Turnpike Drive - LU3 3RE
Key Postcode Insights
LU3 3RE is a residential postcode situated on Turnpike Drive, Luton, LU3 with 50 addresses.
It ranks as the 698th largest and 622nd 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 50 properties: 50 houses.
- Ave. Sale Price
- £393,564
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,718pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £426/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
LU3 3RE is a residential postcode situated on Turnpike Drive, Luton, LU3 with 50 addresses.
It ranks as the 698th largest and 622nd 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 50 properties: 50 houses.
- Ave. Sale Price
- £393,564
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,718pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £426/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin LU3 3RE
- 303 Turnpike Drive
4 Bed Mid-century House
- 305 Turnpike Drive
House
- 307 Turnpike Drive
House
- 309 Turnpike Drive
4 Bed Mid-century House
- 311 Turnpike Drive
4 Bed Mid-century House
Sales Market Trends
The last sale in LU3 3RE sold for £375,000 on 28th March 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £393,564.
The LU3 3RE Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £393,564 |
| June 2025 | 2.4% | £397,135 |
| June 2024 | -0.4% | £387,999 |
| June 2023 | -1.4% | £389,716 |
| June 2022 | 13.9% | £395,195 |
| June 2021 | 7.6% | £346,819 |
| June 2020 | 0.1% | £322,422 |
| June 2019 | -2.3% | £322,154 |
| June 2018 | 1.1% | £329,700 |
| June 2017 | 6.9% | £326,261 |
| June 2016 | 18.3% | £305,296 |
| June 2015 | 12.9% | £258,007 |
| June 2014 | 9.3% | £228,617 |
| June 2013 | 3.6% | £209,069 |
| June 2012 | 0.5% | £201,823 |
| June 2011 | -2% | £200,743 |
| June 2010 | 9.5% | £204,752 |
| June 2009 | -11.3% | £186,992 |
| June 2008 | -4.1% | £210,790 |
| June 2007 | 0% | £219,917 |
Rental Market Trends
The current average rental value in the postcode is £1,718.
The LU3 3RE Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,718pcm |
| June 2025 | 2.3% | £1,677pcm |
| June 2024 | 10.4% | £1,640pcm |
| June 2023 | 13.4% | £1,486pcm |
| June 2022 | 8% | £1,310pcm |
| June 2021 | 7.5% | £1,213pcm |
| June 2020 | 0.8% | £1,128pcm |
| June 2019 | -1% | £1,119pcm |
| June 2018 | -1.1% | £1,130pcm |
| June 2017 | 3.9% | £1,143pcm |
| June 2016 | 9.5% | £1,100pcm |
| June 2015 | 8.2% | £1,005pcm |
| June 2014 | 4.3% | £929pcm |
| June 2013 | 1.4% | £891pcm |
| June 2012 | 4.3% | £879pcm |
| June 2011 | 3% | £843pcm |
| June 2010 | 6.5% | £818pcm |
| June 2009 | -5.1% | £768pcm |
| June 2008 | 1.5% | £809pcm |
| June 2007 | 0% | £797pcm |
Sales History
The last sale was on 28th March 2025 for £375,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 57 sales since 1995.
LU3 3RE has seen 8 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£375,000 | 3 Bed House339, Turnpike Drive, Luton, LU3 3RE339, Turnpike Drive, Luton, LU3 3RE
- Sold Dec 2024£357,000 | 3 Bed House365, Turnpike Drive, Luton, LU3 3RE365, Turnpike Drive, Luton, LU3 3RE
- Sold Sep 2024£375,000 | 3 Bed House373, Turnpike Drive, Luton, LU3 3RE373, Turnpike Drive, Luton, LU3 3RE
- Sold Aug 2024£350,000 | 3 Bed House395, Turnpike Drive, Luton, LU3 3RE395, Turnpike Drive, Luton, LU3 3RE
- Sold Jun 2024£335,000 | 3 Bed House351, Turnpike Drive, Luton, LU3 3RE351, Turnpike Drive, Luton, LU3 3RE
Nearby Postcodes
LU3 3RE is the 698th largest and the 622nd most expensive postcode out of the 800 postcodes in the LU3 area.
- LU3 3RQ, Turnpike Drive, Luton, LU3LU3 3RQ37 Addresses|80 m away
- LU3 4EJ, Statham Close, Luton, LU3LU3 4EJ38 Addresses|129 m away
- LU3 3RA, Turnpike Drive, Luton, LU3LU3 3RA59 Addresses|157 m away
- LU3 4EF, Danvers Drive, Luton, LU3LU3 4EF20 Addresses|157 m away
- LU3 4EE, Farrow Close, Luton, LU3LU3 4EE39 Addresses|182 m away
Property Types
- 29 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 19 other addresses of unknown type
- mid-century house (29)
- house (2)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (10)
- G (0)
- D (17)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold Feb 2025£525,000 | 4 Bed House245, Turnpike Drive, Luton, LU3 3RD245, Turnpike Drive, Luton, LU3 3RD
- Sold Sep 2020£512,500 | 5 Bed House101, Turnpike Drive, Luton, LU3 3RB101, Turnpike Drive, Luton, LU3 3RB
- Sold Sep 2022£491,000 | 4 Bed House46, Turnpike Drive, Luton, LU3 3RF46, Turnpike Drive, Luton, LU3 3RF
Schools Nearby
- Bramingham Primary School600 m away
- Warden Hill Infant Academy1.1 km away
- Warden Hill Junior School1.2 km away
- Cardinal Newman Catholic School A Specialist Science College500 m away
- Lea Manor High School1.6 km away
- Icknield High School1.9 km away
More reading links
Public Transport Nearby
The closest station to LU3 3RE is Leagrave station, which is 3.0 kilometres away.
- Leagrave|3.0 km away
- Luton|4.8 km away
- Luton Airport Parkway|6.2 km away
- Harlington (Bedfordshire)|6.2 km away
