Housing Market Analysis for BINHAM CLOSE, LU2 7AR

Are you looking to understand LU2 7AR 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 7AR area, explore the LU2 7AR Area information page.
For comprehensive crime statistics in the LU2 7AR area, explore the LU2 7AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU2 7AR postcode area, The average prices are as follows,

  • Detached
    • The average price is around £265,805 median price is £257,498 Standard Deviation is £98,569 with Total Sold: 18
    • The Last 5 Year average price is £386,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 16 BINHAM CLOSE: £350,000 (Sold on 04 Jun 2021)
    • The first recorded sale happened at this postcode is 11 BINHAM CLOSE: £382,000 (Sold on 14 Mar 2024)
  • Semi-Detached
    • The average price is around £137,500 median price is £137,500 Standard Deviation is £22,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 BINHAM CLOSE: £160,000 (Sold on 30 May 2001)
    • The first recorded sale happened at this postcode is 12 BINHAM CLOSE: £115,000 (Sold on 06 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 7AR 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£377,500 £3,958 2
2020£410,000 £3,796 1
2016£367,500 £3,805 2
2015£305,000 £3,812 1
2012£238,500 £2,839 1
2011£250,000 £2,621 1
2010£235,000 £2,956 1
2009£288,000 £2,683 1
2005£264,9951
2003£213,500 £2,616 2
2000£161,000 £1,342 1
1998£128,000 £1,067 1
1997£99,995 £833 1
1995£105,000 £981 1
2024£382,000 £3,745 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£160,0001
1998£115,0001

All the Sales in the BINHAM CLOSE, LU2 7AR

See the table below for more details on the sold house prices in the LU2 7AR, Luton postcode.

AddressSold DatePrice% Change
16 BINHAM CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 1976-198204 Jun 2021£350,000First Sale
10 BINHAM CLOSEDetached, FreeholdArea: 108 Sq.mtrAge: 1983-199008 Jan 2021£405,000-1.22%
24 Jul 2020£410,000First Sale
8 BINHAM CLOSEDetached, FreeholdArea: 79.5 Sq.mtrAge: 1991-199517 Nov 2016£350,00048.94%
19 Feb 2010£235,00012.98%
17 Oct 2003£208,000First Sale
3 BINHAM CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1976-198225 May 2016£385,000139.13%
31 Mar 2000£161,00025.78%
15 May 1998£128,00028.01%
21 Mar 1997£99,995First Sale
15 BINHAM CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 1976-198221 Dec 2015£305,000First Sale
13 BINHAM CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 1976-198205 Oct 2012£238,500First Sale
6 BINHAM CLOSEDetached, FreeholdArea: 95.38 Sq.mtrAge: 1976-198224 Jun 2011£250,000First Sale
1 BINHAM CLOSEDetached, FreeholdArea: 107.36 Sq.mtrAge: 1976-198202 Dec 2009£288,000First Sale
7 BINHAM CLOSEDetached, Freehold01 Apr 2005£264,99521.00%
03 Sep 2003£219,000First Sale
12 BINHAM CLOSESemi-Detached, Freehold30 May 2001£160,00039.13%
06 Aug 1998£115,000First Sale
18 BINHAM CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 1983-199031 Mar 1995£105,000First Sale
11 BINHAM CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1983-199014 Mar 2024£382,000First Sale

Check out the sold house prices near the LU2 7AR postcode. Properties currently for saleProperties currently for rent

BINHAM CLOSE, LU2 7AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU2 7AR 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 7AR postcode.

  • Terraced
    • The average price is around £129,283 median price is £123,000 Standard Deviation is £72,794 with Total Sold: 841
    • The Last 5 Year average price is £246,121 with Total Sold: 73
    • The most recent sale happened at this postcode is , 82 GLENFIELD ROAD: £205,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 50 CHALKDOWN: £50,750 (Sold on 18 Jan 1995)
  • Flat
    • The average price is around £82,458 median price is £85,500 Standard Deviation is £42,484 with Total Sold: 96
    • The Last 5 Year average price is £143,429 with Total Sold: 14
    • The most recent sale happened at this postcode is , 62 ENDERBY ROAD: £159,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 54 GLENFIELD ROAD: £17,000 (Sold on 24 Jan 1995)
  • Semi-Detached
    • The average price is around £165,221 median price is £155,000 Standard Deviation is £89,525 with Total Sold: 789
    • The Last 5 Year average price is £319,828 with Total Sold: 80
    • The most recent sale happened at this postcode is , 89 LINKS WAY: £350,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 FARMBROOK: £67,500 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £272,460 median price is £250,000 Standard Deviation is £142,578 with Total Sold: 957
    • The Last 5 Year average price is £457,567 with Total Sold: 140
    • The most recent sale happened at this postcode is , 16 CROMER WAY: £367,500 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 21 BLAKENEY DRIVE: £72,000 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £1,843,180 median price is £140,000 Standard Deviation is £2,614,760 with Total Sold: 9
    • The Last 5 Year average price is £3,279,324 with Total Sold: 5
    • The most recent sale happened at this postcode is , 34 BROADACRES: £425,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , 68 BIRDSFOOT LANE: £10,000 (Sold on 30 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£199,5002
2023£252,931 £4,680 13
2022£255,833 £4,620 15
2021£250,580 £4,146 28
2020£228,400 £4,000 15
2019£209,200 £3,669 15
2018£220,225 £3,799 36
2017£227,738 £3,850 21
2016£215,023 £3,646 32
2015£181,200 £3,081 25
2014£174,065 £2,779 23
2013£155,309 £2,626 17
2012£151,930 £2,645 15
2011£151,429 £2,196 14
2010£139,088 £2,508 17
2009£130,664 £2,345 21
2008£150,653 £2,684 15
2007£157,912 £2,822 25
2006£145,930 £2,508 43
2005£131,646 £2,277 29
2004£128,255 £2,260 38
2003£124,242 £2,212 35
2002£91,886 £1,736 52
2001£74,652 £1,381 42
2000£71,112 £1,305 42
1999£56,238 £1,056 46
1998£52,835 £992 49
1997£50,306 £880 47
1996£46,153 £842 39
1995£52,907 £811 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,5002
2022£146,250 £3,748 4
2021£137,200 £3,113 5
2020£136,667 £3,755 3
2019£119,000 £2,479 1
2017£99,000 £3,808 2
2016£116,667 £3,274 3
2015£104,499 £1,960 4
2014£112,500 £2,731 3
2013£92,875 £1,924 4
2012£77,800 £1,729 1
2011£88,833 £2,325 3
2010£92,500 £1,564 2
2008£95,125 £2,409 4
2007£126,625 £2,799 4
2006£98,399 £2,582 5
2005£82,249 £1,817 4
2004£81,333 £2,169 3
2003£73,750 £1,614 2
2002£54,927 £1,242 7
2001£55,406 £1,201 8
2000£37,248 £1,122 2
1999£32,416 £725 6
1998£27,549 £726 4
1997£19,667 £822 3
1996£26,9173
1995£34,625 £810 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,0006
2023£343,054 £4,655 14
2022£331,000 £4,421 14
2021£331,217 £4,125 23
2020£282,239 £3,750 23
2019£268,767 £3,758 15
2018£277,864 £3,969 25
2017£280,057 £3,898 19
2016£260,583 £3,627 18
2015£232,538 £3,324 13
2014£216,222 £2,612 20
2013£182,097 £2,648 16
2012£190,897 £2,467 15
2011£176,062 £2,462 16
2010£184,905 £2,405 21
2009£165,522 £2,564 23
2008£181,699 £2,294 10
2007£193,979 £2,754 39
2006£175,166 £2,502 42
2005£163,758 £2,336 31
2004£167,848 £2,213 37
2003£148,763 £2,131 43
2002£114,531 £1,754 47
2001£105,349 £1,508 48
2000£92,890 £1,370 40
1999£77,863 £1,079 45
1998£73,140 £1,033 39
1997£64,640 £861 32
1996£54,241 £803 30
1995£60,869 £788 25
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£470,050 £3,818 10
2023£475,979 £4,214 24
2022£500,731 £4,358 26
2021£456,787 £3,926 52
2020£398,696 £3,550 28
2019£411,863 £3,679 22
2018£374,239 £3,613 23
2017£425,460 £3,832 25
2016£392,822 £3,579 38
2015£336,863 £2,902 35
2014£315,169 £2,661 27
2013£301,189 £2,451 29
2012£315,326 £2,485 23
2011£282,478 £2,402 23
2010£276,277 £2,476 18
2009£262,425 £2,202 20
2008£307,025 £2,644 20
2007£317,188 £2,530 37
2006£264,410 £2,379 50
2005£255,884 £2,220 26
2004£251,627 £2,278 27
2003£253,557 £2,040 35
2002£225,313 £1,928 46
2001£172,627 £1,422 44
2000£148,596 £1,266 30
1999£137,587 £1,274 40
1998£123,880 £1,203 42
1997£110,206 £1,015 60
1996£89,905 £831 43
1995£100,786 £851 34
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£3,962,500 £3,972 2
2020£2,823,8733
2018£41,000 £505 1
2017£70,500 £1,597 2
2013£10,0001

House Type in LU2 7AR area

The most common house types in the LU2 7AR postcode area are Detached (125), Semi-detached (6), and Terraced (1).

Total132
Detached125
Semi-detached6
Terraced1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright74
Owned: Owns with a mortgage or loan50
Private rented: Private landlord or letting agency3
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
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 7AR have 2 people in household (50), and 1 person in household (22).

2 people in household50
1 person in household22
3 people in household20
4 people in household18
5 people in household11
6 people in household5
7 people in household1
0 people in household0
8 or more people in household0