Memorial Road - LU3 2QU
Key Postcode Insights
LU3 2QU is a residential postcode situated on Memorial Road, Luton, LU3 with 15 addresses.
It ranks as the 221st largest and 80th most expensive of the 800 postcodes in the LU3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 15 properties: 6 houses and 9 flats.
- Ave. Sale Price
- £231,142
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £1,289pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
LU3 2QU is a residential postcode situated on Memorial Road, Luton, LU3 with 15 addresses.
It ranks as the 221st largest and 80th most expensive of the 800 postcodes in the LU3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 15 properties: 6 houses and 9 flats.
- Ave. Sale Price
- £231,142
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £1,289pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin LU3 2QU
- Straffan Court
Modern Building | 5 Units
- William Court
Building | 4 Flats
- 7A Memorial Road
House
- 7 Memorial Road
3 Bed Early-century House
- 9 Memorial Road
4 Bed Early-century House
Sales Market Trends
The last sale in LU3 2QU sold for £175,000 on 10th February 2023. Since then prices are up an average of 10.1%.
The current average value in the postcode is £231,142.
The LU3 2QU Sales Market has increased by 23.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £231,142 |
| June 2025 | 1.4% | £232,768 |
| June 2024 | -0.6% | £229,618 |
| June 2023 | -0.7% | £230,900 |
| June 2022 | 11.5% | £232,422 |
| June 2021 | 6.5% | £208,519 |
| June 2020 | 0% | £195,847 |
| June 2019 | -2.9% | £195,799 |
| June 2018 | 0.4% | £201,678 |
| June 2017 | 7.1% | £200,847 |
| June 2016 | 18.9% | £187,516 |
| June 2015 | 13.6% | £157,686 |
| June 2014 | 9.6% | £138,797 |
| June 2013 | 2.1% | £126,605 |
| June 2012 | -0.1% | £124,045 |
| June 2011 | -1.2% | £124,229 |
| June 2010 | 7.7% | £125,698 |
| June 2009 | -14.2% | £116,765 |
| June 2008 | -4.2% | £136,077 |
| June 2007 | 0% | £142,078 |
Rental Market Trends
The current average rental value in the postcode is £1,289.
The LU3 2QU Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,289pcm |
| June 2025 | 1.7% | £1,256pcm |
| June 2024 | 10.5% | £1,234pcm |
| June 2023 | 12.9% | £1,117pcm |
| June 2022 | 6.6% | £989pcm |
| June 2021 | 5.8% | £928pcm |
| June 2020 | 0.5% | £877pcm |
| June 2019 | -1.6% | £872pcm |
| June 2018 | -1.9% | £886pcm |
| June 2017 | 3.7% | £904pcm |
| June 2016 | 10% | £872pcm |
| June 2015 | 8.3% | £792pcm |
| June 2014 | 4% | £732pcm |
| June 2013 | 0.8% | £704pcm |
| June 2012 | 3.2% | £698pcm |
| June 2011 | 2.9% | £677pcm |
| June 2010 | 3.4% | £657pcm |
| June 2009 | -5.9% | £635pcm |
| June 2008 | 0.9% | £675pcm |
| June 2007 | 0% | £670pcm |
Sales History
The last sale was on 10th February 2023 for £175,000 and since then the market in the area has increased by 10.1%. The postcode has had a total of 22 sales since 1995.
LU3 2QU has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2023£175,000 | 2 Bed FlatFlat 11, William Court, Memorial Road, Luton, LU3 2QUFlat 11, William Court, Memorial Road, Luton, LU3 2QU
- Sold Feb 2023£122,500 | 2 Bed FlatFlat 13, William Court, Memorial Road, Luton, LU3 2QUFlat 13, William Court, Memorial Road, Luton, LU3 2QU
- Sold Feb 2023£122,500 | 2 Bed FlatFlat 14, William Court, Memorial Road, Luton, LU3 2QUFlat 14, William Court, Memorial Road, Luton, LU3 2QU
- Sold Jan 2023£175,000 | 2 Bed FlatFlat 12, William Court, Memorial Road, Luton, LU3 2QUFlat 12, William Court, Memorial Road, Luton, LU3 2QU
- Sold May 2021£145,000 | 2 Bed FlatFlat 12, William Court, Memorial Road, Luton, LU3 2QUFlat 12, William Court, Memorial Road, Luton, LU3 2QU
Nearby Postcodes
LU3 2QU is the 221st largest and the 80th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 2BG, Sarum Road, Luton, LU3LU3 2BG10 Addresses|34 m away
- LU3 2AW, Memorial Road, Luton, LU3LU3 2AW6 Addresses|36 m away
- LU3 2AX, Sarum Road, Luton, LU3LU3 2AX5 Addresses|40 m away
- LU3 2BQ, Sarum Road, Luton, LU3LU3 2BQ14 Addresses|61 m away
- LU3 2BF, Sarum Road, Luton, LU3LU3 2BF8 Addresses|63 m away
Property Types
- 9 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- modern flat (9)
- mid-century house (1)
- early-century house (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (10)
- G (0)
- D (3)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2017£255,000 | 3 Bed House13, Memorial Road, Luton, LU3 2QU13, Memorial Road, Luton, LU3 2QU
- Sold Apr 2018£255,000 | 3 Bed House7, Memorial Road, Luton, LU3 2QU7, Memorial Road, Luton, LU3 2QU
- Sold Dec 2015£232,500 | 3 Bed House15, Memorial Road, Luton, LU3 2QU15, Memorial Road, Luton, LU3 2QU
Schools Nearby
- Beechwood Primary School400 m away
- Norton Road Primary School400 m away
- St Joseph's Catholic Primary School600 m away
- Challney High School for Girls1.1 km away
- Challney High School for Boys1.3 km away
- Icknield High School1.8 km away
More reading links
Public Transport Nearby
The closest station to LU3 2QU is Leagrave station, which is 500 metres away.
- Leagrave|500 m away
- Luton|3.5 km away
- Luton Airport Parkway|5.1 km away
- Harlington (Bedfordshire)|7.3 km away
