Wheatfield Road - LU4 0TP
Key Postcode Insights
LU4 0TP is a residential postcode situated on Wheatfield Road, Luton, LU4 with 25 addresses.
It ranks as the 326th largest and 437th most expensive of the 695 postcodes in the LU4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 21 houses, 3 flats and 1 other property.
- Ave. Sale Price
- £301,384
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £1,519pcm
- 10 Year change
- up 50.2%
- Ave. £ per ft²
- £344/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
LU4 0TP is a residential postcode situated on Wheatfield Road, Luton, LU4 with 25 addresses.
It ranks as the 326th largest and 437th most expensive of the 695 postcodes in the LU4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 21 houses, 3 flats and 1 other property.
- Ave. Sale Price
- £301,384
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £1,519pcm
- 10 Year change
- up 50.2%
- Ave. £ per ft²
- £344/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin LU4 0TP
- 1 Wheatfield Road
House
- 3 Wheatfield Road
House
- 5 Wheatfield Road
3 Bed Mid-century House
- 7 Wheatfield Road
3 Bed House
- 9 Wheatfield Road
3 Bed Mid-century House
Sales Market Trends
The last sale in LU4 0TP sold for £315,000 on 18th February 2025. Since then prices are up an average of 0.1%.
The current average value in the postcode is £301,384.
The LU4 0TP Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £301,384 |
| June 2025 | 1.5% | £303,857 |
| June 2024 | -1.1% | £299,494 |
| June 2023 | 0.7% | £302,695 |
| June 2022 | 10.3% | £300,470 |
| June 2021 | 6.5% | £272,462 |
| June 2020 | 1% | £255,927 |
| June 2019 | -1.9% | £253,321 |
| June 2018 | 1.5% | £258,263 |
| June 2017 | 8.1% | £254,373 |
| June 2016 | 17.7% | £235,324 |
| June 2015 | 13.8% | £199,924 |
| June 2014 | 9.7% | £175,716 |
| June 2013 | 1.1% | £160,133 |
| June 2012 | -0.1% | £158,344 |
| June 2011 | 0.9% | £158,573 |
| June 2010 | 7.8% | £157,089 |
| June 2009 | -14.9% | £145,680 |
| June 2008 | -2.6% | £171,267 |
| June 2007 | 0% | £175,781 |
Rental Market Trends
The current average rental value in the postcode is £1,519.
The LU4 0TP Rental Market has increased by 50.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,519pcm |
| June 2025 | 2.9% | £1,484pcm |
| June 2024 | 9.8% | £1,441pcm |
| June 2023 | 11.1% | £1,313pcm |
| June 2022 | 7.8% | £1,182pcm |
| June 2021 | 5.2% | £1,096pcm |
| June 2020 | 1.1% | £1,042pcm |
| June 2019 | -0.7% | £1,030pcm |
| June 2018 | -1% | £1,038pcm |
| June 2017 | 3.6% | £1,048pcm |
| June 2016 | 9.8% | £1,011pcm |
| June 2015 | 7.6% | £921pcm |
| June 2014 | 3.8% | £856pcm |
| June 2013 | 1.3% | £825pcm |
| June 2012 | 2.8% | £814pcm |
| June 2011 | 1.9% | £792pcm |
| June 2010 | 5.1% | £778pcm |
| June 2009 | -5.8% | £740pcm |
| June 2008 | 1.1% | £786pcm |
| June 2007 | 0% | £777pcm |
Sales History
The last sale was on 18th February 2025 for £315,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 23 sales since 1995.
LU4 0TP has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£315,000 | 3 Bed House13, Wheatfield Road, Luton, LU4 0TP13, Wheatfield Road, Luton, LU4 0TP
- Sold Oct 2024£294,000 | 3 Bed House21, Wheatfield Road, Luton, LU4 0TP21, Wheatfield Road, Luton, LU4 0TP
- Sold Jan 2023£365,000 | 4 Bed House37, Wheatfield Road, Luton, LU4 0TP37, Wheatfield Road, Luton, LU4 0TP
- Sold Jun 2022£290,000 | 3 Bed House21, Wheatfield Road, Luton, LU4 0TP21, Wheatfield Road, Luton, LU4 0TP
- Sold May 2022£300,000 | 3 Bed House29, Wheatfield Road, Luton, LU4 0TP29, Wheatfield Road, Luton, LU4 0TP
Nearby Postcodes
LU4 0TP is the 326th largest and the 437th most expensive postcode out of the 695 postcodes in the LU4 area.
- LU4 0UH, Oatfield Close, Luton, LU4LU4 0UH49 Addresses|56 m away
- LU4 0US, Mandem Place, Luton, LU4LU4 0US3 Addresses|96 m away
- LU4 0TR, Wheatfield Road, Luton, LU4LU4 0TR30 Addresses|103 m away
- LU4 0TX, Thresher Close, Luton, LU4LU4 0TX21 Addresses|107 m away
- LU4 0TY, Paddock Close, Luton, LU4LU4 0TY52 Addresses|115 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 5 other addresses of unknown type
- mid-century house (14)
- mid-century flat (4)
- house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (11)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jun 2025£395,000 | 4 Bed House30, Wheatfield Road, Luton, LU4 0TR30, Wheatfield Road, Luton, LU4 0TR
- Sold Jan 2023£365,000 | 4 Bed House37, Wheatfield Road, Luton, LU4 0TP37, Wheatfield Road, Luton, LU4 0TP
- Sold Nov 2020£350,000 | 3 Bed House28, Wheatfield Road, Luton, LU4 0TR28, Wheatfield Road, Luton, LU4 0TR
Schools Nearby
- Southfield Primary Academy300 m away
- Chantry Primary Academy300 m away
- St Martin De Porres Catholic Primary School600 m away
- The Chalk Hills Academy900 m away
- Houstone School1.2 km away
- Challney High School for Girls1.9 km away
More reading links
Public Transport Nearby
The closest station to LU4 0TP is Leagrave station, which is 2.4 kilometres away.
- Leagrave|2.4 km away
- Luton|6.0 km away
- Harlington (Bedfordshire)|6.4 km away
- Luton Airport Parkway|7.6 km away
