Housing Market Analysis for LAMBERT CLOSE, LU2 8BQ

Are you looking to understand LU2 8BQ 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 8BQ area, explore the LU2 8BQ Area information page.
For comprehensive crime statistics in the LU2 8BQ area, explore the LU2 8BQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU2 8BQ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £303,506 median price is £310,000 Standard Deviation is £87,773 with Total Sold: 9
    • The Last 5 Year average price is £515,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 LAMBERT CLOSE: £315,000 (Sold on 22 Feb 2013)
    • The first recorded sale happened at this postcode is 12 LAMBERT CLOSE: £515,000 (Sold on 16 Aug 2023)
  • Semi-Detached
    • The average price is around £205,493 median price is £215,869 Standard Deviation is £24,704 with Total Sold: 7
    • The most recent sale happened at this postcode is 7 LAMBERT CLOSE: £215,869 (Sold on 27 Aug 2008)
    • The first recorded sale happened at this postcode is 1 LAMBERT CLOSE: £214,105 (Sold on 31 Jul 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 8BQ 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
2013£315,000 £2,676 1
2008£271,650 £2,670 7
2023£515,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£205,493 £2,017 7

All the Sales in the LAMBERT CLOSE, LU2 8BQ

See the table below for more details on the sold house prices in the LU2 8BQ, Luton postcode.

AddressSold DatePrice% Change
11 LAMBERT CLOSEDetached, FreeholdArea: 117.7 Sq.mtrAge: 2007 onwards22 Feb 2013£315,0005.00%
31 Oct 2008£300,000First Sale
3 LAMBERT CLOSEDetached, Freehold28 Nov 2008£310,000First Sale
12 LAMBERT CLOSEDetached, Freehold14 Nov 2008£310,000-39.81%
16 Aug 2023£515,000First Sale
4 LAMBERT CLOSEDetached, Freehold22 Oct 2008£330,000First Sale
8 LAMBERT CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 2007 onwards29 Aug 2008£245,000First Sale
7 LAMBERT CLOSESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 2007 onwards27 Aug 2008£215,869First Sale
14 LAMBERT CLOSESemi-Detached, Freehold27 Aug 2008£215,869First Sale
6 LAMBERT CLOSESemi-Detached, Freehold27 Aug 2008£145,000First Sale
5 LAMBERT CLOSESemi-Detached, Freehold27 Aug 2008£215,869First Sale
2 LAMBERT CLOSESemi-Detached, Freehold31 Jul 2008£215,869First Sale
13 LAMBERT CLOSESemi-Detached, Freehold31 Jul 2008£215,869First Sale
10 LAMBERT CLOSEDetached, Freehold31 Jul 2008£212,270First Sale
1 LAMBERT CLOSESemi-Detached, Freehold31 Jul 2008£214,105First Sale
9 LAMBERT CLOSEDetached, FreeholdArea: 81 Sq.mtrAge: 2007-201131 Jul 2008£194,280First Sale

Check out the sold house prices near the LU2 8BQ postcode. Properties currently for saleProperties currently for rent

LAMBERT CLOSE, LU2 8BQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU2 8BQ 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 8BQ postcode.

  • Flat
    • The average price is around £163,757 median price is £160,000 Standard Deviation is £21,034 with Total Sold: 42
    • The Last 5 Year average price is £164,821 with Total Sold: 14
    • The most recent sale happened at this postcode is 29, OLYMPIC COURT CANNON LANE: £165,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is 1, OLYMPIC COURT CANNON LANE: £209,950 (Sold on 28 Oct 2011)
  • Semi-Detached
    • The average price is around £218,996 median price is £215,000 Standard Deviation is £102,236 with Total Sold: 460
    • The Last 5 Year average price is £355,704 with Total Sold: 90
    • The most recent sale happened at this postcode is , 54 CROWLAND ROAD: £497,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 19 NIGHTINGALE CLOSE: £69,800 (Sold on 19 Jan 1995)
  • Detached
    • The average price is around £298,348 median price is £273,500 Standard Deviation is £141,072 with Total Sold: 87
    • The Last 5 Year average price is £484,778 with Total Sold: 18
    • The most recent sale happened at this postcode is , 1 JAYWOOD: £450,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 JAYWOOD: £81,000 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £1,885,369 median price is £1,526,870 Standard Deviation is £1,401,372 with Total Sold: 18
    • The Last 5 Year average price is £1,643,837 with Total Sold: 16
    • The most recent sale happened at this postcode is , UNIT 7A GREAT MARLINGS: £2,730,000 (Sold on 24 Jun 2022)
    • The first recorded sale happened at this postcode is 230, BUTTERFIELD GREAT MARLINGS: £6,500,000 (Sold on 15 Dec 2016)
  • Terraced
    • The average price is around £198,875 median price is £223,750 Standard Deviation is £93,284 with Total Sold: 20
    • The Last 5 Year average price is £233,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 69 RAVENBANK ROAD: £270,000 (Sold on 26 Mar 2021)
    • The first recorded sale happened at this postcode is , 71 RAVENBANK ROAD: £55,000 (Sold on 04 Oct 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,0001
2023£190,750 £3,122 2
2022£161,667 £3,388 3
2021£155,000 £3,170 1
2020£160,998 £3,517 3
2019£159,500 £3,388 4
2018£150,000 £3,290 3
2017£161,500 £3,251 2
2016£157,500 £3,184 2
2015£148,500 £3,213 2
2014£182,000 £3,173 2
2013£153,000 £3,348 2
2012£163,314 £3,272 7
2011£171,512 £3,223 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£382,16010
2023£381,771 £4,272 12
2022£394,136 £3,860 11
2021£359,786 £3,725 28
2020£317,500 £3,449 11
2019£317,139 £3,447 18
2018£346,067 £3,514 15
2017£319,615 £3,477 13
2016£334,416 £2,930 12
2015£263,333 £2,857 12
2014£232,285 £2,593 21
2013£229,478 £2,521 14
2012£210,230 £2,295 15
2011£197,333 £2,420 12
2010£204,000 £2,414 9
2009£191,722 £2,316 9
2008£212,919 £2,275 13
2007£228,923 £2,279 13
2006£218,767 £1,982 15
2005£189,083 £2,228 12
2004£207,929 £2,035 21
2003£190,208 £1,863 23
2002£169,845 £1,737 23
2001£138,346 £1,484 13
2000£115,894 £1,344 16
1999£100,549 £1,149 19
1998£91,533 £881 15
1997£82,278 £605 14
1996£73,690 £770 20
1995£72,765 £710 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2023£529,200 £4,297 5
2022£470,000 £4,262 4
2021£517,000 £3,992 5
2020£387,500 £4,310 2
2019£390,000 £4,105 1
2018£356,000 £4,347 2
2017£426,250 £5,489 4
2016£375,000 £3,000 1
2015£406,167 £3,180 3
2014£275,000 £2,570 1
2013£271,333 £2,593 3
2012£300,000 £2,425 1
2011£265,000 £2,031 3
2010£317,500 £2,658 4
2009£255,000 £1,784 2
2008£273,228 £2,530 9
2007£249,9951
2006£262,200 £3,351 5
2005£237,2502
2004£266,667 £1,944 3
2003£235,000 £1,458 2
2002£188,250 £2,269 4
2001£160,333 £1,432 3
2000£156,8323
1999£340,0002
1998£118,000 £702 1
1997£107,374 £946 4
1996£99,9501
1995£91,850 £864 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,505,3975
2021£675,6251
2020£978,6506
2019£1,806,7204
2018£1,135,2541
2016£6,500,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£270,000 £3,418 1
2020£327,500 £3,722 1
2019£103,500 £967 1
2018£340,000 £2,720 2
2016£330,000 £3,929 1
2013£158,000 £3,292 1
2011£240,0001
2009£148,0001
2007£235,500 £2,183 3
2006£246,500 £2,013 1
2005£215,000 £2,500 1
2002£137,5001
2001£125,000 £1,021 1
1999£90,000 £1,000 1
1998£76,000 £1,583 1
1996£62,000 £1,146 2

House Type in LU2 8BQ area

The most common house types in the LU2 8BQ postcode area are Semi-detached (110), Detached (21), and Terraced (1).

Total133
Semi-detached110
Detached21
Terraced1
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 outright (70), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright70
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency13
Social rented: Other social rented7
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LU2 8BQ have 2 people in household (50), and 4 people in household (33).

2 people in household50
4 people in household33
3 people in household21
1 person in household20
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0