London Road - LU1 4LE
Key Postcode Insights
LU1 4LE is a residential postcode situated on London Road, Luton, LU1 with 8 addresses.
It ranks as the 187th largest and 794th most expensive of the 822 postcodes in the LU1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £581,433
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £2,331pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £514/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
LU1 4LE is a residential postcode situated on London Road, Luton, LU1 with 8 addresses.
It ranks as the 187th largest and 794th most expensive of the 822 postcodes in the LU1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £581,433
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £2,331pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £514/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin LU1 4LE
- 34 Gibraltar Cottages London Road
4 Bed Period House
- 35 Gibraltar Cottages London Road
4 Bed Period House
- 36 Gibraltar Cottages London Road
3 Bed Period House
- 37 Gibraltar Cottages London Road
3 Bed Period House
- 38 Heavens Wood London Road
3 Bed Period House
Sales Market Trends
The last sale in LU1 4LE sold for £590,000 on 18th December 2020. Since then prices are up an average of 12.9%.
The current average value in the postcode is £581,433.
The LU1 4LE Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £581,433 |
| June 2025 | 2.2% | £592,458 |
| June 2024 | -0.3% | £579,809 |
| June 2023 | -0.7% | £581,287 |
| June 2022 | 8.9% | £585,196 |
| June 2021 | 6.4% | £537,408 |
| June 2020 | 2.8% | £505,059 |
| June 2019 | -3.7% | £491,321 |
| June 2018 | 1.9% | £510,188 |
| June 2017 | 5.1% | £500,662 |
| June 2016 | 20% | £476,488 |
| June 2015 | 10.6% | £397,059 |
| June 2014 | 7.1% | £358,852 |
| June 2013 | 4.3% | £335,061 |
| June 2012 | 1.6% | £321,185 |
| June 2011 | 1.4% | £316,189 |
| June 2010 | 11.4% | £311,772 |
| June 2009 | -13.9% | £279,921 |
| June 2008 | -4.2% | £325,208 |
| June 2007 | 0% | £339,574 |
Rental Market Trends
The current average rental value in the postcode is £2,331.
The LU1 4LE Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £2,331pcm |
| June 2025 | 2.2% | £2,303pcm |
| June 2024 | 7.9% | £2,254pcm |
| June 2023 | 15.6% | £2,088pcm |
| June 2022 | 8.5% | £1,806pcm |
| June 2021 | 5.1% | £1,665pcm |
| June 2020 | 0% | £1,585pcm |
| June 2019 | 1.6% | £1,585pcm |
| June 2018 | -1.8% | £1,559pcm |
| June 2017 | 1.7% | £1,589pcm |
| June 2016 | 6.1% | £1,563pcm |
| June 2015 | 8.3% | £1,473pcm |
| June 2014 | 4% | £1,360pcm |
| June 2013 | 2% | £1,307pcm |
| June 2012 | 2.6% | £1,282pcm |
| June 2011 | 4.2% | £1,249pcm |
| June 2010 | 7.1% | £1,198pcm |
| June 2009 | -4.9% | £1,118pcm |
| June 2008 | 0.6% | £1,177pcm |
| June 2007 | 0% | £1,170pcm |
Sales History
The last sale was on 18th December 2020 for £590,000 and since then the market in the area has increased by 12.9%. The postcode has had a total of 12 sales since 1995.
LU1 4LE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2020£590,000 | 4 Bed House34 Gibraltar Cottages, London Road, Luton, LU1 4LE34 Gibraltar Cottages, London Road, Luton, LU1 4LE
- Sold May 2011£322,500 | 3 Bed House37 Gibraltar Cottages, London Road, Luton, LU1 4LE37 Gibraltar Cottages, London Road, Luton, LU1 4LE
- Sold Apr 2011£330,000 | 4 Bed House35 Gibraltar Cottages, London Road, Luton, LU1 4LE35 Gibraltar Cottages, London Road, Luton, LU1 4LE
- Sold Jul 2009£335,000 | 3 Bed House36 Gibraltar Cottages, London Road, Luton, LU1 4LE36 Gibraltar Cottages, London Road, Luton, LU1 4LE
- Sold Feb 2007£340,000 | 4 Bed House34 Gibraltar Cottages, London Road, Luton, LU1 4LE34 Gibraltar Cottages, London Road, Luton, LU1 4LE
Nearby Postcodes
LU1 4LE is the 187th largest and the 794th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 3TL, Luton Hoo Estate, Luton, LU1LU1 3TL8 Addresses|568 m away
- LU1 3TD, Luton Hoo Estate, Luton, LU1LU1 3TD2 Addresses|627 m away
- LU1 3TJ, Luton Hoo Estate, Luton, LU1LU1 3TJ2 Addresses|664 m away
- LU1 3TQ, Luton Hoo Estate, Luton, LU1LU1 3TQ10 Addresses|852 m away
- LU1 4LH, Pepsal End, Pepperstock, Luton, LU1LU1 4LH6 Addresses|1.0 km away
Property Types
- 7 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (1)
- C (1)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2021£1,225,000 | 5 Bed House129, London Road, Luton, LU1 3RJ129, London Road, Luton, LU1 3RJ
- Sold Dec 2023£1,106,000 | 4 Bed House125, London Road, Luton, LU1 3RJ125, London Road, Luton, LU1 3RJ
- Sold Dec 2024£1,090,000 | 5 Bed House115, London Road, Luton, LU1 3RH115, London Road, Luton, LU1 3RH
Schools Nearby
- Slip End Village School1.9 km away
- Cutenhoe Hill Primary School ( Formerly Surrey Street)2.7 km away
- Wood End School2.8 km away
- Chiltern Academy3.2 km away
- The Stockwood Park Academy3.3 km away
- Roundwood Park School3.8 km away
More reading links
Public Transport Nearby
The closest station to LU1 4LE is Luton Airport Parkway station, which is 3.3 kilometres away.
- Luton Airport Parkway|3.3 km away
- Luton|4.2 km away
- Harpenden|5.2 km away
- Leagrave|7.5 km away