Luton property prices

The average property price in Luton postcode area is £314k. The average price increased by £437 (0%) over the last twelve months. The price of an established property is £312k. The price of a newly built property is £433k. There were 4.2k property sales and sales increased by 9.7% (426 transactions). Most properties were sold in the £300k-£400k price range with 1188 (28.6%) properties sold, followed by £250k-£300k price range with 943 (22.7%) properties sold.

April 2021 - March 2022

Luton postcode area

England and Wales

£314k

average property price

£337k

average property price

0%

average price percentage change

1%

average price percentage change

£437

average price change

£3.4k

average price change

Luton house prices map

This price map shows the average property price in a given postcode sector between April 2021 - March 2022. The most affordable place was 'LU1 2' with the average price of £95.3k. The most expensive place was 'LU6 2', £513k.

Luton house prices map

Luton house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between April 2021 - March 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Luton house prices compared to other areasAverage price percentage change
Average property price

Luton house price rank

With the average price of £314k, Luton is the 50. most pricey postcode area out of 105 England and Wales' postcode areas.

Luton house price rank

Luton property sales share by price range

shows a number of properties sold in a given price range between April 2021 - March 2022.

Luton property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k1.2%50
£100k-£150k4.5%187
£150k-£200k10.3%427
£200k-£250k16.3%677
£250k-£300k22.7%943
£300k-£400k28.6%1.2k
£400k-£500k9.4%390
£500k-£750k5.4%225
£750k-£1M1.4%60
over £1M0.3%14

Luton cost comparison of new homes and older homes

April 2021 - March 2022

Luton cost comparison of new homes and older homes

£433k

A newly built property

£312k

An established property

Luton cost comparison of houses and flats

April 2021 - March 2022

Luton cost comparison of houses and flats

£492k

Detached

£164k

Flat

£321k

Semi-Detached

£267k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Luton real house prices

Yearly average nominal house prices adjusted for inflation.

Luton real house prices

Luton house prices

Yearly average nominal prices compared to England & Wales' house prices

Luton house prices

Luton house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Luton house prices per square meter

Luton house prices and nearby areas

Yearly average nominal prices

Luton house prices and nearby areas

Luton house prices by property type

Yearly average nominal prices

Luton house prices by property type

Luton house price to earnings ratio

The median property price to median earnings ratio is ranging between 8.5 in Luton and 8.6 in Central Bedfordshire. Ie. Luton resident with middle-income needs 8.5 gross annual salaries to buy a medium-priced property. Resident in Central Bedfordshire needs 8.6 annual salaries. The England and Wales ratio was 7.69 in 2020.
Luton house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
England and Wales7.69
Luton8.5
Central Bedfordshire8.6

Other reports for Luton postcode area

house prices per square meter

new home prices

property transactions

salary and unemployment

energy costs

crime statistics

home energy certificates

home features

population statistics

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