Housing Market Analysis for LU2 7GP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU2 7GP 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 LU2 7GP

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

    AddressSold DatePrice% Change

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

    LU2 7GP Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £245,164 median price is £222,000 Standard Deviation is £144,817 with Total Sold: 995
      • The Last 5 Year average price is £465,492 with Total Sold: 136
      • The most recent sale happened at this postcode is , 55 LORIMER CLOSE: £400,000 (Sold on 05 Sep 2024)
      • The first recorded sale happened at this postcode is , 33 THE MAGPIES: £81,000 (Sold on 16 Jan 1995)
    • Semi-Detached
      • The average price is around £147,612 median price is £127,250 Standard Deviation is £84,142 with Total Sold: 876
      • The Last 5 Year average price is £318,170 with Total Sold: 69
      • The most recent sale happened at this postcode is , 8 FARMBROOK: £370,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 9 FARMBROOK: £67,500 (Sold on 27 Jan 1995)
    • Flat
      • The average price is around £184,027 median price is £190,000 Standard Deviation is £51,340 with Total Sold: 161
      • The Last 5 Year average price is £239,551 with Total Sold: 25
      • The most recent sale happened at this postcode is FLAT 14, BUSHMEAD COURT HANCOCK DRIVE: £205,000 (Sold on 08 Aug 2024)
      • The first recorded sale happened at this postcode is , 100 CROMER WAY: £47,500 (Sold on 28 Feb 1995)
    • Terraced
      • The average price is around £130,912 median price is £125,750 Standard Deviation is £69,054 with Total Sold: 1,534
      • The Last 5 Year average price is £247,191 with Total Sold: 152
      • The most recent sale happened at this postcode is , 43 MUIRFIELD: £220,000 (Sold on 01 Aug 2024)
      • The first recorded sale happened at this postcode is , 50 CHALKDOWN: £50,750 (Sold on 18 Jan 1995)
    • Other
      • The average price is around £956,600 median price is £433,000 Standard Deviation is £1,144,650 with Total Sold: 5
      • The Last 5 Year average price is £1,352,667 with Total Sold: 3
      • 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 UNIT 7B, BUSHMEAD SHOPPING CENTRE HANCOCK DRIVE: £5,000 (Sold on 03 Jan 2018)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£457,312 £3,882 8
    2023£532,450 £4,482 20
    2022£507,237 £4,573 19
    2021£453,580 £3,875 49
    2020£395,472 £3,686 18
    2019£455,363 £3,557 22
    2018£368,104 £3,484 24
    2017£419,396 £3,593 24
    2016£354,975 £3,388 22
    2015£348,295 £2,783 21
    2014£318,411 £2,701 29
    2013£272,742 £2,567 31
    2012£276,087 £2,567 23
    2011£245,547 £2,436 21
    2010£293,000 £2,498 19
    2009£256,250 £2,369 18
    2008£274,791 £2,461 24
    2007£289,308 £2,604 52
    2006£266,641 £2,414 39
    2005£265,148 £2,095 30
    2004£232,970 £2,363 34
    2003£219,940 £2,657 47
    2002£181,650 £1,787 56
    2001£142,899 £1,592 45
    2000£145,817 £1,460 39
    1999£125,700 £1,263 57
    1998£116,317 £1,171 44
    1997£96,776 £1,017 58
    1996£84,709 £904 60
    1995£88,426 £916 42
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£356,3336
    2023£346,542 £4,323 6
    2022£357,875 £4,475 12
    2021£295,421 £4,077 19
    2020£309,727 £3,751 11
    2019£294,800 £3,810 15
    2018£275,536 £3,771 14
    2017£255,095 £3,933 21
    2016£285,863 £3,604 11
    2015£241,909 £3,162 11
    2014£229,133 £2,542 15
    2013£188,916 £2,552 6
    2012£199,496 £2,442 13
    2011£179,600 £2,603 10
    2010£181,333 £2,588 24
    2009£170,393 £2,461 14
    2008£206,426 £2,564 21
    2007£189,764 £2,661 34
    2006£171,910 £2,501 39
    2005£163,419 £2,393 40
    2004£164,743 £2,324 44
    2003£148,432 £2,067 59
    2002£121,401 £1,799 53
    2001£107,779 £1,522 72
    2000£92,853 £1,432 41
    1999£79,989 £1,138 75
    1998£70,563 £1,074 41
    1997£68,143 £918 56
    1996£63,109 £932 48
    1995£63,638 £874 45
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£214,167 £3,036 3
    2023£229,468 £3,370 7
    2022£235,250 £3,075 4
    2021£244,500 £3,853 3
    2020£264,500 £3,192 2
    2019£256,083 £3,866 6
    2018£247,333 £3,557 6
    2017£230,262 £3,142 8
    2016£211,944 £2,847 9
    2015£179,417 £2,649 6
    2014£208,500 £2,860 8
    2013£203,700 £3,072 5
    2012£225,000 £3,275 3
    2011£212,500 £2,971 6
    2010£207,500 £3,063 2
    2009£211,250 £2,845 2
    2008£173,214 £2,594 7
    2007£185,625 £2,846 8
    2006£181,250 £2,735 8
    2005£173,286 £2,357 7
    2004£138,199 £2,202 5
    2003£135,158 £1,829 19
    2002£129,550 £1,855 23
    2001£121,000 £2,521 1
    1998£41,800 £570 1
    1995£46,750 £974 2
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£245,0007
    2023£261,771 £4,923 24
    2022£272,215 £4,769 27
    2021£249,099 £4,195 43
    2020£242,022 £3,882 23
    2019£212,427 £4,056 28
    2018£228,089 £4,101 35
    2017£230,543 £3,909 30
    2016£215,939 £3,676 45
    2015£191,427 £3,258 41
    2014£172,010 £2,795 44
    2013£154,243 £2,630 38
    2012£161,289 £2,507 37
    2011£155,644 £2,417 33
    2010£158,450 £2,518 40
    2009£134,826 £2,327 36
    2008£158,993 £2,808 21
    2007£161,905 £2,810 54
    2006£151,961 £2,562 71
    2005£142,923 £2,424 56
    2004£135,033 £2,273 79
    2003£126,404 £2,241 82
    2002£97,760 £1,752 99
    2001£83,889 £1,429 77
    2000£74,849 £1,335 71
    1999£60,427 £1,080 93
    1998£58,772 £1,007 81
    1997£52,807 £921 83
    1996£50,750 £875 77
    1995£51,267 £855 59
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£425,000 £3,972 1
    2022£433,000 £4,707 1
    2019£3,200,0001
    2018£362,500 £2,759 2

    House Type in LU2 7GP area

    The most common house types in the LU2 7GP postcode area are Terraced (74), Semi-detached (45), and Detached (21).

    Total141
    Terraced74
    Semi-detached45
    Detached21
    Flat1
    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 with a mortgage or loan (74), and Private rented: Private landlord or letting agency (37).

    Owned: Owns with a mortgage or loan74
    Private rented: Private landlord or letting agency37
    Owned: Owns outright26
    Private rented: Other private rented4
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the LU2 7GP have 2 people in household (48), and 3 people in household (32).

    2 people in household48
    3 people in household32
    4 people in household28
    1 person in household26
    5 people in household5
    8 or more people in household1
    0 people in household0
    6 people in household0
    7 people in household0