Housing Market Analysis for DERWENT ROAD, LU2 0JT

Are you looking to understand LU2 0JT 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 LU2 0JT area, explore the LU2 0JT Area information page.
For comprehensive crime statistics in the LU2 0JT area, explore the LU2 0JT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU2 0JT postcode area, The average prices are as follows,

Terraced
- The average price is around £149,862 median price is £130,000 Standard Deviation is £69,551 with Total Sold: 29
- The Last 5 Year average price is £218,800 with Total Sold: 10
- The most recent sale happened at this postcode is 57 DERWENT ROAD: £260,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 22 DERWENT ROAD: £270,000 (Sold on 08 Jan 2024)
Semi-Detached
- The average price is around £116,599 median price is £121,995 Standard Deviation is £59,544 with Total Sold: 5
- The most recent sale happened at this postcode is 33 DERWENT ROAD: £215,000 (Sold on 23 Nov 2018)
- The first recorded sale happened at this postcode is 7 DERWENT ROAD: £36,000 (Sold on 23 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 0JT 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£260,000	£3,881	1
2022	£250,000	£4,099	2
2021	£191,667	£3,052	3
2020	£170,000	£2,627	2
2018	£208,000	£2,889	1
2016	£125,000	£1,953	1
2015	£184,500	£2,494	2
2014	£144,500	£2,191	2
2013	£95,000	£1,532	1
2012	£130,000	£1,831	1
2009	£127,000	£1,841	1
2008	£101,000	£1,629	1
2006	£133,000	£1,985	1
2004	£122,000	£1,894	1
2002	£87,000	£1,362	3
2001	£60,000	£968	1
2000	£59,000	£855	1
1998	£37,995	£543	1
1997	£41,000	£569	1
2024	£256,500	£4,737	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£215,000	£2,829	1
2006	£130,000	£2,031	1
2004	£121,995	£1,452	1
2003	£80,000	£952	1
1999	£36,000	£429	1

All the Sales in the DERWENT ROAD, LU2 0JT

See the table below for more details on the sold house prices in the LU2 0JT, Luton postcode.

Address	Sold Date	Price	% Change
57 DERWENT ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1950-1966	31 Oct 2023	£260,000	95.49%
	11 Jan 2006	£133,000	First Sale
31 DERWENT ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1950-1966	29 Jul 2022	£250,000	First Sale
35 DERWENT ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 1950-1966	24 Mar 2022	£250,000	81.16%
	11 Jul 2014	£138,000	45.26%
	07 Jun 2013	£95,000	58.33%
	31 Jul 2001	£60,000	First Sale
10 DERWENT ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1950-1966	15 Nov 2021	£240,000	50.00%
	10 Aug 2015	£160,000	First Sale
20 DERWENT ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	11 Nov 2021	£125,000	0.0
	30 Sep 2020	£125,000	228.99%
	18 Jun 1998	£37,995	First Sale
18 DERWENT ROADTerraced, FreeholdArea: 58 Sq.mtrAge: 1930-1949	30 Jul 2021	£210,000	165.82%
	28 Jun 2002	£79,000	First Sale
3 DERWENT ROADTerraced, LeaseholdArea: 62 Sq.mtrAge: 1930-1949	17 Jul 2020	£215,000	First Sale
33 DERWENT ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	23 Nov 2018	£215,000	65.38%
	22 Sep 2006	£130,000	First Sale
5 DERWENT ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	15 Jun 2018	£208,000	407.32%
	29 Aug 1997	£41,000	First Sale
44 DERWENT ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1950-1966	17 May 2016	£125,000	First Sale
7 DERWENT ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	29 Oct 2015	£209,000	71.32%
	05 Oct 2004	£121,995	52.49%
	21 Feb 2003	£80,000	122.22%
	23 Feb 1999	£36,000	First Sale
52 DERWENT ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	25 Feb 2014	£151,000	First Sale
60 DERWENT ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	12 Oct 2012	£130,000	First Sale
9 DERWENT ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1950-1966	18 Nov 2009	£127,000	4.10%
	09 Feb 2004	£122,000	106.78%
	27 Oct 2000	£59,000	First Sale
19 DERWENT ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 1950-1966	08 Feb 2008	£101,000	First Sale
53 DERWENT ROADTerraced, Freehold	09 Oct 2002	£93,000	First Sale
13 DERWENT ROADTerraced, Freehold	12 Jul 2002	£89,000	First Sale
2 DERWENT ROADTerraced, Freehold	12 Apr 2024	£243,000	First Sale
22 DERWENT ROADTerraced, FreeholdArea: 57 Sq.mtrAge: 1930-1949	08 Jan 2024	£270,000	First Sale

Check out the sold house prices near the LU2 0JT postcode. Properties currently for saleProperties currently for rent

DERWENT ROAD, LU2 0JT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU2 0JT 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 LU2 0JT postcode.

Flat
- The average price is around £93,429 median price is £90,000 Standard Deviation is £51,758 with Total Sold: 755
- The Last 5 Year average price is £156,144 with Total Sold: 97
- The most recent sale happened at this postcode is 41, MOULTON COURT MOULTON RISE: £172,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 2, WOODLAND COURT HART HILL DRIVE: £12,500 (Sold on 13 Jan 1995)
Terraced
- The average price is around £129,509 median price is £124,500 Standard Deviation is £77,281 with Total Sold: 1,273
- The Last 5 Year average price is £245,942 with Total Sold: 154
- 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 £388,258 median price is £202,500 Standard Deviation is £463,719 with Total Sold: 52
- The Last 5 Year average price is £380,768 with Total Sold: 37
- The most recent sale happened at this postcode is , POLYFAB LTD CONCORDE STREET: £210,000 (Sold on 01 Aug 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 £166,347 median price is £153,000 Standard Deviation is £90,307 with Total Sold: 1,221
- The Last 5 Year average price is £306,573 with Total Sold: 171
- The most recent sale happened at this postcode is , 61 DURHAM ROAD: £379,000 (Sold on 10 Jul 2024)
- The first recorded sale happened at this postcode is , 27 NORFOLK ROAD: £52,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £214,864 median price is £182,500 Standard Deviation is £128,543 with Total Sold: 165
- The Last 5 Year average price is £351,694 with Total Sold: 18
- The most recent sale happened at this postcode is , 37 EXTON AVENUE: £351,000 (Sold on 23 Sep 2022)
- The first recorded sale happened at this postcode is , 61 CRAWLEY GREEN ROAD: £72,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£140,000	£1,731	5
2023	£155,958	£2,983	12
2022	£163,281	£2,832	16
2021	£157,394	£2,704	33
2020	£147,944	£3,106	18
2019	£161,923	£2,704	13
2018	£142,458	£3,048	26
2017	£163,657	£3,496	27
2016	£131,157	£2,548	36
2015	£121,705	£2,346	22
2014	£99,232	£1,972	28
2013	£85,283	£1,830	23
2012	£83,688	£1,813	13
2011	£100,400	£1,950	17
2010	£103,307	£2,071	13
2009	£88,250	£1,924	8
2008	£129,702	£2,234	12
2007	£119,478	£2,348	64
2006	£101,399	£2,187	37
2005	£99,539	£1,973	19
2004	£95,764	£1,954	36
2003	£78,312	£1,653	39
2002	£55,868	£1,269	42
2001	£46,464	£931	43
2000	£39,044	£800	43
1999	£33,137	£684	23
1998	£26,286	£599	28
1997	£25,400	£501	18
1996	£23,406	£481	16
1995	£23,473	£462	25

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,929	£3,641	14
2023	£258,145	£3,643	31
2022	£271,039	£3,551	27
2021	£237,336	£3,269	35
2020	£207,954	£2,680	18
2019	£222,744	£3,015	29
2018	£231,338	£3,013	39
2017	£246,566	£3,428	40
2016	£209,147	£2,748	44
2015	£181,824	£2,450	47
2014	£151,622	£2,020	53
2013	£134,404	£1,720	26
2012	£134,667	£1,785	33
2011	£129,904	£1,702	13
2010	£134,000	£1,754	16
2009	£130,721	£1,752	17
2008	£145,417	£2,116	24
2007	£148,029	£2,047	52
2006	£139,344	£1,802	66
2005	£129,192	£1,871	39
2004	£129,059	£1,744	64
2003	£116,620	£1,657	58
2002	£90,361	£1,247	67
2001	£73,118	£976	64
2000	£65,274	£862	59
1999	£53,242	£726	79
1998	£44,898	£627	64
1997	£41,691	£579	57
1996	£37,407	£517	49
1995	£40,963	£499	49

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,000		1
2023	£537,100	£8,994	3
2022	£455,200	£9,912	11
2021	£371,711	£2,023	9
2020	£225,500	£4,718	7
2019	£389,333	£2,145	6
2018	£214,500		2
2017	£206,554	£3,015	9
2016	£1,196,000	£22,704	2
2015	£1,400,000		1
2011	£21,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£333,607	£3,123	14
2023	£324,730	£3,741	37
2022	£343,935	£3,790	23
2021	£310,475	£3,452	44
2020	£270,898	£3,114	30
2019	£262,617	£3,192	23
2018	£282,427	£3,097	37
2017	£276,103	£3,165	48
2016	£265,942	£3,238	43
2015	£227,227	£2,641	33
2014	£174,948	£2,072	39
2013	£168,131	£2,022	36
2012	£165,400	£1,944	31
2011	£154,174	£2,001	19
2010	£165,396	£1,826	41
2009	£136,770	£1,621	25
2008	£168,468	£2,042	33
2007	£170,666	£1,945	54
2006	£155,793	£1,839	55
2005	£154,079	£1,890	38
2004	£152,339	£1,725	67
2003	£130,362	£1,669	54
2002	£111,549	£1,277	78
2001	£96,950	£1,100	48
2000	£82,088	£990	48
1999	£69,168	£743	59
1998	£64,552	£693	51
1997	£56,296	£577	32
1996	£50,076	£584	46
1995	£48,506	£574	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£372,750	£4,956	4
2021	£341,786	£3,650	7
2020	£300,667	£3,254	3
2019	£386,250	£2,638	4
2018	£373,000	£3,639	6
2017	£331,640	£3,358	5
2016	£431,000	£3,122	4
2015	£304,562	£2,618	8
2014	£305,071	£2,504	7
2013	£275,833	£2,136	3
2012	£210,833	£2,117	3
2011	£200,000	£2,086	3
2010	£202,500	£2,174	2
2009	£174,750	£2,540	6
2008	£236,143	£2,073	7
2007	£260,938	£2,026	8
2006	£188,062	£1,903	8
2005	£216,250	£1,940	4
2004	£187,785	£1,957	7
2003	£218,500	£1,334	7
2002	£141,950	£1,921	7
2001	£131,972	£1,262	9
2000	£147,100	£1,567	10
1999	£89,588	£920	12
1998	£54,983	£588	3
1997	£89,071	£735	7
1996	£82,125	£739	8
1995	£96,500	£1,000	3

House Type in LU2 0JT area

The most common house types in the LU2 0JT postcode area are Terraced (76), Semi-detached (38), and Detached (10).

Total	129
Terraced	76
Semi-detached	38
Detached	10
Shared house	3
Flat	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (60), and Private rented: Private landlord or letting agency (25).

Social rented: Rents from council or Local Authority	60
Private rented: Private landlord or letting agency	25
Owned: Owns with a mortgage or loan	24
Owned: Owns outright	17
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU2 0JT have 2 people in household (31), and 1 person in household (29).

2 people in household	31
1 person in household	29
3 people in household	28
4 people in household	13
7 people in household	12
5 people in household	9
6 people in household	7
0 people in household	0
8 or more people in household	0