Mendip Way - LU3 3JL
Key Postcode Insights
LU3 3JL is a residential postcode situated on Mendip Way, Luton, LU3 with 40 addresses.
It ranks as the 578th largest and 565th 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 40 properties: 40 houses.
- Ave. Sale Price
- £352,158
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £1,720pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £348/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
LU3 3JL is a residential postcode situated on Mendip Way, Luton, LU3 with 40 addresses.
It ranks as the 578th largest and 565th 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 40 properties: 40 houses.
- Ave. Sale Price
- £352,158
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £1,720pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £348/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin LU3 3JL
- 2 Mendip Way
House
- 4 Mendip Way
House
- 6 Mendip Way
House
- 8 Mendip Way
3 Bed Mid-century House
- 10 Mendip Way
House
Sales Market Trends
The last sale in LU3 3JL sold for £337,000 on 20th May 2024. Since then prices are up an average of 1.9%.
The current average value in the postcode is £352,158.
The LU3 3JL Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £352,158 |
| June 2025 | 2.1% | £353,951 |
| June 2024 | -1% | £346,522 |
| June 2023 | -0.1% | £350,151 |
| June 2022 | 13.1% | £350,430 |
| June 2021 | 7.8% | £309,880 |
| June 2020 | 0.4% | £287,519 |
| June 2019 | -2.3% | £286,254 |
| June 2018 | 1.4% | £292,918 |
| June 2017 | 7.8% | £288,876 |
| June 2016 | 18.4% | £268,045 |
| June 2015 | 13.6% | £226,306 |
| June 2014 | 10% | £199,233 |
| June 2013 | 2.7% | £181,107 |
| June 2012 | 0.8% | £176,420 |
| June 2011 | -1.1% | £175,006 |
| June 2010 | 9.5% | £176,892 |
| June 2009 | -13.2% | £161,550 |
| June 2008 | -3.3% | £186,154 |
| June 2007 | 0% | £192,434 |
Rental Market Trends
The current average rental value in the postcode is £1,720.
The LU3 3JL Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,720pcm |
| June 2025 | 2.7% | £1,673pcm |
| June 2024 | 9.9% | £1,629pcm |
| June 2023 | 12.9% | £1,482pcm |
| June 2022 | 8.5% | £1,313pcm |
| June 2021 | 7.2% | £1,210pcm |
| June 2020 | 0.9% | £1,129pcm |
| June 2019 | -1% | £1,119pcm |
| June 2018 | -1% | £1,130pcm |
| June 2017 | 4.2% | £1,141pcm |
| June 2016 | 10% | £1,096pcm |
| June 2015 | 8.3% | £996pcm |
| June 2014 | 4.4% | £920pcm |
| June 2013 | 1.5% | £882pcm |
| June 2012 | 4.2% | £869pcm |
| June 2011 | 2.4% | £834pcm |
| June 2010 | 6% | £814pcm |
| June 2009 | -5.2% | £768pcm |
| June 2008 | 1.6% | £811pcm |
| June 2007 | 0% | £798pcm |
Sales History
The last sale was on 20th May 2024 for £337,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 32 sales since 1995.
LU3 3JL has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£337,000 | 4 Bed House58, Mendip Way, Luton, LU3 3JL58, Mendip Way, Luton, LU3 3JL
- Sold Feb 2024£320,000 | 3 Bed House8, Mendip Way, Luton, LU3 3JL8, Mendip Way, Luton, LU3 3JL
- Sold Sep 2023£390,000 | 4 Bed House62, Mendip Way, Luton, LU3 3JL62, Mendip Way, Luton, LU3 3JL
- Sold Feb 2023£260,000 | 2 Bed House40, Mendip Way, Luton, LU3 3JL40, Mendip Way, Luton, LU3 3JL
- Sold Feb 2023£370,000 | 3 Bed House78, Mendip Way, Luton, LU3 3JL78, Mendip Way, Luton, LU3 3JL
Nearby Postcodes
LU3 3JL is the 578th largest and the 565th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3JH, Lime Tree Close, Luton, LU3LU3 3JH16 Addresses|22 m away
- LU3 3JJ, Mendip Way, Luton, LU3LU3 3JJ60 Addresses|35 m away
- LU3 3JE, Epping Way, Luton, LU3LU3 3JE26 Addresses|97 m away
- LU3 3JF, Epping Way, Luton, LU3LU3 3JF18 Addresses|106 m away
- LU3 3JG, Lilac Grove, Luton, LU3LU3 3JG24 Addresses|140 m away
Property Types
- 18 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 20 other addresses of unknown type
- mid-century house (18)
- house (2)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (7)
- G (0)
- D (9)
- No EPC (22)
Top 3 Most Expensive Sales
Schools Nearby
- Parklea Primary School600 m away
- Whitefield Primary Academy700 m away
- Waulud Primary School1.3 km away
- Lealands High School400 m away
- Lea Manor High School1.3 km away
- Houstone School2.4 km away
More reading links
Public Transport Nearby
The closest station to LU3 3JL is Leagrave station, which is 2.1 kilometres away.
- Leagrave|2.1 km away
- Harlington (Bedfordshire)|4.8 km away
- Luton|5.8 km away
- Luton Airport Parkway|7.4 km away
