House Prices in LU4 House Prices in LU4 (Luton)

The average house price in LU4 (Luton) is £348,060 using HM Land Registry data.

The average property price increased by £74,560 (9.72%) over the last 5 years and increased by £14,939 (1.65%) over the last 12 months.

Over the last year, there were 262 residential property sales – a decrease of 40 transactions (-15.27%) relative to the previous year. The majority of house sales (69) were in the £264,000 - £306,000 range. Then came properties in the £306,000 - £348,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 135 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,834 (-3%).

In March 2025, there were 69 new estate agency instructions, 43 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in LU4 (Luton)

9.72%

Property prices in LU4 (Luton) increased by 9.72% 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 LU4 (Luton) Over the Last Year

1.65%

Property prices in LU4 (Luton) increased by 1.65% 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.

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).

Property Market Heat Gauge for LU4 (Luton) - March 2025

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 LU4 (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 LU4 (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 LU4 (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 LU4 (Luton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LU4 postcode area since 1995.

Recent Sales in LU4 (Luton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Swan Mead, Luton, LU4 0YP£425,000£410,000-£15,00022 Aug 202419 Feb 2025181 Days
19 Coverdale, Luton, LU4 9JP£225,000£225,000£024 Jul 202413 Feb 2025204 Days
64a, Wordsworth Road, Luton, LU4 0LJ£375,000£360,000-£15,00031 May 202413 Feb 2025258 Days
404 Dunstable Road, Luton, LU4 8JU£400,000£400,000£018 Oct 202403 Feb 2025108 Days
57 Emerald Road, Luton, LU4 0NR£330,000£325,000-£5,00026 Jul 202431 Jan 2025189 Days
24 Hasketon Drive, Luton, LU4 9EZ£340,000£338,000-£2,00012 Oct 202430 Jan 2025110 Days
218 Poynters Road, Luton, LU4 0LD£275,000£270,000-£5,00024 Jun 202427 Jan 2025217 Days
22 Chalton Heights, Chalton, Luton, Central Bedfordshire, LU4 9UF£450,000£431,000-£19,00017 Sep 202427 Jan 2025132 Days
18 Linacres, Luton, LU4 9XP£425,000£420,000-£5,00005 Aug 202410 Dec 2024127 Days
17 Broxley Mead, Luton, LU4 9HP£290,000£278,000-£12,00008 Aug 202406 Dec 2024120 Days
18 Kimberley Close, Luton, LU4 0SL£300,000£300,000£029 Jul 202406 Dec 2024130 Days
6 Leicester Road, Luton, LU4 8SH£350,000£330,000-£20,00002 Aug 202403 Dec 2024123 Days
7 Heacham Close, Luton, LU4 0YJ£300,000£285,000-£15,00021 Jun 202429 Nov 2024161 Days
33 Addington Way, Luton, LU4 9FP£260,000£260,000£007 Mar 202429 Nov 2024267 Days
26 Holgate Drive, Luton, LU4 0XB£390,000£380,000-£10,00023 May 202415 Nov 2024176 Days
13 Jillifer Road, Luton, LU4 0NL£325,000£323,000-£2,00004 Jun 202408 Nov 2024157 Days
27 Highfield Road, Luton, LU4 8AZ£325,000£300,000-£25,00016 Feb 202408 Nov 2024266 Days
14 Sudbury Road, Luton, LU4 9HF£360,000£332,500-£27,50009 Feb 202408 Nov 2024273 Days
16 Poets Green, Luton, LU4 0LQ£300,000£290,000-£10,00011 Jul 202405 Nov 2024117 Days
12 Jillifer Road, Luton, LU4 0NL£325,000£320,000-£5,00005 Jun 202401 Nov 2024149 Days

Most Expensive Streets in LU4 (Luton)

PostcodeStreetAreaAverageNo. of Sales
LU4 9UGLuton Road, ChaltonLuton£646,2504
LU4 9UASundon Road, ChaltonLuton£636,1427
LU4 9ASGrange AvenueLuton£486,2504
LU4 8RBHalfway AvenueLuton£472,5004
LU4 9AZCompton AvenueLuton£443,7504
LU4 9XPLinacresLuton£425,8336
LU4 8SEDunstable RoadLuton£424,8483
LU4 9ARBelgrave RoadLuton£413,3505
LU4 9UFChalton Heights, ChaltonLuton£408,66615
LU4 0DDBampton RoadLuton£406,5003

Least Expensive Streets in LU4 (Luton)

PostcodeStreetAreaAverageNo. of Sales
LU4 8FRTrilby Court, Bongrace WalkLuton£79,4755
LU4 9BDBrocket Court, Vincent RoadLuton£96,7504
LU4 9BBWoburn Court, Vincent RoadLuton£118,0836
LU4 0HFSwanston GrangeLuton£118,8577
LU4 9XHRodeheathLuton£120,3336
LU4 9JSAubrey GardensLuton£121,6254
LU4 9XQCoverdaleLuton£131,8333
LU4 0XTColtsfoot GreenLuton£134,5003
LU4 9DQJonathan Henry PlaceLuton£142,4374
LU4 8DTKingswayLuton£152,2005

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