Housing Market Analysis for SOMERSET AVENUE, LU2 0PJ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £184,737 median price is £171,000 Standard Deviation is £92,733 with Total Sold: 45
- The Last 5 Year average price is £323,375 with Total Sold: 8
- 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)
Terraced
- The average price is around £170,432 median price is £169,500 Standard Deviation is £85,345 with Total Sold: 26
- The Last 5 Year average price is £293,260 with Total Sold: 5
- The most recent sale happened at this postcode is 25 SOMERSET AVENUE: £375,000 (Sold on 25 Nov 2022)
- The first recorded sale happened at this postcode is 26 SOMERSET AVENUE: £280,000 (Sold on 18 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 0PJ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£347,000		1
2023	£321,000	£4,067	2
2022	£343,000	£4,035	1
2021	£322,000	£3,742	2
2020	£305,500	£3,470	2
2018	£322,500	£3,830	2
2017	£275,000	£3,438	1
2016	£312,500	£3,255	1
2013	£155,500	£1,829	2
2012	£158,250	£1,888	2
2011	£180,000	£2,155	1
2010	£231,500	£1,962	1
2009	£149,750	£1,756	2
2008	£195,000	£2,225	2
2007	£174,500	£2,224	5
2006	£141,148	£538	3
2003	£200,000	£1,695	1
2002	£124,447	£1,525	5
2001	£96,000	£1,352	1
2000	£99,500	£955	2
1999	£61,998	£747	2
1998	£68,500	£884	2
1995	£45,500	£484	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£375,000	£4,518	1
2021	£263,500	£3,195	2
2020	£284,300	£3,425	1
2019	£250,000	£3,333	1
2017	£265,000	£3,630	1
2015	£212,498	£2,538	2
2014	£169,000	£2,253	1
2012	£140,000	£2,059	1
2011	£170,000	£1,848	1
2009	£146,000		1
2008	£125,000	£1,667	1
2007	£181,498	£2,571	2
2006	£163,500	£2,134	2
2002	£125,000	£1,506	1
2000	£83,000	£830	3
1998	£59,950		1
1997	£59,000	£711	1
1995	£46,000	£500	2
2023	£280,000		1

All the Sales in the SOMERSET AVENUE, LU2 0PJ

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

Address	Sold Date	Price	% Change
33 SOMERSET AVENUESemi-Detached, Freehold	22 Aug 2024	£347,000	204.39%
	06 Jun 2002	£114,000	54.05%
	27 Aug 1999	£74,000	First Sale
39 SOMERSET AVENUESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	06 Sep 2023	£320,000	280.95%
	13 Mar 2000	£84,000	68.02%
	25 May 1999	£49,995	16.27%
	12 Jan 1995	£43,000	First Sale
2 SOMERSET AVENUESemi-Detached, FreeholdArea: 71.6 Sq.mtrAge: 1930-1949	30 Jun 2023	£322,000	84.53%
	21 Aug 2007	£174,500	First Sale
25 SOMERSET AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1930-1949	25 Nov 2022	£375,000	31.90%
	30 Jan 2020	£284,300	57.94%
	15 Feb 2006	£180,000	44.00%
	21 Jun 2002	£125,000	111.86%
	07 Jul 1997	£59,000	First Sale
17 SOMERSET AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	06 May 2022	£343,000	16.27%
	09 Aug 2018	£295,000	65.27%
	05 Aug 2013	£178,500	34.72%
	12 Feb 2013	£132,500	38.02%
	30 Apr 2001	£96,000	First Sale
48 SOMERSET AVENUESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1930-1949	15 Dec 2021	£331,000	589.58%
	06 Jan 1995	£48,000	First Sale
14 SOMERSET AVENUETerraced, FreeholdArea: 87.56 Sq.mtrAge: 1930-1949	16 Mar 2021	£262,000	19.09%
	13 Feb 2015	£219,995	31.34%
	23 Feb 2012	£167,500	26.89%
	22 Dec 2009	£132,000	First Sale
8 SOMERSET AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	22 Jan 2021	£265,000	307.69%
	27 Oct 2000	£65,000	First Sale
3 SOMERSET AVENUESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	20 Jan 2021	£313,000	170.44%
	15 May 2002	£115,736	75.36%
	28 Sep 1998	£66,000	First Sale
7 SOMERSET AVENUESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	27 Mar 2020	£335,000	7.20%
	27 May 2016	£312,500	First Sale
37 SOMERSET AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	14 Feb 2020	£276,000	85.23%
	07 Dec 2012	£149,000	-16.29%
	23 May 2008	£178,000	First Sale
20 SOMERSET AVENUETerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	28 Jan 2019	£250,000	47.93%
	31 Oct 2014	£169,000	35.20%
	01 May 2008	£125,000	First Sale
42 SOMERSET AVENUESemi-Detached, FreeholdArea: 83.54 Sq.mtrAge: 1950-1966	14 Dec 2018	£350,000	94.44%
	09 Dec 2011	£180,000	7.46%
	05 May 2009	£167,500	First Sale
15 SOMERSET AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	06 Oct 2017	£275,000	114.01%
	05 Jul 2002	£128,500	80.99%
	27 Feb 1998	£71,000	First Sale
29 SOMERSET AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	22 May 2017	£265,000	First Sale
36 SOMERSET AVENUETerraced, FreeholdArea: 80 Sq.mtrAge: 1930-1949	04 Sep 2015	£205,000	First Sale
30 SOMERSET AVENUETerraced, FreeholdArea: 68 Sq.mtrAge: 1930-1949	06 Mar 2012	£140,000	First Sale
34 SOMERSET AVENUETerraced, FreeholdArea: 92 Sq.mtrAge: 1930-1949	19 Dec 2011	£170,000	123.68%
	28 Jan 2000	£76,000	First Sale
52 SOMERSET AVENUESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1930-1949	22 Jul 2010	£231,500	264.57%
	30 Jun 2006	£63,500	-68.25%
	16 Oct 2003	£200,000	First Sale
18 SOMERSET AVENUETerraced, Freehold	10 Sep 2009	£146,000	First Sale
1 SOMERSET AVENUESemi-Detached, Freehold	29 Feb 2008	£212,000	11.58%
1 SOMERSET AVENUESemi-Detached, Freehold	13 Jun 2006	£189,995	First Sale
44 SOMERSET AVENUESemi-Detached, Freehold	12 Oct 2007	£188,000	First Sale
11 SOMERSET AVENUESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	31 Aug 2007	£199,000	42.14%
	09 Mar 2007	£140,000	First Sale
6 SOMERSET AVENUETerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	06 Jul 2007	£179,995	22.45%
	02 Aug 2006	£147,000	First Sale
22 SOMERSET AVENUETerraced, Freehold	02 Apr 2007	£183,000	69.44%
22 SOMERSET AVENUETerraced, Freehold	29 Jun 2000	£108,000	First Sale
46 SOMERSET AVENUESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	23 Mar 2007	£171,000	First Sale
31 SOMERSET AVENUESemi-Detached, Freehold	07 Aug 2006	£169,950	24.05%
31 SOMERSET AVENUESemi-Detached, Freehold	01 Nov 2002	£137,000	First Sale
13 SOMERSET AVENUESemi-Detached, Freehold	01 Aug 2002	£127,000	First Sale
9 SOMERSET AVENUESemi-Detached, Freehold	20 Dec 2000	£115,000	First Sale
38 SOMERSET AVENUETerraced, Freehold	07 Aug 1998	£59,950	First Sale
16 SOMERSET AVENUETerraced, Freehold	11 Dec 1995	£57,000	First Sale
12 SOMERSET AVENUETerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	30 Aug 1995	£35,000	First Sale
26 SOMERSET AVENUETerraced, Freehold	18 Dec 2023	£280,000	First Sale

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

SOMERSET AVENUE, LU2 0PJ Near By properties

Interactive Map

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

Terraced
- The average price is around £136,002 median price is £130,000 Standard Deviation is £76,289 with Total Sold: 1,251
- The Last 5 Year average price is £261,252 with Total Sold: 139
- 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 £159,970 median price is £150,000 Standard Deviation is £86,205 with Total Sold: 2,043
- The Last 5 Year average price is £298,803 with Total Sold: 253
- 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)
Flat
- The average price is around £109,734 median price is £105,500 Standard Deviation is £60,256 with Total Sold: 440
- The Last 5 Year average price is £182,856 with Total Sold: 80
- 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 2, HILARY COURT HITCHIN ROAD: £13,500 (Sold on 03 Mar 1995)
Detached
- The average price is around £196,112 median price is £180,000 Standard Deviation is £100,280 with Total Sold: 202
- The Last 5 Year average price is £334,550 with Total Sold: 20
- 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 , 55 STEPHENS CLOSE: £65,000 (Sold on 09 May 1995)
Other
- The average price is around £556,821 median price is £275,000 Standard Deviation is £760,639 with Total Sold: 21
- The Last 5 Year average price is £291,493 with Total Sold: 7
- The most recent sale happened at this postcode is , 233 CRAWLEY GREEN ROAD: £261,500 (Sold on 22 Dec 2023)
- The first recorded sale happened at this postcode is UNIT 4, GREENWOOD COURT RAMRIDGE ROAD: £140,000 (Sold on 30 Jun 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,412	£3,352	17
2023	£280,904	£3,482	26
2022	£281,494	£3,539	33
2021	£244,329	£2,942	38
2020	£224,752	£2,944	25
2019	£233,472	£2,978	36
2018	£237,379	£2,863	33
2017	£255,092	£3,140	27
2016	£212,292	£2,749	41
2015	£188,301	£2,437	43
2014	£159,462	£2,088	54
2013	£135,508	£1,760	25
2012	£140,432	£1,779	22
2011	£146,235	£1,763	21
2010	£141,618	£1,841	17
2009	£129,795	£1,521	22
2008	£153,278	£1,916	27
2007	£151,344	£1,923	54
2006	£147,096	£1,853	54
2005	£135,486	£1,826	53
2004	£127,271	£1,758	58
2003	£123,640	£1,495	57
2002	£91,984	£1,197	75
2001	£77,274	£970	75
2000	£66,581	£845	61
1999	£54,636	£701	76
1998	£46,242	£619	51
1997	£43,736	£556	54
1996	£37,791	£482	46
1995	£41,504	£533	30

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,070	£3,734	20
2023	£313,310	£3,671	50
2022	£320,582	£3,881	52
2021	£296,708	£3,463	84
2020	£261,202	£3,140	47
2019	£262,464	£3,183	46
2018	£289,372	£3,224	43
2017	£265,121	£3,238	66
2016	£255,856	£3,099	59
2015	£220,129	£2,582	58
2014	£182,441	£2,172	78
2013	£171,205	£2,017	61
2012	£161,569	£1,931	40
2011	£155,931	£1,866	51
2010	£156,362	£1,876	54
2009	£145,349	£1,805	43
2008	£169,489	£1,961	51
2007	£169,773	£2,099	94
2006	£156,170	£1,939	87
2005	£151,341	£1,823	73
2004	£148,367	£1,764	89
2003	£128,378	£1,520	92
2002	£107,157	£1,282	143
2001	£93,728	£1,061	85
2000	£83,494	£998	88
1999	£68,425	£790	96
1998	£61,523	£728	92
1997	£55,492	£645	90
1996	£50,181	£579	53
1995	£48,090	£582	58

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,500		2
2023	£166,143	£3,317	7
2022	£180,500	£3,090	5
2021	£187,787	£3,719	41
2020	£184,348	£3,360	25
2019	£186,333	£2,835	9
2018	£152,773	£3,143	11
2017	£152,450	£3,225	10
2016	£136,400	£2,715	20
2015	£127,708	£2,590	12
2014	£115,216	£2,183	15
2013	£109,928	£1,991	14
2012	£115,500	£1,634	2
2011	£91,833	£1,671	6
2010	£111,166	£1,948	12
2009	£109,000	£2,301	3
2008	£141,964	£2,180	16
2007	£142,526	£2,296	32
2006	£117,056	£2,141	18
2005	£104,650	£2,014	10
2004	£98,500	£2,052	24
2003	£80,059	£1,489	16
2002	£63,549	£1,265	19
2001	£48,877	£995	28
2000	£40,304	£805	17
1999	£36,322	£706	20
1998	£28,671	£570	16
1997	£22,044	£508	10
1996	£22,177	£419	11
1995	£28,911	£556	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£358,750	£5,000	2
2023	£320,000	£3,440	2
2022	£363,714	£4,188	7
2021	£278,750	£3,886	4
2020	£334,500	£3,171	5
2019	£371,643	£3,282	7
2018	£315,214	£3,695	7
2017	£321,300	£3,554	5
2016	£282,875	£3,785	8
2015	£255,875	£2,576	8
2014	£220,062	£2,759	8
2013	£206,438	£2,390	8
2012	£181,667	£2,133	3
2011	£189,000	£1,637	4
2010	£206,500	£2,037	6
2009	£156,250	£2,171	4
2008	£215,541	£2,307	12
2007	£250,125	£2,413	8
2006	£192,812	£2,189	4
2005	£194,643	£2,155	7
2004	£210,850	£2,356	5
2003	£132,000	£1,728	5
2002	£137,088	£1,661	13
2001	£120,763	£1,184	15
2000	£97,142	£948	7
1999	£88,853	£1,010	14
1998	£73,642	£824	7
1997	£72,750	£677	8
1996	£66,800	£696	5
1995	£59,425	£725	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£190,500	£3,476	3
2021	£517,000	£6,398	2
2020	£217,475	£2,102	2
2019	£743,902	£11,111	2
2018	£675,000	£3,036	5
2017	£258,748	£3,519	4
2016	£1,807,500	£2,143	2
2014	£140,000		1

House Type in LU2 0PJ area

The most common house types in the LU2 0PJ postcode area are Semi-detached (66), Terraced (34), and Detached (9).

Total	120
Semi-detached	66
Terraced	34
Detached	9
Flat	7
Shared house	3
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (47), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan	47
Owned: Owns outright	38
Private rented: Private landlord or letting agency	24
Private rented: Other private rented	6
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU2 0PJ have 2 people in household (34), and 1 person in household (24).

2 people in household	34
1 person in household	24
3 people in household	23
4 people in household	20
5 people in household	11
6 people in household	3
8 or more people in household	2
0 people in household	0
7 people in household	0