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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LU1 2BUHouse Prices / East of England, Luton, Bute Street
Last updated May 2026
Key Postcode Insights
LU1 2BU is a residential postcode situated on Bute Street, Luton, LU1 with 9 addresses.
It ranks as the 205th largest and 214th most expensive of the 818 postcodes in the LU1 area.
The postcode contains a total of 9 properties: 1 house and 8 flats.
9
Properties
- Houses
- Flats
Key Postcode Insights
LU1 2BU is a residential postcode situated on Bute Street, Luton, LU1 with 9 addresses.
It ranks as the 205th largest and 214th most expensive of the 818 postcodes in the LU1 area.
The postcode contains a total of 9 properties: 1 house and 8 flats.
9
Properties
- Houses
- Flats
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House Pricesin LU1 2BU
Sale prices range from £157,034 for 2 bedroom leasehold flats (699 ft2) to £226,091 for 2 bedroom freehold houses with a garden (581 ft2) .
Monthly rental prices range from £941 pcm for 2 bed flats to £1,234 pcm for 2 bed houses.
The gross rental yield is between 6.6% and 7.2%.
The average value per square foot is £224.
Average Sale Value
£164,707
Average Rental Value
£973 pcm
Average Rental Yield
7.1% /year
Average Value Per Sqft
£224 /ft2
Sales Market Trendsin LU1 2BU
The current average value in the postcode is £164,707.
The LU1 2BU Sales Market has increased by 23.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £164,707 |
| April 2025 | 2% | £162,850 |
| April 2024 | -1.4% | £159,594 |
| April 2023 | 1.9% | £161,861 |
| April 2022 | 6.9% | £158,851 |
| April 2021 | 4.8% | £148,585 |
| April 2020 | 1.7% | £141,791 |
| April 2019 | -5.8% | £139,439 |
| April 2018 | 2.4% | £148,091 |
| April 2017 | 8.2% | £144,667 |
| April 2016 | 23.8% | £133,648 |
| April 2015 | 11.4% | £107,948 |
| April 2014 | 6.9% | £96,874 |
| April 2013 | 2.3% | £90,590 |
| April 2012 | 0.3% | £88,590 |
| April 2011 | 1.3% | £88,368 |
| April 2010 | 2.3% | £87,241 |
| April 2009 | -16.9% | £85,312 |
| April 2008 | -0.5% | £102,696 |
| April 2007 | 0% | £103,263 |
Rental Market Trendsin LU1 2BU
The current average rental value in the postcode is £973.
The LU1 2BU Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £973pcm |
| April 2025 | 1.9% | £958pcm |
| April 2024 | 9.2% | £940pcm |
| April 2023 | 14.4% | £861pcm |
| April 2022 | 8.5% | £753pcm |
| April 2021 | 1.7% | £694pcm |
| April 2020 | -0.6% | £683pcm |
| April 2019 | -0.3% | £687pcm |
| April 2018 | -2.9% | £689pcm |
| April 2017 | 4.7% | £710pcm |
| April 2016 | 9.7% | £678pcm |
| April 2015 | 9.1% | £618pcm |
| April 2014 | 2.6% | £566pcm |
| April 2013 | 1% | £552pcm |
| April 2012 | 1.8% | £546pcm |
| April 2011 | 2.3% | £537pcm |
| April 2010 | 1.6% | £524pcm |
| April 2009 | -7.3% | £516pcm |
| April 2008 | 2.1% | £557pcm |
| April 2007 | 0% | £545pcm |
Properties and Buildingsin LU1 2BU, Bute Street, Luton, LU1
- 6, Bute Street, Luton, LU1 2BU
- 8-10, Bute Street, Luton, LU1Building 8 units
Nearby Postcodesto LU1 2BU
LU1 2BU is the 205th largest and the 214th most expensive postcode out of the 818 postcodes in the LU1 area.
- 40 mLU1 2TY, Royal London Mall, Luton, LU1LU1 2TY1 Addresses
- 53 mLU1 2BD, George Street, Luton, LU1LU1 2BD11 Addresses
- 66 mLU1 2TJ, The Mall, Luton, LU1LU1 2TJ5 Addresses
- 68 mLU1 2AZ, George Street, Luton, LU1LU1 2AZ8 Addresses
- 68 mLU1 2AL, George Street, Luton, LU1LU1 2AL1 Addresses
- 75 mLU1 2TL, The Mall, Luton, LU1LU1 2TL4 Addresses
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Property Typesin LU1 2BU
- 9 other addresses of unknown type
- Unknown (9)
Energy Efficiencyof properties in LU1 2BU
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (9)
Schools Nearbyto LU1 2BU
The nearest primary school to LU1 2BU is St Matthew's Primary School which is 851 metres away.
- 851mSt Matthew's Primary School
- 919mDallow Primary School
- 950mHillborough Junior School
The nearest secondary school is Chiltern Academy which is 1.3 kilometres away.
- 1.3kmChiltern Academy
- 1.5kmDenbigh High School
- 1.7kmThe Stockwood Park Academy
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Public Transport Nearbyto LU1 2BU
The closest station to LU1 2BU is Luton station which is 300 metres away.
- 348mLuton
- 1.6kmLuton Airport Parkway
- 4.1kmLeagrave
- 8.4kmHarpenden
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