Housing Market Analysis for RUSSELL RISE, LU1 5ES

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £155,136 median price is £143,500 Standard Deviation is £82,487 with Total Sold: 33
    • The Last 5 Year average price is £273,500 with Total Sold: 5
    • The most recent sale happened at this postcode is 13 RUSSELL RISE: £275,000 (Sold on 21 Oct 2022)
    • The first recorded sale happened at this postcode is 37 RUSSELL RISE: £35,000 (Sold on 26 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5ES 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£297,500 £3,410 2
2021£256,250 £2,685 2
2019£260,000 £1,946 1
2017£267,500 £2,625 3
2015£190,000 £2,377 1
2012£155,000 £1,308 1
2011£145,000 £1,814 1
2010£175,000 £1,616 1
2007£196,250 £1,776 2
2006£156,000 £1,592 2
2005£128,000 £1,208 1
2004£184,250 £1,530 2
2003£140,000 £1,647 1
2002£116,498 £1,116 2
2001£84,500 £942 3
2000£78,500 £982 1
1999£68,500 £634 2
1998£53,125 £625 2
1996£45,083 £383 3

All the Sales in the RUSSELL RISE, LU1 5ES

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

AddressSold DatePrice% Change
13 RUSSELL RISETerraced, FreeholdArea: 90 Sq.mtrAge: 1900-192921 Oct 2022£275,00092.31%
12 Sep 2006£143,00021.19%
16 Aug 2002£117,995168.17%
26 Apr 1996£44,000First Sale
3 RUSSELL RISETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-192927 May 2022£320,000128.57%
17 Sep 2003£140,000First Sale
31 RUSSELL RISETerraced, FreeholdArea: 106 Sq.mtrAge: 1900-192908 Sep 2021£282,50067.16%
07 Mar 2006£169,00032.03%
25 Feb 2005£128,000First Sale
15 RUSSELL RISETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-192920 Aug 2021£230,000First Sale
29 RUSSELL RISETerraced, FreeholdArea: 133.6 Sq.mtrAge: 1900-192925 Jan 2019£260,0004.42%
12 Dec 2007£249,00027.04%
30 Jul 2004£196,000117.78%
23 Jul 1999£90,00060.00%
02 Dec 1996£56,250First Sale
9 RUSSELL RISETerraced, FreeholdArea: 79.92 Sq.mtrAge: 1900-192928 Jul 2017£252,50032.89%
02 Apr 2015£190,00031.03%
27 Jan 2011£145,0001.05%
05 Apr 2007£143,50082.80%
27 Jul 2000£78,50043.38%
31 Jul 1998£54,750First Sale
33 RUSSELL RISETerraced, FreeholdArea: 125 Sq.mtrAge: 1900-192912 Jul 2017£295,000156.52%
12 Jul 2002£115,000First Sale
23 RUSSELL RISETerraced, FreeholdArea: 108.3 Sq.mtrAge: 1900-192926 May 2017£255,00045.71%
08 Sep 2010£175,0001.45%
13 Oct 2004£172,50089.56%
01 Aug 2001£91,000First Sale
17 RUSSELL RISETerraced, FreeholdArea: 118.5 Sq.mtr28 Sep 2012£155,000First Sale
11 RUSSELL RISETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-192910 Aug 2001£82,50075.53%
26 Mar 1999£47,000First Sale
19 RUSSELL RISETerraced, FreeholdArea: 85 Sq.mtrAge: before 190002 Jul 2001£80,00055.34%
22 Jul 1998£51,500First Sale
37 RUSSELL RISETerraced, FreeholdArea: 146 Sq.mtrAge: before 190026 Mar 1996£35,000First Sale

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

RUSSELL RISE, LU1 5ES Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £122,660 median price is £118,500 Standard Deviation is £72,900 with Total Sold: 2,671
    • The Last 5 Year average price is £236,563 with Total Sold: 287
    • 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 £93,447 median price is £82,000 Standard Deviation is £50,612 with Total Sold: 2,215
    • The Last 5 Year average price is £141,940 with Total Sold: 275
    • 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 £156,100 median price is £142,000 Standard Deviation is £95,702 with Total Sold: 1,091
    • The Last 5 Year average price is £291,040 with Total Sold: 129
    • 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 £453,706 median price is £64,950 Standard Deviation is £2,321,440 with Total Sold: 469
    • The Last 5 Year average price is £1,130,030 with Total Sold: 110
    • 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 £283,727 median price is £255,000 Standard Deviation is £155,747 with Total Sold: 229
    • The Last 5 Year average price is £473,380 with Total Sold: 47
    • 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£240,385 £3,443 13
2023£246,153 £3,348 46
2022£263,260 £3,329 52
2021£234,418 £3,100 76
2020£239,567 £2,874 36
2019£208,062 £2,731 64
2018£217,874 £2,986 79
2017£220,336 £3,034 83
2016£201,170 £2,760 76
2015£174,063 £2,335 79
2014£145,116 £2,046 74
2013£128,376 £1,885 47
2012£128,680 £1,703 36
2011£136,084 £1,784 42
2010£125,635 £1,753 52
2009£124,959 £1,656 44
2008£151,937 £2,125 57
2007£154,903 £2,040 113
2006£139,221 £1,816 142
2005£128,676 £1,815 111
2004£133,391 £1,756 142
2003£113,439 £1,599 144
2002£88,458 £1,264 164
2001£69,924 £974 150
2000£64,006 £878 155
1999£51,173 £719 150
1998£46,367 £661 134
1997£40,440 £557 119
1996£35,827 £495 110
1995£36,877 £522 81
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,958 £2,931 20
2023£131,441 £2,657 48
2022£153,008 £2,971 53
2021£140,888 £2,925 50
2020£128,568 £2,805 30
2019£152,626 £3,162 74
2018£113,440 £3,269 212
2017£88,422 £2,759 255
2016£107,657 £2,632 82
2015£101,909 £2,235 82
2014£83,254 £1,840 63
2013£76,466 £1,640 31
2012£68,206 £1,539 34
2011£76,798 £1,720 22
2010£94,136 £2,120 33
2009£94,163 £2,040 15
2008£102,436 £2,699 63
2007£143,491 £2,980 259
2006£102,401 £2,418 81
2005£89,477 £2,052 68
2004£89,338 £2,131 66
2003£76,089 £1,702 89
2002£55,168 £1,414 90
2001£46,443 £1,168 76
2000£39,254 £909 81
1999£30,789 £659 63
1998£23,329 £567 62
1997£22,238 £491 43
1996£18,796 £490 37
1995£19,718 £521 33
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,35010
2023£306,317 £3,378 21
2022£301,309 £3,701 26
2021£302,879 £3,457 29
2020£258,929 £3,084 21
2019£274,227 £2,747 22
2018£258,925 £2,996 20
2017£292,634 £3,109 41
2016£258,783 £3,072 30
2015£202,380 £2,278 25
2014£183,066 £1,926 30
2013£161,368 £1,933 19
2012£197,706 £2,053 17
2011£194,167 £1,907 21
2010£156,438 £1,920 16
2009£161,031 £1,776 16
2008£186,793 £2,038 29
2007£176,483 £2,112 62
2006£162,394 £1,931 58
2005£145,233 £1,649 54
2004£152,813 £1,863 70
2003£137,098 £1,648 61
2002£109,591 £1,378 68
2001£91,265 £1,069 58
2000£77,010 £1,045 57
1999£65,013 £765 59
1998£60,397 £686 53
1997£52,342 £650 40
1996£47,248 £580 28
1995£47,240 £575 30
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,0005
2023£209,441 £3,095 36
2022£726,268 £3,833 16
2021£518,639 £4,807 23
2020£248,650 £7,329 10
2019£4,426,399 £1,742 20
2018£454,148 £1,374 86
2017£93,490 £2,734 94
2016£154,707 £676 155
2015£545,868 £2,393 13
2014£753,222 £1,947 9
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£451,091 £3,895 11
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£254,250 £2,712 4
2015£333,427 £2,637 7
2014£328,050 £2,402 10
2013£346,875 £2,781 4
2012£349,333 £2,169 6
2011£265,333 £2,391 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£317,389 £1,633 9
2005£257,292 £1,746 12
2004£252,455 £3,601 11
2003£209,958 £1,686 10
2002£163,857 £1,389 14
2001£155,111 £1,492 9
2000£141,125 £1,189 8
1999£132,545 £1,094 10
1998£100,450 £1,024 10
1997£145,571 £873 7
1996£111,625 £717 4
1995£95,062 £749 8

House Type in LU1 5ES area

The most common house types in the LU1 5ES postcode area are Flat (67), Terraced (57), and Semi-detached (33).

Total181
Flat67
Terraced57
Semi-detached33
Shared house15
Detached7
converted building2
commercial 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 (115), and Owned: Owns outright (31).

Private rented: Private landlord or letting agency115
Owned: Owns outright31
Owned: Owns with a mortgage or loan22
Social rented: Other social rented5
Private rented: Other private rented5
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LU1 5ES have 2 people in household (68), and 1 person in household (57).

2 people in household68
1 person in household57
3 people in household19
4 people in household18
5 people in household12
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0