Analysis of recent property sales -- official HM Land Registry data
The average house price in LU3 (LU3 1AB) is £286,756, based on 47 transactions recorded by HM Land Registry. The median price is £225,000, giving a price range from £63,000 to £3,120,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-16 | £400,000 | S | 80.0 m² |
| 2026-01-16 | £255,000 | T | 69.0 m² |
| 2026-01-12 | £295,000 | T | 83.0 m² |
| 2026-01-09 | £304,000 | S | 100.0 m² |
| 2026-01-09 | £215,000 | T | 64.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: LU3
Activity in LU3 over the last twelve months ran to 47 residential sales, giving a workable sample size for median-level analysis. Individual sales ranged from £63k to £3.12m, which is a normal spread for a postcode of this size.
Terraced houses were the most common transaction type, representing 47% of sales, while flats accounted for 36%.
The LU3 1AB dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 6.4%, based on ONS regional rents.