LU2 7RH is a residential postcode situated on Frederick Street Passage, Luton, LU2 with 1 addresses.
It ranks as the 8th largest and 765th most expensive of the 951 postcodes in the LU2 area.
The postcode contains a total of 1 properties: 1 house.
LU2 7RH is a residential postcode situated on Frederick Street Passage, Luton, LU2 with 1 addresses.
It ranks as the 8th largest and 765th most expensive of the 951 postcodes in the LU2 area.
The postcode contains a total of 1 properties: 1 house.
Sale prices range from £425,930 for 4 bedroom leasehold houses with a garden (1,315 ft2) to £425,930 for 4 bedroom leasehold houses with a garden (1,315 ft2) .
Monthly rental prices range from £1,733 pcm for 4 bed houses to £1,733 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 4.9%.
The average value per square foot is £324.
The last sale in LU2 7RH sold for £115,000 on 27th March 2006. Since then prices are down an average of 0.0%.
The current average value in the postcode is £425,930.
The LU2 7RH Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.4% | £425,930 |
| May 2025 | 2.9% | £424,107 |
| May 2024 | -1.9% | £412,086 |
| May 2023 | 0.5% | £419,953 |
| May 2022 | 11.9% | £417,764 |
| May 2021 | 6.3% | £373,417 |
| May 2020 | 0.3% | £351,157 |
| May 2019 | -3.3% | £350,173 |
| May 2018 | 2.4% | £361,982 |
| May 2017 | 6.2% | £353,520 |
| May 2016 | 21% | £332,945 |
| May 2015 | 13.4% | £275,178 |
| May 2014 | 8.6% | £242,708 |
| May 2013 | 2.2% | £223,430 |
| May 2012 | 1.3% | £218,641 |
| May 2011 | 0.1% | £215,736 |
| May 2010 | 7.4% | £215,623 |
| May 2009 | -14% | £200,713 |
| May 2008 | -0.8% | £233,434 |
| May 2007 | 0% | £235,344 |
The current average rental value in the postcode is £1,733.
The LU2 7RH Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,733pcm |
| May 2025 | 3.2% | £1,696pcm |
| May 2024 | 8.7% | £1,644pcm |
| May 2023 | 15.2% | £1,512pcm |
| May 2022 | 8.7% | £1,312pcm |
| May 2021 | 4.9% | £1,207pcm |
| May 2020 | 0.6% | £1,151pcm |
| May 2019 | 0.1% | £1,144pcm |
| May 2018 | -1.9% | £1,143pcm |
| May 2017 | 3.2% | £1,165pcm |
| May 2016 | 8.9% | £1,129pcm |
| May 2015 | 9.1% | £1,037pcm |
| May 2014 | 4.5% | £951pcm |
| May 2013 | 1.8% | £910pcm |
| May 2012 | 3.4% | £894pcm |
| May 2011 | 4% | £865pcm |
| May 2010 | 4.6% | £831pcm |
| May 2009 | -6.2% | £795pcm |
| May 2008 | 2.9% | £847pcm |
| May 2007 | 0% | £824pcm |
The last sale was on 27th March 2006 for £115,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
LU2 7RH has seen no sales in the last three years and no sales in the last twelve months.
LU2 7RH is the 8th largest and the 765th most expensive postcode out of the 951 postcodes in the LU2 area.
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The closest station to LU2 7RH is Luton station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around LU2 7RH, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LU2 7RH, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LU2 7RH, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LU2 7RH, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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