Chestnut Avenue - LU3 3HZ
Key Postcode Insights
LU3 3HZ is a residential postcode situated on Chestnut Avenue, Luton, LU3 with 12 addresses.
It ranks as the 165th largest and 700th most expensive of the 800 postcodes in the LU3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £395,041
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,851pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
LU3 3HZ is a residential postcode situated on Chestnut Avenue, Luton, LU3 with 12 addresses.
It ranks as the 165th largest and 700th most expensive of the 800 postcodes in the LU3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £395,041
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,851pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin LU3 3HZ
- 1 Chestnut Avenue
Unknown
- 3 Chestnut Avenue
4 Bed Mid-century House
- 5 Chestnut Avenue
3 Bed Mid-century House
- 7 Chestnut Avenue
Unknown
- 9 Chestnut Avenue
4 Bed House
Sales Market Trends
The last sale in LU3 3HZ sold for £341,825 on 30th May 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £395,041.
The LU3 3HZ Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £395,041 |
| June 2025 | 2.1% | £398,403 |
| June 2024 | -0.9% | £390,147 |
| June 2023 | -0.3% | £393,523 |
| June 2022 | 12.7% | £394,520 |
| June 2021 | 7.9% | £350,187 |
| June 2020 | 0.4% | £324,450 |
| June 2019 | -2% | £323,194 |
| June 2018 | 1.5% | £329,673 |
| June 2017 | 7.3% | £324,908 |
| June 2016 | 17.8% | £302,776 |
| June 2015 | 13.3% | £256,958 |
| June 2014 | 9.7% | £226,806 |
| June 2013 | 2.8% | £206,710 |
| June 2012 | 0.7% | £201,050 |
| June 2011 | -0.9% | £199,611 |
| June 2010 | 10.6% | £201,449 |
| June 2009 | -13% | £182,223 |
| June 2008 | -3.3% | £209,571 |
| June 2007 | 0% | £216,630 |
Rental Market Trends
The current average rental value in the postcode is £1,851.
The LU3 3HZ Rental Market has increased by 55.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,851pcm |
| June 2025 | 2.7% | £1,806pcm |
| June 2024 | 10.1% | £1,759pcm |
| June 2023 | 12.7% | £1,598pcm |
| June 2022 | 8.1% | £1,418pcm |
| June 2021 | 7.3% | £1,311pcm |
| June 2020 | 0.8% | £1,222pcm |
| June 2019 | -0.7% | £1,212pcm |
| June 2018 | -0.9% | £1,220pcm |
| June 2017 | 3.7% | £1,231pcm |
| June 2016 | 9.4% | £1,187pcm |
| June 2015 | 8% | £1,085pcm |
| June 2014 | 4.1% | £1,005pcm |
| June 2013 | 1.7% | £965pcm |
| June 2012 | 4.1% | £950pcm |
| June 2011 | 2.6% | £912pcm |
| June 2010 | 7% | £889pcm |
| June 2009 | -5% | £831pcm |
| June 2008 | 1.6% | £875pcm |
| June 2007 | 0% | £862pcm |
Sales History
The last sale was on 30th May 2025 for £341,825 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 12 sales since 1995.
LU3 3HZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2025£341,825 | 3 Bed House5, Chestnut Avenue, Luton, LU3 3HZ5, Chestnut Avenue, Luton, LU3 3HZ
- Sold May 2022£350,000 | 3 Bed House15, Chestnut Avenue, Luton, LU3 3HZ15, Chestnut Avenue, Luton, LU3 3HZ
- Sold Dec 2021£350,000 | 3 Bed House17, Chestnut Avenue, Luton, LU3 3HZ17, Chestnut Avenue, Luton, LU3 3HZ
- Sold Oct 2020£360,000 | 4 Bed House3, Chestnut Avenue, Luton, LU3 3HZ3, Chestnut Avenue, Luton, LU3 3HZ
- Sold Feb 2019£292,500 | 3 Bed House17, Chestnut Avenue, Luton, LU3 3HZ17, Chestnut Avenue, Luton, LU3 3HZ
Nearby Postcodes
LU3 3HZ is the 165th largest and the 700th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3HS, Grampian Way, Luton, LU3LU3 3HS28 Addresses|75 m away
- LU3 3JG, Lilac Grove, Luton, LU3LU3 3JG24 Addresses|77 m away
- LU3 3HX, Grampian Way, Luton, LU3LU3 3HX12 Addresses|94 m away
- LU3 3HU, Grampian Way, Luton, LU3LU3 3HU12 Addresses|98 m away
- LU3 3JE, Epping Way, Luton, LU3LU3 3JE26 Addresses|126 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- mid-century house (5)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Oct 2020£360,000 | 4 Bed House3, Chestnut Avenue, Luton, LU3 3HZ3, Chestnut Avenue, Luton, LU3 3HZ
- Sold Apr 2022£360,000 | 3 Bed House36, Chestnut Avenue, Luton, LU3 3JA36, Chestnut Avenue, Luton, LU3 3JA
- Sold Dec 2021£350,000 | 3 Bed House17, Chestnut Avenue, Luton, LU3 3HZ17, Chestnut Avenue, Luton, LU3 3HZ
Schools Nearby
- Parklea Primary School700 m away
- Whitefield Primary Academy900 m away
- Pirton Hill Primary School1.4 km away
- Lealands High School400 m away
- Lea Manor High School1.5 km away
- Houstone School2.2 km away
More reading links
Public Transport Nearby
The closest station to LU3 3HZ is Leagrave station, which is 2.1 kilometres away.
- Leagrave|2.1 km away
- Harlington (Bedfordshire)|4.7 km away
- Luton|6.0 km away
- Luton Airport Parkway|7.6 km away
