Fallowfield - LU3 1UL
Key Postcode Insights
LU3 1UL is a residential postcode situated on Fallowfield, Luton, LU3 with 44 addresses.
It ranks as the 631st largest and 669th 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 44 properties: 44 houses.
- Ave. Sale Price
- £395,046
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,762pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
LU3 1UL is a residential postcode situated on Fallowfield, Luton, LU3 with 44 addresses.
It ranks as the 631st largest and 669th 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 44 properties: 44 houses.
- Ave. Sale Price
- £395,046
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,762pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin LU3 1UL
- 1A Fallowfield
House
- 1 Fallowfield
3 Bed House
- 2 Fallowfield
3 Bed Mid-century House
- 3 Fallowfield
3 Bed Mid-century House
- 4 Fallowfield
3 Bed Early-century House
Sales Market Trends
The last sale in LU3 1UL sold for £399,999 on 14th November 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £395,046.
The LU3 1UL Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £395,046 |
| June 2025 | 2.2% | £400,217 |
| June 2024 | -0.2% | £391,528 |
| June 2023 | -1.4% | £392,425 |
| June 2022 | 13% | £397,853 |
| June 2021 | 7.8% | £351,990 |
| June 2020 | 0.2% | £326,450 |
| June 2019 | -2.2% | £325,755 |
| June 2018 | 1.2% | £332,996 |
| June 2017 | 6.5% | £329,079 |
| June 2016 | 18% | £309,018 |
| June 2015 | 12.6% | £261,918 |
| June 2014 | 9.1% | £232,624 |
| June 2013 | 3.6% | £213,283 |
| June 2012 | 0.6% | £205,867 |
| June 2011 | -1.5% | £204,637 |
| June 2010 | 10.9% | £207,835 |
| June 2009 | -11.8% | £187,468 |
| June 2008 | -4.1% | £212,476 |
| June 2007 | 0% | £221,508 |
Rental Market Trends
The current average rental value in the postcode is £1,762.
The LU3 1UL Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,762pcm |
| June 2025 | 2.2% | £1,727pcm |
| June 2024 | 10.5% | £1,690pcm |
| June 2023 | 13.3% | £1,530pcm |
| June 2022 | 7.7% | £1,350pcm |
| June 2021 | 7.6% | £1,254pcm |
| June 2020 | 0.6% | £1,166pcm |
| June 2019 | -0.6% | £1,158pcm |
| June 2018 | -1.1% | £1,165pcm |
| June 2017 | 3.4% | £1,178pcm |
| June 2016 | 8.8% | £1,140pcm |
| June 2015 | 8% | £1,048pcm |
| June 2014 | 4% | £970pcm |
| June 2013 | 1.6% | £933pcm |
| June 2012 | 4.1% | £918pcm |
| June 2011 | 3.2% | £882pcm |
| June 2010 | 7.5% | £855pcm |
| June 2009 | -4.9% | £795pcm |
| June 2008 | 1.5% | £836pcm |
| June 2007 | 0% | £824pcm |
Sales History
The last sale was on 14th November 2025 for £399,999 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 56 sales since 1995.
LU3 1UL has seen 9 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£399,999 | 4 Bed House41, Fallowfield, Luton, LU3 1UL41, Fallowfield, Luton, LU3 1UL
- Sold Mar 2025£585,000 | 5 Bed House22, Fallowfield, Luton, LU3 1UL22, Fallowfield, Luton, LU3 1UL
- Sold Mar 2025£485,000 | 4 Bed House13, Fallowfield, Luton, LU3 1UL13, Fallowfield, Luton, LU3 1UL
- Sold Jan 2025£395,000 | 3 Bed House19, Fallowfield, Luton, LU3 1UL19, Fallowfield, Luton, LU3 1UL
- Sold Nov 2024£375,000 | 3 Bed House11, Fallowfield, Luton, LU3 1UL11, Fallowfield, Luton, LU3 1UL
Nearby Postcodes
LU3 1UL is the 631st largest and the 669th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 1UU, Moat Lane, Luton, LU3LU3 1UU42 Addresses|67 m away
- LU3 1UZ, Carol Close, Luton, LU3LU3 1UZ12 Addresses|101 m away
- LU3 1UJ, Lucerne Way, Luton, LU3LU3 1UJ7 Addresses|135 m away
- LU3 1UX, Meadow Road, Luton, LU3LU3 1UX12 Addresses|142 m away
- LU3 1UN, Fallowfield, Luton, LU3LU3 1UN22 Addresses|152 m away
Property Types
- 22 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 8 early-century houses built between 1912 and 1935
- 12 other addresses of unknown type
- mid-century house (22)
- house (2)
- early-century house (8)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (12)
- G (0)
- D (14)
- No EPC (14)
Top 3 Most Expensive Sales
Schools Nearby
- William Austin Junior School300 m away
- William Austin Infant School300 m away
- Icknield Primary School400 m away
- Icknield High School500 m away
- Denbigh High School1.4 km away
- Stopsley High School1.8 km away
More reading links
Public Transport Nearby
The closest station to LU3 1UL is Leagrave station, which is 1.8 kilometres away.
- Leagrave|1.8 km away
- Luton|2.7 km away
- Luton Airport Parkway|4.2 km away
- Harlington (Bedfordshire)|7.8 km away
