Chapel Street - LU1 2SE
Key Postcode Insights
LU1 2SE is a residential postcode situated on Chapel Street, Luton, LU1 with 53 addresses.
It ranks as the 713th largest and 215th 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 53 properties: 9 houses and 44 flats.
- Ave. Sale Price
- £178,732
- 10 Year change
- up 12.7%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 37.8%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
LU1 2SE is a residential postcode situated on Chapel Street, Luton, LU1 with 53 addresses.
It ranks as the 713th largest and 215th 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 53 properties: 9 houses and 44 flats.
- Ave. Sale Price
- £178,732
- 10 Year change
- up 12.7%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 37.8%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin LU1 2SE
- Chapel Street Student Halls
Building  |  2 Flats
- Chapel View
Modern Building | 10 Units
- Edwardian Court
Period Building | 6 Units
- Trinity House
Modern Building | 9 Units
- 1A Chapel Street
Unknown
Sales Market Trends
The last sale in LU1 2SE sold for £1,295,000 on 13th February 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £178,732.
The LU1 2SE Sales Market has increased by 12.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £178,732 |
| June 2025 | 1.8% | £179,692 |
| June 2024 | 0% | £176,488 |
| June 2023 | -1.1% | £176,529 |
| June 2022 | 6.6% | £178,516 |
| June 2021 | 3.1% | £167,525 |
| June 2020 | 2.7% | £162,555 |
| June 2019 | -6.2% | £158,217 |
| June 2018 | 0.5% | £168,634 |
| June 2017 | 5.8% | £167,726 |
| June 2016 | 23.9% | £158,594 |
| June 2015 | 11.2% | £127,975 |
| June 2014 | 6.8% | £115,115 |
| June 2013 | 3.5% | £107,831 |
| June 2012 | -0.1% | £104,172 |
| June 2011 | 0.9% | £104,289 |
| June 2010 | 4.3% | £103,364 |
| June 2009 | -17.5% | £99,146 |
| June 2008 | -5% | £120,189 |
| June 2007 | 0% | £126,561 |
Rental Market Trends
The current average rental value in the postcode is £1,117.
The LU1 2SE Rental Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,117pcm |
| June 2025 | 1.5% | £1,089pcm |
| June 2024 | 7.4% | £1,073pcm |
| June 2023 | 16.4% | £999pcm |
| June 2022 | 7.3% | £859pcm |
| June 2021 | 1.6% | £800pcm |
| June 2020 | -1.4% | £788pcm |
| June 2019 | 0.3% | £799pcm |
| June 2018 | -3.6% | £796pcm |
| June 2017 | 1.9% | £826pcm |
| June 2016 | 7.4% | £810pcm |
| June 2015 | 9.8% | £754pcm |
| June 2014 | 4.7% | £687pcm |
| June 2013 | 0.5% | £656pcm |
| June 2012 | 0.7% | £653pcm |
| June 2011 | 3.5% | £649pcm |
| June 2010 | 0.9% | £627pcm |
| June 2009 | -8.3% | £621pcm |
| June 2008 | 0% | £677pcm |
| June 2007 | 0% | £677pcm |
Sales History
The last sale was on 13th February 2024 for £1,295,000 and since then the market in the area has remained stable. The postcode has had a total of 13 sales since 1995.
LU1 2SE has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2024£1,295,000 | 3 Bed House10-12, Chapel Street, Luton, LU1 2SE10-12, Chapel Street, Luton, LU1 2SE
- Sold Mar 2023£550,000 | 3 Bed House1A, Chapel Street, Luton, LU1 2SE1A, Chapel Street, Luton, LU1 2SE
- Sold Dec 2020£190,000 | 2 Bed FlatTrinity House, 26B, Chapel Street, Luton, LU1 2SETrinity House, 26B, Chapel Street, Luton, LU1 2SE
- Sold Nov 2018£19,999 | 4 Bed Flat8, Chapel Street, Luton, LU1 2SE8, Chapel Street, Luton, LU1 2SE
- Sold Sep 2016£20,000 | 3 Bed House34, Chapel Street, Luton, LU1 2SE34, Chapel Street, Luton, LU1 2SE
Nearby Postcodes
LU1 2SE is the 713th largest and the 215th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 2AF, George Street, Luton, LU1LU1 2AF82 Addresses|62 m away
- LU1 2EG, Chapel Street, Luton, LU1LU1 2EG82 Addresses|84 m away
- LU1 2EH, Chapel Street, Luton, LU1LU1 2EH51 Addresses|84 m away
- LU1 2BJ, George Street West, Luton, LU1LU1 2BJ36 Addresses|88 m away
- LU1 3AA, Castle Street, Luton, LU1LU1 3AA8 Addresses|95 m away
Property Types
- 7 period flats built between 1800 and 1911
- 37 modern flats built after 1980
- 9 other addresses of unknown type
- period flat (7)
- modern flat (37)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (0)
- F (1)
- C (6)
- G (1)
- D (14)
- No EPC (24)
Top 3 Most Expensive Sales
- Sold Apr 2018£1,450,000 | 2 Bed FlatFlat 1, Orion House 72, Chapel Street, Luton, LU1 5DAFlat 1, Orion House 72, Chapel Street, Luton, LU1 5DA
- Sold Feb 2024£1,295,000 | 3 Bed House10-12, Chapel Street, Luton, LU1 2SE10-12, Chapel Street, Luton, LU1 2SE
- Sold Mar 2023£550,000 | 3 Bed House1A, Chapel Street, Luton, LU1 2SE1A, Chapel Street, Luton, LU1 2SE
Schools Nearby
- Tennyson Road Primary School800 m away
- Hillborough Junior School800 m away
- Hillborough Infant and Nursery School800 m away
- Chiltern Academy1.2 km away
- The Stockwood Park Academy1.6 km away
- Denbigh High School1.7 km away
More reading links
Public Transport Nearby
The closest station to LU1 2SE is Luton station, which is 500 metres away.
- Luton|500 m away
- Luton Airport Parkway|1.5 km away
- Leagrave|4.2 km away
- Harpenden|8.3 km away