Buxton Road - LU1 1RE
Key Postcode Insights
LU1 1RE is a residential postcode situated on Buxton Road, Luton, LU1 with 111 addresses.
It ranks as the 816th largest and 128th most expensive of the 822 postcodes in the LU1 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 111 properties: 14 houses and 97 flats.
- Ave. Sale Price
- £154,218
- 10 Year change
- up 16.1%
- Ave. Rental Price
- £930pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £333/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
LU1 1RE is a residential postcode situated on Buxton Road, Luton, LU1 with 111 addresses.
It ranks as the 816th largest and 128th most expensive of the 822 postcodes in the LU1 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 111 properties: 14 houses and 97 flats.
- Ave. Sale Price
- £154,218
- 10 Year change
- up 16.1%
- Ave. Rental Price
- £930pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £333/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin LU1 1RE
- Peak Place
Modern Building | 6 Units
- 22 Buxton Road
1 Bed Modern Flat
- 24 Buxton Road
2 Bed Modern Flat
- 26 Buxton Road
Period Building | 7 Units
- 28 Buxton Road
4 Bed Period House
Sales Market Trends
The last sale in LU1 1RE sold for £136,500 on 8th November 2024. Since then prices are up an average of 0.7%.
The current average value in the postcode is £154,218.
The LU1 1RE Sales Market has increased by 16.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £154,218 |
| June 2025 | 2.4% | £154,610 |
| June 2024 | -0.1% | £150,947 |
| June 2023 | -1% | £151,167 |
| June 2022 | 7.4% | £152,621 |
| June 2021 | 3.7% | £142,124 |
| June 2020 | 2.8% | £137,063 |
| June 2019 | -6% | £133,381 |
| June 2018 | 0.8% | £141,958 |
| June 2017 | 6% | £140,773 |
| June 2016 | 24.2% | £132,791 |
| June 2015 | 11.4% | £106,935 |
| June 2014 | 7.1% | £96,034 |
| June 2013 | 3.8% | £89,681 |
| June 2012 | 0.3% | £86,391 |
| June 2011 | 0.7% | £86,147 |
| June 2010 | 4.9% | £85,554 |
| June 2009 | -17.2% | £81,578 |
| June 2008 | -4.6% | £98,499 |
| June 2007 | 0% | £103,267 |
Rental Market Trends
The current average rental value in the postcode is £930.
The LU1 1RE Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £930pcm |
| June 2025 | 2% | £905pcm |
| June 2024 | 7.2% | £886pcm |
| June 2023 | 16.6% | £827pcm |
| June 2022 | 8.2% | £709pcm |
| June 2021 | 2.2% | £655pcm |
| June 2020 | -1.5% | £641pcm |
| June 2019 | 0.6% | £651pcm |
| June 2018 | -3.3% | £647pcm |
| June 2017 | 2.1% | £669pcm |
| June 2016 | 7.5% | £655pcm |
| June 2015 | 10.1% | £609pcm |
| June 2014 | 5.1% | £553pcm |
| June 2013 | 0.7% | £527pcm |
| June 2012 | 1.1% | £523pcm |
| June 2011 | 3.2% | £518pcm |
| June 2010 | 1.5% | £501pcm |
| June 2009 | -7.9% | £494pcm |
| June 2008 | 0.5% | £536pcm |
| June 2007 | 0% | £533pcm |
Sales History
The last sale was on 8th November 2024 for £136,500 and since then the market in the area has increased by 0.7%. The postcode has had a total of 91 sales since 1995.
LU1 1RE has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£136,500 | 2 Bed Flat24, Buxton Road, Luton, LU1 1RE24, Buxton Road, Luton, LU1 1RE
- Sold Nov 2024£147,500 | 2 Bed Flat51B, Buxton Road, Luton, LU1 1RE51B, Buxton Road, Luton, LU1 1RE
- Sold Jan 2024£136,500 | 1 Bed Flat22, Buxton Road, Luton, LU1 1RE22, Buxton Road, Luton, LU1 1RE
- Sold Jun 2023£361,000 | 1 Bed FlatFlat 1, 26, Buxton Road, Luton, LU1 1REFlat 1, 26, Buxton Road, Luton, LU1 1RE
- Sold Jun 2023£361,000 | 1 Bed FlatFlat 1, 26, Buxton Road, Luton, LU1 1REFlat 1, 26, Buxton Road, Luton, LU1 1RE
Nearby Postcodes
LU1 1RE is the 816th largest and the 128th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 1FU, Buxton Road, Luton, LU1LU1 1FU5 Addresses|28 m away
- LU1 1RF, Napier Road, Luton, LU1LU1 1RF70 Addresses|63 m away
- LU1 5AT, Princess Street, Luton, LU1LU1 5AT81 Addresses|67 m away
- LU1 5BD, Adelaide Street, Luton, LU1LU1 5BD11 Addresses|70 m away
- LU1 5FB, Dumfries Street, Luton, LU1LU1 5FB6 Addresses|75 m away
Property Types
- 9 period houses built between 1800 and 1911
- 65 period flats built between 1800 and 1911
- 34 modern flats built after 1980
- 3 other addresses of unknown type
- period house (9)
- period flat (65)
- modern flat (34)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 74 properties.
- The most common rating is C.
- A (0)
- E (11)
- B (9)
- F (0)
- C (33)
- G (0)
- D (21)
- No EPC (37)
Top 3 Most Expensive Sales
- Sold May 2021£485,000 | 1 Bed FlatFlat A, 40, Buxton Road, Luton, LU1 1REFlat A, 40, Buxton Road, Luton, LU1 1RE
- Sold Feb 2024£400,000 | 1 Bed FlatFlat 1, Everest Court 71, Buxton Road, Luton, LU1 1FUFlat 1, Everest Court 71, Buxton Road, Luton, LU1 1FU
- Sold Jun 2023£361,000 | 1 Bed FlatFlat 1, 26, Buxton Road, Luton, LU1 1REFlat 1, 26, Buxton Road, Luton, LU1 1RE
Schools Nearby
- Hillborough Junior School600 m away
- Hillborough Infant and Nursery School600 m away
- Dallow Primary School700 m away
- The Stockwood Park Academy1.3 km away
- Chiltern Academy1.5 km away
- Denbigh High School1.6 km away
More reading links
Public Transport Nearby
The closest station to LU1 1RE is Luton station, which is 800 metres away.
- Luton|800 m away
- Luton Airport Parkway|1.8 km away
- Leagrave|4.0 km away
- Harpenden|8.5 km away