Housing Market Analysis for MELSON STREET, LU1 2JX

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

Overview of Sold House prices

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

  • Other
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £50,000 with Total Sold: 2
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MELSON STREET: £450,000 (Sold on 31 Jul 2020)
    • The first recorded sale happened at this postcode is 2 MELSON STREET: £350,000 (Sold on 11 Jan 2017)
  • Semi-Detached
    • The average price is around £112,000 median price is £112,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 MELSON STREET: £112,000 (Sold on 03 Sep 2002)
    • The first recorded sale happened at this postcode is 8 MELSON STREET: £112,000 (Sold on 03 Sep 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 2JX 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
2020£450,0001
2017£350,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£112,0001

All the Sales in the MELSON STREET, LU1 2JX

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

AddressSold DatePrice% Change
2 MELSON STREETOther, Freehold31 Jul 2020£450,00028.57%
11 Jan 2017£350,000First Sale
8 MELSON STREETSemi-Detached, Freehold03 Sep 2002£112,000First Sale

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

MELSON STREET, LU1 2JX Near By properties

Interactive Map

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

  • Flat
    • The average price is around £117,394 median price is £109,000 Standard Deviation is £55,113 with Total Sold: 2,240
    • The Last 5 Year average price is £157,783 with Total Sold: 364
    • 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 £113,680 median price is £100,000 Standard Deviation is £73,178 with Total Sold: 340
    • The Last 5 Year average price is £225,108 with Total Sold: 20
    • 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 £639,781 median price is £73,380 Standard Deviation is £2,372,084 with Total Sold: 585
    • The Last 5 Year average price is £1,357,343 with Total Sold: 160
    • 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 £165,628 median price is £149,000 Standard Deviation is £113,747 with Total Sold: 143
    • The Last 5 Year average price is £291,039 with Total Sold: 14
    • The most recent sale happened at this postcode is , 34 HART HILL DRIVE: £280,000 (Sold on 30 Jun 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 £219,081 median price is £182,500 Standard Deviation is £143,138 with Total Sold: 99
    • 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 , 83 PARK STREET: £82,000 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,929 £2,771 26
2023£149,277 £3,064 33
2022£170,999 £3,342 69
2021£157,246 £2,866 63
2020£153,166 £3,109 57
2019£161,594 £3,423 116
2018£137,498 £4,279 328
2017£112,440 £3,605 339
2016£127,336 £2,642 94
2015£110,740 £2,118 87
2014£92,126 £1,913 44
2013£94,824 £1,828 40
2012£90,681 £1,883 40
2011£96,176 £1,895 23
2010£105,483 £2,084 30
2009£99,125 £1,885 32
2008£121,775 £2,521 52
2007£154,046 £3,006 201
2006£122,478 £2,396 128
2005£100,821 £2,047 41
2004£116,745 £2,208 39
2003£90,191 £1,734 66
2002£62,638 £1,338 82
2001£50,689 £1,030 38
2000£42,218 £835 43
1999£41,595 £753 36
1998£34,594 £676 24
1997£29,740 £549 21
1996£26,819 £578 24
1995£25,003 £479 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,333 £3,191 3
2023£215,0001
2022£254,167 £3,155 6
2021£174,467 £2,928 3
2020£199,000 £2,862 3
2019£227,188 £2,806 4
2018£214,312 £3,050 8
2017£227,875 £3,101 4
2016£190,889 £3,327 9
2015£174,778 £2,135 9
2014£136,179 £2,164 14
2013£133,000 £1,558 3
2012£156,799 £1,917 5
2011£167,219 £3,780 8
2010£90,000 £1,259 1
2009£195,000 £1,608 5
2008£179,643 £3,390 7
2007£154,765 £2,051 17
2006£162,588 £2,243 17
2005£121,167 £2,291 12
2004£130,475 £2,006 20
2003£128,617 £2,386 15
2002£90,061 £1,701 26
2001£68,208 £899 18
2000£68,941 £1,101 20
1999£59,550 £743 20
1998£52,343 £902 24
1997£49,917 £670 24
1996£50,513 £960 19
1995£36,100 £578 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£429,36213
2023£912,599 £326,047 28
2022£713,822 £8,566 31
2021£1,106,207 £4,402 33
2020£611,579 £6,818 27
2019£3,960,514 £2,739 28
2018£541,739 £2,465 88
2017£255,431 £2,827 116
2016£266,064 £1,389 173
2015£840,801 £2,708 29
2014£439,75213
2013£728,8005
2011£21,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£280,000 £2,857 1
2022£262,500 £2,679 1
2021£340,375 £3,161 4
2020£256,388 £2,609 4
2019£286,250 £2,766 4
2018£281,833 £3,837 3
2017£310,000 £3,364 6
2016£355,000 £2,276 1
2015£278,500 £3,316 2
2014£146,998 £2,078 2
2013£175,000 £2,573 3
2011£375,0001
2010£205,000 £1,587 3
2009£175,0001
2008£238,250 £2,014 4
2007£204,214 £2,335 7
2006£224,562 £1,873 8
2005£140,325 £1,936 10
2004£167,428 £1,923 7
2003£181,219 £2,092 16
2002£90,436 £1,272 4
2001£107,140 £910 10
2000£87,500 £1,292 11
1999£79,242 £674 7
1998£111,992 £594 6
1997£37,833 £737 6
1996£42,050 £539 5
1995£49,250 £772 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£435,000 £2,093 2
2018£220,000 £3,056 1
2017£319,100 £2,876 2
2016£359,000 £1,941 1
2015£270,000 £2,282 1
2014£276,250 £2,620 2
2013£400,000 £1,653 1
2011£201,170 £1,888 4
2010£400,000 £22,222 1
2008£347,5003
2007£261,500 £2,223 4
2006£272,937 £1,665 8
2005£288,643 £1,278 7
2004£282,937 £4,900 8
2003£308,545 £1,242 11
2002£179,900 £1,720 5
2001£130,583 £988 6
2000£167,250 £1,824 6
1999£107,9005
1998£64,423 £623 4
1997£109,937 £752 8
1996£98,750 £882 6
1995£89,6673

House Type in LU1 2JX area

The most common house types in the LU1 2JX postcode area are Flat (89), Shared house (5), and converted building (5).

Total106
Flat89
Shared house5
converted building5
commercial building5
Semi-detached1
Terraced1
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 (82), and Owned: Owns with a mortgage or loan (13).

Private rented: Private landlord or letting agency82
Owned: Owns with a mortgage or loan13
Owned: Owns outright5
Social rented: Rents from council or Local Authority5
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LU1 2JX have 1 person in household (44), and 2 people in household (34).

1 person in household44
2 people in household34
4 people in household18
3 people in household8
5 people in household1
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0