Housing Market Analysis for CHEAPSIDE, LU1 2HL

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,000 median price is £1,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 CHEAPSIDE: £1,000 (Sold on 06 Jun 2022)
    • The first recorded sale happened at this postcode is 1 CHEAPSIDE: £1,000 (Sold on 06 Jun 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 2HL 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
2022£1,0001

All the Sales in the CHEAPSIDE, LU1 2HL

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

AddressSold DatePrice% Change
1 CHEAPSIDEOther, Leasehold06 Jun 2022£1,000First Sale

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

CHEAPSIDE, LU1 2HL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £119,715 median price is £111,000 Standard Deviation is £76,819 with Total Sold: 905
    • The Last 5 Year average price is £232,450 with Total Sold: 95
    • 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 £111,675 median price is £100,500 Standard Deviation is £53,809 with Total Sold: 2,546
    • The Last 5 Year average price is £148,102 with Total Sold: 350
    • 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 £687,260 median price is £75,380 Standard Deviation is £2,323,530 with Total Sold: 632
    • The Last 5 Year average price is £1,354,509 with Total Sold: 178
    • 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 £142,630 median price is £117,500 Standard Deviation is £114,834 with Total Sold: 178
    • The Last 5 Year average price is £261,855 with Total Sold: 11
    • 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 £246,332 median price is £240,000 Standard Deviation is £153,400 with Total Sold: 69
    • The Last 5 Year average price is £412,800 with Total Sold: 5
    • 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 , 83 PARK STREET: £82,000 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,250 £3,191 4
2023£240,976 £3,280 21
2022£263,171 £3,370 14
2021£242,920 £3,265 20
2020£200,647 £2,875 17
2019£213,447 £2,974 19
2018£208,807 £2,868 24
2017£203,938 £3,142 16
2016£194,387 £3,002 25
2015£149,004 £2,176 18
2014£140,942 £2,230 30
2013£123,103 £1,787 19
2012£142,268 £1,869 13
2011£152,213 £1,778 15
2010£113,500 £1,806 14
2009£142,462 £1,472 13
2008£153,867 £2,511 25
2007£153,633 £2,006 41
2006£149,286 £2,114 59
2005£125,522 £2,046 46
2004£144,106 £1,670 40
2003£111,989 £1,767 50
2002£85,014 £1,286 58
2001£67,098 £931 45
2000£61,450 £879 50
1999£52,562 £729 46
1998£46,633 £701 49
1997£44,550 £617 43
1996£37,212 £589 40
1995£34,872 £552 31
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,380 £2,987 32
2023£141,605 £3,237 44
2022£161,555 £3,281 83
2021£150,323 £2,961 52
2020£141,348 £3,066 49
2019£150,768 £3,211 90
2018£136,556 £4,275 356
2017£111,488 £3,525 358
2016£117,640 £2,720 96
2015£105,188 £2,160 106
2014£88,900 £1,882 61
2013£92,292 £1,734 46
2012£89,894 £1,884 45
2011£79,588 £1,638 20
2010£95,878 £1,990 45
2009£98,528 £1,837 35
2008£113,149 £2,584 74
2007£147,097 £3,017 261
2006£118,674 £2,467 167
2005£94,498 £2,179 57
2004£104,019 £2,342 66
2003£83,770 £1,702 70
2002£62,290 £1,479 81
2001£48,262 £1,081 41
2000£43,300 £974 38
1999£35,156 £767 57
1998£33,529 £620 24
1997£27,612 £592 31
1996£24,958 £598 30
1995£21,580 £545 31
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£492,50011
2023£864,219 £109,450 31
2022£921,481 £5,964 34
2021£1,169,333 £4,907 40
2020£676,931 £6,227 27
2019£3,214,673 £2,138 35
2018£595,391 £13,439 100
2017£270,616 £2,905 117
2016£319,380 £1,389 179
2015£873,356 £2,893 33
2014£620,539 £1,947 20
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£251,000 £2,484 3
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£235,000 £2,730 2
2010£171,000 £1,604 3
2009£175,0001
2008£218,000 £1,945 5
2007£152,083 £2,587 12
2006£176,588 £1,822 17
2005£136,386 £1,875 11
2004£219,769 £2,474 13
2003£160,225 £2,085 20
2002£111,607 £1,753 14
2001£94,381 £979 16
2000£77,052 £824 14
1999£50,896 £537 12
1998£62,812 £684 8
1997£31,000 £881 4
1996£53,833 £1,714 3
1995£60,238 £1,158 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£329,500 £3,380 2
2020£270,0001
2019£567,5002
2017£250,0001
2016£110,000 £3,929 1
2014£155,000 £2,719 1
2011£172,840 £1,097 2
2009£400,0001
2008£321,2502
2007£264,375 £1,354 4
2006£297,4997
2005£308,0006
2004£311,250 £5,598 8
2003£331,2508
2002£205,0004
2001£135,0003
2000£135,0001
1999£96,6673
1998£67,686 £604 4
1997£182,5002
1996£115,6673
1995£89,6673

House Type in LU1 2HL area

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