LU3 1BE

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LU3 1BEHouse Prices / East of England, Luton, Malzeard Road

Name: LU3 1BE
Address: LU3 1BE, Luton, East of England, LU3 1BE, United Kingdom

Last updated May 2026

Key Postcode Insights

LU3 1BE is a residential postcode situated on Malzeard Road, Luton, LU3 with 30 addresses.

It ranks as the 426th largest and 69th most expensive of the 799 postcodes in the LU3 area. The dominant property type is a mid-century flat built between 1936 and 1979.

The postcode contains a total of 30 properties: 30 flats.

Properties

Flats

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Key Postcode Insights

LU3 1BE is a residential postcode situated on Malzeard Road, Luton, LU3 with 30 addresses.

It ranks as the 426th largest and 69th most expensive of the 799 postcodes in the LU3 area. The dominant property type is a mid-century flat built between 1936 and 1979.

The postcode contains a total of 30 properties: 30 flats.

Properties

Flats

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House Pricesin LU3 1BE

Sale prices range from £150,505 for 2 bedroom leasehold flats (538 ft²) to £160,895 for 2 bedroom leasehold flats (624 ft²) .

Monthly rental prices range from £955 pcm for 2 bed flats to £1,025 pcm for 2 bed flats.

The gross rental yield is between 7.6% and 7.7%.

The average value per square foot is £260.

Average Sale Value

£158,422

Average Rental Value

£1,009 pcm

Average Rental Yield

7.6% /year

Average Value Per Sqft

£260 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin LU3 1BE

The last sale in LU3 1BE sold for £173,000 on 5th December 2025. Since then prices are down an average of 0.1%.

The current average value in the postcode is £158,422.
The LU3 1BE Sales Market has increased by 13.3% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	0.9%	£158,422
April 2025	1.1%	£157,038
April 2024	-0.7%	£155,330
April 2023	0.2%	£156,355
April 2022	4.5%	£156,045
April 2021	3.5%	£149,255
April 2020	0.6%	£144,232
April 2019	-5.5%	£143,359
April 2018	1%	£151,705
April 2017	7.4%	£150,224
April 2016	22.4%	£139,855
April 2015	11%	£114,271
April 2014	6.3%	£102,904
April 2013	1.2%	£96,836
April 2012	-0.7%	£95,656
April 2011	1.2%	£96,283
April 2010	1.1%	£95,169
April 2009	-16.8%	£94,166
April 2008	-1.1%	£113,147
April 2007	0%	£114,442

Rental Market Trendsin LU3 1BE

The current average rental value in the postcode is £1,009.
The LU3 1BE Rental Market has increased by 32.0% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	1.4%	£1,009pcm
April 2025	1.1%	£995pcm
April 2024	10.6%	£984pcm
April 2023	12.1%	£890pcm
April 2022	5%	£794pcm
April 2021	0.8%	£756pcm
April 2020	-1%	£750pcm
April 2019	-0.7%	£757pcm
April 2018	-3.8%	£763pcm
April 2017	3.8%	£794pcm
April 2016	9.1%	£764pcm
April 2015	8.3%	£701pcm
April 2014	2%	£647pcm
April 2013	0.2%	£634pcm
April 2012	1.1%	£633pcm
April 2011	2.7%	£626pcm
April 2010	0%	£609pcm
April 2009	-7.3%	£609pcm
April 2008	1.4%	£657pcm
April 2007	0%	£648pcm

Explore Buildingsin LU3 1BE, Malzeard Road, Luton, LU3

Braithwaite Court, Malzeard Road, Luton, LU3 Mid-century building30 units

Sales History
in LU3 1BE

The last sale was on 5th December 2025 for £173,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 55 sales since 1995.