LU3 3BY is a residential postcode situated on Florence Avenue, Luton, LU3 with 29 addresses.
It ranks as the 422nd largest and 447th 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 29 properties: 29 houses.
LU3 3BY is a residential postcode situated on Florence Avenue, Luton, LU3 with 29 addresses.
It ranks as the 422nd largest and 447th 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 29 properties: 29 houses.
Sale prices range from £283,040 for 2 bedroom freehold houses with a garden (688 ft2) to £415,556 for 4 bedroom freehold houses with a garden (1,399 ft2) .
Monthly rental prices range from £1,440 pcm for 2 bed houses to £2,015 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 6.2%.
The average value per square foot is £365.
The last sale in LU3 3BY sold for £335,000 on 18th December 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £335,825.
The LU3 3BY Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £335,825 |
| April 2025 | 1.9% | £330,604 |
| April 2024 | -2.4% | £324,432 |
| April 2023 | 3.2% | £332,372 |
| April 2022 | 12.8% | £322,067 |
| April 2021 | 7.3% | £285,632 |
| April 2020 | -0.8% | £266,236 |
| April 2019 | -2.3% | £268,324 |
| April 2018 | 2% | £274,596 |
| April 2017 | 10% | £269,283 |
| April 2016 | 19.3% | £244,892 |
| April 2015 | 13.5% | £205,247 |
| April 2014 | 8.1% | £180,868 |
| April 2013 | 4.1% | £167,294 |
| April 2012 | 0.5% | £160,677 |
| April 2011 | -1% | £159,902 |
| April 2010 | 7.7% | £161,473 |
| April 2009 | -16.1% | £149,969 |
| April 2008 | 1.1% | £178,730 |
| April 2007 | 0% | £176,778 |
The current average rental value in the postcode is £1,671.
The LU3 3BY Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,671pcm |
| April 2025 | 2.3% | £1,629pcm |
| April 2024 | 12.2% | £1,592pcm |
| April 2023 | 12.3% | £1,419pcm |
| April 2022 | 8% | £1,264pcm |
| April 2021 | 6.7% | £1,170pcm |
| April 2020 | 0.4% | £1,097pcm |
| April 2019 | -1.6% | £1,093pcm |
| April 2018 | -0.6% | £1,110pcm |
| April 2017 | 5.8% | £1,117pcm |
| April 2016 | 10% | £1,055pcm |
| April 2015 | 8.2% | £959pcm |
| April 2014 | 3.7% | £887pcm |
| April 2013 | 3.7% | £855pcm |
| April 2012 | 3.5% | £825pcm |
| April 2011 | 2.6% | £797pcm |
| April 2010 | 4.3% | £776pcm |
| April 2009 | -6.4% | £745pcm |
| April 2008 | 3% | £795pcm |
| April 2007 | 0% | £772pcm |
The last sale was on 18th December 2025 for £335,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 23 sales since 1995.
LU3 3BY has seen 3 sales in the last three years and 3 sales in the last twelve months.
LU3 3BY is the 422nd largest and the 447th most expensive postcode out of the 799 postcodes in the LU3 area.
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The closest station to LU3 3BY is Leagrave station which is 1.0 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 3BY, 47.3% of property is privately owned outright and 34.9% is privately owned with a mortgage.
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 3BY, 15.1% of residents are recorded as possessing school level qualifications and 23.9% 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 3BY, the average age was 37.8 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 3BY, 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 3BY, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.