The price of a newly built property is £466k in Luton postcode area. The price increased by £34.5k (8%) over the last twelve months. The price of an established property is £327k. There were 55 sales of newly build properties. Most new properties were sold in the £400k-£500k price range with 23 (41.8%) properties sold, followed by £500k-£750k price range with 17 (30.9%) properties sold. Most new homes were sold in LU7 3, with 24 sold to date from March 2023 - February 2024.
March 2023 - February 2024 | Luton postcode area | England & Wales |
---|---|---|
Average price of a new home | £466k | £431k |
Average price change | 8% £34.5k | 13% £50.0k |
March 2023 - February 2024
New or established | Average price |
---|---|
█ A newly built property | £466k |
█ An established property | £327k |
March 2023 - February 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between March 2023 - February 2024. See also Luton property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £300k-£400k | 27.3% | 15 |
█ £400k-£500k | 41.8% | 23 |
█ £500k-£750k | 30.9% | 17 |
March 2023 - February 2024
March 2023 - February 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year