Spencer Road - LU3 1JT
Key Postcode Insights
LU3 1JT is a residential postcode situated on Spencer Road, Luton, LU3 with 45 addresses.
It ranks as the 639th largest and 182nd most expensive of the 800 postcodes in the LU3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 45 properties: 45 houses.
- Ave. Sale Price
- £252,893
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,363pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £285/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
LU3 1JT is a residential postcode situated on Spencer Road, Luton, LU3 with 45 addresses.
It ranks as the 639th largest and 182nd most expensive of the 800 postcodes in the LU3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 45 properties: 45 houses.
- Ave. Sale Price
- £252,893
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,363pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £285/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin LU3 1JT
- 1 Spencer Road
Unknown
- 3 Spencer Road
3 Bed House
- 5 Spencer Road
3 Bed Period House
- 7 Spencer Road
3 Bed Period House
- 9 Spencer Road
4 Bed Period House
Sales Market Trends
The last sale in LU3 1JT sold for £306,000 on 12th September 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £252,893.
The LU3 1JT Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £252,893 |
| June 2025 | 2.8% | £252,252 |
| June 2024 | -1.3% | £245,469 |
| June 2023 | -0.1% | £248,756 |
| June 2022 | 12% | £248,961 |
| June 2021 | 6.2% | £222,271 |
| June 2020 | 1.9% | £209,221 |
| June 2019 | -4.7% | £205,338 |
| June 2018 | 1.5% | £215,560 |
| June 2017 | 7.4% | £212,334 |
| June 2016 | 22.9% | £197,715 |
| June 2015 | 13.4% | £160,920 |
| June 2014 | 9.1% | £141,898 |
| June 2013 | 3.5% | £130,012 |
| June 2012 | 1.6% | £125,648 |
| June 2011 | -0.6% | £123,663 |
| June 2010 | 6.9% | £124,414 |
| June 2009 | -15% | £116,430 |
| June 2008 | -3.6% | £136,917 |
| June 2007 | 0% | £142,010 |
Rental Market Trends
The current average rental value in the postcode is £1,363.
The LU3 1JT Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,363pcm |
| June 2025 | 2.7% | £1,318pcm |
| June 2024 | 7.6% | £1,284pcm |
| June 2023 | 16.1% | £1,194pcm |
| June 2022 | 10.1% | £1,028pcm |
| June 2021 | 5.1% | £934pcm |
| June 2020 | 0.1% | £889pcm |
| June 2019 | -0.5% | £888pcm |
| June 2018 | -2.1% | £892pcm |
| June 2017 | 3.9% | £911pcm |
| June 2016 | 9.5% | £877pcm |
| June 2015 | 10.2% | £801pcm |
| June 2014 | 5.5% | £727pcm |
| June 2013 | 1.4% | £689pcm |
| June 2012 | 3.5% | £679pcm |
| June 2011 | 2.9% | £657pcm |
| June 2010 | 3.3% | £638pcm |
| June 2009 | -6.5% | £618pcm |
| June 2008 | 1.5% | £661pcm |
| June 2007 | 0% | £651pcm |
Sales History
The last sale was on 12th September 2025 for £306,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 68 sales since 1995.
LU3 1JT has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£306,000 | 3 Bed House7, Spencer Road, Luton, LU3 1JT7, Spencer Road, Luton, LU3 1JT
- Sold Nov 2024£265,000 | 4 Bed House47, Spencer Road, Luton, LU3 1JT47, Spencer Road, Luton, LU3 1JT
- Sold Feb 2024£225,000 | 2 Bed House67, Spencer Road, Luton, LU3 1JT67, Spencer Road, Luton, LU3 1JT
- Sold Jul 2023£220,000 | 3 Bed House83, Spencer Road, Luton, LU3 1JT83, Spencer Road, Luton, LU3 1JT
- Sold Jun 2021£192,500 | 3 Bed House75, Spencer Road, Luton, LU3 1JT75, Spencer Road, Luton, LU3 1JT
Nearby Postcodes
LU3 1JT is the 639th largest and the 182nd most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 1JU, Spencer Road, Luton, LU3LU3 1JU51 Addresses|28 m away
- LU3 1JS, Saxon Road, Luton, LU3LU3 1JS47 Addresses|37 m away
- LU3 1JR, Saxon Road, Luton, LU3LU3 1JR48 Addresses|65 m away
- LU3 1JX, Althorp Road, Luton, LU3LU3 1JX57 Addresses|69 m away
- LU3 1JY, Althorp Road, Luton, LU3LU3 1JY55 Addresses|94 m away
Property Types
- 35 period houses built between 1800 and 1911
- 3 houses of an unknown age
- 7 other addresses of unknown type
- period house (35)
- house (3)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 35 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (0)
- F (2)
- C (6)
- G (0)
- D (18)
- No EPC (10)
Top 3 Most Expensive Sales
Schools Nearby
- Denbigh Primary School400 m away
- Beech Hill Community Primary School500 m away
- River Bank Primary School600 m away
- Denbigh High School400 m away
- Icknield High School1.9 km away
- Stopsley High School2.1 km away
More reading links
Public Transport Nearby
The closest station to LU3 1JT is Luton station, which is 1.5 kilometres away.
- Luton|1.5 km away
- Leagrave|2.5 km away
- Luton Airport Parkway|3.1 km away
- Harlington (Bedfordshire)|9.1 km away
