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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LU1 2EPHouse Prices / East of England, Luton, Bute Street
Last updated May 2026
Key Postcode Insights
LU1 2EP is a residential postcode situated on Bute Street, Luton, LU1 with 33 addresses.
It ranks as the 528th largest and 49th 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 33 properties: 33 flats.
33
Properties
- Flats
Key Postcode Insights
LU1 2EP is a residential postcode situated on Bute Street, Luton, LU1 with 33 addresses.
It ranks as the 528th largest and 49th 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 33 properties: 33 flats.
33
Properties
- Flats
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House Pricesin LU1 2EP
Sale prices range from £116,489 for 1 bedroom Leasehold flats (204 ft2) to £157,034 for 2 bedroom Leasehold flats (527 ft2) .
Monthly rental prices range from £737 pcm for 1 bed flats to £941 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 7.6%.
The average value per square foot is £318.
Average Sale Value
£126,144
Average Rental Value
£787 pcm
Average Rental Yield
7.5% /year
Average Value Per Sqft
£318 /ft2
Sales Market Trendsin LU1 2EP
The current average value in the postcode is £126,144.
The LU1 2EP Sales Market has increased by 13.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £126,144 |
| April 2025 | 0.8% | £125,926 |
| April 2024 | -0.3% | £124,892 |
| April 2023 | 0.5% | £125,325 |
| April 2022 | 4.1% | £124,682 |
| April 2021 | 3.2% | £119,760 |
| April 2020 | 1.7% | £116,092 |
| April 2019 | -5.9% | £114,189 |
| April 2018 | 1.6% | £121,374 |
| April 2017 | 7.4% | £119,431 |
| April 2016 | 22.2% | £111,232 |
| April 2015 | 10.4% | £91,062 |
| April 2014 | 6% | £82,479 |
| April 2013 | 1.5% | £77,832 |
| April 2012 | -0.1% | £76,651 |
| April 2011 | 1.2% | £76,714 |
| April 2010 | 0.9% | £75,804 |
| April 2009 | -16.9% | £75,115 |
| April 2008 | -1.7% | £90,378 |
| April 2007 | 0% | £91,899 |
Rental Market Trendsin LU1 2EP
The current average rental value in the postcode is £787.
The LU1 2EP Rental Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £787pcm |
| April 2025 | 0.7% | £781pcm |
| April 2024 | 10.3% | £776pcm |
| April 2023 | 12.8% | £703pcm |
| April 2022 | 5.6% | £624pcm |
| April 2021 | 0.1% | £590pcm |
| April 2020 | -0.6% | £590pcm |
| April 2019 | -0.4% | £593pcm |
| April 2018 | -3.6% | £596pcm |
| April 2017 | 3.8% | £618pcm |
| April 2016 | 8.2% | £595pcm |
| April 2015 | 8.1% | £550pcm |
| April 2014 | 1.7% | £509pcm |
| April 2013 | 0.3% | £500pcm |
| April 2012 | 1.4% | £499pcm |
| April 2011 | 2.2% | £491pcm |
| April 2010 | 0.2% | £481pcm |
| April 2009 | -7.2% | £480pcm |
| April 2008 | 1% | £517pcm |
| April 2007 | 0% | £512pcm |
Explore Buildingsin LU1 2EP, Bute Street, Luton, LU1
- Coral Court, Bute Street, Luton, LU1 Modern building 8 units
- The Engine, Bute Street, Luton, LU1 Modern building 8 units
- 47-53, Bute Street, Luton, LU1 Modern building 8 units
- 52-54, Bute Street, Luton, LU1 Period building 6 units
- 56, Bute Street, Luton, LU1Building 3 units
Nearby Postcodesto LU1 2EP
LU1 2EP is the 528th largest and the 49th most expensive postcode out of the 818 postcodes in the LU1 area.
- 46 mLU1 2HZ, Barbers Lane, Luton, LU1LU1 2HZ12 Addresses
- 49 mLU1 2NL, Guildford Street, Luton, LU1LU1 2NL39 Addresses
- 80 mLU1 2EY, Bute Street, Luton, LU1LU1 2EY12 Addresses
- 85 mLU1 2HN, Cheapside, Luton, LU1LU1 2HN62 Addresses
- 94 mLU1 2TH, The Mall, Luton, LU1LU1 2TH1 Addresses
- 108 mLU1 2TL, The Mall, Luton, LU1LU1 2TL4 Addresses
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Property Typesin LU1 2EP
- 6 period flats built between 1800 and 1911
- 27 modern flats built after 1980
- period flat (6)
- modern flat (27)
Energy Efficiencyof properties in LU1 2EP
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The dominant rating is C.
- A (0)
- E (7)
- B (0)
- F (1)
- C (12)
- G (0)
- D (10)
- No EPC (3)
Schools Nearbyto LU1 2EP
The nearest primary school to LU1 2EP is St Matthew's Primary School which is 693 metres away.
- 693mSt Matthew's Primary School
- 972mDallow Primary School
- 1.1kmTennyson Road Primary School
The nearest secondary school is Chiltern Academy which is 1.3 kilometres away.
- 1.3kmChiltern Academy
- 1.4kmDenbigh High School
- 1.9kmThe Stockwood Park Academy
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Public Transport Nearbyto LU1 2EP
The closest station to LU1 2EP is Luton station which is 200 metres away.
- 190mLuton
- 1.6kmLuton Airport Parkway
- 4.0kmLeagrave
- 8.5kmHarpenden