The Shires - LU2 7QA
Key Postcode Insights
LU2 7QA is a residential postcode situated on The Shires, Luton, LU2 with 48 addresses.
It ranks as the 786th largest and 151st most expensive of the 951 postcodes in the LU2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £176,728
- 10 Year change
- up 9.6%
- Ave. Rental Price
- £955pcm
- 10 Year change
- up 33.6%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
LU2 7QA is a residential postcode situated on The Shires, Luton, LU2 with 48 addresses.
It ranks as the 786th largest and 151st most expensive of the 951 postcodes in the LU2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £176,728
- 10 Year change
- up 9.6%
- Ave. Rental Price
- £955pcm
- 10 Year change
- up 33.6%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin LU2 7QA
- 1 The Shires
2 Bed Mid-century Flat
- 2 The Shires
2 Bed Mid-century Flat
- 3 The Shires
2 Bed Mid-century Flat
- 4 The Shires
Unknown
- 5 The Shires
2 Bed Mid-century Flat
Sales Market Trends
The last sale in LU2 7QA sold for £177,000 on 1st August 2022. Since then prices are down an average of 3.8%.
The current average value in the postcode is £176,728.
The LU2 7QA Sales Market has increased by 9.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £176,728 |
| June 2025 | 1.1% | £178,266 |
| June 2024 | -0.1% | £176,393 |
| June 2023 | -2.2% | £176,522 |
| June 2022 | 8% | £180,550 |
| June 2021 | 3.1% | £167,180 |
| June 2020 | 0.6% | £162,209 |
| June 2019 | -4.3% | £161,241 |
| June 2018 | 0.3% | £168,524 |
| June 2017 | 4.2% | £168,042 |
| June 2016 | 20.2% | £161,311 |
| June 2015 | 13% | £134,232 |
| June 2014 | 8.3% | £118,755 |
| June 2013 | 1.3% | £109,605 |
| June 2012 | -0.9% | £108,200 |
| June 2011 | -0.3% | £109,158 |
| June 2010 | 4.1% | £109,519 |
| June 2009 | -14.5% | £105,189 |
| June 2008 | -4.3% | £123,085 |
| June 2007 | 0% | £128,625 |
Rental Market Trends
The current average rental value in the postcode is £955.
The LU2 7QA Rental Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £955pcm |
| June 2025 | 1.1% | £937pcm |
| June 2024 | 9.5% | £927pcm |
| June 2023 | 13.5% | £847pcm |
| June 2022 | 5.1% | £746pcm |
| June 2021 | 1.8% | £710pcm |
| June 2020 | 0.5% | £697pcm |
| June 2019 | -0.9% | £694pcm |
| June 2018 | -3.6% | £700pcm |
| June 2017 | 1.5% | £726pcm |
| June 2016 | 8% | £715pcm |
| June 2015 | 8.7% | £662pcm |
| June 2014 | 4.2% | £609pcm |
| June 2013 | 0.4% | £585pcm |
| June 2012 | 0.9% | £582pcm |
| June 2011 | 3.9% | £577pcm |
| June 2010 | 0.9% | £556pcm |
| June 2009 | -7.4% | £550pcm |
| June 2008 | 0.4% | £594pcm |
| June 2007 | 0% | £592pcm |
Sales History
The last sale was on 1st August 2022 for £177,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 83 sales since 1995.
LU2 7QA has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2022£177,000 | 2 Bed Flat46, The Shires, Luton, LU2 7QA46, The Shires, Luton, LU2 7QA
- Sold Mar 2022£180,000 | 2 Bed Flat43, The Shires, Luton, LU2 7QA43, The Shires, Luton, LU2 7QA
- Sold Jan 2022£175,000 | 2 Bed Flat27, The Shires, Luton, LU2 7QA27, The Shires, Luton, LU2 7QA
- Sold Nov 2021£187,500 | 2 Bed Flat33, The Shires, Luton, LU2 7QA33, The Shires, Luton, LU2 7QA
- Sold Oct 2021£105,000 | 2 Bed Flat14, The Shires, Luton, LU2 7QA14, The Shires, Luton, LU2 7QA
Nearby Postcodes
LU2 7QA is the 786th largest and the 151st most expensive postcode out of the 951 postcodes in the LU2 area.
- LU2 7QF, Moorland Gardens, Luton, LU2LU2 7QF40 Addresses|41 m away
- LU2 7QB, The Shires, Luton, LU2LU2 7QB29 Addresses|57 m away
- LU2 7PF, Old Bedford Road, Luton, LU2LU2 7PF21 Addresses|73 m away
- LU2 7PX, The Larches, Luton, LU2LU2 7PX72 Addresses|97 m away
- LU2 7FZ, Old Bedford Road, Luton, LU2LU2 7FZ5 Addresses|109 m away
Property Types
- 2 modern flats built after 1980
- 39 mid-century flats built between 1936 and 1979
- 2 flats of an unknown age
- 5 other addresses of unknown type
- modern flat (2)
- mid-century flat (39)
- flat (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (2)
- F (1)
- C (12)
- G (0)
- D (20)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- St Matthew's Primary School600 m away
- Dallow Primary School800 m away
- Beech Hill Community Primary School900 m away
- Denbigh High School700 m away
- Chiltern Academy1.9 km away
- Stopsley High School2.0 km away
More reading links
Public Transport Nearby
The closest station to LU2 7QA is Luton station, which is 600 metres away.
- Luton|600 m away
- Luton Airport Parkway|2.2 km away
- Leagrave|3.4 km away
- Harpenden|9.2 km away
