Luton Property Market 2015

Story Highlights

  • Luton had total property sales of £655 millions in 2015.
  • The total number of properties sold in 2015 in Luton was 2,930
  • The average sales price in Luton was £223 K and the median was £190 K
  •  New Property sales contributed 3.69% and  Not New Property contributed 96.31%

 

Luton has unitary authority status in East England Property Market 2015. 

Total Sales By Property Type

Luton - Total Sales By Property Type

Luton had total property sales of £655 millions  which was 1.9% of  East England Property Market 2015.  

The split across the different property types are :

  • Detached at £111 millions (17.02%)
  • Terraced at £176 millions (26.86%)
  • Semi-Detached at £222 millions (33.85%)   
  • Flat/Maisonette at £61 millions (9.3%) 
  • Other at £85 millions (12.97%)

 

 

Total No Of Properties Sold By Property Type

Luton - Total No Of Properties Sold By Property Type

The total property sales of £655 millions in 2015 was spread over 2,930 properties.

  • Terraced properties at 979 (33.41%) 
  • Detached at 348 (11.88%)
  • Semi-Detached at 1,011 (34.51%)  
  • Flat/Maisonette at 537 (18.33%)
  • Others at 55 (1.88%). 

 

 

Average & Median Sales Price

Luton - Average & Median Sales Price

The average sales price in Luton was £223 K. For the different property types it was:

  • Detached at £320 K
  • Semi-Detached at £219 K
  • Terraced at £180 K
  • Flat/Maisonette at £113 K
  • Other it is at £1.544 millions.

 

Similarly median sales price in Luton was £190 K. For the different property types it was:

  • Detached at £300 K
  • Semi-Detached at £215 K
  • Terraced at £175 K
  • Flat/Maisonette at £113 K
  • Other it is at £493 K

 

 

New Vs Not New Property Statistics

Luton - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Properties contributed £24 millions (3.69%) 
  • Not New Property was £631 millions (96.31%)

 

By Total Number the split is as follows:

  • New properties sold were 117  (3.99%)
  • Not new property sold were 2,813 (96.01%)

 

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