Housing Market Analysis for LU1 2BU

Are you looking to understand LU1 2BU 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 2BU area, explore the LU1 2BU Area information page.
For comprehensive crime statistics in the LU1 2BU area, explore the LU1 2BU Crime Rates page.

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU1 2BU 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.

    All the Sales in the LU1 2BU

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

    AddressSold DatePrice% Change

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

    LU1 2BU Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the LU1 2BU 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 2BU postcode.

    • Terraced
      • The average price is around £119,840 median price is £110,000 Standard Deviation is £78,523 with Total Sold: 726
      • The Last 5 Year average price is £236,251 with Total Sold: 72
      • 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 £112,826 median price is £105,000 Standard Deviation is £53,783 with Total Sold: 2,800
      • The Last 5 Year average price is £150,661 with Total Sold: 439
      • 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 , 2 WENLOCK STREET: £29,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £708,903 median price is £75,950 Standard Deviation is £2,368,974 with Total Sold: 607
      • The Last 5 Year average price is £1,467,571 with Total Sold: 163
      • 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 , STATION HOUSE MIDLAND ROAD: £175,000 (Sold on 23 Mar 2013)
    • Semi-Detached
      • The average price is around £145,210 median price is £120,000 Standard Deviation is £115,378 with Total Sold: 179
      • The Last 5 Year average price is £260,033 with Total Sold: 12
      • 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 , 7A DUDLEY STREET: £7,000 (Sold on 25 Apr 1995)
    • Detached
      • The average price is around £245,851 median price is £225,000 Standard Deviation is £158,522 with Total Sold: 67
      • The Last 5 Year average price is £448,750 with Total Sold: 4
      • 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£271,000 £3,191 3
    2023£259,882 £3,605 17
    2022£270,440 £3,395 10
    2021£235,376 £3,279 17
    2020£202,750 £2,837 12
    2019£203,096 £3,185 13
    2018£201,934 £2,748 17
    2017£203,042 £3,215 12
    2016£193,978 £3,342 15
    2015£159,357 £2,171 17
    2014£140,776 £2,283 29
    2013£127,496 £1,808 13
    2012£136,249 £1,872 10
    2011£149,575 £1,755 16
    2010£108,889 £1,796 9
    2009£151,700 £1,525 10
    2008£157,651 £2,424 21
    2007£160,710 £2,106 33
    2006£154,087 £2,104 46
    2005£126,371 £2,160 35
    2004£153,332 £1,947 30
    2003£112,686 £1,802 43
    2002£84,099 £1,323 49
    2001£69,451 £920 32
    2000£63,976 £894 41
    1999£53,107 £748 38
    1998£49,048 £718 46
    1997£44,478 £645 39
    1996£39,470 £680 30
    1995£34,046 £577 23
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£122,126 £2,987 33
    2023£139,958 £3,295 45
    2022£161,107 £3,334 85
    2021£151,720 £2,966 66
    2020£144,532 £3,191 63
    2019£156,454 £3,367 147
    2018£136,909 £4,296 357
    2017£112,719 £3,534 362
    2016£122,969 £2,743 151
    2015£107,581 £2,290 117
    2014£95,421 £1,915 52
    2013£91,121 £1,742 45
    2012£89,026 £1,904 48
    2011£79,588 £1,638 20
    2010£95,193 £1,974 44
    2009£98,779 £1,860 34
    2008£111,513 £2,593 78
    2007£148,127 £2,996 258
    2006£119,503 £2,472 166
    2005£95,784 £2,180 63
    2004£104,243 £2,314 73
    2003£85,254 £1,761 91
    2002£62,685 £1,508 96
    2001£63,463 £1,403 85
    2000£40,615 £940 47
    1999£35,201 £771 54
    1998£31,271 £605 25
    1997£26,833 £585 32
    1996£24,412 £624 32
    1995£21,416 £581 31
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£502,88211
    2023£917,992 £163,827 29
    2022£1,143,138 £5,650 26
    2021£1,168,520 £4,907 40
    2020£721,561 £6,227 27
    2019£3,703,867 £2,226 30
    2018£609,629 £14,923 98
    2017£272,338 £5,427 117
    2016£313,850 £1,389 175
    2015£904,683 £2,893 32
    2014£703,843 £1,947 17
    2013£728,8005
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£323,700 £3,441 2
    2022£160,000 £4,324 1
    2021£212,500 £2,533 2
    2020£248,250 £2,516 4
    2019£298,333 £2,422 3
    2018£280,000 £1,697 1
    2017£397,5004
    2014£10,0001
    2013£100,000 £1,486 2
    2011£225,000 £2,467 3
    2010£171,000 £1,604 3
    2009£175,0001
    2008£218,000 £1,945 5
    2007£156,409 £2,349 11
    2006£184,688 £1,864 16
    2005£147,483 £1,808 15
    2004£222,250 £1,858 12
    2003£161,684 £1,973 19
    2002£112,500 £1,803 14
    2001£98,293 £1,043 14
    2000£74,874 £824 14
    1999£55,442 £608 13
    1998£62,812 £684 8
    1997£31,000 £881 4
    1996£59,000 £1,714 2
    1995£49,590 £904 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£390,000 £4,149 1
    2020£270,0001
    2019£567,5002
    2014£155,000 £2,719 1
    2012£367,5001
    2011£79,000 £1,097 1
    2010£400,000 £22,222 1
    2009£400,0001
    2008£321,2502
    2007£339,0002
    2006£297,4997
    2005£297,6005
    2004£311,250 £5,598 8
    2003£331,2508
    2002£208,7504
    2001£131,2005
    2000£135,0001
    1999£85,6254
    1998£72,333 £604 3
    1997£124,0005
    1996£126,0002
    1995£93,5002

    House Type in LU1 2BU area

    The most common house types in the LU1 2BU postcode area are Flat (136), commercial building (26), and Shared house (15).

    Total186
    Flat136
    commercial building26
    Shared house15
    Terraced4
    converted building4
    Semi-detached1
    Detached0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (149), and Social rented: Rents from council or Local Authority (21).

    Private rented: Private landlord or letting agency149
    Social rented: Rents from council or Local Authority21
    Owned: Owns with a mortgage or loan5
    Social rented: Other social rented5
    Private rented: Other private rented2
    Owned: Owns outright1
    Shared ownership: Shared ownership1
    Lives rent free1
    Does not apply0

    Number of People in a Household

    The most houses in the LU1 2BU have 1 person in household (84), and 2 people in household (57).

    1 person in household84
    2 people in household57
    3 people in household23
    4 people in household17
    5 people in household4
    7 people in household1
    8 or more people in household1
    0 people in household0
    6 people in household0