Felstead Way - LU2 7LJ
Key Postcode Insights
LU2 7LJ is a residential postcode situated on Felstead Way, Luton, LU2 with 41 addresses.
It ranks as the 721st largest and 887th most expensive of the 951 postcodes in the LU2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £575,604
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £2,092pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
LU2 7LJ is a residential postcode situated on Felstead Way, Luton, LU2 with 41 addresses.
It ranks as the 721st largest and 887th most expensive of the 951 postcodes in the LU2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £575,604
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £2,092pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin LU2 7LJ
- 39 Felstead Way
5 Bed Modern House
- 41 Felstead Way
4 Bed Mid-century House
- 43 Felstead Way
Unknown
- 45 Felstead Way
Unknown
- 47 Felstead Way
4 Bed Mid-century House
Sales Market Trends
The last sale in LU2 7LJ sold for £520,000 on 10th January 2024. Since then prices are up an average of 0.1%.
The current average value in the postcode is £575,604.
The LU2 7LJ Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £575,604 |
| June 2025 | 2.5% | £582,131 |
| June 2024 | -0.8% | £567,726 |
| June 2023 | -1.4% | £572,440 |
| June 2022 | 12% | £580,812 |
| June 2021 | 7.4% | £518,780 |
| June 2020 | 0.1% | £483,078 |
| June 2019 | -2.1% | £482,756 |
| June 2018 | 2.7% | £493,249 |
| June 2017 | 3.6% | £480,329 |
| June 2016 | 17.6% | £463,734 |
| June 2015 | 13.5% | £394,430 |
| June 2014 | 9.2% | £347,502 |
| June 2013 | 2.1% | £318,129 |
| June 2012 | 0.9% | £311,454 |
| June 2011 | -0.5% | £308,596 |
| June 2010 | 11.1% | £310,164 |
| June 2009 | -11.5% | £279,230 |
| June 2008 | -2.6% | £315,451 |
| June 2007 | 0% | £323,835 |
Rental Market Trends
The current average rental value in the postcode is £2,092.
The LU2 7LJ Rental Market has increased by 51.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £2,092pcm |
| June 2025 | 2.7% | £2,061pcm |
| June 2024 | 9.3% | £2,006pcm |
| June 2023 | 14% | £1,835pcm |
| June 2022 | 7.7% | £1,609pcm |
| June 2021 | 6.1% | £1,494pcm |
| June 2020 | 1.5% | £1,408pcm |
| June 2019 | 0.3% | £1,387pcm |
| June 2018 | -1.3% | £1,383pcm |
| June 2017 | 1.4% | £1,401pcm |
| June 2016 | 7% | £1,382pcm |
| June 2015 | 8.1% | £1,292pcm |
| June 2014 | 4.3% | £1,195pcm |
| June 2013 | 2.1% | £1,146pcm |
| June 2012 | 3% | £1,123pcm |
| June 2011 | 4.3% | £1,090pcm |
| June 2010 | 7.8% | £1,045pcm |
| June 2009 | -5% | £969pcm |
| June 2008 | 2.1% | £1,020pcm |
| June 2007 | 0% | £999pcm |
Sales History
The last sale was on 10th January 2024 for £520,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 37 sales since 1995.
LU2 7LJ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£520,000 | 4 Bed House53, Felstead Way, Luton, LU2 7LJ53, Felstead Way, Luton, LU2 7LJ
- Sold Apr 2023£625,000 | 5 Bed House86, Felstead Way, Luton, LU2 7LJ86, Felstead Way, Luton, LU2 7LJ
- Sold Jan 2023£495,000 | 3 Bed House57, Felstead Way, Luton, LU2 7LJ57, Felstead Way, Luton, LU2 7LJ
- Sold Oct 2022£600,000 | 5 Bed House73, Felstead Way, Luton, LU2 7LJ73, Felstead Way, Luton, LU2 7LJ
- Sold Sep 2022£625,000 | 5 Bed House90, Felstead Way, Luton, LU2 7LJ90, Felstead Way, Luton, LU2 7LJ
Nearby Postcodes
LU2 7LJ is the 721st largest and the 887th most expensive postcode out of the 951 postcodes in the LU2 area.
- LU2 7TH, Green Oaks, Luton, LU2LU2 7TH24 Addresses|86 m away
- LU2 7TS, Birchen Grove, Luton, LU2LU2 7TS21 Addresses|87 m away
- LU2 7TP, Birchen Grove, Luton, LU2LU2 7TP33 Addresses|125 m away
- LU2 7LU, Acorn Close, Luton, LU2LU2 7LU3 Addresses|133 m away
- LU2 7UA, Birchen Grove, Luton, LU2LU2 7UA8 Addresses|134 m away
Property Types
- 16 modern houses built after 1980
- 12 mid-century houses built between 1936 and 1979
- 13 other addresses of unknown type
- modern house (16)
- mid-century house (12)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (15)
- F (0)
- C (1)
- G (0)
- D (11)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Sep 2022£832,000 | 5 Bed House50, Felstead Way, Luton, LU2 7LH50, Felstead Way, Luton, LU2 7LH
- Sold Dec 2018£705,000 | 5 Bed House69, Felstead Way, Luton, LU2 7LJ69, Felstead Way, Luton, LU2 7LJ
- Sold Jun 2021£678,500 | 5 Bed House94, Felstead Way, Luton, LU2 7LJ94, Felstead Way, Luton, LU2 7LJ
Schools Nearby
- Sacred Heart Catholic Primary School800 m away
- Stopsley Community Primary School800 m away
- Bushmead Primary & Nursery School1.1 km away
- Stopsley High School500 m away
- Denbigh High School1.3 km away
- Icknield High School1.7 km away
More reading links
Public Transport Nearby
The closest station to LU2 7LJ is Luton station, which is 1.7 kilometres away.
- Luton|1.7 km away
- Luton Airport Parkway|2.9 km away
- Leagrave|3.5 km away
- Harlington (Bedfordshire)|9.3 km away
