Housing Market Analysis for CHERRY TREE CLOSE, LU2 0LF

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £181,498 median price is £189,995 Standard Deviation is £29,402 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 CHERRY TREE CLOSE: £212,500 (Sold on 01 Jun 2018)
    • The first recorded sale happened at this postcode is 5 CHERRY TREE CLOSE: £142,000 (Sold on 12 Mar 2015)
  • Semi-Detached
    • The average price is around £133,998 median price is £145,000 Standard Deviation is £34,768 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 CHERRY TREE CLOSE: £170,000 (Sold on 09 Nov 2011)
    • The first recorded sale happened at this postcode is 7 CHERRY TREE CLOSE: £86,995 (Sold on 14 Jul 2000)
  • Detached
    • The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 CHERRY TREE CLOSE: £150,000 (Sold on 11 Apr 2001)
    • The first recorded sale happened at this postcode is 6 CHERRY TREE CLOSE: £150,000 (Sold on 11 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 0LF 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£212,500 £3,542 1
2015£165,998 £2,767 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£170,0001
2005£145,000 £2,042 1
2000£86,995 £1,225 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£150,0001

All the Sales in the CHERRY TREE CLOSE, LU2 0LF

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

AddressSold DatePrice% Change
5 CHERRY TREE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1930-194901 Jun 2018£212,50011.85%
04 Dec 2015£189,99533.80%
12 Mar 2015£142,000First Sale
4 CHERRY TREE CLOSESemi-Detached, Freehold09 Nov 2011£170,000First Sale
7 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194906 Oct 2005£145,00066.68%
14 Jul 2000£86,995First Sale
6 CHERRY TREE CLOSEDetached, Freehold11 Apr 2001£150,000First Sale

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

CHERRY TREE CLOSE, LU2 0LF Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £132,207 median price is £127,000 Standard Deviation is £75,590 with Total Sold: 2,217
    • The Last 5 Year average price is £246,656 with Total Sold: 300
    • The most recent sale happened at this postcode is , 23 MORETON ROAD SOUTH: £240,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 317A HITCHIN ROAD: £70,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £157,499 median price is £150,000 Standard Deviation is £83,941 with Total Sold: 1,994
    • The Last 5 Year average price is £290,512 with Total Sold: 277
    • The most recent sale happened at this postcode is , 33 SOMERSET AVENUE: £347,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 48 SOMERSET AVENUE: £48,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £519,129 median price is £255,000 Standard Deviation is £657,192 with Total Sold: 43
    • The Last 5 Year average price is £401,622 with Total Sold: 25
    • 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 4, GREENWOOD COURT RAMRIDGE ROAD: £140,000 (Sold on 30 Jun 2014)
  • Flat
    • The average price is around £104,860 median price is £100,000 Standard Deviation is £59,076 with Total Sold: 565
    • The Last 5 Year average price is £174,416 with Total Sold: 119
    • The most recent sale happened at this postcode is 11, ELLA COURT HIGH TOWN ROAD: £135,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is FLAT A, 195 HIGH TOWN ROAD: £15,000 (Sold on 20 Feb 1995)
  • Detached
    • The average price is around £209,436 median price is £182,000 Standard Deviation is £118,595 with Total Sold: 154
    • The Last 5 Year average price is £363,304 with Total Sold: 23
    • The most recent sale happened at this postcode is , 113 SOMERSET AVENUE: £352,500 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 437 HITCHIN ROAD: £77,000 (Sold on 02 May 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,327 £3,331 26
2023£264,426 £3,432 47
2022£273,376 £3,513 58
2021£238,616 £3,035 71
2020£216,379 £2,832 47
2019£228,452 £2,973 51
2018£230,684 £2,862 58
2017£247,150 £3,359 61
2016£208,025 £2,697 77
2015£183,327 £2,443 67
2014£151,869 £1,990 92
2013£136,114 £1,754 50
2012£137,535 £1,771 43
2011£143,387 £1,741 27
2010£138,458 £1,716 36
2009£130,864 £1,624 35
2008£149,854 £1,928 41
2007£149,517 £2,002 85
2006£143,714 £1,799 101
2005£135,213 £1,794 86
2004£130,651 £1,732 108
2003£119,005 £1,544 110
2002£90,486 £1,184 142
2001£75,186 £970 127
2000£64,253 £827 105
1999£53,366 £706 134
1998£44,592 £582 101
1997£42,207 £546 88
1996£37,585 £474 77
1995£39,634 £497 66
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,822 £3,866 23
2023£310,826 £3,724 43
2022£309,385 £3,792 54
2021£295,997 £3,582 66
2020£261,011 £3,097 44
2019£258,752 £3,169 47
2018£281,039 £3,151 46
2017£266,305 £3,261 68
2016£250,411 £3,084 51
2015£214,971 £2,542 52
2014£180,176 £2,179 68
2013£172,426 £2,012 61
2012£159,825 £1,922 45
2011£157,007 £1,843 41
2010£154,549 £1,807 56
2009£141,653 £1,732 54
2008£173,097 £2,022 46
2007£167,169 £2,100 102
2006£156,266 £1,955 88
2005£149,900 £1,835 71
2004£146,721 £1,746 98
2003£129,382 £1,553 89
2002£105,822 £1,251 137
2001£91,976 £1,035 89
2000£80,492 £973 90
1999£66,521 £764 91
1998£59,655 £720 88
1997£55,771 £639 79
1996£47,340 £577 54
1995£45,241 £543 53
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2023£400,825 £5,483 4
2022£638,2504
2021£373,417 £4,090 6
2020£270,158 £3,846 6
2019£453,201 £6,838 4
2018£712,500 £3,036 6
2017£247,498 £3,164 6
2016£1,501,750 £12,423 4
2015£374,999 £5,952 1
2014£140,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,5002
2023£150,500 £3,250 16
2022£192,458 £2,702 12
2021£176,026 £3,609 49
2020£184,357 £3,342 30
2019£162,700 £3,022 10
2018£125,950 £3,360 12
2017£140,885 £3,195 13
2016£130,840 £2,716 25
2015£112,727 £2,322 22
2014£107,893 £2,106 21
2013£93,533 £1,913 15
2012£84,517 £1,865 9
2011£89,812 £1,906 8
2010£102,280 £1,990 16
2009£85,000 £1,907 4
2008£130,912 £2,329 18
2007£131,469 £2,429 46
2006£112,250 £2,379 26
2005£98,750 £2,171 14
2004£94,185 £2,039 27
2003£76,789 £1,644 19
2002£57,986 £1,403 23
2001£46,058 £985 33
2000£37,573 £797 23
1999£30,742 £647 21
1998£24,500 £577 15
1997£22,871 £535 14
1996£21,056 £492 9
1995£24,977 £536 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,5001
2023£380,000 £3,958 1
2022£355,167 £4,377 6
2021£304,000 £3,413 5
2020£353,125 £3,225 4
2019£426,667 £2,993 6
2018£292,900 £3,774 5
2017£327,300 £3,467 5
2016£433,750 £3,643 4
2015£231,667 £2,528 3
2014£204,100 £2,408 5
2013£203,100 £2,255 5
2012£190,833 £2,367 3
2011£179,400 £1,649 5
2010£203,400 £2,002 5
2009£167,000 £2,540 5
2008£217,800 £2,140 10
2007£310,500 £2,383 7
2006£173,125 £2,196 4
2005£199,500 £2,155 7
2004£185,542 £2,275 6
2003£151,099 £1,848 5
2002£146,879 £1,657 7
2001£121,523 £1,247 11
2000£97,999 £948 5
1999£77,206 £851 10
1998£82,300 £795 5
1997£77,250 £577 4
1996£70,400 £644 5

House Type in LU2 0LF area

The most common house types in the LU2 0LF postcode area are Semi-detached (56), Terraced (31), and Flat (11).

Total105
Semi-detached56
Terraced31
Flat11
Detached4
commercial building3
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (37), and Owned: Owns outright (24).

Social rented: Rents from council or Local Authority37
Owned: Owns outright24
Private rented: Private landlord or letting agency21
Owned: Owns with a mortgage or loan20
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LU2 0LF have 2 people in household (27), and 1 person in household (23).

2 people in household27
1 person in household23
4 people in household18
3 people in household15
5 people in household12
7 people in household6
6 people in household4
0 people in household0
8 or more people in household0