Housing Market Analysis for LU1 5BL

Are you looking to understand LU1 5BL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Luton postcode.

For the location information and nearby amenities in the LU1 5BL area, explore the LU1 5BL Area information page.
For comprehensive crime statistics in the LU1 5BL area, explore the LU1 5BL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU1 5BL postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU1 5BL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

    Please note that this data is populated based on the sold houses data given by the Land Registry.

    All the Sales in the LU1 5BL

    See the table below for more details on the sold house prices in the LU1 5BL, Luton postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the LU1 5BL postcode. Properties currently for saleProperties currently for rent

    LU1 5BL Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the LU1 5BL postcode area

    Nearby Sold House Price Statstics

    Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LU1 5BL postcode.

    • Terraced
      • The average price is around £120,126 median price is £113,500 Standard Deviation is £75,242 with Total Sold: 1,821
      • The Last 5 Year average price is £239,360 with Total Sold: 201
      • The most recent sale happened at this postcode is , 53 ROTHESAY ROAD: £300,000 (Sold on 05 Sep 2024)
      • The first recorded sale happened at this postcode is , 5 LAWFORD CLOSE: £30,000 (Sold on 13 Jan 1995)
    • Flat
      • The average price is around £103,252 median price is £94,000 Standard Deviation is £52,831 with Total Sold: 2,802
      • The Last 5 Year average price is £139,425 with Total Sold: 385
      • The most recent sale happened at this postcode is FLAT 1, AUCTION HOUSE COURTYARD, 25 JOHN STREET: £120,000 (Sold on 02 Sep 2024)
      • The first recorded sale happened at this postcode is 4, HOUGHTON MEWS WINDSOR STREET: £23,000 (Sold on 16 Jan 1995)
    • Semi-Detached
      • The average price is around £149,209 median price is £135,000 Standard Deviation is £94,484 with Total Sold: 579
      • The Last 5 Year average price is £276,715 with Total Sold: 60
      • The most recent sale happened at this postcode is , 16 FARLEY HILL: £280,000 (Sold on 16 Jul 2024)
      • The first recorded sale happened at this postcode is , 8 HILLBOROUGH ROAD: £35,000 (Sold on 09 Jan 1995)
    • Other
      • The average price is around £668,778 median price is £73,722 Standard Deviation is £2,320,253 with Total Sold: 581
      • The Last 5 Year average price is £1,368,342 with Total Sold: 160
      • The most recent sale happened at this postcode is , 42 HASTINGS STREET: £485,000 (Sold on 11 Jun 2024)
      • The first recorded sale happened at this postcode is , 94 INKERMAN STREET: £534,000 (Sold on 01 Nov 2013)
    • Detached
      • The average price is around £221,287 median price is £217,500 Standard Deviation is £131,548 with Total Sold: 88
      • The Last 5 Year average price is £413,663 with Total Sold: 8
      • The most recent sale happened at this postcode is , 12 ASHBURNHAM ROAD: £280,304 (Sold on 07 Sep 2023)
      • The first recorded sale happened at this postcode is FLAT A, 41 MILTON ROAD: £24,000 (Sold on 23 May 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£256,500 £2,992 7
    2023£253,500 £3,239 37
    2022£264,636 £3,229 36
    2021£235,753 £3,023 49
    2020£228,017 £2,789 29
    2019£215,000 £2,691 43
    2018£207,270 £2,887 45
    2017£224,098 £2,968 47
    2016£201,204 £2,761 38
    2015£167,573 £2,224 49
    2014£142,004 £2,071 56
    2013£131,230 £1,873 33
    2012£130,115 £1,711 26
    2011£138,927 £1,788 27
    2010£123,069 £1,681 29
    2009£141,719 £1,472 16
    2008£147,698 £2,279 45
    2007£153,270 £1,942 81
    2006£142,115 £1,908 94
    2005£130,162 £1,880 74
    2004£135,949 £1,698 100
    2003£113,379 £1,599 96
    2002£87,118 £1,209 124
    2001£68,907 £935 106
    2000£62,321 £871 112
    1999£51,429 £695 99
    1998£45,624 £627 91
    1997£40,815 £548 85
    1996£36,489 £515 89
    1995£36,039 £536 58
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£121,827 £2,922 31
    2023£128,502 £2,756 64
    2022£148,508 £3,081 78
    2021£138,066 £2,864 50
    2020£134,640 £3,013 54
    2019£147,412 £3,135 108
    2018£136,453 £4,166 357
    2017£107,900 £3,433 335
    2016£114,009 £2,686 106
    2015£108,221 £2,415 106
    2014£88,044 £1,813 54
    2013£73,154 £1,688 37
    2012£82,999 £1,821 39
    2011£75,417 £1,579 27
    2010£87,486 £1,942 37
    2009£85,416 £1,891 21
    2008£104,893 £2,691 70
    2007£142,403 £2,960 281
    2006£105,198 £2,489 118
    2005£97,597 £2,136 89
    2004£99,285 £2,272 94
    2003£81,473 £1,732 104
    2002£63,049 £1,530 114
    2001£57,472 £1,329 115
    2000£40,331 £914 70
    1999£34,692 £755 67
    1998£28,124 £569 48
    1997£24,185 £546 49
    1996£22,785 £561 41
    1995£20,354 £541 38
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£293,5002
    2023£283,425 £3,779 8
    2022£285,833 £3,472 12
    2021£303,577 £3,096 13
    2020£249,045 £2,977 11
    2019£259,464 £2,673 14
    2018£245,688 £2,744 8
    2017£296,500 £3,159 25
    2016£242,182 £2,957 11
    2015£189,909 £2,191 11
    2014£138,624 £1,700 8
    2013£146,062 £1,726 8
    2012£188,667 £1,834 3
    2011£164,550 £1,743 10
    2010£143,417 £1,455 6
    2009£158,667 £1,504 9
    2008£198,382 £1,979 17
    2007£179,735 £2,494 34
    2006£165,590 £2,371 36
    2005£149,952 £1,647 38
    2004£165,407 £1,999 43
    2003£129,580 £1,740 31
    2002£108,466 £1,565 46
    2001£89,439 £1,075 41
    2000£80,426 £1,129 30
    1999£61,525 £726 32
    1998£59,268 £624 24
    1997£41,471 £654 17
    1996£46,000 £839 15
    1995£47,034 £712 16
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£596,3899
    2023£672,178 £26,357 44
    2022£1,298,225 £4,229 24
    2021£749,951 £4,807 33
    2020£780,093 £5,931 23
    2019£4,079,389 £2,226 27
    2018£562,667 £13,439 95
    2017£276,019 £5,543 111
    2016£259,490 £1,389 169
    2015£1,007,032 £2,893 26
    2014£753,864 £5,394 16
    2013£858,9164
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£313,101 £3,379 3
    2021£550,0001
    2020£270,0001
    2019£516,667 £2,243 3
    2017£279,000 £3,041 2
    2016£161,000 £3,226 2
    2014£155,000 £2,719 1
    2012£367,5001
    2010£247,5002
    2009£400,0001
    2008£321,2502
    2007£228,750 £2,460 6
    2006£262,5005
    2005£231,600 £2,364 10
    2004£260,000 £5,339 9
    2003£272,812 £1,533 8
    2002£162,350 £1,491 10
    2001£115,750 £1,406 2
    2000£135,0001
    1999£97,7426
    1998£50,500 £567 4
    1997£182,5002
    1996£122,5004
    1995£33,5002

    House Type in LU1 5BL area

    The most common house types in the LU1 5BL postcode area are Flat (64), Shared house (10), and Detached (9).

    Total107
    Flat64
    Shared house10
    Detached9
    Terraced7
    converted building7
    commercial building7
    Semi-detached3
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (92), and Owned: Owns outright (5).

    Private rented: Private landlord or letting agency92
    Owned: Owns outright5
    Social rented: Rents from council or Local Authority4
    Social rented: Other social rented3
    Owned: Owns with a mortgage or loan2
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the LU1 5BL have 2 people in household (38), and 1 person in household (34).

    2 people in household38
    1 person in household34
    3 people in household22
    4 people in household8
    5 people in household3
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0