Colwell Rise - LU2 9TJ
Key Postcode Insights
LU2 9TJ is a residential postcode situated on Colwell Rise, Luton, LU2 with 38 addresses.
It ranks as the 675th largest and 611th 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 38 properties: 26 houses and 12 flats.
- Ave. Sale Price
- £332,691
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,407pcm
- 10 Year change
- up 49.0%
- Ave. £ per ft²
- £406/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
LU2 9TJ is a residential postcode situated on Colwell Rise, Luton, LU2 with 38 addresses.
It ranks as the 675th largest and 611th 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 38 properties: 26 houses and 12 flats.
- Ave. Sale Price
- £332,691
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £1,407pcm
- 10 Year change
- up 49.0%
- Ave. £ per ft²
- £406/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin LU2 9TJ
- 5 Colwell Rise
3 Bed Mid-century House
- 7 Colwell Rise
Unknown
- 9 Colwell Rise
Unknown
- 11 Colwell Rise
3 Bed Mid-century House
- 13 Colwell Rise
Unknown
Sales Market Trends
The last sale in LU2 9TJ sold for £360,000 on 19th June 2024. Since then prices are down an average of 1.9%.
The current average value in the postcode is £332,691.
The LU2 9TJ Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £332,691 |
| June 2025 | 2.3% | £335,487 |
| June 2024 | -1% | £327,937 |
| June 2023 | -1.4% | £331,162 |
| June 2022 | 11.8% | £335,819 |
| June 2021 | 6.4% | £300,426 |
| June 2020 | 0.2% | £282,330 |
| June 2019 | -2.6% | £281,731 |
| June 2018 | 2.2% | £289,313 |
| June 2017 | 3.9% | £283,032 |
| June 2016 | 18.5% | £272,342 |
| June 2015 | 13.9% | £229,891 |
| June 2014 | 9.2% | £201,909 |
| June 2013 | 1.8% | £184,827 |
| June 2012 | 0.7% | £181,618 |
| June 2011 | -0.6% | £180,332 |
| June 2010 | 8.9% | £181,336 |
| June 2009 | -12.1% | £166,559 |
| June 2008 | -2.9% | £189,566 |
| June 2007 | 0% | £195,296 |
Rental Market Trends
The current average rental value in the postcode is £1,407.
The LU2 9TJ Rental Market has increased by 49.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,407pcm |
| June 2025 | 2.5% | £1,381pcm |
| June 2024 | 9.1% | £1,348pcm |
| June 2023 | 14.1% | £1,235pcm |
| June 2022 | 7.6% | £1,083pcm |
| June 2021 | 5.1% | £1,006pcm |
| June 2020 | 1.6% | £957pcm |
| June 2019 | -0.2% | £942pcm |
| June 2018 | -1.7% | £944pcm |
| June 2017 | 1.7% | £960pcm |
| June 2016 | 7.7% | £944pcm |
| June 2015 | 8.5% | £877pcm |
| June 2014 | 4.4% | £808pcm |
| June 2013 | 1.6% | £774pcm |
| June 2012 | 2.8% | £762pcm |
| June 2011 | 4.2% | £741pcm |
| June 2010 | 5.7% | £711pcm |
| June 2009 | -5.7% | £673pcm |
| June 2008 | 1.7% | £713pcm |
| June 2007 | 0% | £701pcm |
Sales History
The last sale was on 19th June 2024 for £360,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 46 sales since 1995.
LU2 9TJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2024£360,000 | 3 Bed House5, Colwell Rise, Luton, LU2 9TJ5, Colwell Rise, Luton, LU2 9TJ
- Sold Aug 2022£390,000 | 3 Bed House31, Colwell Rise, Luton, LU2 9TJ31, Colwell Rise, Luton, LU2 9TJ
- Sold Apr 2022£350,000 | 3 Bed House25, Colwell Rise, Luton, LU2 9TJ25, Colwell Rise, Luton, LU2 9TJ
- Sold Jan 2022£425,000 | 4 Bed House29, Colwell Rise, Luton, LU2 9TJ29, Colwell Rise, Luton, LU2 9TJ
- Sold Sep 2021£275,000 | 2 Bed House15, Colwell Rise, Luton, LU2 9TJ15, Colwell Rise, Luton, LU2 9TJ
Nearby Postcodes
LU2 9TJ is the 675th largest and the 611th most expensive postcode out of the 951 postcodes in the LU2 area.
- LU2 9UL, Beanley Close, Luton, LU2LU2 9UL23 Addresses|41 m away
- LU2 9UJ, Chatton Close, Luton, LU2LU2 9UJ5 Addresses|71 m away
- LU2 9TY, Branton Close, Luton, LU2LU2 9TY13 Addresses|96 m away
- LU2 9UT, Belsham Place, Luton, LU2LU2 9UT15 Addresses|102 m away
- LU2 9TU, Linbridge Way, Luton, LU2LU2 9TU50 Addresses|116 m away
Property Types
- 6 modern houses built after 1980
- 7 modern flats built after 1980
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 13 other addresses of unknown type
- modern house (6)
- modern flat (7)
- mid-century house (11)
- house (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (1)
- F (0)
- C (14)
- G (0)
- D (5)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Nov 2018£485,000 | 4 Bed House53, Colwell Rise, Luton, LU2 9TJ53, Colwell Rise, Luton, LU2 9TJ
- Sold Jan 2022£425,000 | 4 Bed House29, Colwell Rise, Luton, LU2 9TJ29, Colwell Rise, Luton, LU2 9TJ
- Sold Jan 2021£420,000 | 4 Bed House115, Colwell Rise, Luton, LU2 8UD115, Colwell Rise, Luton, LU2 8UD
Schools Nearby
- Wigmore Primary300 m away
- Cockernhoe Endowed CofE Primary School1.0 km away
- Someries Infant School and Early Childhood Education Centre1.1 km away
- Queen Elizabeth School900 m away
- Putteridge High School1.9 km away
- Stopsley High School2.8 km away
More reading links
Public Transport Nearby
The closest station to LU2 9TJ is Luton Airport Parkway station, which is 2.7 kilometres away.
- Luton Airport Parkway|2.7 km away
- Luton|3.2 km away
- Leagrave|6.3 km away
- Harpenden|8.5 km away