Local market reports › LU area › LU2
Chiltern Green market report LU2, Luton
The standing LU2 (Chiltern Green) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 33,102 sales registered with HM Land Registry in LU2 (Luton) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: 265 registered 2026 sales put the LU2 (Luton) median at £334,000, up 17% on five years earlier, with a mean of £340,500, and by floor area homes here have averaged about £4,010 per square metre over the last five years. Everything rests on 33,102 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
LU2 is a postcode district covering Luton (East), Chiltern Green, Cockernhoe in Luton. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where LU2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in LU2
Take the 265 registered 2026 sales in LU2 and the middle price, the median, is £334,000. The mean lands at £340,500, practically level with it: prices here bunch tightly around the middle.
House prices per square metre in LU2
The last five years of sales put LU2 at roughly £4,010 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
For scale: the England and Wales median is £285,000, so LU2 trades 17% above the country as a whole.
LU2's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £334,000 | £334,000 | 265 |
| 2025 | £330,000 | £337,891 | 641 |
| 2024 | £322,500 | £342,884 | 617 |
| 2023 | £316,800 | £348,086 | 650 |
| 2022 | £316,500 | £371,132 | 876 |
| 2021 | £285,000 | £360,847 | 1,118 |
| 2020 | £270,500 | £350,979 | 656 |
| 2019 | £250,000 | £327,690 | 865 |
| 2018 | £266,000 | £354,583 | 772 |
| 2017 | £255,000 | £347,794 | 856 |
| 2016 | £235,000 | £328,767 | 915 |
| 2015 | £214,500 | £303,089 | 932 |
| 2014 | £175,000 | £248,268 | 1,012 |
| 2013 | £163,500 | £235,260 | 784 |
| 2012 | £162,000 | £238,444 | 707 |
| 2011 | £159,000 | £240,029 | 663 |
| 2010 | £156,000 | £244,648 | 658 |
| 2009 | £150,000 | £241,126 | 640 |
| 2008 | £165,000 | £270,470 | 729 |
| 2007 | £165,000 | £279,886 | 1,424 |
| 2006 | £153,000 | £265,588 | 1,531 |
| 2005 | £145,000 | £258,042 | 1,199 |
| 2004 | £138,200 | £250,998 | 1,393 |
| 2003 | £126,000 | £232,123 | 1,497 |
| 2002 | £105,000 | £197,557 | 1,829 |
| 2001 | £85,000 | £163,408 | 1,624 |
| 2000 | £75,000 | £147,188 | 1,462 |
| 1999 | £64,000 | £127,549 | 1,690 |
| 1998 | £57,000 | £115,059 | 1,399 |
| 1997 | £54,000 | £110,743 | 1,421 |
| 1996 | £50,000 | £105,448 | 1,270 |
| 1995 | £49,500 | £107,605 | 1,007 |
In cash terms the typical LU2 home went from £49,500 in 1995 to £334,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 210%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2022; the current median sits about 10% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the LU2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+23.5% on the year before); the weakest, 2009 (−9.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What LU2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.2% | −1.2% |
| 5 years (since 2021) | +3.2% | −1.5% |
| 10 years (since 2016) | +3.6% | +0.2% |
| 20 years (since 2006) | +4.0% | +1.2% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 40% of the typed total. A detached home currently trades at £460,000 against £170,000 for a flat, 2.7 times the price.
Median by property type, LU2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £460,000 | 58 | 4,897 |
| Semi-detached | £350,000 | 121 | 13,294 |
| Terraced | £275,000 | 51 | 9,390 |
| Flats | £170,000 | 35 | 5,521 |
How many homes change hands in LU2
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
LU2 recorded 528 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,495 sales a year before the financial crisis and 610 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around LU2
For renting purposes LU2 sits in Luton. The ONS average private rent there is £1,217 a month (May 2026). The spread runs from £904 a month for a typical one-bed to £1,811 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Luton
ONS Price Index of Private Rents, May 2026.
£1,217 a month is £14,604 a year, which against the £334,000 median sold price makes a gross yield of 4.4%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Common questions on LU2 (Chiltern Green)
Are property prices falling in LU2 (Chiltern Green)?
Is LU2 (Chiltern Green) a good place to buy a house?
How much did a house sell for in LU2 (Chiltern Green)?
Where do LU2 prices go next?
The record answers a different question than "what happens next": the median is up 17% over five years in cash but down 7% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in LU2 right now
Everything above is what homes in LU2 sold for. This is what you could actually buy today: 47 homes currently on the market from 11 agents publishing to HomesIndex, at a typical asking price 6% above the LU2 median sold price.
23% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Greenside Park, LUTON, Bedfordshire, LU2
- Preston Gardens, Luton, Bedfordshire, Luton
- 146 Midland Road, Town Centre, Luton, LU2, Luton
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every LU2 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in LU
What homes of each size actually sold for across the LU area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £375,000 | £480,000 (+28%) | £690,000 (+44%) | £955,000 (+38%) |
| Semi-detached | £280,000 | £330,000 (+18%) | £381,000 (+15%) | £458,000 (+20%) | £555,000 (+21%) |
| Terraced | £260,000 | £295,000 (+13%) | £330,000 (+12%) | £407,500 (+23%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
LU2 ranks 2 of 7 in the LU area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the LU area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside LU2, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LU2 0 | £300,000 | 50 |
| LU2 7 | £335,000 | 95 |
| LU2 8 | £350,000 | 66 |
| LU2 9 | £342,500 | 54 |
How LU2 compares nearby
Same city, different markets. The neighbouring districts of the LU area, dearest first:
| District | Median | 5-year |
|---|---|---|
| LU7 | £370,000 | +7% |
| LU6 | £355,000 | +11% |
| LU2 (this report) | £334,000 | +17% |
| LU3 | £325,000 | +16% |
| LU5 | £320,500 | +7% |
| LU4 | £315,000 | +19% |
| LU1 | £260,000 | -7% |
Thinking of selling in LU2? Get a rough value first
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at LU2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LU2.
Go deeper
Behind the answers sits the same Land Registry record as this page, with LU2 already set as the subject. Free, one click sign in.
See every individual LU2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.