Housing Market Analysis for CHEAPSIDE, LU1 2HN

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £45,700 median price is £44,000 Standard Deviation is £17,385 with Total Sold: 12
    • The Last 5 Year average price is £71,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 2.1, RIVERGATE HOUSE CHEAPSIDE: £71,500 (Sold on 09 Apr 2019)
    • The first recorded sale happened at this postcode is 3.2, RIVERGATE HOUSE CHEAPSIDE: £13,400 (Sold on 10 May 1995)
  • Semi-Detached
    • The average price is around £277,667 median price is £248,000 Standard Deviation is £44,093 with Total Sold: 3
    • The most recent sale happened at this postcode is 50 CHEAPSIDE: £340,000 (Sold on 13 Jul 2017)
    • The first recorded sale happened at this postcode is 50 CHEAPSIDE: £248,000 (Sold on 30 May 2006)
  • Terraced
    • The average price is around £76,857 median price is £52,500 Standard Deviation is £43,971 with Total Sold: 7
    • The most recent sale happened at this postcode is 48 CHEAPSIDE: £125,000 (Sold on 21 Oct 2016)
    • The first recorded sale happened at this postcode is 59 CHEAPSIDE: £40,500 (Sold on 28 Feb 1997)
  • Detached
    • The average price is around £300,000 median price is £300,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 53 CHEAPSIDE: £300,000 (Sold on 25 Nov 2002)
    • The first recorded sale happened at this postcode is 53 CHEAPSIDE: £300,000 (Sold on 25 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 2HN 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£71,500 £2,979 1
2017£67,500 £2,812 1
2016£58,500 £2,447 2
2013£45,000 £1,875 1
2008£60,000 £2,521 1
2003£43,000 £1,807 1
2002£33,167 £1,399 3
1998£31,500 £534 1
1995£13,400 £583 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£292,5002
2006£248,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£125,0001
2006£160,0001
2002£75,0001
1998£49,2502
1997£39,7502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£300,0001

All the Sales in the CHEAPSIDE, LU1 2HN

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

AddressSold DatePrice% Change
2.1, RIVERGATE HOUSE CHEAPSIDEFlat, LeaseholdArea: 24 Sq.mtrAge: 1976-198209 Apr 2019£71,5005.93%
30 Mar 2017£67,5003.85%
31 Mar 2016£65,00044.44%
02 Jul 2013£45,0004.65%
23 Aug 2002£43,000First Sale
50 CHEAPSIDESemi-Detached, Freehold13 Jul 2017£340,00038.78%
27 Jan 2017£245,000-1.21%
30 May 2006£248,000First Sale
48 CHEAPSIDETerraced, Freehold21 Oct 2016£125,000First Sale
2.4, RIVERGATE HOUSE CHEAPSIDEFlat, LeaseholdArea: 23.8 Sq.mtrAge: 1930-194930 Mar 2016£52,000-13.33%
16 Jun 2008£60,00039.53%
29 Apr 2003£43,000First Sale
55 CHEAPSIDETerraced, Freehold24 Jan 2006£160,000113.33%
31 Jan 2002£75,00063.04%
18 Sep 1998£46,000First Sale
53 CHEAPSIDEDetached, Freehold25 Nov 2002£300,000First Sale
1.3, RIVERGATE HOUSE CHEAPSIDEFlat, LeaseholdArea: 24 Sq.mtrAge: 1976-198206 Jun 2002£28,500First Sale
3.2, RIVERGATE HOUSE CHEAPSIDEFlat, LeaseholdArea: 23 Sq.mtrAge: 1976-198208 Apr 2002£28,000108.96%
10 May 1995£13,400First Sale
59 CHEAPSIDETerraced, Freehold11 Sep 1998£52,50029.63%
28 Feb 1997£40,500First Sale
52A CHEAPSIDEFlat, LeaseholdArea: 59 Sq.mtrAge: 1900-192926 May 1998£31,500First Sale
UNIT 2, RIVERGATE HOUSE CHEAPSIDETerraced, Leasehold28 Nov 1997£39,000First Sale

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

CHEAPSIDE, LU1 2HN Near By properties

Interactive Map

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

  • Flat
    • The average price is around £112,502 median price is £100,000 Standard Deviation is £55,647 with Total Sold: 2,256
    • The Last 5 Year average price is £157,280 with Total Sold: 360
    • 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 £118,175 median price is £112,750 Standard Deviation is £72,892 with Total Sold: 524
    • The Last 5 Year average price is £230,558 with Total Sold: 46
    • 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 £684,670 median price is £75,000 Standard Deviation is £2,401,568 with Total Sold: 573
    • The Last 5 Year average price is £1,477,405 with Total Sold: 154
    • 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 £143,446 median price is £125,000 Standard Deviation is £103,737 with Total Sold: 171
    • The Last 5 Year average price is £277,927 with Total Sold: 13
    • 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 £219,428 median price is £182,500 Standard Deviation is £151,878 with Total Sold: 77
    • The Last 5 Year average price is £435,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , KWIK-FIT CHAPEL STREET: £600,000 (Sold on 26 Feb 2019)
    • 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£122,852 £2,713 26
2023£141,945 £3,051 34
2022£170,137 £3,320 62
2021£167,807 £2,989 67
2020£149,645 £3,212 55
2019£160,159 £3,428 116
2018£137,203 £4,328 330
2017£111,325 £3,642 334
2016£128,450 £2,623 143
2015£108,055 £2,099 82
2014£98,403 £1,886 36
2013£94,590 £1,819 44
2012£90,176 £1,851 44
2011£96,832 £1,911 25
2010£99,530 £2,091 33
2009£96,720 £1,828 34
2008£116,515 £2,443 52
2007£125,775 £3,065 104
2006£121,850 £2,380 132
2005£99,806 £2,087 47
2004£109,921 £2,129 50
2003£88,572 £1,698 78
2002£63,014 £1,358 89
2001£49,572 £1,027 44
2000£42,519 £886 49
1999£37,845 £760 49
1998£37,986 £726 18
1997£29,382 £545 25
1996£25,876 £552 27
1995£24,669 £531 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,000 £3,191 4
2023£260,938 £3,450 8
2022£234,625 £3,321 8
2021£213,127 £2,886 11
2020£211,875 £2,768 8
2019£227,679 £4,109 7
2018£224,125 £2,850 12
2017£222,000 £3,576 5
2016£187,233 £3,392 15
2015£160,805 £2,044 15
2014£141,395 £2,129 19
2013£135,328 £1,731 9
2012£125,900 £1,888 10
2011£158,375 £3,140 10
2010£111,875 £1,631 4
2009£162,188 £1,604 8
2008£164,955 £3,432 11
2007£160,554 £2,524 27
2006£156,390 £2,073 32
2005£124,672 £2,437 18
2004£132,595 £2,008 29
2003£118,641 £2,100 33
2002£85,518 £1,540 33
2001£67,350 £889 22
2000£67,815 £1,042 24
1999£52,613 £726 31
1998£50,383 £752 34
1997£47,625 £730 32
1996£43,972 £810 27
1995£36,711 £575 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£502,88211
2023£928,885 £326,047 28
2022£899,588 £9,912 23
2021£1,231,609 £3,537 37
2020£678,809 £4,890 28
2019£4,100,491 £2,739 27
2018£593,379 £32,266 91
2017£272,202 £2,827 117
2016£267,360 £1,389 169
2015£981,614 £7,036 25
2014£505,57511
2013£728,8005
2011£21,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£240,000 £2,927 1
2022£220,000 £3,620 2
2021£418,750 £2,901 2
2020£253,110 £2,602 5
2019£276,667 £2,491 3
2018£280,000 £3,182 2
2017£293,750 £2,869 4
2015£267,000 £2,171 1
2014£134,000 £1,523 1
2013£100,000 £1,486 2
2011£290,000 £2,203 2
2010£125,0001
2009£156,000 £1,292 2
2008£205,500 £1,581 6
2007£177,499 £2,523 10
2006£196,792 £1,990 12
2005£137,950 £1,826 17
2004£155,772 £1,854 11
2003£153,587 £2,033 23
2002£86,541 £1,303 6
2001£104,218 £887 11
2000£67,591 £843 11
1999£64,442 £660 13
1998£98,636 £670 7
1997£37,833 £737 6
1996£42,312 £498 4
1995£44,825 £791 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£435,000 £2,093 2
2018£220,000 £3,056 1
2016£359,000 £1,941 1
2015£270,000 £2,282 1
2014£225,0001
2011£101,500 £1,410 2
2010£400,000 £22,222 1
2008£396,2502
2007£288,000 £4,463 4
2006£261,333 £1,605 9
2005£297,6005
2004£292,285 £4,900 7
2003£287,000 £1,015 10
2002£180,750 £1,256 4
2001£131,2005
2000£145,625 £2,389 4
1999£101,1254
1998£59,475 £623 2
1997£104,083 £504 6
1996£88,000 £1,163 4
1995£93,5002

House Type in LU1 2HN area

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