Key Street Insights
Watermead Road is a residential street with 101 addresses.
It ranks as the 398th largest of the 459 streets in the LU3 area.
The street contains a total of 101 properties: 50 houses and 51 other properties.
- Ave. Sale Price
- £353,239
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,746pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Street Insights
Watermead Road is a residential street with 101 addresses.
It ranks as the 398th largest of the 459 streets in the LU3 area.
The street contains a total of 101 properties: 50 houses and 51 other properties.
- Ave. Sale Price
- £353,239
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,746pcm
- 10 Year change
- up 54.6%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties on Watermead Road, Luton, LU3
- 2 Watermead Road
4 Bed Mid-century House
- 4 Watermead Road
House
- 5 Watermead Road
House
- 6 Watermead Road
House
- 7 Watermead Road
House
Sales Market Trends
The last sale on Watermead Road sold for £235,000 on 16th March 2026. Since then prices are down an average of 1.7%.
The current average value in the street is £353,239.
The Watermead Road Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.4% | £353,239 |
| July 2025 | 2% | £358,282 |
| July 2024 | -0.2% | £351,221 |
| July 2023 | -1.8% | £351,899 |
| July 2022 | 13.5% | £358,381 |
| July 2021 | 8% | £315,878 |
| July 2020 | 0.7% | £292,424 |
| July 2019 | -2.4% | £290,512 |
| July 2018 | 1.1% | £297,619 |
| July 2017 | 5.7% | £294,371 |
| July 2016 | 17.8% | £278,467 |
| July 2015 | 13.1% | £236,331 |
| July 2014 | 9.3% | £208,936 |
| July 2013 | 4.2% | £191,101 |
| July 2012 | 0.5% | £183,467 |
| July 2011 | -2.3% | £182,552 |
| July 2010 | 9% | £186,765 |
| July 2009 | -9.1% | £171,312 |
| July 2008 | -6% | £188,411 |
| July 2007 | 0% | £200,394 |
Rental Market Trends
The current average rental value in the street is £1,746.
The Watermead Road Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.4% | £1,746pcm |
| July 2025 | 2% | £1,706pcm |
| July 2024 | 8.8% | £1,672pcm |
| July 2023 | 14.4% | £1,537pcm |
| July 2022 | 8% | £1,344pcm |
| July 2021 | 7.7% | £1,245pcm |
| July 2020 | 1.1% | £1,155pcm |
| July 2019 | -0.8% | £1,143pcm |
| July 2018 | -1% | £1,152pcm |
| July 2017 | 3% | £1,164pcm |
| July 2016 | 9% | £1,130pcm |
| July 2015 | 8.7% | £1,037pcm |
| July 2014 | 4.2% | £954pcm |
| July 2013 | 1.3% | £915pcm |
| July 2012 | 4.4% | £903pcm |
| July 2011 | 2.8% | £865pcm |
| July 2010 | 6.9% | £841pcm |
| July 2009 | -3.9% | £787pcm |
| July 2008 | 0.5% | £820pcm |
| July 2007 | 0% | £816pcm |
Sales History
The last recorded sale was on 16th March 2026 for £235,000 and since then the market in the area has decreased by 1.7%.
Watermead Road, Luton, LU3 has had 3 sales since 1995, 3 of them in the last twelve months.
- Sold Mar 2026£235,000 | 3 Bed House21, Watermead Road, Luton, LU3 2TB21, Watermead Road, Luton, LU3 2TB
- Sold Dec 2025£370,000 | 3 Bed House70, Watermead Road, Luton, LU3 2TD70, Watermead Road, Luton, LU3 2TD
- Sold Nov 2025£365,000 | 3 Bed House69, Watermead Road, Luton, LU3 2TE69, Watermead Road, Luton, LU3 2TE
Top 3 Most Expensive Sales
- Sold Jun 2021£445,000 | 4 Bed House2, Watermead Road, Luton, LU3 2TD2, Watermead Road, Luton, LU3 2TD
- Sold Jul 2018£395,000 | 4 Bed House17, Watermead Road, Luton, LU3 2TB17, Watermead Road, Luton, LU3 2TB
- Sold Dec 2022£390,000 | 5 Bed House99, Watermead Road, Luton, LU3 2TF99, Watermead Road, Luton, LU3 2TF
Nearby Streets
Watermead Road, Luton, LU3 is the 398th largest and the 307th most expensive street in the LU3 area.
- Leathwaite Close, Luton, LU330 Addresses|53 m away
- Monton Close, Luton, LU322 Addresses|105 m away
- Calverton Road, Luton, LU375 Addresses|153 m away
- Holmscroft Road, Luton, LU350 Addresses|167 m away
- Bosmore Road, Luton, LU386 Addresses|232 m away
- Lamorna Close, Luton, LU315 Addresses|241 m away
Sections of this street
There are 4 postcodes on Watermead Road, Luton, LU3.
- House prices in LU3 2TB28 Addresses
- House prices in LU3 2TE8 Addresses
- House prices in LU3 2TF30 Addresses
- House prices in LU3 2TD35 Addresses
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 49 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (2)
- C (19)
- G (0)
- D (23)
- No EPC (52)
Schools Nearby
- The Meads Primary School200 m away
- Waulud Primary School600 m away
- Icknield Primary School1.0 km away
- Lea Manor High School1.0 km away
- Icknield High School1.4 km away
- Lealands High School1.7 km away
More reading links
Public Transport Nearby
The closest station to Watermead Road, Luton, LU3 is Leagrave station, which is 1.0 kilometres away.
- Leagrave|1.0 km away
- Luton|4.0 km away
- Luton Airport Parkway|5.6 km away