LU1 1GZ is a residential postcode situated on Cardiff Road, Luton, LU1 with 6 addresses.
It ranks as the 124th largest and 38th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
LU1 1GZ is a residential postcode situated on Cardiff Road, Luton, LU1 with 6 addresses.
It ranks as the 124th largest and 38th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
Sale prices range from £116,489 for 1 bedroom Leasehold flats (279 ft2) to £116,489 for 1 bedroom Leasehold flats (279 ft2) .
Monthly rental prices range from £737 pcm for 1 bed flats to £737 pcm for 1 bed flats.
The gross rental yield is between 7.6% and 7.6%.
The average value per square foot is £395.
The last sale in LU1 1GZ sold for £60,000 on 26th June 1998. Since then prices are down an average of 0.0%.
The current average value in the postcode is £116,489.
The LU1 1GZ Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £116,489 |
| April 2025 | 1.8% | £113,735 |
| April 2024 | -0.2% | £111,688 |
| April 2023 | 0.4% | £111,895 |
| April 2022 | 3.5% | £111,399 |
| April 2021 | 3.4% | £107,663 |
| April 2020 | 0.9% | £104,076 |
| April 2019 | -6.2% | £103,148 |
| April 2018 | 1.4% | £109,991 |
| April 2017 | 8.3% | £108,437 |
| April 2016 | 22.7% | £100,094 |
| April 2015 | 11.1% | £81,594 |
| April 2014 | 7.3% | £73,437 |
| April 2013 | 0.9% | £68,449 |
| April 2012 | -1.2% | £67,855 |
| April 2011 | 1.2% | £68,704 |
| April 2010 | 0.3% | £67,922 |
| April 2009 | -17.2% | £67,724 |
| April 2008 | -0.6% | £81,812 |
| April 2007 | 0% | £82,338 |
The current average rental value in the postcode is £737.
The LU1 1GZ Rental Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £737pcm |
| April 2025 | 1.5% | £717pcm |
| April 2024 | 10.2% | £707pcm |
| April 2023 | 12.8% | £641pcm |
| April 2022 | 5.8% | £568pcm |
| April 2021 | 0.1% | £537pcm |
| April 2020 | -2% | £537pcm |
| April 2019 | -0.1% | £547pcm |
| April 2018 | -4% | £548pcm |
| April 2017 | 4.7% | £571pcm |
| April 2016 | 8.2% | £545pcm |
| April 2015 | 9.3% | £504pcm |
| April 2014 | 3% | £461pcm |
| April 2013 | -0.6% | £447pcm |
| April 2012 | 0% | £450pcm |
| April 2011 | 1.7% | £450pcm |
| April 2010 | -0.2% | £442pcm |
| April 2009 | -7.2% | £443pcm |
| April 2008 | 2.1% | £477pcm |
| April 2007 | 0% | £468pcm |
The last sale was on 26th June 1998 for £60,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
LU1 1GZ has seen no sales in the last three years and no sales in the last twelve months.
LU1 1GZ is the 124th largest and the 38th most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 1GZ is Luton station which is 700 metres away.
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