Watermead Road - LU3 2TD
Key Postcode Insights
LU3 2TD is a residential postcode situated on Watermead Road, Luton, LU3 with 35 addresses.
It ranks as the 498th largest of the 800 postcodes in the LU3 area.
The postcode contains a total of 35 properties: 19 houses and 16 other properties.
- Ave. Sale Price
- £353,468
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,711pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
LU3 2TD is a residential postcode situated on Watermead Road, Luton, LU3 with 35 addresses.
It ranks as the 498th largest of the 800 postcodes in the LU3 area.
The postcode contains a total of 35 properties: 19 houses and 16 other properties.
- Ave. Sale Price
- £353,468
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,711pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties in LU3 2TD
- 2 Watermead Road
4 Bed Mid-century House
- 4 Watermead Road
House
- 6 Watermead Road
House
- 8 Watermead Road
House
- 10 Watermead Road
House
Sales Market Trends
The last sale in LU3 2TD sold for £370,000 on 12th December 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £353,468.
The LU3 2TD Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £353,468 |
| June 2025 | 2.3% | £357,485 |
| June 2024 | -0.2% | £349,439 |
| June 2023 | -1.5% | £350,314 |
| June 2022 | 13.9% | £355,778 |
| June 2021 | 7.7% | £312,294 |
| June 2020 | 0% | £289,994 |
| June 2019 | -2.1% | £289,910 |
| June 2018 | 1% | £296,110 |
| June 2017 | 6.9% | £293,309 |
| June 2016 | 18% | £274,296 |
| June 2015 | 12.6% | £232,540 |
| June 2014 | 9.2% | £206,563 |
| June 2013 | 3.8% | £189,197 |
| June 2012 | 0.4% | £182,227 |
| June 2011 | -2% | £181,480 |
| June 2010 | 9.9% | £185,246 |
| June 2009 | -11% | £168,623 |
| June 2008 | -4.3% | £189,457 |
| June 2007 | 0% | £198,037 |
Rental Market Trends
The current average rental value in the postcode is £1,711.
The LU3 2TD Rental Market has increased by 55.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,711pcm |
| June 2025 | 2.2% | £1,673pcm |
| June 2024 | 10.7% | £1,637pcm |
| June 2023 | 13.1% | £1,479pcm |
| June 2022 | 7.8% | £1,308pcm |
| June 2021 | 7.8% | £1,213pcm |
| June 2020 | 0.7% | £1,126pcm |
| June 2019 | -0.9% | £1,118pcm |
| June 2018 | -1% | £1,128pcm |
| June 2017 | 3.9% | £1,140pcm |
| June 2016 | 9.4% | £1,097pcm |
| June 2015 | 8% | £1,003pcm |
| June 2014 | 4.1% | £929pcm |
| June 2013 | 1.4% | £892pcm |
| June 2012 | 4.3% | £880pcm |
| June 2011 | 3% | £843pcm |
| June 2010 | 7% | £819pcm |
| June 2009 | -4.9% | £765pcm |
| June 2008 | 1.4% | £805pcm |
| June 2007 | 0% | £793pcm |
Sales History
The last recorded sale was on 12th December 2025 for £370,000 and since then the market in the area has decreased by 0.7%.
LU3 2TD has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Dec 2025£370,000 | 3 Bed House70, Watermead Road, Luton, LU3 2TD70, Watermead Road, Luton, LU3 2TD
- Sold Mar 2025£368,000 | 3 Bed House34, Watermead Road, Luton, LU3 2TD34, Watermead Road, Luton, LU3 2TD
- Sold May 2024£340,000 | 3 Bed House48, Watermead Road, Luton, LU3 2TD48, Watermead Road, Luton, LU3 2TD
Nearby Postcodes
LU3 2TD is the 498th largest and the 537th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 2TG, Leathwaite Close, Luton, LU3LU3 2TG30 Addresses|39 m away
- LU3 2TB, Watermead Road, Luton, LU3LU3 2TB28 Addresses|77 m away
- LU3 2TE, Watermead Road, Luton, LU3LU3 2TE8 Addresses|130 m away
- LU3 2TQ, Monton Close, Luton, LU3LU3 2TQ22 Addresses|130 m away
- LU3 2SY, Calverton Road, Luton, LU3LU3 2SY31 Addresses|141 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (2)
- C (6)
- G (0)
- D (8)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Jun 2021£445,000 | 4 Bed House2, Watermead Road, Luton, LU3 2TD2, Watermead Road, Luton, LU3 2TD
- Sold Jul 2018£395,000 | 4 Bed House17, Watermead Road, Luton, LU3 2TB17, Watermead Road, Luton, LU3 2TB
- Sold Dec 2022£390,000 | 5 Bed House99, Watermead Road, Luton, LU3 2TF99, Watermead Road, Luton, LU3 2TF
Schools Nearby
- The Meads Primary School300 m away
- Norton Road Primary School800 m away
- St Joseph's Catholic Primary School800 m away
- Icknield High School1.3 km away
- Lea Manor High School1.3 km away
- Challney High School for Girls1.9 km away
More reading links
Public Transport Nearby
The closest station to LU3 2TD is Leagrave station, which is 900 metres away.
- Leagrave|900 m away
- Luton|3.6 km away
- Luton Airport Parkway|5.2 km away
- Harlington (Bedfordshire)|6.9 km away
