Cannon Lane - LU2 8BJ
Key Postcode Insights
LU2 8BJ is a residential postcode situated on Cannon Lane, Luton, LU2 with 61 addresses.
It ranks as the 888th largest and 699th most expensive of the 951 postcodes in the LU2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 61 properties: 60 houses and 1 flat.
- Ave. Sale Price
- £398,603
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,643pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £391/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
LU2 8BJ is a residential postcode situated on Cannon Lane, Luton, LU2 with 61 addresses.
It ranks as the 888th largest and 699th most expensive of the 951 postcodes in the LU2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 61 properties: 60 houses and 1 flat.
- Ave. Sale Price
- £398,603
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,643pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £391/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin LU2 8BJ
- Flat
Unknown
- 1 Cannon Lane
3 Bed Mid-century House
- 2 Cannon Lane
4 Bed Early-century House
- 3 Cannon Lane
Unknown
- 4 Cannon Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in LU2 8BJ sold for £425,000 on 5th May 2026. Since then prices have on average remained the same.
The current average value in the postcode is £398,603.
The LU2 8BJ Sales Market has increased by 20.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £398,603 |
| June 2025 | 2.2% | £403,111 |
| June 2024 | -0.7% | £394,600 |
| June 2023 | -1.6% | £397,487 |
| June 2022 | 11.3% | £403,979 |
| June 2021 | 6.5% | £362,979 |
| June 2020 | 0.1% | £340,961 |
| June 2019 | -2.4% | £340,720 |
| June 2018 | 2.2% | £349,243 |
| June 2017 | 3.6% | £341,794 |
| June 2016 | 17.9% | £329,989 |
| June 2015 | 13.5% | £279,897 |
| June 2014 | 9.1% | £246,556 |
| June 2013 | 1.8% | £226,026 |
| June 2012 | 0.5% | £222,011 |
| June 2011 | -0.5% | £220,942 |
| June 2010 | 9.5% | £221,977 |
| June 2009 | -12% | £202,801 |
| June 2008 | -3% | £230,486 |
| June 2007 | 0% | £237,648 |
Rental Market Trends
The current average rental value in the postcode is £1,643.
The LU2 8BJ Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £1,643pcm |
| June 2025 | 2.3% | £1,618pcm |
| June 2024 | 9.5% | £1,581pcm |
| June 2023 | 13.8% | £1,445pcm |
| June 2022 | 7.1% | £1,269pcm |
| June 2021 | 5.2% | £1,185pcm |
| June 2020 | 1.5% | £1,127pcm |
| June 2019 | 0% | £1,110pcm |
| June 2018 | -1.8% | £1,111pcm |
| June 2017 | 1.4% | £1,131pcm |
| June 2016 | 7.3% | £1,115pcm |
| June 2015 | 8.1% | £1,039pcm |
| June 2014 | 4.2% | £962pcm |
| June 2013 | 1.7% | £923pcm |
| June 2012 | 2.6% | £908pcm |
| June 2011 | 4.4% | £885pcm |
| June 2010 | 6.3% | £848pcm |
| June 2009 | -5.6% | £798pcm |
| June 2008 | 1.6% | £845pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last sale was on 5th May 2026 for £425,000 and since then the market in the area has remained stable. The postcode has had a total of 65 sales since 1995.
LU2 8BJ has seen 6 sales in the last three years and 3 sales in the last twelve months.
- Sold May 2026£425,000 | 4 Bed House25, Cannon Lane, Luton, LU2 8BJ25, Cannon Lane, Luton, LU2 8BJ
- Sold Sep 2025£635,000 | 4 Bed House48, Cannon Lane, Luton, LU2 8BJ48, Cannon Lane, Luton, LU2 8BJ
- Sold Aug 2025£375,000 | 3 Bed House15, Cannon Lane, Luton, LU2 8BJ15, Cannon Lane, Luton, LU2 8BJ
- Sold May 2025£415,000 | 3 Bed House37, Cannon Lane, Luton, LU2 8BJ37, Cannon Lane, Luton, LU2 8BJ
- Sold Mar 2024£465,000 | 4 Bed House47, Cannon Lane, Luton, LU2 8BJ47, Cannon Lane, Luton, LU2 8BJ
Nearby Postcodes
LU2 8BJ is the 888th largest and the 699th most expensive postcode out of the 951 postcodes in the LU2 area.
- LU2 8BL, Greenways, Luton, LU2LU2 8BL35 Addresses|112 m away
- LU2 8BH, Cannon Lane, Luton, LU2LU2 8BH8 Addresses|130 m away
- LU2 8HL, Dellcot Close, Luton, LU2LU2 8HL24 Addresses|141 m away
- LU2 8BS, Swifts Green Close, Luton, LU2LU2 8BS18 Addresses|146 m away
- LU2 8BN, Swifts Green Road, Luton, LU2LU2 8BN27 Addresses|162 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 22 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 15 early-century houses built between 1912 and 1935
- 19 other addresses of unknown type
- period house (2)
- modern house (1)
- mid-century house (22)
- house (2)
- early-century house (15)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is C.
- A (0)
- E (7)
- B (0)
- F (0)
- C (22)
- G (0)
- D (11)
- No EPC (21)
Top 3 Most Expensive Sales
Schools Nearby
- Putteridge Primary School400 m away
- Stopsley Community Primary School700 m away
- Sacred Heart Catholic Primary School1.0 km away
- Putteridge High School600 m away
- Stopsley High School1.1 km away
- Queen Elizabeth School1.6 km away
More reading links
Public Transport Nearby
The closest station to LU2 8BJ is Luton station, which is 3.0 kilometres away.
- Luton|3.0 km away
- Luton Airport Parkway|3.6 km away
- Leagrave|4.7 km away
- Harlington (Bedfordshire)|9.6 km away
