LU1 2QR is a residential postcode situated on Peel Street, Luton, LU1 with 4 addresses.
It ranks as the 72nd largest and 122nd most expensive of the 818 postcodes in the LU1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 flats.
LU1 2QR is a residential postcode situated on Peel Street, Luton, LU1 with 4 addresses.
It ranks as the 72nd largest and 122nd most expensive of the 818 postcodes in the LU1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 flats.
Sale prices range from £116,489 for 1 bedroom Leasehold flats (376 ft2) to £157,034 for 2 bedroom leasehold flats (850 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 £311.
The current average value in the postcode is £135,325.
The LU1 2QR Sales Market has increased by 14.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £135,325 |
| April 2025 | 1.1% | £134,282 |
| April 2024 | -0.2% | £132,773 |
| April 2023 | 0.5% | £133,103 |
| April 2022 | 3.8% | £132,405 |
| April 2021 | 3.2% | £127,540 |
| April 2020 | 1.6% | £123,545 |
| April 2019 | -6.1% | £121,581 |
| April 2018 | 1.7% | £129,465 |
| April 2017 | 7.7% | £127,362 |
| April 2016 | 22.4% | £118,259 |
| April 2015 | 10.4% | £96,580 |
| April 2014 | 6.3% | £87,470 |
| April 2013 | 1.5% | £82,293 |
| April 2012 | -0.3% | £81,112 |
| April 2011 | 1.2% | £81,385 |
| April 2010 | 0.7% | £80,384 |
| April 2009 | -17.1% | £79,836 |
| April 2008 | -1.4% | £96,362 |
| April 2007 | 0% | £97,770 |
The current average rental value in the postcode is £838.
The LU1 2QR Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £838pcm |
| April 2025 | 0.8% | £828pcm |
| April 2024 | 10.3% | £821pcm |
| April 2023 | 12.9% | £745pcm |
| April 2022 | 5.9% | £660pcm |
| April 2021 | 0% | £623pcm |
| April 2020 | -1% | £623pcm |
| April 2019 | -0.2% | £630pcm |
| April 2018 | -3.7% | £631pcm |
| April 2017 | 4.1% | £656pcm |
| April 2016 | 8.2% | £630pcm |
| April 2015 | 8.4% | £582pcm |
| April 2014 | 2% | £537pcm |
| April 2013 | 0.1% | £526pcm |
| April 2012 | 1% | £526pcm |
| April 2011 | 2% | £520pcm |
| April 2010 | 0.1% | £510pcm |
| April 2009 | -7.2% | £509pcm |
| April 2008 | 1.3% | £549pcm |
| April 2007 | 0% | £542pcm |
LU1 2QR is the 72nd largest and the 122nd most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 2QR is Luton station which is 500 metres away.
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