Housing Market Analysis for COLWELL RISE, LU2 8UD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £277,500 median price is £277,500 Standard Deviation is £142,500 with Total Sold: 2
    • The Last 5 Year average price is £420,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 115 COLWELL RISE: £420,000 (Sold on 20 Jan 2021)
    • The first recorded sale happened at this postcode is 119 COLWELL RISE: £135,000 (Sold on 30 Mar 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LU2 8UD 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
2021£420,000 £2,981 1
2007£135,0001

All the Sales in the COLWELL RISE, LU2 8UD

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

AddressSold DatePrice% Change
115 COLWELL RISEDetached, FreeholdArea: 140.91 Sq.mtrAge: 1983-199020 Jan 2021£420,000First Sale
119 COLWELL RISEDetached, Freehold30 Mar 2007£135,000First Sale

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

COLWELL RISE, LU2 8UD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £120,580 median price is £114,995 Standard Deviation is £68,834 with Total Sold: 1,076
    • The Last 5 Year average price is £241,660 with Total Sold: 96
    • The most recent sale happened at this postcode is , 108 ROCHFORD DRIVE: £240,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 8 RUSHALL GREEN: £50,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £140,953 median price is £129,000 Standard Deviation is £81,023 with Total Sold: 1,435
    • The Last 5 Year average price is £281,459 with Total Sold: 148
    • The most recent sale happened at this postcode is , 76 CLAVERLEY GREEN: £290,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 RADSTONE PLACE: £47,500 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £234,492 median price is £225,000 Standard Deviation is £112,861 with Total Sold: 741
    • The Last 5 Year average price is £410,431 with Total Sold: 99
    • The most recent sale happened at this postcode is , 4 ROWINGTON CLOSE: £470,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 PERRYMEAD: £104,500 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £2,220,903 median price is £343,015 Standard Deviation is £2,468,731 with Total Sold: 5
    • The Last 5 Year average price is £5,117,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , TIBER HOUSE WIGMORE PARK CENTRE: £4,000,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , UNIT 12 WIGMORE PARK CENTRE: £343,015 (Sold on 15 Sep 2014)
  • Flat
    • The average price is around £81,437 median price is £84,250 Standard Deviation is £43,118 with Total Sold: 154
    • The Last 5 Year average price is £159,115 with Total Sold: 13
    • The most recent sale happened at this postcode is , 44 CLAVERLEY GREEN: £168,000 (Sold on 28 Feb 2024)
    • The first recorded sale happened at this postcode is , 30 LINBRIDGE WAY: £35,500 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,7147
2023£258,650 £4,718 10
2022£281,571 £4,599 21
2021£229,634 £4,304 26
2020£231,335 £3,986 10
2019£209,955 £3,891 22
2018£232,750 £3,986 20
2017£222,611 £3,898 18
2016£220,456 £3,874 23
2015£182,122 £3,277 41
2014£165,167 £2,829 32
2013£147,713 £2,532 27
2012£145,637 £2,496 20
2011£137,785 £2,475 14
2010£154,672 £2,634 18
2009£137,406 £2,370 16
2008£155,889 £2,791 23
2007£151,107 £2,814 37
2006£142,318 £2,531 52
2005£134,943 £2,485 49
2004£133,370 £2,351 35
2003£120,874 £2,174 60
2002£93,043 £1,738 65
2001£81,309 £1,462 70
2000£70,463 £1,312 55
1999£58,203 £1,074 68
1998£55,040 £926 55
1997£49,328 £879 74
1996£45,613 £782 62
1995£44,771 £811 46
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,786 £4,986 14
2023£295,479 £4,734 24
2022£317,737 £4,500 31
2021£282,766 £4,279 32
2020£239,594 £4,114 16
2019£247,663 £3,962 31
2018£259,118 £3,955 34
2017£271,238 £3,831 36
2016£240,370 £3,755 27
2015£222,042 £3,337 35
2014£188,076 £2,793 30
2013£172,961 £2,563 28
2012£159,425 £2,564 20
2011£160,831 £2,566 23
2010£159,812 £2,426 24
2009£148,273 £2,551 15
2008£175,452 £2,643 21
2007£178,105 £2,722 76
2006£157,112 £2,434 53
2005£145,977 £2,297 51
2004£152,739 £2,261 74
2003£133,766 £2,172 91
2002£111,598 £1,805 81
2001£92,185 £1,456 92
2000£81,137 £1,287 72
1999£69,607 £1,121 102
1998£63,647 £993 103
1997£58,273 £907 85
1996£52,926 £802 54
1995£50,770 £774 60
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£453,3333
2023£450,427 £4,363 11
2022£471,706 £4,385 17
2021£372,850 £3,816 30
2020£404,233 £3,647 19
2019£391,211 £3,739 19
2018£380,283 £3,705 23
2017£372,944 £3,642 18
2016£360,786 £3,410 14
2015£312,022 £3,182 23
2014£275,907 £2,687 27
2013£266,720 £2,348 17
2012£240,946 £2,243 14
2011£232,722 £2,540 18
2010£244,300 £2,304 10
2009£233,714 £2,076 14
2008£256,800 £2,778 10
2007£276,281 £2,529 32
2006£244,498 £2,389 35
2005£251,966 £2,177 27
2004£232,781 £2,151 32
2003£216,627 £2,045 33
2002£185,440 £1,741 43
2001£163,008 £1,502 32
2000£161,428 £1,471 30
1999£124,555 £1,236 53
1998£117,704 £1,066 29
1997£100,813 £965 41
1996£99,633 £908 39
1995£97,987 £812 28
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,000,0001
2021£6,235,0001
2018£306,500 £3,784 1
2017£220,000 £4,314 1
2014£343,0151
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£179,000 £4,318 2
2023£175,750 £4,621 2
2022£110,000 £2,748 2
2021£164,500 £4,252 3
2020£161,375 £3,840 4
2018£162,333 £4,115 3
2017£173,000 £3,392 1
2016£142,875 £3,440 4
2015£129,375 £3,138 4
2014£100,750 £2,466 4
2013£104,000 £1,891 1
2012£93,499 £2,172 5
2011£92,250 £1,885 2
2010£101,498 £2,402 3
2009£97,000 £3,415 2
2008£111,750 £2,483 2
2007£120,000 £2,914 4
2006£104,500 £3,177 3
2005£100,111 £2,231 9
2004£104,583 £2,497 6
2003£87,606 £2,249 14
2002£71,280 £1,669 13
2001£59,049 £1,628 8
2000£48,936 £1,407 8
1999£39,370 £907 12
1998£36,143 £836 7
1997£31,772 £796 11
1996£26,175 £633 9
1995£32,217 £1,088 6

House Type in LU2 8UD area

The most common house types in the LU2 8UD postcode area are Semi-detached (54), Terraced (53), and Flat (17).

Total132
Semi-detached54
Terraced53
Flat17
Detached7
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (115), and Owned: Owns outright (7).

Social rented: Other social rented115
Owned: Owns outright7
Owned: Owns with a mortgage or loan4
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LU2 8UD have 2 people in household (45), and 3 people in household (37).

2 people in household45
3 people in household37
4 people in household16
1 person in household15
5 people in household11
6 people in household3
7 people in household3
8 or more people in household2
0 people in household0