Area Guide For Luton

London Luton Airport (previously called Luton International Airport) is an international airport located 1.5 NM (2.8 km 1.7 mi) east of the town centre in the Borough of Luton in Bedfordshire, England and is 30.5 NM (56.5 km 35.1 mi) north of Central London. The airport is 2 mi (3.2 km) from Junction 10a of the M1 motorway. It is the fourth-largest airport serving the London area after Heathrow, Gatwick and Stansted, and is one of London's six international airports along with London City and Southend. In 2008, over 10 million passengers passed through the airport in a single year for the first time. However, passenger numbers were slightly lower during 2011 at 9.5 million, making Luton the fifth-busiest airport in the UK. The airport serves as a base for EasyJet, Monarch Airlines, Thomson Airways and Ryanair. The vast majority of the routes served are within Europe, although there are some charter and scheduled routes to destinations in Northern Africa and Asia. An airport was opened on the site on 16 July 1938 by the Secretary of State for Air, Kingsley Wood. During World War II, it was a base for Royal Air Force fighters. Situated where the valley of


Luton Map

Estimated Price: £200,656
Average Asking Price: £243,148
Price change in last one year: £15,869
Average Price Paid: £170,957
Average Rent Rates: £1,296


Property Prices Breakdown in Luton

Average Price for property in Luton is around £200,656 which varies based on type of property you are interested in and ranges from £330,964 for detached house to around £209,299 for semi-detached. Similarly terraced house is around £166,816 and a flat is worth £118,782. Values have been changing and have risen £359 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,139 in last 6 months, £15,869 in last 1 year, £23,387 in last 2 years, £27,659 in last 3 years, £26,933 in last 4 years and £27,994 in last 5 years.

Currently average asking price of a property in Luton is around £243,148 based on approximately 2,370 properties for sale. Same is the case with rental options based on 508 properties up for rent, average asking rent is around £1,296 per month.

Estimated property value in Luton is £200,656. Average asking price is £243,148 while average price paid is £180,226 which is up by £15,869 and Avg. asking rent £1,296.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Luton area. In last 1 year alone average price buyer paid is around £180,226 based on approximately 2,370 sales in Luton area alone. If you compare it to last 3 years sales of 6,409 properties where buyers paid around £173,430. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £170,957 for 10,171 and average amount paid for purchase of approx. 13,972 properties sold in last 7 years comes to about £169,877 per sale.


Properties For Sale in Luton


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £127,954, £176,623 for a 2 bedroom house, £218,884 for a 3 bedroom house, £341,470 for a 4 bedroom house and £362,853 for a 5 bedroom house. For a flat similarly the prices varies from £97,400 for a single bedroom to £123,245 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £197,999 and £215,000 for a 4 bedroom flat. To sum up the asking prices for properties in Luton it comes to around average £100,830 for 1 bedroom property, £152,158 for 2 bedroom, £218,403 for 3 bedroom, £339,270 for 4 bedroom and £362,853 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £617 for 1 bedroom to £749 for 2 bedrooms, £918 for 3 bedrooms, £1,188 for 4 bedrooms and £1,950 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £596. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £701, £778 for 3 bedroom, £1,001 for 4 bedroom and around £767 for 5 bedroom flat. You should be generally be expecting around average £602 rent per month for single bedroom property, £728 for 2 bedroom, £906 for 3 bedroom, £1,182 for 4 bedroom and approximately £1,358 for a 5 bedroom property in Luton area.

Popular Houses in Luton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Luton

Browse by Streets in Luton

Browse by Outcodes in Luton