Morgan Close - LU4 9GL
Key Postcode Insights
LU4 9GL is a residential postcode situated on Morgan Close, Luton, LU4 with 73 addresses.
It ranks as the 689th largest and 116th most expensive of the 695 postcodes in the LU4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 73 properties: 37 houses and 36 flats.
- Ave. Sale Price
- £242,637
- 10 Year change
- up 25.5%
- Ave. Rental Price
- £1,265pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
LU4 9GL is a residential postcode situated on Morgan Close, Luton, LU4 with 73 addresses.
It ranks as the 689th largest and 116th most expensive of the 695 postcodes in the LU4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 73 properties: 37 houses and 36 flats.
- Ave. Sale Price
- £242,637
- 10 Year change
- up 25.5%
- Ave. Rental Price
- £1,265pcm
- 10 Year change
- up 49.1%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin LU4 9GL
- 1 Morgan Close
2 Bed Modern Flat
- 2 Morgan Close
2 Bed Modern Flat
- 3 Morgan Close
2 Bed Modern Flat
- 4 Morgan Close
2 Bed Modern Flat
- 5 Morgan Close
2 Bed Modern Flat
Sales Market Trends
The last sale in LU4 9GL sold for £187,000 on 14th November 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £242,637.
The LU4 9GL Sales Market has increased by 25.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £242,637 |
| June 2025 | 0.6% | £245,616 |
| June 2024 | -1% | £244,236 |
| June 2023 | 0.9% | £246,603 |
| June 2022 | 10.8% | £244,392 |
| June 2021 | 7.4% | £220,653 |
| June 2020 | 0.2% | £205,515 |
| June 2019 | -2.3% | £205,148 |
| June 2018 | 0.9% | £209,904 |
| June 2017 | 7.6% | £208,032 |
| June 2016 | 18.6% | £193,391 |
| June 2015 | 14.3% | £163,100 |
| June 2014 | 10.3% | £142,683 |
| June 2013 | 0.8% | £129,415 |
| June 2012 | 0.5% | £128,351 |
| June 2011 | 0.1% | £127,678 |
| June 2010 | 10.7% | £127,548 |
| June 2009 | -16.9% | £115,189 |
| June 2008 | -3.8% | £138,593 |
| June 2007 | 0% | £144,034 |
Rental Market Trends
The current average rental value in the postcode is £1,265.
The LU4 9GL Rental Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,265pcm |
| June 2025 | 1.4% | £1,240pcm |
| June 2024 | 10.6% | £1,222pcm |
| June 2023 | 13.3% | £1,105pcm |
| June 2022 | 6.8% | £976pcm |
| June 2021 | 5.9% | £914pcm |
| June 2020 | 0.7% | £863pcm |
| June 2019 | -1% | £857pcm |
| June 2018 | -1.7% | £866pcm |
| June 2017 | 3.8% | £881pcm |
| June 2016 | 9.8% | £849pcm |
| June 2015 | 8% | £773pcm |
| June 2014 | 3.7% | £716pcm |
| June 2013 | 0.8% | £691pcm |
| June 2012 | 3.5% | £685pcm |
| June 2011 | 3.4% | £662pcm |
| June 2010 | 4.5% | £640pcm |
| June 2009 | -6.1% | £612pcm |
| June 2008 | 0.6% | £652pcm |
| June 2007 | 0% | £648pcm |
Sales History
The last sale was on 14th November 2025 for £187,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 167 sales since 1995.
LU4 9GL has seen 10 sales in the last three years and 2 sales in the last twelve months.
- Sold Nov 2025£187,000 | 2 Bed Flat1, Morgan Close, Luton, LU4 9GL1, Morgan Close, Luton, LU4 9GL
- Sold Jul 2025£335,000 | 3 Bed House62, Morgan Close, Luton, LU4 9GL62, Morgan Close, Luton, LU4 9GL
- Sold Nov 2024£305,000 | 4 Bed House66, Morgan Close, Luton, LU4 9GL66, Morgan Close, Luton, LU4 9GL
- Sold Apr 2024£187,000 | 2 Bed Flat23, Morgan Close, Luton, LU4 9GL23, Morgan Close, Luton, LU4 9GL
- Sold Apr 2024£310,000 | 4 Bed House61, Morgan Close, Luton, LU4 9GL61, Morgan Close, Luton, LU4 9GL
Nearby Postcodes
LU4 9GL is the 689th largest and the 116th most expensive postcode out of the 695 postcodes in the LU4 area.
- LU4 9GN, Morgan Close, Luton, LU4LU4 9GN70 Addresses|65 m away
- LU4 9QW, Hutton Close, Luton, LU4LU4 9QW25 Addresses|102 m away
- LU4 9QA, Oakley Road, Luton, LU4LU4 9QA5 Addresses|129 m away
- LU4 9GH, Linden Road, Luton, LU4LU4 9GH10 Addresses|135 m away
- LU4 9FR, Villiers Close, Luton, LU4LU4 9FR83 Addresses|138 m away
Property Types
- 27 modern houses built after 1980
- 35 modern flats built after 1980
- 1 mid-century flat built between 1936 and 1979
- 3 houses of an unknown age
- 7 other addresses of unknown type
- modern house (27)
- modern flat (35)
- mid-century flat (1)
- house (3)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 67 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (0)
- C (46)
- G (0)
- D (17)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jun 2022£426,000 | 4 Bed House82, Morgan Close, Luton, LU4 9GN82, Morgan Close, Luton, LU4 9GN
- Sold Feb 2022£390,000 | 4 Bed House94, Morgan Close, Luton, LU4 9GN94, Morgan Close, Luton, LU4 9GN
- Sold Mar 2022£385,000 | 5 Bed House97, Morgan Close, Luton, LU4 9GN97, Morgan Close, Luton, LU4 9GN
Schools Nearby
- Beechwood Primary School300 m away
- Leagrave Primary School900 m away
- Norton Road Primary School900 m away
- Challney High School for Girls500 m away
- Challney High School for Boys700 m away
- The Chalk Hills Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to LU4 9GL is Leagrave station, which is 700 metres away.
- Leagrave|700 m away
- Luton|3.7 km away
- Luton Airport Parkway|5.3 km away
- Harlington (Bedfordshire)|7.4 km away
