Princes Place, Knights Field - LU2 7LN
Key Building Insights
Princes Place, Knights Field is a residential building situated on Knights Field, Luton, LU2 with 18 addresses.
It ranks as the 541st largest and 461st most expensive of the 590 buildings in the LU2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 18 properties: 17 flats and 1 other property.
- Ave. Sale Price
- £202,686
- 10 Year change
- up 9.5%
- Ave. Rental Price
- £966pcm
- 10 Year change
- up 33.5%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Building Insights
Princes Place, Knights Field is a residential building situated on Knights Field, Luton, LU2 with 18 addresses.
It ranks as the 541st largest and 461st most expensive of the 590 buildings in the LU2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 18 properties: 17 flats and 1 other property.
- Ave. Sale Price
- £202,686
- 10 Year change
- up 9.5%
- Ave. Rental Price
- £966pcm
- 10 Year change
- up 33.5%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties on Knights Field, Luton, LU2
- Flat 1 Princes Place
2 Bed Modern Flat
- Flat 2 Princes Place
2 Bed Modern Flat
- Flat 3 Princes Place
2 Bed Modern Flat
- Flat 4 Princes Place
2 Bed Modern Flat
- Flat 5 Princes Place
1 Bed Modern Flat
Sales Market Trends
The last sale in Princes Place, Knights Field sold for £198,000 on 13th January 2023. Since then prices are up an average of 5.1%.
The current average value in the building is £202,686.
The Princes Place, Knights Field Sales Market has increased by 9.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £202,686 |
| June 2025 | 0.7% | £205,121 |
| June 2024 | -0.1% | £203,599 |
| June 2023 | -2.1% | £203,703 |
| June 2022 | 8% | £208,089 |
| June 2021 | 3.1% | £192,627 |
| June 2020 | 0.8% | £186,751 |
| June 2019 | -4.2% | £185,336 |
| June 2018 | 0.5% | £193,424 |
| June 2017 | 4% | £192,527 |
| June 2016 | 20.1% | £185,133 |
| June 2015 | 12.7% | £154,121 |
| June 2014 | 8% | £136,717 |
| June 2013 | 1.3% | £126,581 |
| June 2012 | -0.8% | £124,961 |
| June 2011 | 0% | £125,962 |
| June 2010 | 4.3% | £125,980 |
| June 2009 | -14.6% | £120,734 |
| June 2008 | -4.6% | £141,362 |
| June 2007 | 0% | £148,211 |
Rental Market Trends
The current average rental value in the building is £966.
The Princes Place, Knights Field Rental Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £966pcm |
| June 2025 | 0.8% | £951pcm |
| June 2024 | 9.5% | £944pcm |
| June 2023 | 13.7% | £862pcm |
| June 2022 | 5.1% | £758pcm |
| June 2021 | 1.9% | £721pcm |
| June 2020 | 0.7% | £708pcm |
| June 2019 | -0.7% | £703pcm |
| June 2018 | -3.4% | £708pcm |
| June 2017 | 1.3% | £733pcm |
| June 2016 | 8% | £724pcm |
| June 2015 | 8.4% | £670pcm |
| June 2014 | 3.8% | £618pcm |
| June 2013 | 0.4% | £595pcm |
| June 2012 | 1% | £593pcm |
| June 2011 | 4.2% | £587pcm |
| June 2010 | 1.2% | £563pcm |
| June 2009 | -7.4% | £557pcm |
| June 2008 | 0.1% | £602pcm |
| June 2007 | 0% | £601pcm |
Sales History
The last recorded sale was on 13th January 2023 for £198,000 and since then the market in the area has increased by 5.1%.
Princes Place, Knights Field, Luton, LU2 7LN has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jan 2023£198,000 | 3 Bed FlatFlat 13, Princes Place, Knights Field, Luton, LU2 7LNFlat 13, Princes Place, Knights Field, Luton, LU2 7LN
- Sold Jun 2021£185,000 | 1 Bed FlatFlat 18, Princes Place, Knights Field, Luton, LU2 7LNFlat 18, Princes Place, Knights Field, Luton, LU2 7LN
- Sold Apr 2020£182,500 | 2 Bed FlatFlat 17, Princes Place, Knights Field, Luton, LU2 7LNFlat 17, Princes Place, Knights Field, Luton, LU2 7LN
Property Types
- 17 modern flats built after 1980
- 1 other address of unknown type
- modern flat (17)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (7)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2023£262,500 | 2 Bed FlatFlat 13, Queens Court, Knights Field, Luton, LU2 7LNFlat 13, Queens Court, Knights Field, Luton, LU2 7LN
- Sold Feb 2021£245,000 | 3 Bed FlatFlat 12, Lords Place, Knights Field, Luton, LU2 7LDFlat 12, Lords Place, Knights Field, Luton, LU2 7LD
- Sold Aug 2022£235,000 | 2 Bed FlatFlat 9, Lords Place, Knights Field, Luton, LU2 7LDFlat 9, Lords Place, Knights Field, Luton, LU2 7LD
Schools Nearby
- River Bank Primary School600 m away
- St Matthew's Primary School700 m away
- Beech Hill Community Primary School1.0 km away
- Denbigh High School500 m away
- Stopsley High School1.6 km away
- Icknield High School2.1 km away
More reading links
Public Transport Nearby
The closest station to Princes Place, Knights Field, Luton, LU2 7LN is Luton station, which is 900 metres away.
- Luton|900 m away
- Luton Airport Parkway|2.4 km away
- Leagrave|3.2 km away
- Harpenden|9.5 km away