Housing Market Analysis for LU1 5ER

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU1 5ER 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 5ER

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

    AddressSold DatePrice% Change

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

    LU1 5ER Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £120,876 median price is £116,000 Standard Deviation is £72,363 with Total Sold: 2,720
      • The Last 5 Year average price is £234,050 with Total Sold: 294
      • 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 £99,079 median price is £88,625 Standard Deviation is £53,504 with Total Sold: 2,430
      • The Last 5 Year average price is £143,834 with Total Sold: 308
      • The most recent sale happened at this postcode is , 14 LAWN GARDENS: £145,000 (Sold on 30 Aug 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 £150,931 median price is £133,500 Standard Deviation is £98,035 with Total Sold: 849
      • The Last 5 Year average price is £288,627 with Total Sold: 96
      • The most recent sale happened at this postcode is , 37 MAY STREET: £245,000 (Sold on 23 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 £526,936 median price is £67,300 Standard Deviation is £2,274,007 with Total Sold: 517
      • The Last 5 Year average price is £1,114,577 with Total Sold: 133
      • 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 , 28 KING STREET: £285,000 (Sold on 12 Nov 2013)
    • Detached
      • The average price is around £288,586 median price is £268,000 Standard Deviation is £154,512 with Total Sold: 225
      • The Last 5 Year average price is £480,864 with Total Sold: 45
      • The most recent sale happened at this postcode is , 6 HOLMFIELD CLOSE: £440,000 (Sold on 10 May 2024)
      • The first recorded sale happened at this postcode is , 4 OLD ORCHARD: £85,000 (Sold on 01 Feb 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£236,923 £3,443 13
    2023£248,924 £3,327 52
    2022£258,356 £3,344 52
    2021£232,269 £3,079 79
    2020£234,798 £2,828 35
    2019£202,937 £2,722 63
    2018£214,913 £2,928 80
    2017£216,492 £2,998 83
    2016£197,247 £2,784 85
    2015£169,695 £2,308 77
    2014£143,711 £2,045 74
    2013£128,421 £1,869 49
    2012£126,756 £1,706 39
    2011£136,733 £1,789 43
    2010£124,470 £1,734 50
    2009£123,274 £1,653 39
    2008£150,936 £2,137 56
    2007£152,049 £2,036 113
    2006£138,740 £1,832 145
    2005£126,844 £1,830 105
    2004£131,915 £1,756 142
    2003£111,419 £1,597 147
    2002£88,225 £1,272 175
    2001£68,980 £974 147
    2000£62,994 £882 162
    1999£49,962 £719 157
    1998£46,333 £659 136
    1997£40,483 £557 121
    1996£35,283 £494 118
    1995£36,437 £523 83
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£125,506 £3,269 26
    2023£130,619 £2,720 52
    2022£152,718 £3,009 57
    2021£140,888 £2,925 50
    2020£144,426 £3,169 40
    2019£153,244 £3,327 83
    2018£135,741 £4,307 327
    2017£95,288 £3,325 276
    2016£107,220 £2,638 88
    2015£100,649 £2,219 87
    2014£83,282 £1,847 64
    2013£74,789 £1,630 31
    2012£68,118 £1,522 34
    2011£75,121 £1,736 21
    2010£95,405 £2,107 37
    2009£97,597 £2,045 20
    2008£105,431 £2,748 73
    2007£142,856 £2,985 263
    2006£101,821 £2,416 84
    2005£89,275 £2,052 67
    2004£92,960 £2,138 67
    2003£76,122 £1,717 90
    2002£55,340 £1,420 93
    2001£46,443 £1,168 75
    2000£39,263 £914 82
    1999£30,675 £659 64
    1998£23,331 £573 63
    1997£22,250 £489 45
    1996£19,552 £529 38
    1995£19,718 £521 33
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£292,6258
    2023£311,370 £3,299 18
    2022£294,975 £3,817 20
    2021£298,029 £3,312 17
    2020£252,192 £3,035 13
    2019£275,900 £2,702 20
    2018£244,958 £2,884 12
    2017£296,000 £3,077 33
    2016£250,722 £3,022 18
    2015£196,575 £2,137 20
    2014£182,000 £1,891 16
    2013£159,500 £1,839 11
    2012£204,708 £2,062 12
    2011£207,367 £1,855 15
    2010£144,650 £1,980 10
    2009£154,318 £1,702 11
    2008£184,100 £1,989 25
    2007£174,678 £2,121 46
    2006£160,831 £1,894 49
    2005£144,254 £1,691 54
    2004£150,208 £1,883 60
    2003£132,046 £1,626 43
    2002£106,272 £1,387 57
    2001£88,952 £1,050 45
    2000£77,247 £1,067 43
    1999£62,923 £748 43
    1998£58,915 £680 47
    1997£52,568 £644 32
    1996£47,190 £579 26
    1995£45,548 £528 25
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£505,7147
    2023£284,602 £3,095 38
    2022£732,308 £3,558 22
    2021£490,635 £4,807 27
    2020£479,100 £7,329 15
    2019£4,055,811 £1,742 24
    2018£468,457 £1,402 88
    2017£193,361 £2,734 100
    2016£224,318 £676 163
    2015£804,708 £2,393 21
    2014£737,900 £1,947 10
    2013£1,392,5002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£440,0001
    2023£509,419 £2,811 14
    2022£432,500 £4,512 4
    2021£483,556 £3,974 9
    2020£432,500 £3,162 4
    2019£481,154 £2,895 13
    2018£360,000 £3,468 2
    2017£404,714 £3,595 7
    2016£267,400 £2,799 5
    2015£351,332 £2,825 6
    2014£340,056 £2,416 9
    2013£346,875 £2,781 4
    2012£349,333 £2,169 6
    2011£264,500 £2,331 6
    2010£290,625 £1,812 4
    2009£301,750 £1,722 4
    2008£240,000 £2,030 3
    2007£321,500 £1,782 13
    2006£335,562 £1,116 8
    2005£259,036 £1,746 14
    2004£256,250 £3,601 12
    2003£226,158 £1,686 10
    2002£163,857 £1,389 14
    2001£155,111 £1,492 9
    2000£150,786 £1,189 7
    1999£140,611 £1,094 9
    1998£101,056 £990 9
    1997£145,571 £873 7
    1996£136,875 £628 4
    1995£95,062 £749 8

    House Type in LU1 5ER area

    The most common house types in the LU1 5ER postcode area are Semi-detached (57), Flat (55), and Detached (17).

    Total141
    Semi-detached57
    Flat55
    Detached17
    Terraced7
    Shared house4
    commercial building1
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (51), and Owned: Owns with a mortgage or loan (34).

    Private rented: Private landlord or letting agency51
    Owned: Owns with a mortgage or loan34
    Social rented: Other social rented29
    Owned: Owns outright19
    Private rented: Other private rented5
    Social rented: Rents from council or Local Authority4
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the LU1 5ER have 1 person in household (47), and 2 people in household (38).

    1 person in household47
    2 people in household38
    3 people in household22
    4 people in household21
    5 people in household7
    6 people in household5
    8 or more people in household2
    7 people in household1
    0 people in household0