Housing Market Analysis for FAIR OAK DRIVE, LU2 7TQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £104,186 median price is £112,498 Standard Deviation is £28,480 with Total Sold: 8
- The Last 5 Year average price is £121,333 with Total Sold: 3
- The most recent sale happened at this postcode is 52 FAIR OAK DRIVE: £129,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 8 FAIR OAK DRIVE: £41,000 (Sold on 30 Jun 1999)
Flat
- The average price is around £84,894 median price is £90,000 Standard Deviation is £38,985 with Total Sold: 75
- The Last 5 Year average price is £142,929 with Total Sold: 7
- The most recent sale happened at this postcode is 22 FAIR OAK DRIVE: £140,000 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 16 FAIR OAK DRIVE: £37,400 (Sold on 28 Dec 1995)
Semi-Detached
- The average price is around £92,675 median price is £96,500 Standard Deviation is £34,014 with Total Sold: 14
- The Last 5 Year average price is £152,500 with Total Sold: 1
- The most recent sale happened at this postcode is 35 FAIR OAK DRIVE: £152,500 (Sold on 27 Oct 2022)
- The first recorded sale happened at this postcode is 36 FAIR OAK DRIVE: £32,750 (Sold on 11 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 7TQ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£129,000	£2,580	1
2020	£110,000	£2,200	1
2019	£125,000	£2,500	1
2007	£123,998	£2,565	2
2004	£96,500		1
2003	£83,995	£1,680	1
1999	£41,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£140,000	£3,104	3
2021	£137,833	£2,978	3
2019	£167,000	£3,275	1
2018	£131,000	£3,013	2
2017	£141,667	£2,925	3
2016	£142,500	£3,068	2
2015	£106,750	£2,354	2
2014	£110,000	£2,311	1
2013	£106,000	£2,186	2
2011	£89,250	£1,920	2
2010	£101,500	£2,137	1
2008	£112,500	£2,651	2
2007	£124,500	£2,517	2
2006	£98,000	£2,310	3
2005	£105,250	£2,246	3
2004	£102,621	£2,324	4
2003	£90,332	£1,973	6
2002	£85,500	£1,739	2
2001	£55,467	£1,217	9
2000	£49,917	£1,076	6
1999	£37,417	£838	6
1998	£36,630	£768	5
1997	£35,000	£814	1
1996	£31,015	£677	3
1995	£37,400	£779	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£152,500	£3,112	1
2017	£140,000	£3,500	1
2008	£111,700	£1,802	1
2007	£114,250	£2,856	1
2006	£105,000	£2,278	2
2004	£95,748	£1,976	3
2003	£93,500	£1,870	1
2002	£66,500	£1,330	1
2000	£49,500	£1,151	1
1998	£39,500	£790	1
1995	£32,750	£528	1

All the Sales in the FAIR OAK DRIVE, LU2 7TQ

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

Address	Sold Date	Price	% Change
52 FAIR OAK DRIVETerraced, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	24 Nov 2023	£129,000	17.27%
	07 Dec 2020	£110,000	-12.00%
	28 Feb 2019	£125,000	8.70%
	15 Jun 2007	£114,995	36.91%
	26 Aug 2003	£83,995	First Sale
22 FAIR OAK DRIVEFlat, LeaseholdArea: 45.1 Sq.mtrAge: 1950-1966	23 Oct 2023	£140,000	0.0
	23 Oct 2023	£140,000	0.0
	23 Oct 2023	£140,000	7.69%
	25 Jul 2018	£130,000	229.11%
	26 Oct 1999	£39,500	32.77%
	29 Feb 1996	£29,750	First Sale
35 FAIR OAK DRIVESemi-Detached, LeaseholdArea: 49 Sq.mtrAge: 1950-1966	27 Oct 2022	£152,500	32.61%
	24 Nov 2006	£115,000	15.87%
	30 Apr 2004	£99,250	First Sale
20 FAIR OAK DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 1950-1966	21 Dec 2021	£120,000	28.34%
	28 Oct 2005	£93,500	-1.57%
	03 Nov 2004	£94,995	14.45%
	30 Jan 2003	£83,000	47.56%
	12 Oct 2001	£56,250	44.23%
	22 Oct 1999	£39,000	First Sale
6 FAIR OAK DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	19 Nov 2021	£118,500	123.58%
	27 Apr 2001	£53,000	60.61%
	31 Mar 1999	£33,000	First Sale
41 FAIR OAK DRIVEFlat, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	28 Apr 2021	£175,000	20.69%
	28 Apr 2017	£145,000	27.19%
	12 Apr 2013	£114,000	21.93%
	24 Apr 2003	£93,500	40.60%
	11 Jul 2002	£66,500	68.35%
	27 Nov 1998	£39,500	First Sale
56 FAIR OAK DRIVEFlat, LeaseholdArea: 51 Sq.mtrAge: 1967-1975	26 Apr 2019	£167,000	33.60%
	25 Jun 2007	£125,000	11.61%
	22 Jun 2005	£112,000	38.27%
	18 Oct 2002	£81,000	48.62%
	07 Jul 2000	£54,500	First Sale
54 FAIR OAK DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	23 Feb 2018	£132,000	32.00%
	23 Dec 2004	£100,000	96.08%
	05 Oct 2001	£51,000	First Sale
39 FAIR OAK DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-1966	20 Dec 2017	£120,000	First Sale
60 FAIR OAK DRIVESemi-Detached, LeaseholdArea: 40 Sq.mtrAge: 1950-1966	17 Jul 2017	£140,000	22.54%
	15 Aug 2007	£114,250	16.58%
	26 Jul 2004	£98,000	First Sale
27 FAIR OAK DRIVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	26 Apr 2017	£160,000	81.82%
	18 Jul 2003	£88,000	First Sale
32 FAIR OAK DRIVEFlat, LeaseholdArea: 47.6 Sq.mtrAge: 1967-1975	16 Dec 2016	£145,000	31.82%
	11 Jul 2014	£110,000	134.04%
	29 Jun 2001	£47,000	49.94%
	31 Jan 1996	£31,345	First Sale
30 FAIR OAK DRIVEFlat, LeaseholdArea: 45.3 Sq.mtrAge: 1950-1966	14 Jan 2016	£140,000	63.74%
	07 Oct 2011	£85,500	74.49%
	21 Jun 2000	£49,000	First Sale
31 FAIR OAK DRIVEFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-1982	06 Mar 2015	£106,500	233.33%
	13 Dec 1996	£31,950	First Sale
12 FAIR OAK DRIVEFlat, LeaseholdArea: 43 Sq.mtrAge: 1950-1966	30 Jan 2015	£107,000	7.00%
	17 Jul 2008	£100,000	85.19%
	29 Jun 2001	£54,000	24.14%
	12 Apr 2000	£43,500	24.29%
	01 Aug 1997	£35,000	First Sale
72 FAIR OAK DRIVEFlat, LeaseholdArea: 46.86 Sq.mtrAge: 1967-1975	11 Dec 2013	£98,000	-14.78%
	02 Jun 2006	£115,000	5.03%
	04 Oct 2004	£109,495	19.02%
	04 Aug 2003	£92,000	First Sale
10 FAIR OAK DRIVEFlat, LeaseholdArea: 47.62 Sq.mtrAge: 1950-1966	09 Feb 2011	£93,000	-15.65%
	31 Oct 2005	£110,250	22.50%
	19 Dec 2002	£90,000	57.89%
	28 Feb 2001	£57,000	42.50%
	26 Aug 1999	£40,000	First Sale
26 FAIR OAK DRIVEFlat, LeaseholdArea: 47.5 Sq.mtrAge: 1967-1975	20 Sep 2010	£101,500	First Sale
36 FAIR OAK DRIVESemi-Detached, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	15 Sep 2008	£111,700	24.12%
	12 Mar 2004	£89,995	174.79%
	11 Dec 1995	£32,750	First Sale
33 FAIR OAK DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 1950-1966	06 Mar 2008	£125,000	First Sale
48 FAIR OAK DRIVETerraced, LeaseholdArea: 47 Sq.mtrAge: 1950-1966	16 Oct 2007	£133,000	40.01%
	31 Oct 2003	£94,995	46.26%
	19 Oct 2001	£64,950	58.41%
	24 Nov 1998	£41,000	First Sale
50 FAIR OAK DRIVEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	04 May 2007	£124,000	30.53%
	24 Oct 2003	£95,000	137.50%
	29 Mar 1999	£40,000	First Sale
68 FAIR OAK DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	06 Nov 2006	£87,500	First Sale
38 FAIR OAK DRIVEFlat, LeaseholdArea: 41 Sq.mtrAge: 1967-1975	04 Jul 2006	£91,500	First Sale
46 FAIR OAK DRIVESemi-Detached, LeaseholdArea: 43 Sq.mtrAge: 1967-1975	31 Mar 2006	£95,000	91.92%
	08 Dec 2000	£49,500	First Sale
58 FAIR OAK DRIVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	01 Nov 2004	£105,995	89.28%
	26 May 2000	£56,000	47.56%
	01 May 1998	£37,950	17.86%
	27 Feb 1998	£32,200	First Sale
8 FAIR OAK DRIVETerraced, Leasehold	20 Apr 2004	£96,500	135.37%
8 FAIR OAK DRIVETerraced, Leasehold	30 Jun 1999	£41,000	First Sale
14 FAIR OAK DRIVEFlat, Leasehold	18 Nov 2003	£89,000	169.70%
14 FAIR OAK DRIVEFlat, Leasehold	17 Dec 1999	£33,000	First Sale
4 FAIR OAK DRIVEFlat, Leasehold	26 Oct 2001	£58,000	12.62%
4 FAIR OAK DRIVEFlat, Leasehold	24 Aug 2000	£51,500	First Sale
16 FAIR OAK DRIVEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	18 Jul 2001	£58,000	55.08%
	28 Dec 1995	£37,400	First Sale
37 FAIR OAK DRIVEFlat, Leasehold	14 Jul 2000	£45,000	First Sale
28 FAIR OAK DRIVEFlat, Leasehold	06 Aug 1998	£32,000	First Sale
25 FAIR OAK DRIVEFlat, Leasehold	22 May 1998	£40,000	First Sale

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

FAIR OAK DRIVE, LU2 7TQ Near By properties

Interactive Map

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

Flat
- The average price is around £87,993 median price is £88,000 Standard Deviation is £43,958 with Total Sold: 527
- The Last 5 Year average price is £149,299 with Total Sold: 65
- 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 , 110 SUNNINGDALE: £34,500 (Sold on 01 Mar 1995)
Semi-Detached
- The average price is around £193,870 median price is £180,000 Standard Deviation is £103,030 with Total Sold: 1,607
- The Last 5 Year average price is £328,344 with Total Sold: 278
- 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 , 86 WARDOWN CRESCENT: £66,500 (Sold on 12 Jan 1995)
Detached
- The average price is around £300,945 median price is £275,000 Standard Deviation is £154,909 with Total Sold: 455
- The Last 5 Year average price is £487,878 with Total Sold: 82
- The most recent sale happened at this postcode is , 271 STOCKINGSTONE ROAD: £400,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 138 STOCKINGSTONE ROAD: £83,765 (Sold on 06 Jan 1995)
Terraced
- The average price is around £164,901 median price is £155,000 Standard Deviation is £88,244 with Total Sold: 389
- The Last 5 Year average price is £263,218 with Total Sold: 81
- The most recent sale happened at this postcode is , 68 VERDE CLOSE: £301,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 30 TROWBRIDGE GARDENS: £57,000 (Sold on 05 Jan 1995)
Other
- The average price is around £735,857 median price is £105,000 Standard Deviation is £1,229,789 with Total Sold: 10
- The Last 5 Year average price is £133,382 with Total Sold: 5
- The most recent sale happened at this postcode is , 3 GREEN OAKS: £102,500 (Sold on 22 Jan 2024)
- The first recorded sale happened at this postcode is , 38 VERDE CLOSE: £105,000 (Sold on 22 Dec 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£167,200	£3,418	15
2022	£147,342	£3,489	6
2021	£142,153	£3,199	18
2020	£144,464	£3,064	14
2019	£148,286	£3,356	11
2018	£148,714	£3,405	7
2017	£144,105	£3,201	19
2016	£136,178	£3,051	14
2015	£109,500	£2,392	20
2014	£108,227	£2,229	11
2013	£96,464	£2,096	14
2012	£64,425	£2,144	4
2011	£84,083	£1,941	6
2010	£96,464	£2,179	7
2009	£89,667	£1,834	3
2008	£109,536	£2,462	14
2007	£116,532	£2,515	28
2006	£103,645	£2,192	24
2005	£100,453	£2,283	16
2004	£98,147	£2,129	32
2003	£85,266	£1,840	30
2002	£70,684	£1,571	37
2001	£55,795	£1,169	40
2000	£48,300	£1,037	34
1999	£37,957	£807	34
1998	£34,827	£758	22
1997	£31,778	£690	18
1996	£28,283	£626	15
1995	£31,757	£668	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£357,472	£4,150	18
2023	£347,214	£4,123	44
2022	£354,243	£3,988	49
2021	£320,039	£3,748	64
2020	£299,244	£3,493	43
2019	£314,328	£3,291	60
2018	£317,942	£3,319	49
2017	£284,931	£3,404	55
2016	£291,016	£3,240	48
2015	£256,638	£2,643	68
2014	£222,444	£2,403	69
2013	£194,352	£2,237	54
2012	£200,054	£2,123	46
2011	£188,741	£2,098	29
2010	£184,924	£2,084	33
2009	£177,491	£1,964	34
2008	£184,899	£2,089	43
2007	£192,607	£2,256	71
2006	£188,546	£2,243	64
2005	£176,770	£1,959	61
2004	£169,227	£1,939	66
2003	£157,029	£1,670	51
2002	£127,307	£1,485	69
2001	£105,796	£1,166	57
2000	£100,029	£1,063	64
1999	£83,521	£888	63
1998	£68,435	£773	64
1997	£65,412	£698	66
1996	£59,790	£659	57
1995	£56,360	£637	48

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,167		6
2023	£492,308	£4,345	13
2022	£493,929	£3,843	21
2021	£546,059	£3,340	17
2020	£458,767	£3,584	15
2019	£445,200	£3,420	10
2018	£464,121	£3,608	29
2017	£421,782	£3,725	19
2016	£399,333	£3,636	9
2015	£335,800	£2,813	20
2014	£334,812	£2,566	8
2013	£268,667	£2,377	18
2012	£278,065	£2,474	13
2011	£251,600	£2,076	15
2010	£301,545	£2,165	11
2009	£249,583	£2,061	6
2008	£295,500	£2,799	8
2007	£295,355	£2,380	19
2006	£282,894	£2,403	24
2005	£263,520	£2,166	13
2004	£235,483	£2,102	12
2003	£245,916	£1,758	18
2002	£227,600	£1,662	20
2001	£176,320	£1,202	17
2000	£191,902	£1,508	17
1999	£121,594	£1,232	18
1998	£144,321	£967	14
1997	£129,390	£1,076	15
1996	£100,387	£800	23
1995	£101,252	£811	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,500	£3,705	6
2023	£274,333	£3,663	9
2022	£289,070	£3,707	15
2021	£271,458	£3,049	24
2020	£214,329	£2,818	14
2019	£244,538	£3,174	13
2018	£265,938	£3,205	8
2017	£257,158	£3,375	12
2016	£243,767	£2,819	15
2015	£216,732	£2,766	17
2014	£182,654	£2,380	13
2013	£158,667	£2,091	6
2012	£172,200	£1,964	10
2011	£161,188	£1,900	8
2010	£143,250	£1,734	4
2009	£165,667	£1,891	6
2008	£176,045	£1,872	11
2007	£165,785	£1,939	14
2006	£160,650	£1,983	20
2005	£149,542	£1,832	12
2004	£170,506	£1,978	16
2003	£128,381	£1,570	17
2002	£105,782	£1,244	23
2001	£80,733	£1,127	19
2000	£71,590	£912	11
1999	£62,923	£732	13
1998	£52,617	£623	9
1997	£51,269	£561	13
1996	£48,455	£577	22
1995	£45,806	£533	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£102,500		1
2023	£300,000	£7,179	1
2021	£63,000	£2,763	1
2020	£185,000	£2,102	1
2019	£16,408		1
2018	£100,000		1
2016	£3,190,832	£21,518	2
2014	£105,000	£1,264	2

House Type in LU2 7TQ area

The most common house types in the LU2 7TQ postcode area are Flat (126), Semi-detached (27), and Shared house (20).

Total	190
Flat	126
Semi-detached	27
Shared house	20
Terraced	12
Detached	2
converted building	1
commercial building	1
temporary structure	1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (108), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency	108
Owned: Owns with a mortgage or loan	40
Owned: Owns outright	20
Social rented: Other social rented	16
Social rented: Rents from council or Local Authority	5
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LU2 7TQ have 1 person in household (104), and 2 people in household (45).

1 person in household	104
2 people in household	45
3 people in household	26
4 people in household	14
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0