Fountains Road - LU3 1LY
Key Postcode Insights
LU3 1LY is a residential postcode situated on Fountains Road, Luton, LU3 with 4 addresses.
It ranks as the 30th largest and 711th most expensive of the 800 postcodes in the LU3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £411,793
- 10 Year change
- up 24.5%
- Ave. Rental Price
- £2,043pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £278/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
LU3 1LY is a residential postcode situated on Fountains Road, Luton, LU3 with 4 addresses.
It ranks as the 30th largest and 711th most expensive of the 800 postcodes in the LU3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £411,793
- 10 Year change
- up 24.5%
- Ave. Rental Price
- £2,043pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £278/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin LU3 1LY
- 62A Fountains Road
Unknown
- 64 Fountains Road
Unknown
- 65 Fountains Road
5 Bed Mid-century House
- 66 Fountains Road
4 Bed Early-century House
Sales Market Trends
The last sale in LU3 1LY sold for £450,000 on 6th December 2021. Since then prices are up an average of 5.8%.
The current average value in the postcode is £411,793.
The LU3 1LY Sales Market has increased by 24.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £411,793 |
| June 2025 | 2.4% | £418,026 |
| June 2024 | -0.2% | £408,266 |
| June 2023 | -1.8% | £409,187 |
| June 2022 | 11.9% | £416,542 |
| June 2021 | 7.6% | £372,277 |
| June 2020 | 0.3% | £345,851 |
| June 2019 | -2.1% | £344,842 |
| June 2018 | 2% | £352,416 |
| June 2017 | 4.5% | £345,474 |
| June 2016 | 17.5% | £330,735 |
| June 2015 | 13% | £281,358 |
| June 2014 | 9% | £249,032 |
| June 2013 | 2.6% | £228,407 |
| June 2012 | 0.9% | £222,573 |
| June 2011 | -0.8% | £220,659 |
| June 2010 | 11.8% | £222,413 |
| June 2009 | -11.7% | £198,905 |
| June 2008 | -3.1% | £225,215 |
| June 2007 | 0% | £232,390 |
Rental Market Trends
The current average rental value in the postcode is £2,043.
The LU3 1LY Rental Market has increased by 51.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £2,043pcm |
| June 2025 | 2.5% | £2,015pcm |
| June 2024 | 10.1% | £1,967pcm |
| June 2023 | 13.4% | £1,786pcm |
| June 2022 | 7.5% | £1,575pcm |
| June 2021 | 6.7% | £1,466pcm |
| June 2020 | 1.2% | £1,374pcm |
| June 2019 | 0.1% | £1,357pcm |
| June 2018 | -1.4% | £1,356pcm |
| June 2017 | 1.9% | £1,375pcm |
| June 2016 | 7.2% | £1,349pcm |
| June 2015 | 7.9% | £1,258pcm |
| June 2014 | 4.2% | £1,166pcm |
| June 2013 | 1.8% | £1,119pcm |
| June 2012 | 3.4% | £1,099pcm |
| June 2011 | 3.9% | £1,063pcm |
| June 2010 | 8.5% | £1,023pcm |
| June 2009 | -4.9% | £943pcm |
| June 2008 | 1.9% | £992pcm |
| June 2007 | 0% | £974pcm |
Sales History
The last sale was on 6th December 2021 for £450,000 and since then the market in the area has increased by 5.8%. The postcode has had a total of 4 sales since 1995.
LU3 1LY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2021£450,000 | 5 Bed House65, Fountains Road, Luton, LU3 1LY65, Fountains Road, Luton, LU3 1LY
- Sold Jun 2003£178,000 | 4 Bed House64, Fountains Road, Luton, LU3 1LY64, Fountains Road, Luton, LU3 1LY
- Sold Jan 2003£153,000 | 4 Bed House66, Fountains Road, Luton, LU3 1LY66, Fountains Road, Luton, LU3 1LY
- Sold Aug 2002£202,000 | 5 Bed House65, Fountains Road, Luton, LU3 1LY65, Fountains Road, Luton, LU3 1LY
Nearby Postcodes
LU3 1LY is the 30th largest and the 711th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 1PY, Culverhouse Road, Luton, LU3LU3 1PY58 Addresses|104 m away
- LU3 1PX, Culverhouse Road, Luton, LU3LU3 1PX26 Addresses|112 m away
- LU3 1QE, St. Augustine Avenue, Luton, LU3LU3 1QE16 Addresses|137 m away
- LU3 1QT, St. Winifreds Avenue, Luton, LU3LU3 1QT64 Addresses|168 m away
- LU3 1LZ, St. Michaels Crescent, Luton, LU3LU3 1LZ32 Addresses|174 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (1)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Oct 2022£500,000 | 3 Bed House29, Fountains Road, Luton, LU3 1LX29, Fountains Road, Luton, LU3 1LX
- Sold Mar 2023£460,000 | 4 Bed House33, Fountains Road, Luton, LU3 1LX33, Fountains Road, Luton, LU3 1LX
- Sold Dec 2021£450,000 | 5 Bed House65, Fountains Road, Luton, LU3 1LY65, Fountains Road, Luton, LU3 1LY
Schools Nearby
- William Austin Junior School400 m away
- William Austin Infant School400 m away
- River Bank Primary School500 m away
- Denbigh High School800 m away
- Icknield High School1.1 km away
- Stopsley High School1.5 km away
More reading links
Public Transport Nearby
The closest station to LU3 1LY is Luton station, which is 2.0 kilometres away.
- Luton|2.0 km away
- Leagrave|2.3 km away
- Luton Airport Parkway|3.5 km away
- Harlington (Bedfordshire)|8.5 km away