LU3 3LT is a residential postcode situated on Axe Close, Luton, LU3 with 66 addresses.
It ranks as the 785th largest and 252nd 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 66 properties: 42 houses and 24 flats.
LU3 3LT is a residential postcode situated on Axe Close, Luton, LU3 with 66 addresses.
It ranks as the 785th largest and 252nd 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 66 properties: 42 houses and 24 flats.
Sale prices range from £121,392 for 1 bedroom leasehold flats (439 ft2) to £408,371 for 5 bedroom freehold houses with a garden (1,840 ft2) .
Monthly rental prices range from £811 pcm for 1 bed flats to £2,912 pcm for 5 bed houses.
The gross rental yield is between 5.8% and 8.6%.
The average value per square foot is £297.
The last sale in LU3 3LT sold for £295,000 on 2nd May 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £243,555.
The LU3 3LT Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £243,555 |
| April 2025 | 1.6% | £240,537 |
| April 2024 | -1.6% | £236,685 |
| April 2023 | 1.2% | £240,430 |
| April 2022 | 11.6% | £237,643 |
| April 2021 | 5.4% | £212,938 |
| April 2020 | -1.1% | £202,009 |
| April 2019 | -2.5% | £204,194 |
| April 2018 | 0.5% | £209,474 |
| April 2017 | 9.5% | £208,488 |
| April 2016 | 19.1% | £190,362 |
| April 2015 | 11.9% | £159,894 |
| April 2014 | 7.8% | £142,917 |
| April 2013 | 2.9% | £132,524 |
| April 2012 | -0.7% | £128,830 |
| April 2011 | -1.2% | £129,731 |
| April 2010 | 4.5% | £131,373 |
| April 2009 | -14.4% | £125,775 |
| April 2008 | -0.2% | £146,997 |
| April 2007 | 0% | £147,331 |
The current average rental value in the postcode is £1,359.
The LU3 3LT Rental Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,359pcm |
| April 2025 | 1.6% | £1,329pcm |
| April 2024 | 13% | £1,307pcm |
| April 2023 | 11.2% | £1,157pcm |
| April 2022 | 6% | £1,041pcm |
| April 2021 | 5.4% | £982pcm |
| April 2020 | 0.3% | £932pcm |
| April 2019 | -2.1% | £930pcm |
| April 2018 | -1.4% | £950pcm |
| April 2017 | 5.5% | £964pcm |
| April 2016 | 9.9% | £913pcm |
| April 2015 | 7.9% | £831pcm |
| April 2014 | 3.1% | £770pcm |
| April 2013 | 2% | £747pcm |
| April 2012 | 2.7% | £732pcm |
| April 2011 | 3% | £713pcm |
| April 2010 | 2.2% | £693pcm |
| April 2009 | -6.5% | £678pcm |
| April 2008 | 2.1% | £725pcm |
| April 2007 | 0% | £710pcm |
The last sale was on 2nd May 2025 for £295,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 35 sales since 1995.
LU3 3LT has seen 3 sales in the last three years and no sales in the last twelve months.
LU3 3LT is the 785th largest and the 252nd most expensive postcode out of the 799 postcodes in the LU3 area.
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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 3LT, 42.3% of property is socially rented and 26.9% 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 3LT, 30.9% of residents are recorded as possessing school level qualifications and 29.3% 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 3LT, the average age was 34 and the most common age was 12.
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 3LT, 0.7% 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 3LT, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.