Housing Market Analysis for NEW STREET, LU1 5DE

Are you looking to understand LU1 5DE 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 5DE area, explore the LU1 5DE Area information page.
For comprehensive crime statistics in the LU1 5DE area, explore the LU1 5DE Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £1,112,500 median price is £1,112,500 Standard Deviation is £562,500 with Total Sold: 2
    • The most recent sale happened at this postcode is NEWBOURNE HOUSE, 5 - 7 NEW STREET: £1,675,000 (Sold on 29 Nov 2016)
    • The first recorded sale happened at this postcode is NEWBOURNE HOUSE, 5 - 7 NEW STREET: £550,000 (Sold on 12 May 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5DE 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.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£1,675,0001
2015£550,0001

All the Sales in the NEW STREET, LU1 5DE

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

AddressSold DatePrice% Change
NEWBOURNE HOUSE, 5 - 7 NEW STREETOther, Freehold29 Nov 2016£1,675,000204.55%
12 May 2015£550,000First Sale

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

NEW STREET, LU1 5DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU1 5DE 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 5DE postcode.

  • Terraced
    • The average price is around £118,657 median price is £115,000 Standard Deviation is £72,106 with Total Sold: 2,459
    • The Last 5 Year average price is £231,084 with Total Sold: 250
    • 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 , 70 ASHTON ROAD: £39,995 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £101,805 median price is £93,500 Standard Deviation is £54,461 with Total Sold: 2,883
    • The Last 5 Year average price is £142,930 with Total Sold: 389
    • 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 £144,687 median price is £126,000 Standard Deviation is £93,860 with Total Sold: 563
    • The Last 5 Year average price is £273,628 with Total Sold: 59
    • The most recent sale happened at this postcode is , 33 PARKLAND DRIVE: £458,000 (Sold on 01 Aug 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 £628,576 median price is £75,000 Standard Deviation is £2,264,275 with Total Sold: 601
    • The Last 5 Year average price is £1,225,360 with Total Sold: 166
    • 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 £264,314 median price is £249,500 Standard Deviation is £147,897 with Total Sold: 140
    • The Last 5 Year average price is £457,514 with Total Sold: 26
    • The most recent sale happened at this postcode is , 25 HARRIS MEADOW: £437,500 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 85 FARLEY HILL: £54,000 (Sold on 12 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,100 £3,033 10
2023£244,058 £3,145 43
2022£255,294 £3,257 49
2021£229,066 £3,023 65
2020£226,790 £2,801 29
2019£202,222 £2,616 54
2018£209,213 £2,899 73
2017£216,644 £2,987 72
2016£194,372 £2,792 74
2015£165,759 £2,218 61
2014£141,946 £2,034 67
2013£127,892 £1,860 45
2012£128,128 £1,697 35
2011£136,851 £1,774 40
2010£120,947 £1,666 38
2009£130,834 £1,620 32
2008£150,003 £2,298 59
2007£153,381 £2,039 106
2006£137,969 £1,824 136
2005£127,296 £1,841 98
2004£131,454 £1,708 127
2003£111,794 £1,606 133
2002£86,883 £1,247 158
2001£68,836 £950 136
2000£63,356 £888 146
1999£49,436 £722 142
1998£45,391 £623 124
1997£41,595 £552 115
1996£35,996 £506 113
1995£36,526 £524 79
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£124,747 £2,922 29
2023£134,980 £2,804 65
2022£152,090 £2,987 77
2021£143,146 £2,937 54
2020£138,376 £3,130 52
2019£147,965 £3,187 112
2018£137,634 £4,204 368
2017£110,923 £3,596 337
2016£111,719 £2,641 108
2015£103,601 £2,268 138
2014£82,961 £1,802 63
2013£75,481 £1,637 42
2012£69,600 £1,736 40
2011£72,902 £1,693 25
2010£94,732 £2,141 41
2009£92,705 £2,113 24
2008£104,038 £2,738 72
2007£139,440 £2,938 298
2006£103,393 £2,404 108
2005£93,434 £2,105 90
2004£95,712 £2,254 84
2003£76,953 £1,662 106
2002£53,774 £1,436 108
2001£44,819 £1,134 89
2000£38,439 £905 81
1999£31,994 £664 73
1998£24,566 £550 66
1997£22,118 £496 46
1996£19,383 £498 43
1995£19,624 £518 44
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,3333
2023£302,005 £3,427 13
2022£272,364 £3,346 11
2021£278,682 £2,968 11
2020£241,500 £2,720 9
2019£253,333 £2,559 12
2018£251,000 £2,712 7
2017£291,478 £2,967 23
2016£215,273 £2,905 11
2015£186,607 £2,183 14
2014£148,800 £1,674 10
2013£129,833 £1,610 6
2012£200,000 £1,429 1
2011£178,227 £1,759 11
2010£141,214 £1,726 7
2009£140,400 £1,580 5
2008£191,079 £2,004 19
2007£166,391 £2,316 35
2006£159,867 £1,966 29
2005£150,930 £1,617 40
2004£152,175 £1,861 40
2003£128,515 £1,633 34
2002£100,227 £1,381 43
2001£93,346 £994 39
2000£74,651 £1,061 28
1999£53,857 £653 33
1998£52,692 £610 27
1997£42,961 £609 13
1996£46,116 £609 15
1995£48,625 £542 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£596,3899
2023£640,908 £27,938 44
2022£1,222,392 £3,833 24
2021£716,061 £4,807 35
2020£643,347 £5,873 22
2019£3,165,286 £2,293 32
2018£565,456 £1,413 100
2017£259,850 £4,854 113
2016£258,045 £1,389 172
2015£912,808 £2,393 32
2014£769,522 £1,947 15
2013£1,106,3333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£480,740 £3,380 14
2022£415,000 £4,330 2
2021£432,500 £3,898 2
2020£270,0001
2019£457,143 £2,589 7
2018£365,000 £2,992 1
2017£344,750 £3,336 4
2016£254,250 £2,712 4
2015£259,330 £2,301 3
2014£268,333 £2,704 3
2013£310,000 £3,214 1
2012£333,750 £1,071 2
2011£220,000 £2,240 2
2010£304,167 £1,812 3
2009£287,500 £1,683 2
2008£255,8333
2007£246,250 £1,456 6
2006£345,000 £1,116 6
2005£251,654 £1,620 13
2004£233,889 £4,214 9
2003£279,508 £1,834 10
2002£159,042 £1,390 12
2001£141,667 £1,406 3
2000£123,000 £712 3
1999£120,000 £623 5
1998£79,500 £665 6
1997£147,125 £617 4
1996£154,167 £491 3
1995£90,417 £795 6

House Type in LU1 5DE area

The most common house types in the LU1 5DE postcode area are Flat (131), Shared house (14), and Terraced (12).

Total180
Flat131
Shared house14
Terraced12
Detached10
commercial building6
Semi-detached4
converted building2
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (100), and Social rented: Rents from council or Local Authority (69).

Private rented: Private landlord or letting agency100
Social rented: Rents from council or Local Authority69
Social rented: Other social rented4
Private rented: Other private rented4
Lives rent free2
Owned: Owns outright1
Does not apply0
Owned: Owns with a mortgage or loan0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the LU1 5DE have 1 person in household (95), and 2 people in household (47).

1 person in household95
2 people in household47
4 people in household15
3 people in household14
5 people in household5
6 people in household2
8 or more people in household2
0 people in household0
7 people in household0