LU3 4AZ is a residential postcode located on Mees Close, Luton, LU3. It is the 506th largest postcode in the LU3 area.
It contains 34 houses and the most common type of property is a modern house built after 1980.
The average house value is £324,783. Sales values have decreased in the last 12 months by 0.4% and Rental values have increased by 4.6%.
Property sale values range from £233,566 for a freehold house, with 2 bedrooms split across 420 square feet of gross internal area and has a garden to £451,916 for a freehold house, with 4 bedrooms split across 1,302 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LU3 4AZ is £437/ft2.
Properties achieve a rental yield of between 4.8% and 5.2%, and rental values range from £1,011 to £1,789 per month.
The last sale was 02 Feb 2024 for £345,000 and since then the market in the area as increased by -0.2%. The postcode has had a total of 4 sales since 1995.
LU3 4AZ has seen 4 sales in the last three years and 3 sales in the last twelve months.
LU3 4AZ is the 506th largest and the 505th most expensive postcode out of the 819 postcodes in the LU3 area.
LU3 4AZ is a residential postcode located on Mees Close, Luton, LU3 with 34 houses within its bounds.
The most common property type in LU3 4AZ is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to LU3 4AZ is Leagrave station which is 2.3 km away.
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 4AZ, 43.6% of property is privately owned outright and 41.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 4AZ, 21.1% of residents are recorded as possessing school level qualifications and 40.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around LU3 4AZ, the average age was 43.4 and the most common age was 52.
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 4AZ, 0.3% 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 4AZ, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.