Bute Street - LU1 2EP
Key Postcode Insights
LU1 2EP is a residential postcode situated on Bute Street, Luton, LU1 with 33 addresses.
It ranks as the 532nd largest and 43rd most expensive of the 822 postcodes in the LU1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 33 properties: 33 flats.
- Ave. Sale Price
- £123,857
- 10 Year change
- up 8.5%
- Ave. Rental Price
- £812pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Postcode Insights
LU1 2EP is a residential postcode situated on Bute Street, Luton, LU1 with 33 addresses.
It ranks as the 532nd largest and 43rd most expensive of the 822 postcodes in the LU1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 33 properties: 33 flats.
- Ave. Sale Price
- £123,857
- 10 Year change
- up 8.5%
- Ave. Rental Price
- £812pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Propertiesin LU1 2EP
- Coral Court
Modern Building | 8 Units
- The Engine
Modern Building | 8 Units
- 47-53 Bute Street
Modern Building | 8 Units
- 52-54 Bute Street
Period Building | 6 Units
- 56 Bute Street
Building | 3 Flats
Sales Market Trends
The current average value in the postcode is £123,857.
The LU1 2EP Sales Market has increased by 8.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £123,857 |
| June 2025 | 0.8% | £125,477 |
| June 2024 | -0.1% | £124,466 |
| June 2023 | -1.2% | £124,594 |
| June 2022 | 5.7% | £126,049 |
| June 2021 | 2.5% | £119,294 |
| June 2020 | 2.8% | £116,392 |
| June 2019 | -6% | £113,244 |
| June 2018 | 0.2% | £120,472 |
| June 2017 | 5.3% | £120,182 |
| June 2016 | 23.1% | £114,160 |
| June 2015 | 11.1% | £92,721 |
| June 2014 | 6.2% | £83,492 |
| June 2013 | 3.3% | £78,652 |
| June 2012 | -0.5% | £76,159 |
| June 2011 | 1.4% | £76,512 |
| June 2010 | 4.4% | £75,438 |
| June 2009 | -17.6% | £72,291 |
| June 2008 | -5.6% | £87,740 |
| June 2007 | 0% | £92,931 |
Rental Market Trends
The current average rental value in the postcode is £812.
The LU1 2EP Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £812pcm |
| June 2025 | 0.5% | £798pcm |
| June 2024 | 7.6% | £794pcm |
| June 2023 | 16.1% | £738pcm |
| June 2022 | 6% | £636pcm |
| June 2021 | 1.1% | £600pcm |
| June 2020 | -0.9% | £594pcm |
| June 2019 | 0.2% | £599pcm |
| June 2018 | -3.8% | £598pcm |
| June 2017 | 1.6% | £622pcm |
| June 2016 | 7.2% | £613pcm |
| June 2015 | 9.4% | £572pcm |
| June 2014 | 3.9% | £523pcm |
| June 2013 | 0.4% | £503pcm |
| June 2012 | 0.5% | £501pcm |
| June 2011 | 4.2% | £498pcm |
| June 2010 | 1% | £478pcm |
| June 2009 | -8.7% | £473pcm |
| June 2008 | -0.6% | £518pcm |
| June 2007 | 0% | £521pcm |
Nearby Postcodes
LU1 2EP is the 532nd largest and the 43rd most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 2HZ, Barbers Lane, Luton, LU1LU1 2HZ12 Addresses|46 m away
- LU1 2NL, Guildford Street, Luton, LU1LU1 2NL39 Addresses|49 m away
- LU1 2EY, Bute Street, Luton, LU1LU1 2EY13 Addresses|80 m away
- LU1 2HN, Cheapside, Luton, LU1LU1 2HN62 Addresses|85 m away
- LU1 2TH, The Mall, Luton, LU1LU1 2TH1 Addresses|94 m away
Property Types
- 6 period flats built between 1800 and 1911
- 27 modern flats built after 1980
- period flat (6)
- modern flat (27)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is C.
- A (0)
- E (7)
- B (0)
- F (1)
- C (12)
- G (0)
- D (10)
- No EPC (3)
Schools Nearby
- St Matthew's Primary School700 m away
- Dallow Primary School1.0 km away
- Tennyson Road Primary School1.1 km away
- Chiltern Academy1.3 km away
- Denbigh High School1.4 km away
- The Stockwood Park Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to LU1 2EP is Luton station, which is 200 metres away.
- Luton|200 m away
- Luton Airport Parkway|1.6 km away
- Leagrave|4.0 km away
- Harpenden|8.5 km away