Sherd Close - LU3 3LY
Key Postcode Insights
LU3 3LY is a residential postcode situated on Sherd Close, Luton, LU3 with 45 addresses.
It ranks as the 644th largest and 187th 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 45 properties: 24 houses and 21 flats.
- Ave. Sale Price
- £218,749
- 10 Year change
- up 26.2%
- Ave. Rental Price
- £1,228pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
LU3 3LY is a residential postcode situated on Sherd Close, Luton, LU3 with 45 addresses.
It ranks as the 644th largest and 187th 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 45 properties: 24 houses and 21 flats.
- Ave. Sale Price
- £218,749
- 10 Year change
- up 26.2%
- Ave. Rental Price
- £1,228pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin LU3 3LY
- 1 Sherd Close
4 Bed Mid-century House
- 2 Sherd Close
House
- 3 Sherd Close
4 Bed Mid-century House
- 4 Sherd Close
House
- 5 Sherd Close
4 Bed Mid-century House
Sales Market Trends
The last sale in LU3 3LY sold for £310,000 on 24th July 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £218,749.
The LU3 3LY Sales Market has increased by 26.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £218,749 |
| June 2025 | 2% | £219,384 |
| June 2024 | -0.7% | £215,109 |
| June 2023 | -1.2% | £216,527 |
| June 2022 | 13.6% | £219,145 |
| June 2021 | 6.3% | £192,829 |
| June 2020 | 0% | £181,384 |
| June 2019 | -3% | £181,408 |
| June 2018 | 0.4% | £187,112 |
| June 2017 | 7.6% | £186,457 |
| June 2016 | 19.5% | £173,308 |
| June 2015 | 13.4% | £145,087 |
| June 2014 | 9.6% | £127,989 |
| June 2013 | 3% | £116,754 |
| June 2012 | -0.1% | £113,380 |
| June 2011 | -2.2% | £113,467 |
| June 2010 | 6.1% | £115,971 |
| June 2009 | -12.2% | £109,353 |
| June 2008 | -4.6% | £124,543 |
| June 2007 | 0% | £130,533 |
Rental Market Trends
The current average rental value in the postcode is £1,228.
The LU3 3LY Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,228pcm |
| June 2025 | 1.9% | £1,191pcm |
| June 2024 | 10.3% | £1,168pcm |
| June 2023 | 13.3% | £1,059pcm |
| June 2022 | 7.6% | £935pcm |
| June 2021 | 6.3% | £868pcm |
| June 2020 | 0.7% | £817pcm |
| June 2019 | -1.9% | £811pcm |
| June 2018 | -1.7% | £827pcm |
| June 2017 | 4.5% | £841pcm |
| June 2016 | 10.8% | £805pcm |
| June 2015 | 8.6% | £727pcm |
| June 2014 | 4.4% | £669pcm |
| June 2013 | 0.8% | £641pcm |
| June 2012 | 3.8% | £636pcm |
| June 2011 | 2.8% | £613pcm |
| June 2010 | 3.1% | £596pcm |
| June 2009 | -5.9% | £579pcm |
| June 2008 | 1.1% | £615pcm |
| June 2007 | 0% | £608pcm |
Sales History
The last sale was on 24th July 2025 for £310,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 29 sales since 1995.
LU3 3LY has seen 7 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£310,000 | 4 Bed House8, Sherd Close, Luton, LU3 3LY8, Sherd Close, Luton, LU3 3LY
- Sold Jul 2025£290,000 | 3 Bed House14, Sherd Close, Luton, LU3 3LY14, Sherd Close, Luton, LU3 3LY
- Sold Mar 2025£315,000 | 4 Bed House1, Sherd Close, Luton, LU3 3LY1, Sherd Close, Luton, LU3 3LY
- Sold Mar 2024£300,000 | 4 Bed House6, Sherd Close, Luton, LU3 3LY6, Sherd Close, Luton, LU3 3LY
- Sold Feb 2024£240,000 | 4 Bed House7, Sherd Close, Luton, LU3 3LY7, Sherd Close, Luton, LU3 3LY
Nearby Postcodes
LU3 3LY is the 644th largest and the 187th most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3FQ, Sherd Close, Luton, LU3LU3 3FQ50 Addresses|74 m away
- LU3 3SX, Pottery Close, Luton, LU3LU3 3SX32 Addresses|77 m away
- LU3 3LX, Flint Close, Luton, LU3LU3 3LX60 Addresses|114 m away
- LU3 3SY, Pottery Close, Luton, LU3LU3 3SY50 Addresses|116 m away
- LU3 3SU, Burnt Close, Luton, LU3LU3 3SU44 Addresses|172 m away
Property Types
- 9 modern flats built after 1980
- 11 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 12 other addresses of unknown type
- modern flat (9)
- mid-century house (11)
- mid-century flat (12)
- early-century house (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (0)
- C (15)
- G (0)
- D (5)
- No EPC (21)
Top 3 Most Expensive Sales
Schools Nearby
- Waulud Primary School300 m away
- The Meads Primary School600 m away
- Whitefield Primary Academy900 m away
- Lea Manor High School600 m away
- Lealands High School1.3 km away
- Icknield High School1.8 km away
More reading links
Public Transport Nearby
The closest station to LU3 3LY is Leagrave station, which is 1.2 kilometres away.
- Leagrave|1.2 km away
- Luton|4.4 km away
- Luton Airport Parkway|6.0 km away
- Harlington (Bedfordshire)|6.1 km away
