LU2 7TZ is a residential postcode situated on Birchen Grove, Luton, LU2 with 4 addresses.
It ranks as the 90th largest and 139th most expensive of the 950 postcodes in the LU2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
LU2 7TZ is a residential postcode situated on Birchen Grove, Luton, LU2 with 4 addresses.
It ranks as the 90th largest and 139th most expensive of the 950 postcodes in the LU2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
Sale prices range from £168,829 for 2 bedroom leasehold flats (538 ft2) to £188,312 for 2 bedroom leasehold flats (635 ft2) .
Monthly rental prices range from £910 pcm for 2 bed flats to £992 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 6.5%.
The average value per square foot is £292.
The last sale in LU2 7TZ sold for £124,000 on 2nd February 2007. Since then prices are up an average of 43.9%.
The current average value in the postcode is £178,455.
The LU2 7TZ Sales Market has increased by 13.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £178,455 |
| April 2025 | 0.6% | £177,353 |
| April 2024 | -0.6% | £176,322 |
| April 2023 | -0.4% | £177,336 |
| April 2022 | 7.5% | £178,116 |
| April 2021 | 3.1% | £165,629 |
| April 2020 | -0.9% | £160,660 |
| April 2019 | -3.8% | £162,138 |
| April 2018 | 0.9% | £168,459 |
| April 2017 | 5.8% | £166,905 |
| April 2016 | 19.5% | £157,783 |
| April 2015 | 13.1% | £132,070 |
| April 2014 | 7% | £116,782 |
| April 2013 | -0.4% | £109,151 |
| April 2012 | -1.4% | £109,610 |
| April 2011 | 0.4% | £111,200 |
| April 2010 | 1.2% | £110,705 |
| April 2009 | -13.6% | £109,354 |
| April 2008 | 0.1% | £126,508 |
| April 2007 | 0% | £126,416 |
The current average rental value in the postcode is £953.
The LU2 7TZ Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £953pcm |
| April 2025 | 2% | £940pcm |
| April 2024 | 11.7% | £922pcm |
| April 2023 | 11.5% | £826pcm |
| April 2022 | 3.7% | £740pcm |
| April 2021 | 1.9% | £714pcm |
| April 2020 | 1% | £701pcm |
| April 2019 | -1.6% | £694pcm |
| April 2018 | -3.3% | £705pcm |
| April 2017 | 2.5% | £729pcm |
| April 2016 | 8.6% | £711pcm |
| April 2015 | 7.8% | £655pcm |
| April 2014 | 2.7% | £608pcm |
| April 2013 | 0.3% | £592pcm |
| April 2012 | 1.6% | £590pcm |
| April 2011 | 4.4% | £581pcm |
| April 2010 | -0.4% | £557pcm |
| April 2009 | -6.5% | £559pcm |
| April 2008 | 2.1% | £598pcm |
| April 2007 | 0% | £586pcm |
The last sale was on 2nd February 2007 for £124,000 and since then the market in the area has increased by 43.9%. The postcode has had a total of 7 sales since 1995.
LU2 7TZ has seen no sales in the last three years and no sales in the last twelve months.
LU2 7TZ is the 90th largest and the 139th most expensive postcode out of the 950 postcodes in the LU2 area.
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