Grantham Road - LU4 8JY
Key Postcode Insights
LU4 8JY is a residential postcode situated on Grantham Road, Luton, LU4 with 32 addresses.
It ranks as the 446th largest and 620th most expensive of the 695 postcodes in the LU4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 32 houses.
- Ave. Sale Price
- £364,533
- 10 Year change
- up 28.0%
- Ave. Rental Price
- £1,599pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
LU4 8JY is a residential postcode situated on Grantham Road, Luton, LU4 with 32 addresses.
It ranks as the 446th largest and 620th most expensive of the 695 postcodes in the LU4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 32 houses.
- Ave. Sale Price
- £364,533
- 10 Year change
- up 28.0%
- Ave. Rental Price
- £1,599pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin LU4 8JY
- 34 Grantham Road
Unknown
- 35 Grantham Road
3 Bed Period House
- 36 Grantham Road
3 Bed Period House
- 37 Grantham Road
Unknown
- 38 Grantham Road
Unknown
Sales Market Trends
The last sale in LU4 8JY sold for £272,000 on 27th September 2024. Since then prices are up an average of 21.8%.
The current average value in the postcode is £364,533.
The LU4 8JY Sales Market has increased by 28.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £364,533 |
| June 2025 | 2.5% | £365,716 |
| June 2024 | -1.1% | £356,869 |
| June 2023 | 0.2% | £360,778 |
| June 2022 | 11.6% | £360,151 |
| June 2021 | 6.4% | £322,684 |
| June 2020 | 1.6% | £303,170 |
| June 2019 | -3.9% | £298,543 |
| June 2018 | 1.7% | £310,584 |
| June 2017 | 7.2% | £305,282 |
| June 2016 | 21.7% | £284,855 |
| June 2015 | 13% | £234,140 |
| June 2014 | 8.9% | £207,236 |
| June 2013 | 3.4% | £190,233 |
| June 2012 | 1.3% | £184,035 |
| June 2011 | -0.2% | £181,761 |
| June 2010 | 8.8% | £182,035 |
| June 2009 | -15.2% | £167,303 |
| June 2008 | -3.5% | £197,296 |
| June 2007 | 0% | £204,433 |
Rental Market Trends
The current average rental value in the postcode is £1,599.
The LU4 8JY Rental Market has increased by 55.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,599pcm |
| June 2025 | 2.5% | £1,555pcm |
| June 2024 | 8.1% | £1,517pcm |
| June 2023 | 15.9% | £1,403pcm |
| June 2022 | 9.6% | £1,211pcm |
| June 2021 | 5.2% | £1,105pcm |
| June 2020 | -0.2% | £1,050pcm |
| June 2019 | 0.1% | £1,052pcm |
| June 2018 | -1.7% | £1,050pcm |
| June 2017 | 3.6% | £1,068pcm |
| June 2016 | 8.8% | £1,031pcm |
| June 2015 | 9.5% | £948pcm |
| June 2014 | 5% | £865pcm |
| June 2013 | 1.4% | £824pcm |
| June 2012 | 3.2% | £813pcm |
| June 2011 | 3.2% | £787pcm |
| June 2010 | 4.8% | £763pcm |
| June 2009 | -6.3% | £728pcm |
| June 2008 | 1.6% | £777pcm |
| June 2007 | 0% | £765pcm |
Sales History
The last sale was on 27th September 2024 for £272,000 and since then the market in the area has increased by 21.8%. The postcode has had a total of 27 sales since 1995.
LU4 8JY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£272,000 | 3 Bed House45, Grantham Road, Luton, LU4 8JY45, Grantham Road, Luton, LU4 8JY
- Sold Dec 2019£280,000 | 3 Bed House50, Grantham Road, Luton, LU4 8JY50, Grantham Road, Luton, LU4 8JY
- Sold Feb 2018£132,000 | 2 Bed House57, Grantham Road, Luton, LU4 8JY57, Grantham Road, Luton, LU4 8JY
- Sold Apr 2017£240,000 | 3 Bed House45, Grantham Road, Luton, LU4 8JY45, Grantham Road, Luton, LU4 8JY
- Sold May 2013£214,000 | 4 Bed House46, Grantham Road, Luton, LU4 8JY46, Grantham Road, Luton, LU4 8JY
Nearby Postcodes
LU4 8JY is the 446th largest and the 620th most expensive postcode out of the 695 postcodes in the LU4 area.
- LU4 8NH, Newark Road, Luton, LU4LU4 8NH4 Addresses|67 m away
- LU4 8NG, Stratford Road, Luton, LU4LU4 8NG42 Addresses|77 m away
- LU4 8LG, Sherwood Road, Luton, LU4LU4 8LG38 Addresses|121 m away
- LU4 8JX, Grantham Road, Luton, LU4LU4 8JX32 Addresses|133 m away
- LU4 8LS, Selbourne Road, Luton, LU4LU4 8LS23 Addresses|133 m away
Property Types
- 19 period houses built between 1800 and 1911
- 3 houses of an unknown age
- 10 other addresses of unknown type
- period house (19)
- house (3)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (0)
- C (1)
- G (0)
- D (12)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold May 2022£400,000 | 4 Bed House32, Grantham Road, Luton, LU4 8JX32, Grantham Road, Luton, LU4 8JX
- Sold Oct 2024£340,000 | 4 Bed House23, Grantham Road, Luton, LU4 8JX23, Grantham Road, Luton, LU4 8JX
- Sold Apr 2023£305,000 | 3 Bed House30, Grantham Road, Luton, LU4 8JX30, Grantham Road, Luton, LU4 8JX
Schools Nearby
- Maidenhall Primary School200 m away
- Denbigh Primary School400 m away
- Beech Hill Community Primary School600 m away
- Denbigh High School900 m away
- Icknield High School2.0 km away
- Challney High School for Boys2.1 km away
More reading links
Public Transport Nearby
The closest station to LU4 8JY is Luton station, which is 1.9 kilometres away.
- Luton|1.9 km away
- Leagrave|2.1 km away
- Luton Airport Parkway|3.5 km away
- Harlington (Bedfordshire)|8.8 km away
