Luton House Prices
Compare Luton sold prices, asking prices, neighbourhood costs, rents and rental yields, with practical context for buyers, sellers and investors.
Property market overview
Luton's average selling price is £303,452. Prices have risen 0.1% over the past year in cash terms, but fallen 2.6% after inflation. Over ten years, a 41.9% nominal increase becomes a 0.1% fall in real terms.
Luton asking prices and rents
The all-residential asking average is £326,600, advertised rent is £1,289 a month and gross yield is 4.74%. Flats, houses, bungalows, maisonettes and studios are compared separately on the full report.
Comparing Luton neighbourhoods
LU1, LU2, LU3 and LU4 are compared by sold price, asking price, asking price per square metre, rent per square metre and gross rental yield.
| Area | Average sold | Average asking | Asking £/m² | Gross yield |
|---|---|---|---|---|
| LU1 | £291,850 | £367,642 | £3,954 | 3.74% |
| LU2 | £317,118 | £326,741 | £3,794 | 4.84% |
| LU3 | £323,921 | £359,847 | £3,933 | 4.62% |
| LU4 | £308,113 | £312,037 | £3,715 | 5.52% |
Rents and yields by bedroom
Two-bedroom flats and apartments average £194,582 with advertised rent of £1,319 a month, while two-bedroom houses average £262,982 and £1,325 a month.
What is changing in Luton
Airport expansion, The Stage, town-centre regeneration and changes in local employment all shape Luton's outlook. The full report includes current large residential planning approvals.
Community profile
The full report compares population, tenure, qualifications, economic activity and recent central Luton crime categories.
The decision for buyers, sellers and investors
Buyers can compare LU4 for price per square metre and LU2 for its more modest asking-to-sold gap. Sellers should begin with recent comparable sales, while investors should test rental income against all ownership costs.