LU4 8BW is a residential postcode situated on Dunstable Road, Luton, LU4 with 16 addresses.
It ranks as the 207th largest and 50th most expensive of the 695 postcodes in the LU4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 16 properties: 2 houses and 14 flats.
LU4 8BW is a residential postcode situated on Dunstable Road, Luton, LU4 with 16 addresses.
It ranks as the 207th largest and 50th most expensive of the 695 postcodes in the LU4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 16 properties: 2 houses and 14 flats.
Sale prices range from £128,715 for 1 bedroom Leasehold flats (452 ft2) to £387,238 for 4 bedroom freehold houses with a garden (1,194 ft2) .
Monthly rental prices range from £792 pcm for 1 bed flats to £1,795 pcm for 4 bed houses.
The gross rental yield is between 5.6% and 8.4%.
The average value per square foot is £283.
The last sale in LU4 8BW sold for £50,000 on 23rd February 1996. Since then prices are down an average of 0.0%.
The current average value in the postcode is £188,118.
The LU4 8BW Sales Market has increased by 20.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £188,118 |
| April 2025 | 1.8% | £183,674 |
| April 2024 | -0.7% | £180,348 |
| April 2023 | 0.9% | £181,710 |
| April 2022 | 5.4% | £180,159 |
| April 2021 | 4.2% | £170,916 |
| April 2020 | 0.6% | £164,003 |
| April 2019 | -5.2% | £162,948 |
| April 2018 | 1.5% | £171,876 |
| April 2017 | 8.5% | £169,410 |
| April 2016 | 22.4% | £156,206 |
| April 2015 | 11.4% | £127,579 |
| April 2014 | 7.2% | £114,551 |
| April 2013 | 1.6% | £106,887 |
| April 2012 | -0.8% | £105,184 |
| April 2011 | 0.7% | £105,993 |
| April 2010 | 1.7% | £105,222 |
| April 2009 | -17.1% | £103,414 |
| April 2008 | -0.4% | £124,741 |
| April 2007 | 0% | £125,283 |
The current average rental value in the postcode is £1,112.
The LU4 8BW Rental Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,112pcm |
| April 2025 | 1.7% | £1,080pcm |
| April 2024 | 10.3% | £1,063pcm |
| April 2023 | 12.8% | £963pcm |
| April 2022 | 6.5% | £854pcm |
| April 2021 | 1.3% | £802pcm |
| April 2020 | -1.4% | £792pcm |
| April 2019 | 0% | £803pcm |
| April 2018 | -3.5% | £803pcm |
| April 2017 | 4.8% | £832pcm |
| April 2016 | 8.8% | £794pcm |
| April 2015 | 8.9% | £730pcm |
| April 2014 | 2.9% | £670pcm |
| April 2013 | 0.4% | £652pcm |
| April 2012 | 0.8% | £649pcm |
| April 2011 | 1.9% | £644pcm |
| April 2010 | 0.8% | £632pcm |
| April 2009 | -7.2% | £627pcm |
| April 2008 | 2.2% | £676pcm |
| April 2007 | 0% | £661pcm |
The last sale was on 23rd February 1996 for £50,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
LU4 8BW has seen no sales in the last three years and no sales in the last twelve months.
LU4 8BW is the 207th largest and the 50th most expensive postcode out of the 695 postcodes in the LU4 area.
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The closest station to LU4 8BW is Luton station which is 1.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LU4 8BW, 41.2% of property is privately rented and 24.4% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LU4 8BW, 37.9% of residents are recorded as possessing school level qualifications and 22.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LU4 8BW, the average age was 31.5 and the most common age was 12.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LU4 8BW, 0.2% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LU4 8BW, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.