Housing Market Analysis for BUTE STREET, LU1 2EP

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

Overview of Sold House prices

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

  • Other
    • The average price is around £358,800 median price is £358,800 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE BEER ENGINE, 43 BUTE STREET: £358,800 (Sold on 12 Feb 2014)
    • The first recorded sale happened at this postcode is THE BEER ENGINE, 43 BUTE STREET: £358,800 (Sold on 12 Feb 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 2EP 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
2014£358,8001

All the Sales in the BUTE STREET, LU1 2EP

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

AddressSold DatePrice% Change
THE BEER ENGINE, 43 BUTE STREETOther, Freehold12 Feb 2014£358,800First Sale

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

BUTE STREET, LU1 2EP Near By properties

Interactive Map

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

  • Flat
    • The average price is around £114,453 median price is £105,000 Standard Deviation is £54,112 with Total Sold: 2,370
    • The Last 5 Year average price is £156,244 with Total Sold: 383
    • 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)
  • Terraced
    • The average price is around £119,832 median price is £114,100 Standard Deviation is £77,352 with Total Sold: 693
    • The Last 5 Year average price is £232,759 with Total Sold: 64
    • The most recent sale happened at this postcode is , 9 HARTLEY ROAD: £220,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 HARTLEY ROAD: £32,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £715,919 median price is £75,380 Standard Deviation is £2,410,745 with Total Sold: 584
    • The Last 5 Year average price is £1,511,059 with Total Sold: 156
    • 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 UNIT G, ABBEYGATE BUSINESS CENTRE HITCHIN ROAD: £21,000 (Sold on 10 Jun 2011)
  • Semi-Detached
    • The average price is around £148,512 median price is £122,500 Standard Deviation is £119,330 with Total Sold: 196
    • The Last 5 Year average price is £279,697 with Total Sold: 15
    • The most recent sale happened at this postcode is , 16 FREDERICK STREET: £200,000 (Sold on 14 Dec 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 £226,842 median price is £200,000 Standard Deviation is £150,562 with Total Sold: 73
    • The Last 5 Year average price is £420,000 with Total Sold: 3
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,764 £2,713 29
2023£142,103 £3,129 40
2022£168,059 £3,326 66
2021£166,643 £3,003 74
2020£147,491 £3,201 56
2019£159,554 £3,436 118
2018£137,259 £4,351 331
2017£112,085 £3,584 353
2016£127,206 £2,644 147
2015£107,543 £2,105 81
2014£99,997 £1,870 38
2013£96,084 £1,818 41
2012£90,703 £1,843 48
2011£92,278 £1,691 18
2010£98,238 £2,043 40
2009£98,206 £1,890 34
2008£113,166 £2,585 68
2007£131,714 £3,135 128
2006£124,459 £2,496 154
2005£103,145 £2,161 58
2004£110,096 £2,326 68
2003£90,508 £1,719 72
2002£66,648 £1,380 86
2001£51,466 £1,063 39
2000£43,446 £887 43
1999£38,523 £770 49
1998£39,133 £724 24
1997£28,377 £552 24
1996£27,069 £583 24
1995£26,767 £604 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£247,600 £3,191 5
2023£251,821 £3,221 14
2022£253,267 £3,234 9
2021£223,522 £2,961 18
2020£213,333 £2,810 9
2019£212,250 £3,718 9
2018£215,583 £2,624 18
2017£221,000 £3,515 10
2016£189,029 £3,219 17
2015£160,416 £2,050 17
2014£145,583 £2,054 24
2013£131,645 £1,796 10
2012£131,596 £1,772 13
2011£157,904 £2,741 13
2010£115,723 £1,710 11
2009£154,050 £1,590 10
2008£160,531 £2,899 16
2007£159,755 £2,410 37
2006£158,035 £2,039 43
2005£125,313 £2,335 23
2004£144,317 £1,997 34
2003£119,444 £2,044 42
2002£83,451 £1,377 46
2001£68,313 £953 35
2000£65,838 £949 32
1999£52,505 £706 43
1998£49,092 £728 45
1997£46,041 £711 37
1996£43,280 £754 33
1995£35,640 £574 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£502,88211
2023£922,906 £326,047 29
2022£1,090,108 £6,313 26
2021£1,200,935 £3,537 38
2020£691,542 £4,890 27
2019£4,431,170 £3,072 25
2018£617,081 £32,266 93
2017£267,168 £2,847 117
2016£317,638 £1,389 172
2015£981,614 £7,036 25
2014£725,689 £1,947 15
2013£728,8005
2011£21,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£282,467 £3,289 3
2022£220,000 £3,620 2
2021£350,833 £3,054 3
2020£256,388 £2,834 4
2019£276,667 £2,491 3
2018£280,000 £1,697 1
2017£353,000 £2,869 5
2015£267,000 £2,171 1
2014£134,000 £1,523 1
2013£100,000 £1,486 2
2011£198,500 £2,317 4
2010£187,500 £1,515 2
2009£156,000 £1,292 2
2008£192,571 £1,887 7
2007£175,363 £2,405 11
2006£201,214 £1,827 14
2005£137,814 £1,783 18
2004£244,455 £1,903 11
2003£150,498 £1,921 23
2002£113,666 £1,829 12
2001£101,066 £930 13
2000£68,885 £816 13
1999£58,783 £610 15
1998£92,950 £678 10
1997£37,833 £737 6
1996£45,062 £931 4
1995£44,825 £791 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,000 £4,149 1
2019£435,000 £2,093 2
2018£220,000 £3,056 1
2016£359,000 £1,941 1
2015£270,000 £2,282 1
2011£101,500 £1,410 2
2010£400,000 £22,222 1
2008£317,5001
2007£309,333 £6,944 3
2006£275,249 £1,743 8
2005£297,6005
2004£311,250 £5,598 8
2003£316,667 £1,690 9
2002£180,750 £1,256 4
2001£131,2005
2000£153,333 £2,389 3
1999£101,1254
1998£85,0001
1997£104,083 £504 6
1996£88,000 £1,163 4
1995£89,000 £1,250 3

House Type in LU1 2EP area

The most common house types in the LU1 2EP postcode area are Flat (32), Shared house (10), and converted building (9).

Total62
Flat32
Shared house10
converted building9
commercial building7
Semi-detached3
Detached1
Terraced0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Private rented: Other private rented (6).

Private rented: Private landlord or letting agency55
Private rented: Other private rented6
Owned: Owns outright2
Owned: Owns with a mortgage or loan1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LU1 2EP have 1 person in household (28), and 2 people in household (18).

1 person in household28
2 people in household18
4 people in household10
3 people in household5
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0