Housing Market Analysis for PRESTON GARDENS, LU2 7NL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £153,338 median price is £149,998 Standard Deviation is £67,154 with Total Sold: 22
- The Last 5 Year average price is £224,600 with Total Sold: 5
- The most recent sale happened at this postcode is 24 PRESTON GARDENS: £240,000 (Sold on 22 Mar 2024)
- The first recorded sale happened at this postcode is 16 PRESTON GARDENS: £47,500 (Sold on 04 Aug 1995)
Terraced
- The average price is around £147,436 median price is £140,000 Standard Deviation is £78,046 with Total Sold: 41
- The Last 5 Year average price is £249,389 with Total Sold: 9
- The most recent sale happened at this postcode is 20 PRESTON GARDENS: £245,000 (Sold on 25 Apr 2023)
- The first recorded sale happened at this postcode is 26 PRESTON GARDENS: £260,000 (Sold on 01 May 2024)
Detached
- The average price is around £225,333 median price is £242,000 Standard Deviation is £97,065 with Total Sold: 3
- The Last 5 Year average price is £335,000 with Total Sold: 1
- The most recent sale happened at this postcode is 17 PRESTON GARDENS: £335,000 (Sold on 30 Jan 2020)
- The first recorded sale happened at this postcode is 23 PRESTON GARDENS: £99,000 (Sold on 25 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 7NL 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	£240,000		1
2022	£160,000	£2,162	1
2021	£263,000	£2,740	1
2020	£220,000	£2,785	1
2019	£240,000	£3,077	1
2017	£204,000	£2,833	1
2014	£150,000	£2,027	1
2008	£187,249	£2,228	4
2007	£228,500		1
2005	£138,000		1
2004	£132,750	£1,771	2
2003	£50,000	£676	1
2002	£93,317	£1,204	3
2001	£91,000	£938	1
1997	£47,000	£627	1
1995	£47,500	£495	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£245,000	£3,616	1
2022	£307,333	£3,937	3
2021	£222,500	£3,179	1
2020	£195,000	£2,641	2
2019	£205,000	£2,770	1
2018	£245,000	£3,403	1
2017	£252,500	£3,367	2
2015	£154,950	£2,214	1
2014	£165,000	£2,200	2
2013	£142,000	£2,000	1
2012	£146,000	£1,762	2
2011	£127,000	£1,584	1
2010	£130,000	£1,806	1
2008	£142,000	£1,972	1
2007	£146,000	£2,179	1
2005	£141,000	£1,837	2
2004	£123,500	£1,847	2
2003	£117,250	£1,606	2
2002	£85,000	£1,222	3
2001	£81,735	£1,245	4
1999	£57,500		1
1998	£26,000	£361	1
1997	£46,250	£535	2
1996	£32,500	£597	2
2024	£260,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£335,000	£3,160	1
2008	£242,000		1
1996	£99,000		1

All the Sales in the PRESTON GARDENS, LU2 7NL

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

Address	Sold Date	Price	% Change
24 PRESTON GARDENSSemi-Detached, Freehold	22 Mar 2024	£240,000	17.65%
	18 Oct 2017	£204,000	36.00%
	17 Sep 2008	£149,995	17.64%
	30 Sep 2004	£127,500	First Sale
20 PRESTON GARDENSTerraced, FreeholdArea: 67.76 Sq.mtrAge: 1900-1929	25 Apr 2023	£245,000	110.30%
	21 Jul 2003	£116,500	35.47%
	24 Apr 2002	£86,000	First Sale
1 PRESTON GARDENSTerraced, FreeholdArea: 95.44 Sq.mtrAge: 1950-1966	22 Dec 2022	£326,000	108.97%
	30 Mar 2012	£156,000	71.43%
	18 Sep 2001	£91,000	First Sale
2 PRESTON GARDENSTerraced, FreeholdArea: 71 Sq.mtrAge: 1930-1949	15 Sep 2022	£316,000	First Sale
35 PRESTON GARDENSTerraced, FreeholdArea: 71 Sq.mtrAge: 1930-1949	21 Jul 2022	£280,000	97.18%
	30 Sep 2013	£142,000	255.00%
	24 May 1996	£40,000	First Sale
4 PRESTON GARDENSSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	22 Mar 2022	£160,000	6.67%
	10 Sep 2014	£150,000	200.00%
	12 Nov 2003	£50,000	First Sale
31 PRESTON GARDENSTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	28 May 2021	£222,500	43.59%
	28 Jan 2015	£154,950	First Sale
16 PRESTON GARDENSSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	24 Mar 2021	£263,000	453.68%
	04 Aug 1995	£47,500	First Sale
14 PRESTON GARDENSSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	05 Oct 2020	£220,000	First Sale
33 PRESTON GARDENSTerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	03 Jul 2020	£205,000	44.37%
	30 Jun 2008	£142,000	First Sale
17 PRESTON GARDENSDetached, FreeholdArea: 106 Sq.mtrAge: 1967-1975	30 Jan 2020	£335,000	First Sale
10 PRESTON GARDENSTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	20 Jan 2020	£185,000	First Sale
6 PRESTON GARDENSSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-1949	13 Dec 2019	£240,000	182.52%
	24 May 2002	£84,950	First Sale
34 PRESTON GARDENSTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	26 Sep 2019	£205,000	44.37%
	24 Nov 2005	£142,000	20.34%
	27 Jun 2003	£118,000	First Sale
25 PRESTON GARDENSTerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	20 Jul 2018	£245,000	80.15%
	21 Dec 2012	£136,000	4.62%
	16 Aug 2010	£130,000	400.00%
	07 Jul 1998	£26,000	First Sale
8 PRESTON GARDENSTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	14 Dec 2017	£261,000	45.00%
	06 May 2014	£180,000	1.12%
	12 Mar 2008	£178,000	73.66%
	10 Jul 2002	£102,500	118.09%
	10 Jan 1997	£47,000	First Sale
12 PRESTON GARDENSTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	24 Mar 2017	£244,000	First Sale
40 PRESTON GARDENSTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	21 Jul 2014	£150,000	28.21%
	03 Mar 2004	£117,000	46.34%
	04 May 2001	£79,950	First Sale
38 PRESTON GARDENSTerraced, FreeholdArea: 80.16 Sq.mtrAge: 1930-1949	16 Dec 2011	£127,000	First Sale
23 PRESTON GARDENSDetached, Freehold	21 Nov 2008	£242,000	144.44%
23 PRESTON GARDENSDetached, Freehold	25 Oct 1996	£99,000	First Sale
7 PRESTON GARDENSSemi-Detached, Freehold	30 Apr 2008	£171,000	23.91%
7 PRESTON GARDENSSemi-Detached, Freehold	29 Sep 2004	£138,000	First Sale
15 PRESTON GARDENSSemi-Detached, Freehold	15 Feb 2008	£250,000	First Sale
13 PRESTON GARDENSSemi-Detached, Freehold	30 Aug 2007	£228,500	First Sale
30 PRESTON GARDENSTerraced, FreeholdArea: 67 Sq.mtrAge: 1930-1949	21 May 2007	£146,000	92.12%
	19 Apr 2001	£75,995	First Sale
5 PRESTON GARDENSTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	07 Apr 2005	£140,000	First Sale
11 PRESTON GARDENSSemi-Detached, Freehold	07 Jan 2005	£138,000	First Sale
37 PRESTON GARDENSTerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	07 May 2004	£130,000	First Sale
9 PRESTON GARDENSSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	05 Jul 2002	£92,500	First Sale
36 PRESTON GARDENSTerraced, FreeholdArea: 65.14 Sq.mtrAge: 1930-1949	01 Jul 2002	£84,000	First Sale
28 PRESTON GARDENSTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	24 May 2002	£85,000	123.68%
	21 Feb 1997	£38,000	First Sale
44 PRESTON GARDENSTerraced, Freehold	20 Dec 2001	£84,000	46.09%
44 PRESTON GARDENSTerraced, Freehold	06 Aug 1999	£57,500	First Sale
18 PRESTON GARDENSTerraced, Freehold	27 Jul 2001	£86,995	59.62%
18 PRESTON GARDENSTerraced, Freehold	21 Aug 1997	£54,500	First Sale
32 PRESTON GARDENSTerraced, Freehold	31 Jan 1996	£25,000	First Sale
26 PRESTON GARDENSTerraced, Freehold	01 May 2024	£260,000	First Sale

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

PRESTON GARDENS, LU2 7NL Near By properties

Interactive Map

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

Flat
- The average price is around £99,560 median price is £97,500 Standard Deviation is £54,320 with Total Sold: 906
- The Last 5 Year average price is £170,856 with Total Sold: 154
- The most recent sale happened at this postcode is , 69 HEYWOOD DRIVE: £100,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is FLAT A, 195 HIGH TOWN ROAD: £15,000 (Sold on 20 Feb 1995)
Semi-Detached
- The average price is around £165,502 median price is £155,000 Standard Deviation is £90,548 with Total Sold: 1,843
- The Last 5 Year average price is £296,794 with Total Sold: 285
- The most recent sale happened at this postcode is , 11 BOTANICAL GROVE: £372,000 (Sold on 06 Sep 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 £132,185 median price is £125,000 Standard Deviation is £76,080 with Total Sold: 1,994
- The Last 5 Year average price is £245,654 with Total Sold: 284
- 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)
Detached
- The average price is around £234,206 median price is £205,000 Standard Deviation is £139,726 with Total Sold: 193
- The Last 5 Year average price is £436,130 with Total Sold: 23
- The most recent sale happened at this postcode is , 23 BOTANICAL GROVE: £600,000 (Sold on 04 Aug 2023)
- The first recorded sale happened at this postcode is , 138 STOCKINGSTONE ROAD: £83,765 (Sold on 06 Jan 1995)
Other
- The average price is around £508,269 median price is £250,000 Standard Deviation is £682,850 with Total Sold: 37
- The Last 5 Year average price is £362,570 with Total Sold: 21
- The most recent sale happened at this postcode is , 103 RIDGWAY ROAD: £10,000 (Sold on 31 May 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,375		4
2023	£161,304	£3,272	23
2022	£173,847	£2,858	16
2021	£172,142	£3,552	60
2020	£181,450	£3,333	36
2019	£162,810	£3,073	15
2018	£141,875	£3,368	18
2017	£142,780	£3,132	25
2016	£132,756	£2,794	37
2015	£113,309	£2,314	34
2014	£108,920	£2,169	35
2013	£97,516	£2,005	24
2012	£85,522	£2,031	9
2011	£90,846	£1,902	13
2010	£101,949	£2,001	20
2009	£93,564	£1,993	7
2008	£120,978	£2,317	26
2007	£128,085	£2,334	59
2006	£109,325	£2,331	40
2005	£102,789	£2,219	25
2004	£98,770	£2,110	47
2003	£83,537	£1,733	40
2002	£69,048	£1,465	44
2001	£51,609	£1,060	61
2000	£44,122	£907	48
1999	£36,505	£708	42
1998	£30,871	£641	33
1997	£26,236	£559	22
1996	£24,880	£558	23
1995	£28,490	£589	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,912	£3,859	17
2023	£321,731	£3,821	43
2022	£319,422	£3,774	59
2021	£291,724	£3,499	58
2020	£268,096	£3,111	47
2019	£276,148	£3,151	61
2018	£292,705	£3,057	38
2017	£271,520	£3,149	58
2016	£253,662	£3,107	49
2015	£237,384	£2,637	65
2014	£202,467	£2,228	77
2013	£179,854	£2,045	48
2012	£163,871	£1,865	37
2011	£161,792	£1,840	37
2010	£160,989	£1,888	48
2009	£149,732	£1,771	42
2008	£176,548	£2,126	45
2007	£171,987	£2,097	97
2006	£159,772	£2,055	80
2005	£149,580	£1,884	68
2004	£145,711	£1,730	80
2003	£127,888	£1,539	76
2002	£108,830	£1,275	112
2001	£93,280	£1,046	82
2000	£83,859	£953	77
1999	£72,171	£776	79
1998	£60,524	£731	84
1997	£57,278	£624	64
1996	£51,303	£595	59
1995	£47,941	£565	56

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,370	£3,360	23
2023	£262,122	£3,414	41
2022	£274,574	£3,538	59
2021	£238,438	£2,969	64
2020	£212,773	£2,887	45
2019	£226,260	£2,971	52
2018	£230,712	£2,912	47
2017	£252,460	£3,214	46
2016	£208,133	£2,754	71
2015	£184,306	£2,497	70
2014	£151,282	£2,034	85
2013	£136,678	£1,780	46
2012	£136,667	£1,694	27
2011	£136,120	£1,706	25
2010	£138,290	£1,723	31
2009	£130,911	£1,595	31
2008	£147,833	£1,958	36
2007	£147,860	£1,994	81
2006	£144,413	£1,859	96
2005	£131,991	£1,798	77
2004	£128,184	£1,723	96
2003	£117,506	£1,549	100
2002	£89,241	£1,203	125
2001	£74,240	£965	111
2000	£63,363	£837	103
1999	£52,194	£689	106
1998	£43,709	£578	85
1997	£41,830	£539	78
1996	£38,136	£487	78
1995	£39,020	£511	59

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£545,000	£4,298	2
2022	£515,143	£3,755	7
2021	£313,000	£3,753	5
2020	£431,000	£3,451	5
2019	£403,750	£3,264	4
2018	£310,625	£3,133	8
2017	£396,429	£3,160	7
2016	£404,875	£3,564	4
2015	£251,167	£2,600	6
2014	£214,375	£2,596	4
2013	£185,900	£2,233	5
2012	£209,750	£2,393	4
2011	£180,286	£1,621	7
2010	£253,833	£1,993	6
2009	£125,000	£1,765	1
2008	£245,555	£2,349	9
2007	£313,523	£2,345	11
2006	£253,764	£2,272	14
2005	£262,024	£2,129	11
2004	£237,281	£1,943	8
2003	£166,624	£1,760	8
2002	£155,571	£1,558	7
2001	£130,229	£1,114	12
2000	£105,486	£933	4
1999	£93,332	£892	13
1998	£89,750	£747	4
1997	£93,500	£584	3
1996	£68,610	£729	10
1995	£77,691	£659	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£400,825	£5,483	4
2022	£420,000		1
2021	£373,417	£4,090	6
2020	£270,158	£3,846	6
2019	£432,303	£11,111	4
2018	£712,500	£3,036	6
2017	£186,663		3
2016	£1,877,333	£22,704	3
2015	£374,999	£5,952	1
2014	£116,667	£1,264	3

House Type in LU2 7NL area

The most common house types in the LU2 7NL postcode area are Semi-detached (71), Terraced (55), and Detached (16).

Total	150
Semi-detached	71
Terraced	55
Detached	16
Flat	3
commercial building	3
Shared house	2
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (63), and Owned: Owns with a mortgage or loan (43).

Private rented: Private landlord or letting agency	63
Owned: Owns with a mortgage or loan	43
Owned: Owns outright	42
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LU2 7NL have 2 people in household (40), and 1 person in household (35).

2 people in household	40
1 person in household	35
3 people in household	33
4 people in household	23
5 people in household	12
6 people in household	5
7 people in household	3
8 or more people in household	1
0 people in household	0