Housing Market Analysis for GEORGE STREET WEST, LU1 2BJ

Are you looking to understand LU1 2BJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Luton postcode.

For the location information and nearby amenities in the LU1 2BJ area, explore the LU1 2BJ Area information page.
For comprehensive crime statistics in the LU1 2BJ area, explore the LU1 2BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU1 2BJ postcode area, The average prices are as follows,

  • Other
    • The average price is around £426,500 median price is £268,000 Standard Deviation is £243,927 with Total Sold: 5
    • The Last 5 Year average price is £711,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 GEORGE STREET WEST: £597,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is 1 GEORGE STREET WEST: £268,000 (Sold on 26 Sep 2016)
  • Semi-Detached
    • The average price is around £111,500 median price is £98,750 Standard Deviation is £29,868 with Total Sold: 3
    • The most recent sale happened at this postcode is 17 GEORGE STREET WEST: £152,750 (Sold on 29 Sep 2005)
    • The first recorded sale happened at this postcode is 13 GEORGE STREET WEST: £98,750 (Sold on 27 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 2BJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£597,0001
2019£825,0001
2018£210,000 £1,355 1
2016£250,2502
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£152,7501
2001£83,0001
1999£98,7501

All the Sales in the GEORGE STREET WEST, LU1 2BJ

See the table below for more details on the sold house prices in the LU1 2BJ, Luton postcode.

AddressSold DatePrice% Change
1 GEORGE STREET WESTOther, Freehold21 Apr 2023£597,000122.76%
26 Sep 2016£268,000First Sale
4 GEORGE STREET WESTOther, Freehold10 Dec 2019£825,000First Sale
19 GEORGE STREET WESTOther, FreeholdArea: 155 Sq.mtrAge: 1900-192921 Jun 2018£210,000First Sale
10 GEORGE STREET WESTOther, Freehold19 Dec 2016£232,500First Sale
17 GEORGE STREET WESTSemi-Detached, Freehold29 Sep 2005£152,750First Sale
7 - 9 GEORGE STREET WESTSemi-Detached, Freehold30 Oct 2001£83,000First Sale
13 GEORGE STREET WESTSemi-Detached, Freehold27 Aug 1999£98,750First Sale

Check out the sold house prices near the LU1 2BJ postcode. Properties currently for saleProperties currently for rent

GEORGE STREET WEST, LU1 2BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU1 2BJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LU1 2BJ postcode.

  • Terraced
    • The average price is around £118,102 median price is £113,000 Standard Deviation is £73,235 with Total Sold: 1,806
    • The Last 5 Year average price is £227,953 with Total Sold: 200
    • The most recent sale happened at this postcode is , 53 ROTHESAY ROAD: £300,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 32 STANLEY STREET: £40,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £105,063 median price is £95,000 Standard Deviation is £52,560 with Total Sold: 2,771
    • The Last 5 Year average price is £140,992 with Total Sold: 369
    • The most recent sale happened at this postcode is FLAT 1, AUCTION HOUSE COURTYARD, 25 JOHN STREET: £120,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is 4, HOUGHTON MEWS WINDSOR STREET: £23,000 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £671,143 median price is £75,000 Standard Deviation is £2,305,522 with Total Sold: 615
    • The Last 5 Year average price is £1,291,790 with Total Sold: 168
    • The most recent sale happened at this postcode is , 42 HASTINGS STREET: £485,000 (Sold on 11 Jun 2024)
    • The first recorded sale happened at this postcode is , 94 INKERMAN STREET: £534,000 (Sold on 01 Nov 2013)
  • Semi-Detached
    • The average price is around £142,445 median price is £118,250 Standard Deviation is £105,330 with Total Sold: 254
    • The Last 5 Year average price is £255,965 with Total Sold: 17
    • The most recent sale happened at this postcode is , 53 CARDIGAN STREET: £240,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , 51 CARDIGAN STREET: £30,000 (Sold on 28 Apr 1995)
  • Detached
    • The average price is around £253,115 median price is £246,000 Standard Deviation is £146,658 with Total Sold: 65
    • The Last 5 Year average price is £413,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , 11 RAVEN MEWS: £390,000 (Sold on 27 Apr 2023)
    • The first recorded sale happened at this postcode is , 47 - 49 PARK STREET: £144,000 (Sold on 16 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,562 £2,992 8
2023£246,111 £3,192 36
2022£253,186 £3,313 37
2021£226,065 £3,028 52
2020£216,236 £2,843 23
2019£199,216 £2,702 44
2018£197,974 £3,032 43
2017£223,341 £3,051 52
2016£189,571 £2,924 55
2015£161,609 £2,248 42
2014£139,047 £2,069 57
2013£126,334 £1,885 32
2012£131,596 £1,795 26
2011£144,118 £1,887 27
2010£120,111 £1,692 27
2009£140,281 £1,636 16
2008£148,156 £2,334 40
2007£152,084 £1,980 76
2006£141,435 £1,961 103
2005£125,486 £1,905 72
2004£134,971 £1,748 88
2003£111,089 £1,645 97
2002£85,595 £1,270 125
2001£67,656 £952 97
2000£62,300 £912 105
1999£49,924 £708 109
1998£44,998 £632 93
1997£40,424 £560 87
1996£36,300 £529 83
1995£35,048 £532 54
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,622 £2,920 30
2023£133,351 £3,175 46
2022£149,592 £3,017 77
2021£137,259 £2,882 51
2020£134,537 £3,018 56
2019£148,811 £3,169 109
2018£137,442 £4,181 371
2017£110,482 £3,572 349
2016£115,023 £2,719 108
2015£106,007 £2,272 132
2014£83,401 £1,843 56
2013£74,101 £1,725 34
2012£84,284 £1,862 35
2011£76,198 £1,704 24
2010£95,750 £2,147 40
2009£89,593 £2,026 24
2008£103,578 £2,626 61
2007£141,858 £2,950 286
2006£104,820 £2,425 109
2005£93,964 £2,150 73
2004£100,750 £2,265 87
2003£83,683 £1,723 113
2002£61,138 £1,479 113
2001£59,674 £1,373 101
2000£41,436 £920 64
1999£35,890 £768 63
1998£28,928 £584 42
1997£25,093 £569 40
1996£24,078 £572 41
1995£20,526 £544 36
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£541,15010
2023£818,511 £82,948 33
2022£981,463 £3,833 31
2021£691,870 £4,989 36
2020£725,506 £5,931 24
2019£3,289,809 £2,226 34
2018£602,299 £13,439 104
2017£272,934 £6,351 113
2016£321,263 £1,389 175
2015£882,878 £2,393 35
2014£694,752 £1,947 17
2013£1,106,3333
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£323,700 £3,441 2
2022£230,500 £3,892 2
2021£249,375 £2,705 4
2020£238,100 £2,929 5
2019£263,750 £2,584 4
2018£231,667 £2,486 3
2017£327,455 £3,010 11
2014£72,500 £1,038 2
2013£100,000 £1,486 2
2011£164,500 £2,001 4
2010£149,100 £1,766 5
2009£175,0001
2008£201,643 £1,722 7
2007£161,497 £2,497 21
2006£165,011 £1,892 19
2005£142,880 £1,722 23
2004£171,437 £2,117 24
2003£147,826 £1,717 23
2002£100,305 £1,646 18
2001£93,400 £979 19
2000£80,642 £934 14
1999£52,464 £541 19
1998£61,111 £657 9
1997£31,000 £881 4
1996£52,624 £1,121 4
1995£55,990 £962 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£329,500 £3,380 2
2020£270,0001
2019£516,667 £2,243 3
2017£260,0001
2016£110,000 £3,929 1
2014£155,000 £2,719 1
2012£367,5001
2010£280,0001
2009£400,0001
2008£321,2502
2007£257,125 £1,231 4
2006£262,5005
2005£288,000 £1,081 6
2004£282,778 £4,214 9
2003£331,812 £1,533 8
2002£152,083 £1,402 6
2001£130,0002
2000£135,0001
1999£106,167 £623 3
1998£66,000 £604 2
1997£182,5002
1996£180,0001
1995£93,5002

House Type in LU1 2BJ area

The most common house types in the LU1 2BJ postcode area are Flat (150), converted building (18), and commercial building (15).

Total206
Flat150
converted building18
commercial building15
Detached11
Shared house8
temporary structure4
Semi-detached0
Terraced0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (93), and Private rented: Private landlord or letting agency (72).

Social rented: Rents from council or Local Authority93
Private rented: Private landlord or letting agency72
Social rented: Other social rented35
Owned: Owns with a mortgage or loan3
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Owned: Owns outright0
Lives rent free0

Number of People in a Household

The most houses in the LU1 2BJ have 1 person in household (75), and 2 people in household (48).

1 person in household75
2 people in household48
3 people in household37
4 people in household33
5 people in household11
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0