Housing Market Analysis for LU1 2ER

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU1 2ER 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 2ER

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

    AddressSold DatePrice% Change

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

    LU1 2ER Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £114,042 median price is £105,000 Standard Deviation is £54,554 with Total Sold: 2,360
      • The Last 5 Year average price is £157,643 with Total Sold: 373
      • 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 £118,572 median price is £114,100 Standard Deviation is £75,775 with Total Sold: 695
      • The Last 5 Year average price is £219,998 with Total Sold: 67
      • 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 £678,556 median price is £75,380 Standard Deviation is £2,113,182 with Total Sold: 577
      • The Last 5 Year average price is £1,385,901 with Total Sold: 152
      • 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 £147,487 median price is £120,000 Standard Deviation is £118,689 with Total Sold: 201
      • 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 £226,965 median price is £192,500 Standard Deviation is £152,619 with Total Sold: 71
      • 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£125,434 £3,041 28
    2023£143,753 £3,129 40
    2022£170,895 £3,351 62
    2021£167,420 £3,047 74
    2020£150,551 £3,197 59
    2019£160,649 £3,474 110
    2018£137,152 £4,386 327
    2017£112,042 £3,584 353
    2016£127,184 £2,665 143
    2015£107,543 £2,105 81
    2014£100,128 £1,897 38
    2013£96,611 £1,818 40
    2012£91,805 £1,855 45
    2011£92,944 £1,738 18
    2010£100,650 £2,088 40
    2009£97,083 £1,876 36
    2008£115,636 £2,479 61
    2007£132,217 £3,119 126
    2006£124,430 £2,493 155
    2005£104,568 £2,140 57
    2004£111,162 £2,265 65
    2003£90,262 £1,722 73
    2002£66,948 £1,409 91
    2001£52,030 £1,079 39
    2000£44,890 £916 44
    1999£38,261 £758 52
    1998£39,642 £735 26
    1997£29,537 £611 28
    1996£27,255 £595 29
    1995£26,828 £588 20
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£247,600 £3,191 5
    2023£245,625 £3,325 12
    2022£253,711 £3,325 9
    2021£196,895 £2,943 22
    2020£213,333 £2,810 9
    2019£201,925 £3,902 10
    2018£222,156 £2,774 16
    2017£218,333 £3,542 9
    2016£182,099 £3,242 18
    2015£170,112 £2,989 18
    2014£138,296 £2,122 27
    2013£130,621 £1,924 12
    2012£131,596 £1,772 13
    2011£159,812 £2,741 12
    2010£115,495 £1,727 10
    2009£157,250 £1,590 10
    2008£171,676 £2,941 17
    2007£158,044 £2,568 33
    2006£156,233 £2,082 45
    2005£128,965 £2,252 23
    2004£141,605 £1,990 36
    2003£116,679 £2,081 40
    2002£82,727 £1,400 45
    2001£67,801 £1,009 33
    2000£66,377 £1,013 32
    1999£50,680 £717 43
    1998£50,130 £754 40
    1997£45,112 £700 40
    1996£41,889 £723 34
    1995£34,457 £563 22
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£502,88211
    2023£923,217 £326,047 29
    2022£1,090,108 £6,313 26
    2021£1,217,447 £1,529 37
    2020£892,913 £4,890 27
    2019£3,675,223 £3,750 22
    2018£551,723 £26,069 92
    2017£314,794 £2,847 118
    2016£318,356 £1,389 171
    2015£1,002,098 £7,036 24
    2014£772,23814
    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£213,500 £2,210 2
    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£186,800 £2,317 5
    2010£187,500 £1,515 2
    2009£134,833 £1,224 3
    2008£205,500 £1,581 6
    2007£175,363 £2,405 11
    2006£207,133 £1,827 15
    2005£134,647 £1,796 18
    2004£229,625 £2,018 12
    2003£150,407 £1,921 22
    2002£113,875 £1,755 12
    2001£96,190 £995 15
    2000£67,536 £827 14
    1999£58,783 £610 15
    1998£104,562 £678 8
    1997£37,833 £737 6
    1996£43,350 £855 5
    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£279,571 £1,743 7
    2005£297,6005
    2004£327,143 £5,598 7
    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 2ER area

    The most common house types in the LU1 2ER 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 2ER 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