Sold Mar 2016£350,000 | 4 Bed House22, Malzeard Road, Luton, LU3 1BD22, Malzeard Road, Luton, LU3 1BD
- Sold Nov 2015£275,000 | 3 Bed House21, Malzeard Road, Luton, LU3 1BD21, Malzeard Road, Luton, LU3 1BD
- Sold Oct 2014£271,000 | 5 Bed House19, Malzeard Road, Luton, LU3 1BD19, Malzeard Road, Luton, LU3 1BD
Nearby Postcodes
LU3 1BD is the 440th largest and the 715th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 1BB, Studley Road, Luton, LU3LU3 1BB91 Addresses|80 m away
- LU3 1BN, Malzeard Road, Luton, LU3LU3 1BN14 Addresses|81 m away
- LU3 1FD, Studley Road, Luton, LU3LU3 1FD27 Addresses|105 m away
- LU3 1BE, Malzeard Road, Luton, LU3LU3 1BE30 Addresses|108 m away
- LU3 1AH, Biscot Road, Luton, LU3LU3 1AH75 Addresses|134 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 9 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- mid-century house (6)
- early-century house (9)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (4)
- G (0)
- D (10)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Feb 2022£410,000 | 3 Bed House8, Malzeard Road, Luton, LU3 1BD8, Malzeard Road, Luton, LU3 1BD
- Sold Dec 2016£375,500 | 4 Bed House10, Malzeard Road, Luton, LU3 1BD10, Malzeard Road, Luton, LU3 1BD
- Sold Mar 2016£350,000 | 4 Bed House22, Malzeard Road, Luton, LU3 1BD22, Malzeard Road, Luton, LU3 1BD
Schools Nearby
- Beech Hill Community Primary School600 m away
- River Bank Primary School700 m away
- Dallow Primary School800 m away
- Denbigh High School400 m away
- Stopsley High School2.0 km away
- The Stockwood Park Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to LU3 1BD is Luton station, which is 1.0 kilometres away.
- Luton|1.0 km away
- Luton Airport Parkway|2.6 km away
- Leagrave|3.0 km away
- Harpenden|9.5 km away
