Housing Market Analysis for LU1 2TE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    LU1 2TE Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £115,460 median price is £105,000 Standard Deviation is £54,838 with Total Sold: 2,144
      • The Last 5 Year average price is £153,154 with Total Sold: 289
      • 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 95, MOULTON COURT MOULTON RISE: £31,000 (Sold on 24 Feb 1995)
    • Terraced
      • The average price is around £110,800 median price is £101,750 Standard Deviation is £68,403 with Total Sold: 406
      • The Last 5 Year average price is £215,894 with Total Sold: 27
      • 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 £651,828 median price is £74,361 Standard Deviation is £2,353,488 with Total Sold: 596
      • The Last 5 Year average price is £1,361,452 with Total Sold: 167
      • 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 £156,873 median price is £130,000 Standard Deviation is £115,595 with Total Sold: 123
      • The Last 5 Year average price is £302,096 with Total Sold: 11
      • The most recent sale happened at this postcode is , 3 SURREY STREET: £315,000 (Sold on 06 Apr 2023)
      • The first recorded sale happened at this postcode is , 43A ADELAIDE STREET: £59,950 (Sold on 15 May 1995)
    • Detached
      • The average price is around £220,069 median price is £191,250 Standard Deviation is £152,488 with Total Sold: 78
      • The Last 5 Year average price is £380,000 with Total Sold: 3
      • The most recent sale happened at this postcode is , 15 KELVIN CLOSE: £270,000 (Sold on 02 Jul 2020)
      • 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£124,872 £2,778 30
    2023£149,063 £3,045 34
    2022£169,520 £3,281 73
    2021£153,041 £2,802 37
    2020£147,976 £3,041 42
    2019£153,352 £3,097 73
    2018£137,717 £4,266 331
    2017£112,585 £3,556 343
    2016£126,884 £2,632 90
    2015£108,368 £2,147 92
    2014£91,876 £1,872 42
    2013£94,584 £1,768 41
    2012£89,250 £1,843 37
    2011£82,603 £1,518 17
    2010£103,197 £1,981 33
    2009£98,437 £1,811 32
    2008£119,260 £2,463 55
    2007£151,836 £2,991 208
    2006£122,657 £2,367 124
    2005£99,458 £1,966 38
    2004£120,193 £2,193 34
    2003£90,024 £1,700 54
    2002£60,852 £1,327 72
    2001£49,988 £995 45
    2000£43,651 £837 36
    1999£40,648 £731 40
    1998£36,554 £674 23
    1997£31,570 £608 21
    1996£28,485 £587 23
    1995£26,295 £521 24
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£244,333 £3,191 3
    2023£218,750 £2,374 4
    2022£215,000 £3,253 6
    2021£200,850 £2,982 4
    2020£199,250 £2,940 4
    2019£221,792 £2,796 6
    2018£212,500 £2,832 11
    2017£201,900 £2,835 5
    2016£182,385 £3,170 13
    2015£160,955 £2,202 11
    2014£129,731 £2,308 13
    2013£127,800 £1,610 5
    2012£143,249 £1,967 8
    2011£148,175 £1,518 10
    2010£90,000 £1,259 1
    2009£176,167 £1,457 6
    2008£165,148 £2,812 8
    2007£147,800 £1,940 20
    2006£152,978 £2,222 23
    2005£118,000 £2,049 17
    2004£125,214 £1,921 21
    2003£114,444 £1,755 18
    2002£86,680 £1,516 30
    2001£65,852 £890 22
    2000£66,060 £1,077 26
    1999£53,332 £733 25
    1998£51,069 £884 25
    1997£50,019 £632 26
    1996£42,195 £665 21
    1995£36,607 £616 14
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£492,50011
    2023£912,599 £326,047 28
    2022£724,826 £8,566 33
    2021£1,182,539 £4,402 39
    2020£567,794 £6,818 26
    2019£3,719,707 £2,739 30
    2018£546,796 £2,465 88
    2017£256,324 £2,827 117
    2016£269,937 £1,389 174
    2015£879,595 £2,708 29
    2014£458,45215
    2013£728,8005
    2011£21,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£315,000 £3,706 1
    2021£418,750 £2,901 2
    2020£256,388 £2,609 4
    2019£286,250 £2,766 4
    2018£282,750 £3,423 2
    2017£293,750 £2,869 4
    2015£267,000 £2,171 1
    2014£134,000 £1,523 1
    2013£145,0001
    2011£375,0001
    2010£125,0001
    2009£175,0001
    2008£238,750 £1,703 4
    2007£206,332 £2,335 6
    2006£231,429 £3,125 7
    2005£136,825 £2,208 10
    2004£150,357 £1,517 7
    2003£184,821 £2,134 14
    2002£89,349 £1,176 5
    2001£105,041 £921 10
    2000£84,625 £1,079 12
    1999£76,292 £610 6
    1998£119,800 £568 5
    1997£37,833 £737 6
    1996£40,312 £580 4
    1995£57,988 £1,117 4
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£270,0001
    2019£435,000 £2,093 2
    2018£220,000 £3,056 1
    2017£250,0001
    2016£359,000 £1,941 1
    2015£270,000 £2,282 1
    2014£155,000 £2,719 1
    2011£156,560 £1,410 3
    2010£400,000 £22,222 1
    2009£400,0001
    2008£321,2502
    2007£307,5002
    2006£287,071 £1,743 7
    2005£308,0006
    2004£292,285 £4,900 7
    2003£327,750 £1,015 8
    2002£193,7504
    2001£120,2504
    2000£153,333 £2,389 3
    1999£101,1254
    1998£64,423 £623 4
    1997£104,083 £504 6
    1996£89,400 £1,163 5
    1995£89,6673

    House Type in LU1 2TE area

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