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16 Somerset Avenue, Luton, LU2 0PJ

How much is 16 Somerset Avenue, Luton, LU2 0PJ worth?

Estimated value — November 2026

£356,000

Likely range £269,000 – £465,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale December 1995

52%

confidence

Medium

Typically within 12% of the sale price

Property details

Mid-terrace house

Somerset Avenue · Luton · LU2 0PJ

Address

District
Luton
County
Luton
See house prices in LU2 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k£500k20002002200420062008201020122014201620182020202220242026£356,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£98,327£82,248 – £116,321
2001£111,329£92,143 – £132,703
2002£146,408£120,242 – £174,825
2003£165,000£134,558 – £197,686
2004£184,592£149,192 – £222,244
2005£189,540£151,553 – £230,048
2006£204,553£162,167 – £249,490
2007£221,236£173,922 – £272,288
2008£183,988£144,579 – £227,703
2009£192,884£150,986 – £240,738
2010£190,947£149,199 – £240,533
2011£191,028£166,671 – £221,544
2012£192,880£166,750 – £225,618
2013£198,236£169,801 – £233,862
2014£221,615£188,060 – £263,655
2015£258,810£217,561 – £310,490
2016£286,919£238,904 – £347,076
2017£306,230£252,543 – £373,494
2018£304,257£248,491 – £374,125
2019£294,351£238,055 – £364,883
2020£306,784£245,665 – £383,358
2021£335,763£266,195 – £422,923
2022£356,131£279,505 – £452,134
2023£340,448£264,483 – £435,622
2024£347,946£267,536 – £448,690
2025£356,654£271,389 – £463,480
2026£356,000£269,000 – £465,000

Sale history

1995Sold
£57,000
2026Today — estimated
+525%£356,000

Mortgage calculator

£1,911

Estimated monthly repayment

£320,400

Loan amount

£367,442

Total interest

£687,842

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

16 Somerset Avenue, Luton, LU2 0PJ is a mid-terrace house on Somerset Avenue in Luton. Stede's estimated value for November 2026 is £356,000. Four in five similar homes sold within their likely range when tested; for this property that range is £269,000 to £465,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 3 similar homes in the same postcode (25%). The confidence score is 52 out of 100 (medium): estimates like this one are typically within 12% of the eventual sale price.

It last sold in December 1995 for £57,000. The current estimate is 525% higher than that price. The current owner has held it for about 31 years.

The modelled value is down 1% over the past year and up 8% over the past five years.

Among 10 nearby properties Stede tracks in the LU2 area, estimated values run from £306,000 to £399,000. This mid-terrace house's £356,000 sits toward the upper end of that range.

Common questions

How much is 16 Somerset Avenue, Luton, LU2 0PJ worth?

Stede estimates 16 Somerset Avenue, Luton, LU2 0PJ is worth £356,000 as of November 2026, within a likely range of £269,000 to £465,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 16 Somerset Avenue, Luton, LU2 0PJ last sell?

It last sold in December 1995 for £57,000.

What type of property is 16 Somerset Avenue, Luton, LU2 0PJ?

It is recorded as a Mid-terrace house on Somerset Avenue in the LU2 postcode area.

How reliable is this estimate?

The confidence score is 52 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 12% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 3 similar homes in the same postcode (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 26,552 real sales of similar homes.

  • Its sale in December 1995, brought up to today with the House Price Index£369,22075%
  • 3 similar homes sold recently in the same postcode£318,29925%

Estimate £356,000, likely £269,000 – £465,000

Read the full methodology and data sources →