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LU3 2TB
Home, House Prices, Watermead Road, Luton, East of England
LU3 2TB

Watermead Road - LU3 2TB

Last updated Aug 2026

Key Postcode Insights

LU3 2TB is a residential postcode situated on Watermead Road, Luton, LU3 with 28 addresses.

It ranks as the 413th largest of the 800 postcodes in the LU3 area.

The postcode contains a total of 28 properties: 14 houses and 14 other properties.

Ave. Sale Price
£369,659
10 Year change
up 29.7%
Ave. Rental Price
£1,744pcm
10 Year change
up 56.9%
Ave. £ per ft²
£357/ft²
Ave. Gross Yield
5.7%/year/yr
All figures are subject to T&Cs
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Sales Market Trends

The last sale in LU3 2TB sold for £235,000 on 16th March 2026. Since then prices are up an average of 1.7%.

The current average value in the postcode is £369,659.
The LU3 2TB Sales Market has increased by 29.7% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-0.7%£369,659
June 20252.4%£372,417
June 2024-0.6%£363,539
June 2023-1.3%£365,739
June 202214.3%£370,436
June 20217.5%£324,161
June 20200%£301,670
June 2019-2.2%£301,527
June 20180.9%£308,314
June 20177.1%£305,459
June 201618.4%£285,116
June 201512.9%£240,857
June 20149.3%£213,426
June 20133.8%£195,183
June 20120.4%£187,957
June 2011-2.1%£187,129
June 20109.1%£191,146
June 2009-11.2%£175,149
June 2008-4.2%£197,208
June 20070%£205,935
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Rental Market Trends

The current average rental value in the postcode is £1,744.
The LU3 2TB Rental Market has increased by 56.9% over the last 10 years.

PeriodYear on YearAverage Price
June 20262.7%£1,744pcm
June 20252.3%£1,699pcm
June 202410.3%£1,660pcm
June 202313.4%£1,506pcm
June 20228.1%£1,327pcm
June 20217.6%£1,228pcm
June 20200.7%£1,141pcm
June 2019-1%£1,133pcm
June 2018-1.1%£1,145pcm
June 20174.1%£1,157pcm
June 20169.8%£1,112pcm
June 20158.2%£1,013pcm
June 20144.2%£936pcm
June 20131.4%£898pcm
June 20124.4%£885pcm
June 20112.9%£848pcm
June 20106.3%£824pcm
June 2009-5.1%£775pcm
June 20081.5%£817pcm
June 20070%£804pcm
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Sales History

The last recorded sale was on 16th March 2026 for £235,000 and since then the market in the area has increased by 1.7%.

LU3 2TB has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.

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Nearby Postcodes

LU3 2TB is the 413th largest and the 598th most expensive postcode out of the 800 postcodes in the LU3 area.

Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
  • The most common rating is C.
  • A (0)
  • E (0)
  • B (0)
  • F (0)
  • C (7)
  • G (0)
  • D (7)
  • No EPC (14)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to LU3 2TB is The Meads Primary School, which is 300 metres away.
  • The Meads Primary School
    300 m away
  • Icknield Primary School
    800 m away
  • Norton Road Primary School
    800 m away
The nearest secondary school is Icknield High School, which is 1.2 kilometres away.
  • Icknield High School
    1.2 km away
  • Lea Manor High School
    1.3 km away
  • Challney High School for Girls
    1.9 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to LU3 2TB is Leagrave station, which is 1.0 kilometres away.

  • Leagrave
    |
    1.0 km away
  • Luton
    |
    3.6 km away
  • Luton Airport Parkway
    |
    5.2 km away
  • Harlington (Bedfordshire)
    |
    6.9 km away
Source: National Rail
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