Redwood Drive - LU3 3HY
Key Street Insights
Redwood Drive is a residential street with 20 addresses.
It ranks as the 143rd largest of the 459 streets in the LU3 area.
The street contains a total of 20 properties: 8 houses and 12 other properties.
- Ave. Sale Price
- £340,706
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,694pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Street Insights
Redwood Drive is a residential street with 20 addresses.
It ranks as the 143rd largest of the 459 streets in the LU3 area.
The street contains a total of 20 properties: 8 houses and 12 other properties.
- Ave. Sale Price
- £340,706
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,694pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties on Redwood Drive, Luton, LU3
- 1 Redwood Drive
2 Bed Mid-century House
- 2 Redwood Drive
House
- 3 Redwood Drive
House
- 4 Redwood Drive
3 Bed Mid-century House
- 5 Redwood Drive
2 Bed Mid-century House
Sales Market Trends
The last sale on Redwood Drive sold for £300,000 on 16th August 2024. Since then prices are up an average of 0.6%.
The current average value in the street is £340,706.
The Redwood Drive Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.2% | £340,706 |
| July 2025 | 2% | £344,693 |
| July 2024 | -0.7% | £337,960 |
| July 2023 | -0.8% | £340,414 |
| July 2022 | 12.7% | £343,063 |
| July 2021 | 8.1% | £304,479 |
| July 2020 | 1.1% | £281,701 |
| July 2019 | -2.4% | £278,555 |
| July 2018 | 1.3% | £285,443 |
| July 2017 | 6.6% | £281,654 |
| July 2016 | 17.7% | £264,164 |
| July 2015 | 14% | £224,462 |
| July 2014 | 10.6% | £196,893 |
| July 2013 | 2.9% | £178,102 |
| July 2012 | 0.9% | £173,163 |
| July 2011 | -1.4% | £171,619 |
| July 2010 | 9.5% | £174,050 |
| July 2009 | -11.3% | £158,953 |
| July 2008 | -5.1% | £179,232 |
| July 2007 | 0% | £188,883 |
Rental Market Trends
The current average rental value in the street is £1,694.
The Redwood Drive Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.4% | £1,694pcm |
| July 2025 | 2.7% | £1,654pcm |
| July 2024 | 8.4% | £1,611pcm |
| July 2023 | 13.9% | £1,487pcm |
| July 2022 | 8.6% | £1,305pcm |
| July 2021 | 7.1% | £1,202pcm |
| July 2020 | 1.4% | £1,123pcm |
| July 2019 | -0.8% | £1,107pcm |
| July 2018 | -1% | £1,117pcm |
| July 2017 | 3.3% | £1,128pcm |
| July 2016 | 9.3% | £1,091pcm |
| July 2015 | 8.7% | £999pcm |
| July 2014 | 4.4% | £918pcm |
| July 2013 | 1.5% | £879pcm |
| July 2012 | 4.2% | £867pcm |
| July 2011 | 2.3% | £832pcm |
| July 2010 | 6.4% | £813pcm |
| July 2009 | -4.4% | £764pcm |
| July 2008 | 0.7% | £799pcm |
| July 2007 | 0% | £793pcm |
Sales History
The last recorded sale was on 16th August 2024 for £300,000 and since then the market in the area has increased by 0.6%.
Redwood Drive, Luton, LU3 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2024£300,000 | 2 Bed House12, Redwood Drive, Luton, LU3 3HY12, Redwood Drive, Luton, LU3 3HY
- Sold Jun 2022£310,000 | 4 Bed House14, Redwood Drive, Luton, LU3 3HY14, Redwood Drive, Luton, LU3 3HY
- Sold Mar 2022£268,000 | 2 Bed House6, Redwood Drive, Luton, LU3 3HY6, Redwood Drive, Luton, LU3 3HY
Top 3 Most Expensive Sales
- Sold Jun 2022£310,000 | 4 Bed House14, Redwood Drive, Luton, LU3 3HY14, Redwood Drive, Luton, LU3 3HY
- Sold Jan 2019£303,000 | 4 Bed House10, Redwood Drive, Luton, LU3 3HY10, Redwood Drive, Luton, LU3 3HY
- Sold Aug 2024£300,000 | 2 Bed House12, Redwood Drive, Luton, LU3 3HY12, Redwood Drive, Luton, LU3 3HY
Nearby Streets
Redwood Drive, Luton, LU3 is the 143rd largest and the 320th most expensive street in the LU3 area.
- Ashwell Avenue, Luton, LU328 Addresses|89 m away
- Ashwell Parade, Luton, LU32 Addresses|97 m away
- Green Gates, Luton, LU36 Addresses|104 m away
- Oakwood Drive, Luton, LU318 Addresses|152 m away
- Grampian Way, Luton, LU3199 Addresses|166 m away
- Rockfield Drive, Luton, LU314 Addresses|172 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (12)
Schools Nearby
- Parklea Primary School500 m away
- Whitefield Primary Academy700 m away
- Waulud Primary School1.2 km away
- Lealands High School100 m away
- Lea Manor High School1.3 km away
- Houstone School2.2 km away
More reading links
Public Transport Nearby
The closest station to Redwood Drive, Luton, LU3 - LU3 3HY is Leagrave station, which is 1.8 kilometres away.
- Leagrave|1.8 km away
- Harlington (Bedfordshire)|5.0 km away
- Luton|5.7 km away
