LU3 2RG is a residential postcode situated on Nursery Road, Luton, LU3 with 5 addresses.
It ranks as the 47th largest and 145th most expensive of the 799 postcodes in the LU3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 5 properties: 5 houses.
LU3 2RG is a residential postcode situated on Nursery Road, Luton, LU3 with 5 addresses.
It ranks as the 47th largest and 145th most expensive of the 799 postcodes in the LU3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £230,465 for 2 bedroom freehold houses with a garden (678 ft2) to £281,835 for 3 bedroom freehold houses with a garden (968 ft2) .
Monthly rental prices range from £1,238 pcm for 2 bed houses to £1,470 pcm for 3 bed houses.
The gross rental yield is between 6.3% and 6.4%.
The average value per square foot is £340.
The last sale in LU3 2RG sold for £260,000 on 1st August 2022. Since then prices are up an average of 1.1%.
The current average value in the postcode is £245,118.
The LU3 2RG Sales Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £245,118 |
| April 2025 | 2.1% | £240,653 |
| April 2024 | -2.6% | £235,677 |
| April 2023 | 3.5% | £241,874 |
| April 2022 | 13.3% | £233,772 |
| April 2021 | 7.1% | £206,285 |
| April 2020 | -0.8% | £192,561 |
| April 2019 | -2.7% | £194,147 |
| April 2018 | 2% | £199,563 |
| April 2017 | 10.5% | £195,732 |
| April 2016 | 20.1% | £177,120 |
| April 2015 | 13.9% | £147,515 |
| April 2014 | 8.3% | £129,500 |
| April 2013 | 3.2% | £119,606 |
| April 2012 | 0.3% | £115,880 |
| April 2011 | -0.9% | £115,554 |
| April 2010 | 6.8% | £116,662 |
| April 2009 | -15.9% | £109,236 |
| April 2008 | 0.9% | £129,834 |
| April 2007 | 0% | £128,664 |
The current average rental value in the postcode is £1,308.
The LU3 2RG Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,308pcm |
| April 2025 | 2.4% | £1,271pcm |
| April 2024 | 12% | £1,241pcm |
| April 2023 | 12.8% | £1,108pcm |
| April 2022 | 8.4% | £983pcm |
| April 2021 | 6.5% | £906pcm |
| April 2020 | 0.4% | £851pcm |
| April 2019 | -2% | £848pcm |
| April 2018 | -0.6% | £865pcm |
| April 2017 | 6.4% | £870pcm |
| April 2016 | 10.7% | £817pcm |
| April 2015 | 8.7% | £739pcm |
| April 2014 | 3.8% | £679pcm |
| April 2013 | 2.7% | £654pcm |
| April 2012 | 3.4% | £637pcm |
| April 2011 | 2.9% | £616pcm |
| April 2010 | 3.3% | £599pcm |
| April 2009 | -6.2% | £580pcm |
| April 2008 | 2.8% | £618pcm |
| April 2007 | 0% | £602pcm |
The last sale was on 1st August 2022 for £260,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 8 sales since 1995.
LU3 2RG has seen no sales in the last three years and no sales in the last twelve months.
LU3 2RG is the 47th largest and the 145th most expensive postcode out of the 799 postcodes in the LU3 area.
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The closest station to LU3 2RG is Leagrave station which is 400 metres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LU3 2RG, 58.8% of property is socially rented and 20.3% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LU3 2RG, 26.5% of residents are recorded as possessing school level qualifications and 19.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LU3 2RG, the average age was 37 and the most common age was 7.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LU3 2RG, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LU3 2RG, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.