The average property price in Luton city is £288k. The average price increased by £14.6k (5%) over the last twelve months. The price of an established property is £286k. The price of a newly built property is £402k. There were 2.2k property sales and sales increased by 22.9% (460 transactions). Most properties were sold in the £300k-£400k price range with 567 (26.2%) properties sold, followed by £250k-£300k price range with 550 (25.4%) properties sold.
Luton city | England and Wales |
---|---|
£288kaverage property price | £337kaverage property price |
5%average price percentage change | 1%average price percentage change |
£14.6kaverage price change | £3.4kaverage price change |
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 'LU2 8', £317k.
Comparison of the average property price and an average price percentage change by city. 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 city.
With the average price of £288k, Luton is the 40. most pricey city out of 113 England and Wales' cities.
shows a number of properties sold in a given price range between April 2021 - March 2022.
Property price range | Market share | Sales volumes |
---|---|---|
█ £50k-£100k | 1.3% | 29 |
█ £100k-£150k | 5.7% | 124 |
█ £150k-£200k | 10.6% | 230 |
█ £200k-£250k | 20.0% | 434 |
█ £250k-£300k | 25.4% | 550 |
█ £300k-£400k | 26.2% | 567 |
█ £400k-£500k | 7.3% | 159 |
█ £500k-£750k | 2.7% | 58 |
█ £750k-£1M | 0.5% | 11 |
█ over £1M | 0.1% | 3 |
April 2021 - March 2022
April 2021 - March 2022
Yearly average nominal house prices adjusted for inflation.
Yearly average nominal prices compared to England & Wales' house prices
Yearly average nominal price per square meter compared to England & Wales' house prices
Yearly average nominal prices
Yearly average nominal prices