3.3% Below average
Rental Yield in LU3 — LUTON
Rent data based on Luton UA local authority median. Our methodology
Below average ↑ above East of England average (3.3%)
· ↓ below England average (3.6%)
£305,000
Median Price
£850
Monthly Rent
3.3%
Gross Yield
1,663
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £430,000 | 251 |
| Semi-detached | £330,000 | 715 |
| Terraced | £266,750 | 440 |
| Flat | £160,000 | 207 |
| Other | £410,000 | 50 |
Compare Nearby Postcodes
Compare LU3 side by side →LU3 is part of Luton UA. View all postcode districts in Luton UA.
Frequently Asked Questions
What is the rental yield in LU3?
LU3 has a gross rental yield of 3.3%. The median property price is £305,000 with typical monthly rents of £850, based on Land Registry and VOA data.
Is LU3 a good area for buy-to-let?
LU3 yields 3.3%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in Luton UA for alternatives.
What is the median property price in LU3?
The median property price in LU3 is £305,000, based on 1,663 Land Registry transactions over 3 years. This compares to £305,000 across Luton UA as a whole.
Data updated quarterly · Last update: Q1 2026