Bute Street - LU1 2WE
Key Postcode Insights
LU1 2WE is a residential postcode situated on Bute Street, Luton, LU1 with 42 addresses.
It ranks as the 623rd largest and 54th most expensive of the 822 postcodes in the LU1 area.
The postcode contains a total of 42 properties: 42 flats.
- Ave. Sale Price
- £114,470
- 10 Year change
- up 7.2%
- Ave. Rental Price
- £757pcm
- 10 Year change
- up 31.0%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Postcode Insights
LU1 2WE is a residential postcode situated on Bute Street, Luton, LU1 with 42 addresses.
It ranks as the 623rd largest and 54th most expensive of the 822 postcodes in the LU1 area.
The postcode contains a total of 42 properties: 42 flats.
- Ave. Sale Price
- £114,470
- 10 Year change
- up 7.2%
- Ave. Rental Price
- £757pcm
- 10 Year change
- up 31.0%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Propertiesin LU1 2WE
Sales Market Trends
The current average value in the postcode is £114,470.
The LU1 2WE Sales Market has increased by 7.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £114,470 |
| June 2025 | 0.6% | £116,284 |
| June 2024 | -0.2% | £115,533 |
| June 2023 | -1.1% | £115,750 |
| June 2022 | 5.4% | £117,076 |
| June 2021 | 2.3% | £111,110 |
| June 2020 | 2.8% | £108,583 |
| June 2019 | -6% | £105,632 |
| June 2018 | 0% | £112,422 |
| June 2017 | 5.3% | £112,424 |
| June 2016 | 23.1% | £106,775 |
| June 2015 | 11.2% | £86,704 |
| June 2014 | 6.1% | £77,965 |
| June 2013 | 3.3% | £73,491 |
| June 2012 | -0.4% | £71,152 |
| June 2011 | 1.5% | £71,473 |
| June 2010 | 4.4% | £70,428 |
| June 2009 | -17.6% | £67,450 |
| June 2008 | -5.6% | £81,886 |
| June 2007 | 0% | £86,777 |
Rental Market Trends
The current average rental value in the postcode is £757.
The LU1 2WE Rental Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £757pcm |
| June 2025 | 0.3% | £746pcm |
| June 2024 | 7.5% | £743pcm |
| June 2023 | 16.2% | £692pcm |
| June 2022 | 5.7% | £595pcm |
| June 2021 | 0.9% | £563pcm |
| June 2020 | -0.9% | £558pcm |
| June 2019 | 0.1% | £563pcm |
| June 2018 | -4.1% | £563pcm |
| June 2017 | 1.6% | £587pcm |
| June 2016 | 7.2% | £578pcm |
| June 2015 | 9.5% | £539pcm |
| June 2014 | 3.8% | £492pcm |
| June 2013 | 0.5% | £474pcm |
| June 2012 | 0.5% | £472pcm |
| June 2011 | 4.3% | £469pcm |
| June 2010 | 1.1% | £450pcm |
| June 2009 | -8.7% | £445pcm |
| June 2008 | -0.6% | £488pcm |
| June 2007 | 0% | £491pcm |
Nearby Postcodes
LU1 2WE is the 623rd largest and the 54th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 2WF, Bute Street, Luton, LU1LU1 2WF8 Addresses|21 m away
- LU1 2WD, Bute Street, Luton, LU1LU1 2WD43 Addresses|22 m away
- LU1 2WG, Bute Street, Luton, LU1LU1 2WG44 Addresses|35 m away
- LU1 2WB, Bute Street, Luton, LU1LU1 2WB43 Addresses|36 m away
- LU1 2PA, Guildford Street, Luton, LU1LU1 2PA32 Addresses|45 m away
Property Types
- 42 other addresses of unknown type
- Unknown (42)
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 (42)
Schools Nearby
- St Matthew's Primary School600 m away
- Dallow Primary School900 m away
- Hillborough Junior School1.2 km away
- Denbigh High School1.2 km away
- Chiltern Academy1.4 km away
- The Stockwood Park Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to LU1 2WE is Luton station, which is 100 metres away.
- Luton|100 m away
- Luton Airport Parkway|1.7 km away
- Leagrave|3.9 km away
- Harpenden|8.6 km away