Housing Market Analysis for HANCOCK DRIVE, LU2 7SF

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £173,400 median price is £170,000 Standard Deviation is £23,093 with Total Sold: 14
    • The Last 5 Year average price is £218,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, THE BALCONY HANCOCK DRIVE: £210,000 (Sold on 11 Mar 2022)
    • The first recorded sale happened at this postcode is 4, THE BALCONY HANCOCK DRIVE: £165,000 (Sold on 19 Dec 2014)
  • Other
    • The average price is around £1,602,500 median price is £1,602,500 Standard Deviation is £1,597,500 with Total Sold: 2
    • The Last 5 Year average price is £3,200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 5, BUSHMEAD CENTRE HANCOCK DRIVE: £3,200,000 (Sold on 17 Jul 2019)
    • 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:

Below table and chart gives the average LU2 7SF 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£218,000 £2,412 2
2018£190,000 £3,016 1
2017£179,050 £2,169 2
2016£170,500 £2,054 4
2015£149,126 £2,154 4
2014£165,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£3,200,0001
2018£5,0001

All the Sales in the HANCOCK DRIVE, LU2 7SF

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

AddressSold DatePrice% Change
3, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 78 Sq.mtrAge: 1967-197511 Mar 2022£210,00027.27%
01 Feb 2016£165,000First Sale
7, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 106 Sq.mtrAge: 1983-199014 Jan 2022£226,00027.68%
02 Sep 2016£177,000First Sale
UNIT 5, BUSHMEAD CENTRE HANCOCK DRIVEOther, Freehold17 Jul 2019£3,200,000First Sale
2, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1983-199002 Mar 2018£190,00026.67%
25 Sep 2015£150,000First Sale
UNIT 7B, BUSHMEAD SHOPPING CENTRE HANCOCK DRIVEOther, Leasehold03 Jan 2018£5,000First Sale
1A, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 72.5 Sq.mtrAge: 1983-199012 May 2017£178,100First Sale
1B, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 95.7 Sq.mtrAge: 1983-199010 Mar 2017£180,000First Sale
8, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 81.78 Sq.mtrAge: 1983-199002 Sep 2016£170,000First Sale
5, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 72.32 Sq.mtrAge: 1983-199007 Jun 2016£170,000First Sale
10, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 83 Sq.mtrAge: 1991-199523 Sep 2015£165,002First Sale
9, THE BALCONY HANCOCK DRIVEFlat, Leasehold13 Jul 2015£147,500First Sale
6, THE BALCONY HANCOCK DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1983-199027 Jan 2015£134,000First Sale
4, THE BALCONY HANCOCK DRIVEFlat, Leasehold19 Dec 2014£165,000First Sale

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

HANCOCK DRIVE, LU2 7SF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £230,916 median price is £210,000 Standard Deviation is £139,542 with Total Sold: 738
    • The Last 5 Year average price is £447,698 with Total Sold: 89
    • 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)
  • Flat
    • The average price is around £187,600 median price is £190,000 Standard Deviation is £48,036 with Total Sold: 155
    • 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 FLAT 48, BUSHMEAD COURT HANCOCK DRIVE: £136,000 (Sold on 08 Oct 2002)
  • Terraced
    • The average price is around £134,092 median price is £130,500 Standard Deviation is £69,096 with Total Sold: 1,168
    • The Last 5 Year average price is £250,637 with Total Sold: 128
    • 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)
  • Semi-Detached
    • The average price is around £151,340 median price is £133,000 Standard Deviation is £85,784 with Total Sold: 746
    • The Last 5 Year average price is £310,455 with Total Sold: 63
    • The most recent sale happened at this postcode is , 9 BENINGTON CLOSE: £280,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 64 THE BELFRY: £72,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £1,308,333 median price is £720,000 Standard Deviation is £1,369,089 with Total Sold: 3
    • The Last 5 Year average price is £3,200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 5, BUSHMEAD CENTRE HANCOCK DRIVE: £3,200,000 (Sold on 17 Jul 2019)
    • 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£425,000 £3,492 4
2023£506,250 £4,469 14
2022£484,500 £4,616 15
2021£425,196 £3,789 26
2020£390,458 £3,660 12
2019£447,194 £3,384 18
2018£355,206 £3,582 17
2017£435,262 £3,475 21
2016£352,477 £3,247 13
2015£347,100 £2,691 15
2014£300,993 £2,786 21
2013£270,667 £2,622 21
2012£254,562 £2,435 16
2011£235,312 £2,321 16
2010£271,666 £2,543 18
2009£242,667 £2,470 15
2008£231,033 £2,569 15
2007£267,452 £2,682 31
2006£275,323 £2,361 34
2005£263,520 £2,111 22
2004£227,679 £2,399 25
2003£207,912 £2,691 38
2002£171,780 £1,769 46
2001£141,485 £1,610 37
2000£142,704 £1,471 34
1999£115,602 £1,241 41
1998£113,166 £1,084 33
1997£87,660 £978 41
1996£83,106 £937 47
1995£86,247 £886 32
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£190,143 £2,795 7
2006£187,143 £2,709 7
2005£173,286 £2,357 7
2004£138,199 £2,202 5
2003£135,158 £1,829 19
2002£129,550 £1,855 23
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,5006
2023£272,658 £4,925 19
2022£280,992 £4,760 26
2021£241,507 £4,112 34
2020£239,452 £3,876 21
2019£219,748 £4,110 22
2018£230,853 £4,065 17
2017£239,492 £3,887 25
2016£210,650 £3,595 30
2015£199,096 £3,256 26
2014£173,953 £2,795 39
2013£151,026 £2,607 29
2012£163,476 £2,437 31
2011£156,408 £2,448 30
2010£163,580 £2,466 31
2009£137,083 £2,199 27
2008£161,667 £2,726 20
2007£160,642 £2,792 44
2006£151,519 £2,548 51
2005£142,922 £2,405 46
2004£136,038 £2,259 62
2003£127,839 £2,214 61
2002£100,407 £1,720 71
2001£86,412 £1,415 62
2000£75,990 £1,335 52
1999£62,365 £1,076 72
1998£61,621 £986 58
1997£51,666 £911 52
1996£52,370 £869 59
1995£51,539 £840 45
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0002
2023£369,667 £4,399 6
2022£355,393 £4,362 14
2021£295,968 £4,033 16
2020£278,972 £3,628 12
2019£287,077 £3,856 13
2018£279,808 £3,640 13
2017£264,237 £3,811 19
2016£291,375 £3,497 12
2015£260,458 £3,094 12
2014£212,654 £2,484 13
2013£182,700 £2,502 5
2012£168,158 £2,465 6
2011£194,000 £2,546 10
2010£182,104 £2,551 24
2009£175,231 £2,465 13
2008£204,215 £2,529 23
2007£188,625 £2,594 24
2006£177,643 £2,413 33
2005£172,331 £2,329 34
2004£168,481 £2,346 44
2003£146,613 £2,024 44
2002£127,864 £1,785 45
2001£103,053 £1,530 56
2000£92,949 £1,388 30
1999£80,674 £1,141 63
1998£70,700 £1,041 38
1997£67,069 £911 47
1996£65,053 £910 41
1995£61,001 £863 34
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£3,200,0001
2018£362,500 £2,759 2

House Type in LU2 7SF area

The most common house types in the LU2 7SF postcode area are Terraced (41), Flat (40), and Semi-detached (39).

Total149
Terraced41
Flat40
Semi-detached39
Detached23
commercial building6
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Private rented: Private landlord or letting agency (42).

Owned: Owns outright62
Private rented: Private landlord or letting agency42
Owned: Owns with a mortgage or loan37
Social rented: Other social rented5
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LU2 7SF have 1 person in household (49), and 2 people in household (42).

1 person in household49
2 people in household42
3 people in household27
4 people in household22
5 people in household7
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0