Penhill - LU3 3LN
Key Postcode Insights
LU3 3LN is a residential postcode situated on Penhill, Luton, LU3 with 56 addresses.
It ranks as the 743rd largest and 63rd most expensive of the 800 postcodes in the LU3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 56 properties: 56 flats.
- Ave. Sale Price
- £158,346
- 10 Year change
- up 13.8%
- Ave. Rental Price
- £977pcm
- 10 Year change
- up 37.0%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
LU3 3LN is a residential postcode situated on Penhill, Luton, LU3 with 56 addresses.
It ranks as the 743rd largest and 63rd most expensive of the 800 postcodes in the LU3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 56 properties: 56 flats.
- Ave. Sale Price
- £158,346
- 10 Year change
- up 13.8%
- Ave. Rental Price
- £977pcm
- 10 Year change
- up 37.0%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin LU3 3LN
- 81 Penhill
2 Bed Mid-century Flat
- 82 Penhill
2 Bed Mid-century Flat
- 83 Penhill
2 Bed Mid-century Flat
- 84 Penhill
2 Bed Mid-century Flat
- 85 Penhill
2 Bed Mid-century Flat
Sales Market Trends
The current average value in the postcode is £158,346.
The LU3 3LN Sales Market has increased by 13.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £158,346 |
| June 2025 | 0.5% | £160,560 |
| June 2024 | 0.3% | £159,700 |
| June 2023 | -1.9% | £159,218 |
| June 2022 | 9.6% | £162,359 |
| June 2021 | 4.4% | £148,168 |
| June 2020 | -0.3% | £141,868 |
| June 2019 | -3.1% | £142,298 |
| June 2018 | -0.7% | £146,890 |
| June 2017 | 6.3% | £147,973 |
| June 2016 | 18.6% | £139,154 |
| June 2015 | 13% | £117,302 |
| June 2014 | 8.7% | £103,827 |
| June 2013 | 1.8% | £95,493 |
| June 2012 | -1.5% | £93,761 |
| June 2011 | -1.5% | £95,168 |
| June 2010 | 4.7% | £96,598 |
| June 2009 | -13.7% | £92,221 |
| June 2008 | -5.3% | £106,892 |
| June 2007 | 0% | £112,820 |
Rental Market Trends
The current average rental value in the postcode is £977.
The LU3 3LN Rental Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £977pcm |
| June 2025 | 0.7% | £958pcm |
| June 2024 | 11.4% | £951pcm |
| June 2023 | 11.9% | £854pcm |
| June 2022 | 4.2% | £763pcm |
| June 2021 | 4.2% | £732pcm |
| June 2020 | 0.3% | £703pcm |
| June 2019 | -2% | £700pcm |
| June 2018 | -2.8% | £714pcm |
| June 2017 | 3.1% | £735pcm |
| June 2016 | 10% | £713pcm |
| June 2015 | 7.9% | £648pcm |
| June 2014 | 3.3% | £600pcm |
| June 2013 | 0.1% | £581pcm |
| June 2012 | 2.1% | £581pcm |
| June 2011 | 3% | £568pcm |
| June 2010 | 1.3% | £552pcm |
| June 2009 | -6.6% | £544pcm |
| June 2008 | 0.1% | £583pcm |
| June 2007 | 0% | £582pcm |
Nearby Postcodes
LU3 3LN is the 743rd largest and the 63rd most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3LL, Penhill, Luton, LU3LU3 3LL61 Addresses|0 m away
- LU3 3LF, Honiton Mews, Luton, LU3LU3 3LF13 Addresses|56 m away
- LU3 3LP, Leabank, Luton, LU3LU3 3LP56 Addresses|81 m away
- LU3 3LW, Wauluds Bank Drive, Luton, LU3LU3 3LW59 Addresses|81 m away
- LU3 3JR, Wauluds Bank Drive, Luton, LU3LU3 3JR4 Addresses|87 m away
Property Types
- 56 mid-century flats built between 1936 and 1979
- mid-century flat (56)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 56 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (48)
- G (0)
- D (8)
- No EPC (0)
Schools Nearby
- Waulud Primary School200 m away
- Parklea Primary School700 m away
- Whitefield Primary Academy800 m away
- Lea Manor High School900 m away
- Lealands High School1.0 km away
- Challney High School for Girls1.8 km away
More reading links
Public Transport Nearby
The closest station to LU3 3LN is Leagrave station, which is 900 metres away.
- Leagrave|900 m away
- Luton|4.6 km away
- Harlington (Bedfordshire)|6.0 km away
- Luton Airport Parkway|6.2 km away
