Housing Market Analysis for CANNON LANE, LU2 8DA

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

Overview of Sold House prices

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

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 7, OLYMPIC COURT CANNON LANE: £164,950 (Sold on 28 Oct 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 8DA 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
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

All the Sales in the CANNON LANE, LU2 8DA

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

Address	Sold Date	Price	% Change
29, OLYMPIC COURT CANNON LANEFlat, Leasehold	29 Aug 2024	£165,000	First Sale
22, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 50 Sq.mtrAge: 2007-2011	30 Nov 2023	£161,500	-0.92%
	07 Aug 2020	£163,000	-1.21%
	16 Nov 2016	£165,000	8.59%
	12 Dec 2011	£151,950	First Sale
16, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 73 Sq.mtrAge: 2007-2011	13 Apr 2023	£220,000	4.76%
	29 Sep 2014	£210,000	First Sale
27, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 50.91 Sq.mtr	18 Aug 2022	£165,000	First Sale
3, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 44.4 Sq.mtr	12 Aug 2022	£160,000	3.23%
	02 Feb 2018	£155,000	6.93%
	29 Feb 2012	£144,950	First Sale
28, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 48.22 Sq.mtr	24 Mar 2022	£160,000	-1.84%
	06 Dec 2019	£163,000	1.88%
	12 Jul 2019	£160,000	First Sale
2, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 48.89 Sq.mtr	12 Nov 2021	£155,000	First Sale
10, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 44.4 Sq.mtr	11 Dec 2020	£150,000	0.70%
	08 Mar 2012	£148,950	First Sale
24, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 43.44 Sq.mtr	25 Aug 2020	£169,995	First Sale
7, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 47.46 Sq.mtr	22 Mar 2019	£165,000	0.03%
	28 Oct 2011	£164,950	First Sale
33, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 44.4 Sq.mtr	14 Jan 2019	£150,000	-2.60%
	08 Sep 2014	£154,000	1.35%
	21 Dec 2011	£151,950	First Sale
30, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 47.91 Sq.mtr	07 Sep 2018	£160,000	-1.84%
	03 Apr 2017	£163,000	First Sale
21, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 44.4 Sq.mtr	08 Jun 2018	£135,000	First Sale
25, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 51.61 Sq.mtr	16 Jun 2017	£160,000	8.88%
	17 Feb 2012	£146,950	First Sale
11, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 48.88 Sq.mtr	16 Mar 2016	£150,000	First Sale
26, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 48.22 Sq.mtr	30 Nov 2015	£147,000	First Sale
4, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 44.4 Sq.mtr	07 Oct 2015	£150,000	7.18%
	07 Nov 2011	£139,950	First Sale
6, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 43.44 Sq.mtr	03 Oct 2013	£153,000	-4.35%
	07 Mar 2012	£159,950	First Sale
9, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 48.22 Sq.mtr	26 Jun 2013	£153,000	-6.39%
	28 Oct 2011	£163,450	First Sale
32, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 48.89 Sq.mtr	02 Mar 2012	£168,950	First Sale
14, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 47.46 Sq.mtr	28 Feb 2012	£155,000	First Sale
19, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 71.95 Sq.mtr	30 Jan 2012	£218,450	First Sale
23, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 48.88 Sq.mtr	11 Nov 2011	£163,950	First Sale
8, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 74.55 Sq.mtr	04 Nov 2011	£225,950	First Sale
1, OLYMPIC COURT CANNON LANEFlat, LeaseholdArea: 71.95 Sq.mtr	28 Oct 2011	£209,950	First Sale

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

CANNON LANE, LU2 8DA Near By properties

Interactive Map

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

Flat
- The average price is around £120,300 median price is £135,000 Standard Deviation is £53,194 with Total Sold: 193
- The Last 5 Year average price is £163,968 with Total Sold: 39
- 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 , 9 MULLION CLOSE: £31,000 (Sold on 30 Jun 1995)
Semi-Detached
- The average price is around £208,511 median price is £197,000 Standard Deviation is £103,829 with Total Sold: 760
- The Last 5 Year average price is £350,210 with Total Sold: 132
- 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 £275,858 median price is £250,000 Standard Deviation is £124,237 with Total Sold: 183
- The Last 5 Year average price is £407,478 with Total Sold: 45
- 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)
Terraced
- The average price is around £142,983 median price is £134,995 Standard Deviation is £80,805 with Total Sold: 444
- The Last 5 Year average price is £257,910 with Total Sold: 67
- The most recent sale happened at this postcode is , 44 CHESFORD ROAD: £208,000 (Sold on 10 May 2024)
- The first recorded sale happened at this postcode is , 40 CHESFORD ROAD: £32,500 (Sold on 24 Jan 1995)
Other
- The average price is around £164,833 median price is £150,000 Standard Deviation is £127,950 with Total Sold: 9
- The Last 5 Year average price is £222,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 18 CHESFORD ROAD: £222,000 (Sold on 12 Apr 2019)
- The first recorded sale happened at this postcode is 1, GLENWOOD COURT, 63 LOTHAIR ROAD: £32,500 (Sold on 19 Jun 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£142,500	£1,905	2
2023	£176,400	£3,307	5
2022	£171,932	£3,261	11
2021	£159,667	£2,993	6
2020	£159,749	£3,345	8
2019	£157,214	£3,288	7
2018	£177,545	£3,586	11
2017	£164,749	£2,960	8
2016	£163,667	£2,984	6
2015	£146,057	£3,084	14
2014	£142,945	£2,718	11
2013	£119,158	£2,563	6
2012	£149,520	£2,884	10
2011	£171,512	£3,223	8
2010	£101,100	£1,879	5
2009	£89,500	£1,567	2
2008	£114,500	£2,100	2
2007	£119,333	£1,877	3
2006	£114,000	£1,858	2
2005	£101,500	£1,663	2
2004	£105,856	£1,862	7
2003	£91,875	£1,497	10
2002	£76,583	£1,444	3
2001	£57,416	£1,126	6
2000	£46,776	£737	10
1999	£38,900	£711	11
1998	£31,000	£538	2
1997	£35,166	£604	6
1996	£28,714	£535	7
1995	£32,250	£556	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£379,717		12
2023	£369,719	£4,138	20
2022	£356,095	£3,869	21
2021	£362,083	£3,892	36
2020	£323,869	£3,456	21
2019	£316,477	£3,392	22
2018	£318,000	£3,490	27
2017	£325,465	£3,275	29
2016	£316,240	£3,169	25
2015	£262,931	£2,871	22
2014	£230,749	£2,551	26
2013	£224,980	£2,472	16
2012	£197,935	£2,243	20
2011	£198,011	£2,252	23
2010	£189,893	£2,306	14
2009	£175,214	£2,044	21
2008	£206,942	£2,341	18
2007	£218,729	£2,320	24
2006	£202,300	£2,207	25
2005	£175,330	£1,990	27
2004	£195,469	£2,058	32
2003	£177,033	£1,802	39
2002	£153,080	£1,534	39
2001	£127,658	£1,120	31
2000	£109,159	£1,218	27
1999	£93,272	£968	31
1998	£84,627	£841	29
1997	£77,817	£667	23
1996	£68,264	£732	31
1995	£69,793	£699	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£374,375	£2,785	4
2023	£511,812	£3,863	8
2022	£397,250	£4,270	8
2021	£427,955	£3,600	11
2020	£373,429	£3,820	7
2019	£320,714	£3,083	7
2018	£318,000	£4,269	4
2017	£333,889	£3,455	9
2016	£333,875	£3,405	8
2015	£312,591	£2,979	11
2014	£250,000	£2,421	2
2013	£245,444	£2,446	9
2012	£236,000	£2,139	2
2011	£250,832	£2,191	6
2010	£279,000	£2,587	5
2009	£229,375	£1,593	4
2008	£270,005	£2,530	10
2007	£260,324	£1,861	6
2006	£247,000	£2,510	9
2005	£218,750	£2,275	4
2004	£237,618	£2,175	8
2003	£194,749	£1,628	4
2002	£193,333	£1,581	6
2001	£162,250	£1,504	4
2000	£146,915	£1,275	6
1999	£138,665	£1,382	3
1998	£118,000	£702	1
1997	£97,921	£908	7
1996	£60,067	£508	3
1995	£90,071	£805	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,600	£3,419	5
2023	£304,571	£4,241	7
2022	£279,192	£4,136	13
2021	£239,600	£3,551	20
2020	£240,611	£3,624	9
2019	£231,769	£3,016	13
2018	£267,667	£3,345	9
2017	£244,211	£3,281	19
2016	£233,200	£3,279	13
2015	£194,268	£2,803	13
2014	£159,631	£2,397	11
2013	£146,667	£2,302	18
2012	£148,000	£2,141	15
2011	£148,929	£1,857	7
2010	£144,438	£2,151	9
2009	£135,273	£1,832	11
2008	£156,124	£2,358	8
2007	£171,188	£2,222	17
2006	£153,772	£2,113	11
2005	£141,083	£2,001	18
2004	£127,041	£1,814	18
2003	£121,709	£1,847	19
2002	£98,483	£1,425	25
2001	£82,060	£1,081	24
2000	£70,650	£1,058	21
1999	£57,224	£835	21
1998	£53,624	£757	12
1997	£41,150	£596	22
1996	£43,628	£612	23
1995	£37,958	£579	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£222,000	£3,763	1
2018	£76,000	£2,875	4
2017	£250,000		2
2016	£425,000		1
2015	£32,500	£677	1

House Type in LU2 8DA area

The most common house types in the LU2 8DA postcode area are Semi-detached (111), Flat (29), and Detached (16).

Total	164
Semi-detached	111
Flat	29
Detached	16
Terraced	5
Shared house	1
commercial building	1
temporary structure	1
converted building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (100), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	100
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	3
Private rented: Other private 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 8DA have 2 people in household (62), and 1 person in household (50).

2 people in household	62
1 person in household	50
3 people in household	29
4 people in household	17
5 people in household	5
7 people in household	2
0 people in household	0
6 people in household	0
8 or more people in household	0