Fourth Avenue - LU3 3BU
Key Postcode Insights
LU3 3BU is a residential postcode situated on Fourth Avenue, Luton, LU3 with 42 addresses.
It ranks as the 610th largest and 243rd most expensive of the 800 postcodes in the LU3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 42 properties: 42 houses.
- Ave. Sale Price
- £266,106
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,403pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £414/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
LU3 3BU is a residential postcode situated on Fourth Avenue, Luton, LU3 with 42 addresses.
It ranks as the 610th largest and 243rd most expensive of the 800 postcodes in the LU3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 42 properties: 42 houses.
- Ave. Sale Price
- £266,106
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £1,403pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £414/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin LU3 3BU
- 42 Fourth Avenue
House
- 44 Fourth Avenue
3 Bed Early-century House
- 46 Fourth Avenue
2 Bed Early-century House
- 48 Fourth Avenue
2 Bed Early-century House
- 50 Fourth Avenue
2 Bed Early-century House
Sales Market Trends
The last sale in LU3 3BU sold for £285,000 on 8th August 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £266,106.
The LU3 3BU Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £266,106 |
| June 2025 | 2.1% | £265,994 |
| June 2024 | -1.3% | £260,606 |
| June 2023 | 0.2% | £264,056 |
| June 2022 | 14% | £263,411 |
| June 2021 | 7.8% | £231,058 |
| June 2020 | 0.3% | £214,353 |
| June 2019 | -2.8% | £213,645 |
| June 2018 | 1.1% | £219,898 |
| June 2017 | 8.4% | £217,459 |
| June 2016 | 19.7% | £200,532 |
| June 2015 | 14.3% | £167,495 |
| June 2014 | 10.6% | £146,560 |
| June 2013 | 2.4% | £132,505 |
| June 2012 | 1.1% | £129,421 |
| June 2011 | -1.5% | £128,074 |
| June 2010 | 8.4% | £130,016 |
| June 2009 | -13.8% | £119,916 |
| June 2008 | -3.5% | £139,160 |
| June 2007 | 0% | £144,272 |
Rental Market Trends
The current average rental value in the postcode is £1,403.
The LU3 3BU Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,403pcm |
| June 2025 | 2.5% | £1,357pcm |
| June 2024 | 9.7% | £1,324pcm |
| June 2023 | 13.8% | £1,207pcm |
| June 2022 | 9% | £1,061pcm |
| June 2021 | 7.1% | £973pcm |
| June 2020 | 0.9% | £908pcm |
| June 2019 | -1.6% | £901pcm |
| June 2018 | -1.2% | £915pcm |
| June 2017 | 4.9% | £926pcm |
| June 2016 | 10.9% | £883pcm |
| June 2015 | 8.8% | £796pcm |
| June 2014 | 4.8% | £731pcm |
| June 2013 | 1.2% | £698pcm |
| June 2012 | 4.5% | £690pcm |
| June 2011 | 2.5% | £660pcm |
| June 2010 | 4.2% | £644pcm |
| June 2009 | -5.5% | £618pcm |
| June 2008 | 1.5% | £654pcm |
| June 2007 | 0% | £644pcm |
Sales History
The last sale was on 8th August 2025 for £285,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 111 sales since 1995.
LU3 3BU has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£285,000 | 2 Bed House116, Fourth Avenue, Luton, LU3 3BU116, Fourth Avenue, Luton, LU3 3BU
- Sold Mar 2025£278,000 | 2 Bed House106, Fourth Avenue, Luton, LU3 3BU106, Fourth Avenue, Luton, LU3 3BU
- Sold Nov 2024£250,000 | 2 Bed House54, Fourth Avenue, Luton, LU3 3BU54, Fourth Avenue, Luton, LU3 3BU
- Sold Jan 2024£225,000 | 2 Bed House62, Fourth Avenue, Luton, LU3 3BU62, Fourth Avenue, Luton, LU3 3BU
- Sold Sep 2023£247,000 | 2 Bed House76, Fourth Avenue, Luton, LU3 3BU76, Fourth Avenue, Luton, LU3 3BU
Nearby Postcodes
LU3 3BU is the 610th largest and the 243rd most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3BT, Fourth Avenue, Luton, LU3LU3 3BT42 Addresses|28 m away
- LU3 3ES, Third Avenue, Luton, LU3LU3 3ES58 Addresses|87 m away
- LU3 3DD, High Beech Road, Luton, LU3LU3 3DD62 Addresses|87 m away
- LU3 3DE, Fairfax Avenue, Luton, LU3LU3 3DE42 Addresses|113 m away
- LU3 3ER, Third Avenue, Luton, LU3LU3 3ER60 Addresses|115 m away
Property Types
- 1 house of an unknown age
- 37 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- house (1)
- early-century house (37)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (0)
- F (1)
- C (5)
- G (0)
- D (22)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jan 2023£295,000 | 2 Bed House120, Fourth Avenue, Luton, LU3 3BU120, Fourth Avenue, Luton, LU3 3BU
- Sold Aug 2025£285,000 | 2 Bed House116, Fourth Avenue, Luton, LU3 3BU116, Fourth Avenue, Luton, LU3 3BU
- Sold Jul 2024£280,000 | 3 Bed House117, Fourth Avenue, Luton, LU3 3BT117, Fourth Avenue, Luton, LU3 3BT
Schools Nearby
- Parklea Primary School400 m away
- Waulud Primary School600 m away
- Whitefield Primary Academy700 m away
- Lealands High School600 m away
- Lea Manor High School1.1 km away
- Challney High School for Girls1.9 km away
More reading links
Public Transport Nearby
The closest station to LU3 3BU is Leagrave station, which is 1.2 kilometres away.
- Leagrave|1.2 km away
- Luton|5.0 km away
- Harlington (Bedfordshire)|5.6 km away
- Luton Airport Parkway|6.6 km away