Fair Oak Drive - LU2 7TQ
Key Postcode Insights
LU2 7TQ is a residential postcode situated on Fair Oak Drive, Luton, LU2 with 54 addresses.
It ranks as the 843rd largest and 43rd 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 54 properties: 9 houses and 45 flats.
- Ave. Sale Price
- £169,613
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £961pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
LU2 7TQ is a residential postcode situated on Fair Oak Drive, Luton, LU2 with 54 addresses.
It ranks as the 843rd largest and 43rd 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 54 properties: 9 houses and 45 flats.
- Ave. Sale Price
- £169,613
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £961pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin LU2 7TQ
- 1 Fair Oak Drive
3 Bed Mid-century House
- 2 Fair Oak Drive
2 Bed Mid-century Flat
- 3 Fair Oak Drive
3 Bed Mid-century House
- 4 Fair Oak Drive
Unknown
- 5 Fair Oak Drive
3 Bed Modern House
Sales Market Trends
The last sale in LU2 7TQ sold for £140,000 on 5th September 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £169,613.
The LU2 7TQ Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £169,613 |
| June 2025 | 2.3% | £169,693 |
| June 2024 | -1% | £165,850 |
| June 2023 | -1.6% | £167,607 |
| June 2022 | 11.4% | £170,368 |
| June 2021 | 5.1% | £152,872 |
| June 2020 | 0% | £145,499 |
| June 2019 | -3.2% | £145,438 |
| June 2018 | 1.6% | £150,284 |
| June 2017 | 4.2% | £147,967 |
| June 2016 | 19.2% | £142,055 |
| June 2015 | 14.4% | £119,174 |
| June 2014 | 9.7% | £104,172 |
| June 2013 | 1.2% | £94,997 |
| June 2012 | 0.1% | £93,910 |
| June 2011 | -1% | £93,798 |
| June 2010 | 6% | £94,739 |
| June 2009 | -12.7% | £89,371 |
| June 2008 | -2.9% | £102,367 |
| June 2007 | 0% | £105,413 |
Rental Market Trends
The current average rental value in the postcode is £961.
The LU2 7TQ Rental Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £961pcm |
| June 2025 | 2.5% | £936pcm |
| June 2024 | 9.1% | £914pcm |
| June 2023 | 13.8% | £837pcm |
| June 2022 | 7.2% | £736pcm |
| June 2021 | 3.8% | £686pcm |
| June 2020 | 1.5% | £661pcm |
| June 2019 | -0.8% | £651pcm |
| June 2018 | -2.4% | £657pcm |
| June 2017 | 2% | £673pcm |
| June 2016 | 8.4% | £660pcm |
| June 2015 | 8.9% | £608pcm |
| June 2014 | 4.7% | £559pcm |
| June 2013 | 1.1% | £533pcm |
| June 2012 | 2.2% | £528pcm |
| June 2011 | 3.8% | £516pcm |
| June 2010 | 2.9% | £497pcm |
| June 2009 | -6.3% | £483pcm |
| June 2008 | 1.7% | £516pcm |
| June 2007 | 0% | £507pcm |
Sales History
The last sale was on 5th September 2025 for £140,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 97 sales since 1995.
LU2 7TQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£140,000 | 1 Bed Flat68, Fair Oak Drive, Luton, LU2 7TQ68, Fair Oak Drive, Luton, LU2 7TQ
- Sold Nov 2023£129,000 | 2 Bed Flat52, Fair Oak Drive, Luton, LU2 7TQ52, Fair Oak Drive, Luton, LU2 7TQ
- Sold Oct 2023£140,000 | 1 Bed Flat22, Fair Oak Drive, Luton, LU2 7TQ22, Fair Oak Drive, Luton, LU2 7TQ
- Sold Oct 2022£152,500 | 2 Bed Flat35, Fair Oak Drive, Luton, LU2 7TQ35, Fair Oak Drive, Luton, LU2 7TQ
- Sold Dec 2021£120,000 | 1 Bed Flat20, Fair Oak Drive, Luton, LU2 7TQ20, Fair Oak Drive, Luton, LU2 7TQ
Nearby Postcodes
LU2 7TQ is the 843rd largest and the 43rd most expensive postcode out of the 951 postcodes in the LU2 area.
- LU2 7TG, Fair Oak Drive, Luton, LU2LU2 7TG9 Addresses|22 m away
- LU2 7UA, Birchen Grove, Luton, LU2LU2 7UA8 Addresses|87 m away
- LU2 7TH, Green Oaks, Luton, LU2LU2 7TH24 Addresses|87 m away
- LU2 7TR, Birchen Grove, Luton, LU2LU2 7TR14 Addresses|104 m away
- LU2 7LP, Heywood Drive, Luton, LU2LU2 7LP41 Addresses|104 m away
Property Types
- 3 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 40 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 6 other addresses of unknown type
- modern house (3)
- mid-century house (3)
- mid-century flat (40)
- house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 48 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (18)
- G (0)
- D (27)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Apr 2021£175,000 | 2 Bed Flat41, Fair Oak Drive, Luton, LU2 7TQ41, Fair Oak Drive, Luton, LU2 7TQ
- Sold Apr 2021£175,000 | 2 Bed Flat41, Fair Oak Drive, Luton, LU2 7TQ41, Fair Oak Drive, Luton, LU2 7TQ
- Sold Apr 2019£167,000 | 2 Bed Flat56, Fair Oak Drive, Luton, LU2 7TQ56, Fair Oak Drive, Luton, LU2 7TQ
Schools Nearby
- Sacred Heart Catholic Primary School700 m away
- Stopsley Community Primary School800 m away
- Ramridge Primary School1.0 km away
- Stopsley High School600 m away
- Denbigh High School1.3 km away
- Queen Elizabeth School1.8 km away
More reading links
Public Transport Nearby
The closest station to LU2 7TQ is Luton station, which is 1.6 kilometres away.
- Luton|1.6 km away
- Luton Airport Parkway|2.7 km away
- Leagrave|3.7 km away
- Harlington (Bedfordshire)|9.5 km away