Bute Street - LU1 2BU
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 207th most expensive of the 822 postcodes in the LU1 area.
The postcode contains a total of 9 properties: 1 house and 8 flats.
- Ave. Sale Price
- £161,943
- 10 Year change
- up 17.8%
- Ave. Rental Price
- £1,019pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 7.6%/year/yr
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 207th most expensive of the 822 postcodes in the LU1 area.
The postcode contains a total of 9 properties: 1 house and 8 flats.
- Ave. Sale Price
- £161,943
- 10 Year change
- up 17.8%
- Ave. Rental Price
- £1,019pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Sales Market Trends
The current average value in the postcode is £161,943.
The LU1 2BU Sales Market has increased by 17.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £161,943 |
| June 2025 | 2.3% | £162,798 |
| June 2024 | -0.9% | £159,186 |
| June 2023 | -0.5% | £160,663 |
| June 2022 | 8.6% | £161,456 |
| June 2021 | 4.2% | £148,672 |
| June 2020 | 2.8% | £142,617 |
| June 2019 | -5.9% | £138,788 |
| June 2018 | 1.1% | £147,536 |
| June 2017 | 6.2% | £145,963 |
| June 2016 | 24.2% | £137,424 |
| June 2015 | 12.2% | £110,637 |
| June 2014 | 7.2% | £98,616 |
| June 2013 | 3.6% | £92,007 |
| June 2012 | 0.7% | £88,770 |
| June 2011 | 0.9% | £88,180 |
| June 2010 | 5.5% | £87,370 |
| June 2009 | -17.1% | £82,820 |
| June 2008 | -4.6% | £99,848 |
| June 2007 | 0% | £104,619 |
Rental Market Trends
The current average rental value in the postcode is £1,019.
The LU1 2BU Rental Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,019pcm |
| June 2025 | 2% | £994pcm |
| June 2024 | 6.7% | £975pcm |
| June 2023 | 16.9% | £914pcm |
| June 2022 | 8.9% | £782pcm |
| June 2021 | 2.8% | £718pcm |
| June 2020 | -0.9% | £698pcm |
| June 2019 | 0.2% | £705pcm |
| June 2018 | -3% | £703pcm |
| June 2017 | 2.5% | £725pcm |
| June 2016 | 8.1% | £708pcm |
| June 2015 | 10.5% | £655pcm |
| June 2014 | 4.9% | £592pcm |
| June 2013 | 0.8% | £565pcm |
| June 2012 | 1.6% | £560pcm |
| June 2011 | 3.7% | £551pcm |
| June 2010 | 2.1% | £532pcm |
| June 2009 | -8% | £521pcm |
| June 2008 | 0.5% | £566pcm |
| June 2007 | 0% | £563pcm |
Nearby Postcodes
LU1 2BU is the 205th largest and the 207th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 2TY, Royal London Mall, Luton, LU1LU1 2TY2 Addresses|40 m away
- LU1 2BD, George Street, Luton, LU1LU1 2BD11 Addresses|53 m away
- LU1 2TJ, The Mall, Luton, LU1LU1 2TJ8 Addresses|66 m away
- LU1 2AZ, George Street, Luton, LU1LU1 2AZ8 Addresses|68 m away
- LU1 2AL, George Street, Luton, LU1LU1 2AL1 Addresses|68 m away
Property Types
- 9 other addresses of unknown type
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (9)
Schools Nearby
- St Matthew's Primary School900 m away
- Dallow Primary School900 m away
- Hillborough Junior School900 m away
- Chiltern Academy1.3 km away
- Denbigh High School1.5 km away
- The Stockwood Park Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to LU1 2BU is Luton station, which is 300 metres away.
- Luton|300 m away
- Luton Airport Parkway|1.6 km away
- Leagrave|4.1 km away
- Harpenden|8.4 km away
