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House Prices in LU2

The average house price in LU2 (Luton) is £373,142 using HM Land Registry data.

The average property price increased by £34,274 (10.83%) over the last 5 years and increased by £6,851 (1.99%) over the last 12 months.

Over the last year, there were 508 residential property sales – a decrease of 122 transactions (-24.02%) relative to the previous year. The majority of house sales (122) were in the £320,000 - £380,000 range. Then came properties in the £260,000 - £320,000 range, where 109 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,275 (-2%).

In Mar 2026, there were 133 new estate agency instructions, 115 agreed home sales and 117 property price reductions.

5-Year Average Property Prices in LU2 (Luton)

10.83%

Property prices in LU2 (Luton) increased by 10.83% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LU2 (Luton) Over the Last Year

1.99%

Property prices in LU2 (Luton) increased by 1.99% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LU2 (Luton) - Mar 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LU2 (Luton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LU2 (Luton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LU2 (Luton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LU2 (Luton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LU2 postcode area since 1995.

Recent Sales in LU2 (Luton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Westlecote Gardens, Luton, LU2 7DR	£500,000	£487,000	-£13,000	28 Jul 2025	15 Dec 2025	140 Days
10 Baylam Dell, Luton, LU2 9ST	£290,000	£285,000	-£5,000	23 Apr 2025	12 Dec 2025	233 Days
127 Rochford Drive, Luton, LU2 8ST	£525,000	£525,000	£0	14 Jul 2025	12 Dec 2025	151 Days
8 Belsham Place, Luton, LU2 9UT	£300,000	£295,000	-£5,000	13 May 2025	11 Dec 2025	212 Days
38 Richmond Hill, Luton, LU2 7JG	£230,000	£225,000	-£5,000	21 Jul 2025	08 Dec 2025	140 Days
12 Malthouse Green, Luton, LU2 8SN	£410,000	£400,000	-£10,000	20 Mar 2025	08 Dec 2025	263 Days
39 Copthorne, Luton, LU2 8RL	£490,000	£490,000	£0	27 Feb 2025	04 Dec 2025	280 Days
Flat 9, Ellesmere Court, Stirling Drive, Luton, LU2 0GD	£250,000	£245,000	-£5,000	25 Jul 2025	28 Nov 2025	126 Days
23 Ramridge Road, Luton, LU2 0TQ	£260,000	£260,000	£0	08 Jun 2025	28 Nov 2025	173 Days
16 Porlock Drive, Luton, LU2 9LL	£355,000	£347,000	-£8,000	12 Apr 2025	28 Nov 2025	230 Days
116 Devon Road, Luton, LU2 0RL	£350,000	£350,000	£0	04 Jul 2025	28 Nov 2025	147 Days
23 The Magpies, Luton, LU2 7XT	£535,000	£535,000	£0	07 May 2025	28 Nov 2025	205 Days
413 Hitchin Road, Luton, LU2 7SP	£330,000	£327,500	-£2,500	12 May 2025	28 Nov 2025	200 Days
65 Sunningdale, Luton, LU2 7TF	£325,000	£310,000	-£15,000	07 May 2025	28 Nov 2025	205 Days
489 Hitchin Road, Luton, LU2 7TT	£169,000	£165,000	-£4,000	08 Apr 2025	28 Nov 2025	234 Days
9 Ditton Green, Luton, LU2 8RU	£550,000	£540,000	-£10,000	29 May 2025	27 Nov 2025	182 Days
14 Gleneagles Drive, Luton, LU2 7TA	£325,000	£320,000	-£5,000	23 May 2025	24 Nov 2025	185 Days
Flat 74, Ellesmere Court, Stirling Drive, Luton, LU2 0GD	£280,000	£270,000	-£10,000	06 May 2025	21 Nov 2025	199 Days
29 Broadacres, Luton, LU2 7YF	£425,000	£400,000	-£25,000	14 Jan 2025	21 Nov 2025	311 Days
9 Warton Green, Luton, LU2 9TX	£210,000	£200,000	-£10,000	15 Aug 2025	21 Nov 2025	98 Days

Most Expensive Streets in LU2 (Luton)

Postcode	Street	Area	Average	No. of Sales
LU2 7EH	Old Bedford Road	Luton	£1,001,666	3
LU2 8LU	Hexton Road	Luton	£996,666	3
LU2 7BL	Old Bedford Road	Luton	£705,000	5
LU2 8LH	West Street	Luton	£614,833	6
LU2 7LT	Clinton Avenue	Luton	£609,500	4
LU2 8NN	Home Farm Court, Putteridge Park	Luton	£603,333	3
LU2 7LJ	Felstead Way	Luton	£592,937	16
LU2 7LS	Wendover Way	Luton	£583,333	3
LU2 7BJ	Winton Close	Luton	£546,666	3
LU2 8HT	Balcombe Close	Luton	£544,666	3

Least Expensive Streets in LU2 (Luton)

Postcode	Street	Area	Average	No. of Sales
LU2 7SG	Astra Court, Colin Road	Luton	£93,000	5
LU2 8JY	Burfield Court, Handcross Road	Luton	£117,187	8
LU2 8JJ	Dellfield Court, Handcross Road	Luton	£119,357	7
LU2 0QZ	Ketton Court, Ketton Close	Luton	£122,416	3
LU2 0BP	Ella Court, High Town Road	Luton	£131,833	3
LU2 7TQ	Fair Oak Drive	Luton	£133,333	6
LU2 8JZ	Garfield Court, Handcross Road	Luton	£140,100	5
LU2 0AL	Moulton Court, Moulton Rise	Luton	£142,281	8
LU2 0DT	High Town Road	Luton	£143,333	3
LU2 7PU	Popes Meadow Court, Wensleydale	Luton	£150,500	4