Housing Market Analysis for RUSSELL RISE, LU1 5ET

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

Overview of Sold House prices

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

Flat
- The average price is around £67,923 median price is £62,500 Standard Deviation is £42,206 with Total Sold: 29
- The Last 5 Year average price is £170,000 with Total Sold: 1
- The most recent sale happened at this postcode is 49B RUSSELL RISE: £170,000 (Sold on 20 Jul 2023)
- The first recorded sale happened at this postcode is FLAT 2, 47 RUSSELL RISE: £8,500 (Sold on 11 Dec 1996)
Terraced
- The average price is around £140,303 median price is £132,000 Standard Deviation is £78,093 with Total Sold: 28
- The Last 5 Year average price is £243,225 with Total Sold: 4
- The most recent sale happened at this postcode is 87 RUSSELL RISE: £220,000 (Sold on 16 Jul 2021)
- The first recorded sale happened at this postcode is 91 RUSSELL RISE: £34,000 (Sold on 20 Dec 1995)
Semi-Detached
- The average price is around £135,904 median price is £145,000 Standard Deviation is £71,765 with Total Sold: 23
- The Last 5 Year average price is £247,500 with Total Sold: 2
- The most recent sale happened at this postcode is 95 RUSSELL RISE: £210,000 (Sold on 22 Aug 2019)
- The first recorded sale happened at this postcode is 69 RUSSELL RISE: £28,000 (Sold on 26 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5ET 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£170,000	£4,885	1
2017	£133,500	£2,567	1
2015	£103,250	£2,099	2
2014	£90,500	£2,207	1
2013	£76,000	£1,854	1
2012	£75,000	£1,312	1
2011	£62,500	£1,166	1
2008	£102,500	£1,971	2
2007	£119,332	£2,725	3
2003	£73,000	£1,544	2
2002	£36,500	£1,047	2
2001	£38,054	£1,018	5
2000	£37,000	£1,008	4
1999	£16,500		1
1998	£10,500		1
1996	£8,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£234,300	£1,971	3
2019	£270,000	£2,328	1
2018	£255,000	£1,835	1
2017	£270,000	£2,368	1
2016	£245,000	£2,882	1
2011	£109,600	£952	1
2009	£130,000	£1,221	1
2008	£140,000		1
2007	£167,500	£1,491	2
2006	£127,332	£1,323	3
2004	£134,000	£1,576	1
2003	£163,000	£1,455	1
2002	£109,998	£1,042	3
2000	£73,500	£698	3
1999	£60,833	£778	3
1996	£25,000	£463	1
1995	£34,000	£274	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£247,500	£2,099	2
2017	£275,000	£2,989	1
2015	£197,500	£2,011	2
2014	£150,500	£1,527	2
2009	£130,000	£1,188	1
2008	£150,000	£1,374	1
2006	£150,000	£1,402	1
2004	£122,000	£976	1
2003	£152,625	£1,541	4
2002	£79,000	£1,217	2
2001	£93,750	£871	2
2000	£55,800	£1,860	1
1997	£34,000	£489	2
1996	£28,000	£314	1

All the Sales in the RUSSELL RISE, LU1 5ET

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

Address	Sold Date	Price	% Change
49B RUSSELL RISEFlat, LeaseholdArea: 34.8 Sq.mtrAge: 1930-1949	20 Jul 2023	£170,000	51.79%
	07 Dec 2007	£112,000	116.34%
	06 Nov 2001	£51,770	First Sale
87 RUSSELL RISETerraced, FreeholdArea: 115.14 Sq.mtrAge: 1900-1929	16 Jul 2021	£220,000	100.73%
	15 Nov 2011	£109,600	First Sale
89 RUSSELL RISETerraced, FreeholdArea: 114 Sq.mtrAge: 1900-1929	25 Jun 2021	£335,000	24.07%
	07 Jun 2017	£270,000	306.02%
	15 Mar 2000	£66,500	First Sale
111 RUSSELL RISETerraced, FreeholdArea: 139 Sq.mtrAge: 1967-1975	29 Jan 2021	£147,901	-42.00%
	21 Aug 2018	£255,000	First Sale
95 RUSSELL RISESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1900-1929	22 Aug 2019	£210,000	40.00%
	01 Jul 2006	£150,000	First Sale
59 RUSSELL RISESemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1900-1929	07 May 2019	£285,000	96.55%
	29 Aug 2014	£145,000	First Sale
109 RUSSELL RISETerraced, FreeholdArea: 116 Sq.mtrAge: 1967-1975	28 Feb 2019	£270,000	58.83%
	31 Jul 2006	£169,995	25.92%
	21 Apr 2006	£135,000	First Sale
65A RUSSELL RISEFlat, LeaseholdArea: 52 Sq.mtrAge: before 1900	14 Jul 2017	£133,500	6.80%
	27 Oct 2008	£125,000	56.25%
	19 May 2008	£80,000	4.58%
	27 Mar 2003	£76,500	56.12%
	20 Oct 2000	£49,000	First Sale
83 RUSSELL RISESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1900-1929	12 May 2017	£275,000	83.33%
	28 Nov 2008	£150,000	First Sale
105 RUSSELL RISETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	29 Mar 2016	£245,000	First Sale
97 RUSSELL RISESemi-Detached, FreeholdArea: 84.08 Sq.mtrAge: 1930-1949	15 Sep 2015	£205,000	31.41%
	21 Nov 2014	£156,000	-8.24%
	22 Jan 2007	£170,000	36.00%
	20 Dec 2002	£125,000	19.05%
	27 Sep 2002	£105,000	First Sale
65B RUSSELL RISEFlat, LeaseholdArea: 57.16 Sq.mtrAge: 1900-1929	14 Apr 2015	£105,000	40.00%
	28 Nov 2012	£75,000	57.89%
	22 Aug 2001	£47,500	First Sale
43 RUSSELL RISESemi-Detached, FreeholdArea: 120 Sq.mtrAge: before 1900	31 Mar 2015	£190,000	First Sale
73A RUSSELL RISEFlat, LeaseholdArea: 43 Sq.mtrAge: 1900-1929	23 Jan 2015	£101,500	First Sale
73B RUSSELL RISEFlat, LeaseholdArea: 41 Sq.mtrAge: 1900-1929	10 Oct 2014	£90,500	19.08%
	05 Apr 2013	£76,000	100.00%
	22 Aug 2001	£38,000	First Sale
91 RUSSELL RISEFlat, LeaseholdArea: 53.59 Sq.mtrAge: 1900-1929	07 Mar 2011	£62,500	-62.12%
	19 Jul 2007	£165,000	385.29%
	20 Dec 1995	£34,000	First Sale
61 RUSSELL RISETerraced, FreeholdArea: 106.48 Sq.mtrAge: 1930-1949	13 May 2009	£130,000	-20.25%
	10 Sep 2003	£163,000	63.01%
	19 Feb 2002	£99,995	First Sale
67 RUSSELL RISESemi-Detached, FreeholdArea: 109.47 Sq.mtrAge: 1900-1929	31 Mar 2009	£130,000	-22.39%
	05 Sep 2003	£167,500	71.79%
	03 Aug 2001	£97,500	First Sale
107 RUSSELL RISETerraced, Freehold	12 Nov 2008	£140,000	115.38%
107 RUSSELL RISETerraced, Freehold	23 Jul 1999	£65,000	First Sale
75A RUSSELL RISEFlat, LeaseholdArea: 43 Sq.mtrAge: 1900-1929	15 Oct 2007	£96,000	38.13%
	20 Jun 2003	£69,500	54.44%
	05 Jul 2002	£45,000	First Sale
91A RUSSELL RISEFlat, Leasehold	24 Sep 2007	£149,995	First Sale
50B RUSSELL RISETerraced, FreeholdArea: 54 Sq.mtrAge: 1900-1929	04 Nov 2006	£77,000	208.00%
	21 Jun 1996	£25,000	First Sale
41 RUSSELL RISETerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	08 Apr 2004	£134,000	First Sale
57 RUSSELL RISESemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1900-1929	27 Feb 2004	£122,000	First Sale
115 RUSSELL RISESemi-Detached, Freehold	13 Nov 2003	£75,000	First Sale
51 RUSSELL RISESemi-Detached, Freehold	14 Apr 2003	£168,000	First Sale
47 RUSSELL RISESemi-Detached, Freehold	02 Apr 2003	£200,000	First Sale
39 RUSSELL RISESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1900-1929	15 Nov 2002	£120,000	First Sale
53C RUSSELL RISESemi-Detached, LeaseholdArea: 36 Sq.mtrAge: before 1900	10 Jun 2002	£38,000	105.41%
	10 Mar 1997	£18,500	First Sale
FLAT 2, 47 RUSSELL RISEFlat, Leasehold	15 Apr 2002	£28,000	0.0
	20 Aug 2001	£28,000	229.41%
	11 Dec 1996	£8,500	First Sale
93 RUSSELL RISESemi-Detached, FreeholdArea: 106.5 Sq.mtrAge: 1930-1949	19 Oct 2001	£90,000	81.82%
	06 May 1997	£49,500	First Sale
53A RUSSELL RISEFlat, LeaseholdArea: 28 Sq.mtrAge: 1930-1949	31 Jul 2001	£25,000	First Sale
99 RUSSELL RISETerraced, FreeholdArea: 112 Sq.mtrAge: 1900-1929	25 Aug 2000	£75,000	First Sale
FLAT 3, 45 RUSSELL RISEFlat, LeaseholdArea: 37 Sq.mtrAge: 1900-1929	21 Jun 2000	£40,000	First Sale
FLAT 4, 45 RUSSELL RISEFlat, LeaseholdArea: 29.05 Sq.mtrAge: 1930-1949	31 May 2000	£38,000	First Sale
77 RUSSELL RISETerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	28 Apr 2000	£79,000	5.33%
	12 Nov 1999	£75,000	First Sale
55B RUSSELL RISEFlat, LeaseholdArea: 30 Sq.mtrAge: before 1900	22 Feb 2000	£21,000	-62.37%
	22 Feb 2000	£55,800	First Sale
49A RUSSELL RISETerraced, LeaseholdArea: 56 Sq.mtrAge: 1900-1929	10 Dec 1999	£42,500	First Sale
53D RUSSELL RISEFlat, Leasehold	15 Feb 1999	£16,500	First Sale
FLAT 2, 45 RUSSELL RISEFlat, Leasehold	03 Feb 1998	£10,500	First Sale
69 RUSSELL RISESemi-Detached, FreeholdArea: 89.24 Sq.mtrAge: 1930-1949	26 Jan 1996	£28,000	First Sale

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

RUSSELL RISE, LU1 5ET Near By properties

Interactive Map

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

Terraced
- The average price is around £124,173 median price is £119,000 Standard Deviation is £74,461 with Total Sold: 2,449
- The Last 5 Year average price is £240,361 with Total Sold: 268
- 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 £92,077 median price is £82,000 Standard Deviation is £48,471 with Total Sold: 2,185
- The Last 5 Year average price is £137,007 with Total Sold: 280
- 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 £157,883 median price is £145,000 Standard Deviation is £94,617 with Total Sold: 1,158
- The Last 5 Year average price is £294,143 with Total Sold: 138
- The most recent sale happened at this postcode is , 28 THE CROSSWAY: £340,000 (Sold on 19 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 £289,325 median price is £64,950 Standard Deviation is £1,150,748 with Total Sold: 425
- The Last 5 Year average price is £647,746 with Total Sold: 88
- 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 , 14 CARDIFF ROAD: £2,250,000 (Sold on 22 Apr 2014)
Detached
- The average price is around £275,254 median price is £250,000 Standard Deviation is £158,995 with Total Sold: 239
- The Last 5 Year average price is £472,034 with Total Sold: 48
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,591	£3,226	11
2023	£257,277	£3,494	47
2022	£267,880	£3,356	46
2021	£237,969	£3,131	71
2020	£229,203	£2,960	32
2019	£211,926	£2,742	61
2018	£218,953	£2,969	68
2017	£225,193	£3,074	77
2016	£208,745	£2,651	68
2015	£176,201	£2,373	82
2014	£146,437	£2,083	68
2013	£131,408	£1,984	42
2012	£131,125	£1,712	36
2011	£137,696	£1,793	41
2010	£126,774	£1,676	42
2009	£126,461	£1,637	33
2008	£150,923	£2,073	53
2007	£155,301	£2,048	108
2006	£137,201	£1,841	126
2005	£129,990	£1,834	100
2004	£135,609	£1,769	131
2003	£113,802	£1,609	133
2002	£89,506	£1,264	145
2001	£70,379	£992	132
2000	£63,154	£885	150
1999	£51,573	£705	140
1998	£46,501	£623	120
1997	£40,445	£539	105
1996	£36,790	£502	106
1995	£37,638	£534	75

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,052	£2,931	22
2023	£129,616	£2,626	49
2022	£149,745	£3,000	61
2021	£139,696	£2,933	48
2020	£126,001	£2,870	38
2019	£140,285	£3,057	62
2018	£110,562	£3,257	202
2017	£88,318	£2,744	252
2016	£106,263	£2,606	88
2015	£104,700	£2,375	95
2014	£81,493	£1,790	65
2013	£75,375	£1,643	30
2012	£67,611	£1,606	36
2011	£75,872	£1,685	27
2010	£94,892	£2,123	37
2009	£98,636	£2,104	11
2008	£104,305	£2,757	63
2007	£139,548	£2,761	242
2006	£101,436	£2,513	82
2005	£92,513	£2,008	71
2004	£86,532	£2,129	73
2003	£68,029	£1,704	68
2002	£55,147	£1,494	87
2001	£43,365	£1,141	78
2000	£37,154	£849	70
1999	£29,777	£662	54
1998	£23,941	£558	62
1997	£21,363	£488	45
1996	£18,333	£487	33
1995	£20,366	£530	34

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£320,450		10
2023	£292,088	£3,606	19
2022	£313,751	£3,944	28
2021	£310,886	£3,442	35
2020	£256,977	£3,080	22
2019	£271,583	£2,857	24
2018	£258,565	£3,026	23
2017	£288,262	£3,150	42
2016	£261,694	£3,056	40
2015	£198,196	£2,336	28
2014	£183,107	£1,936	28
2013	£161,700	£2,114	20
2012	£197,861	£2,000	18
2011	£186,604	£1,933	24
2010	£158,676	£1,838	17
2009	£162,444	£1,788	18
2008	£187,241	£2,117	29
2007	£182,727	£2,195	68
2006	£163,869	£2,017	58
2005	£146,241	£1,610	55
2004	£154,553	£1,831	76
2003	£134,120	£1,652	58
2002	£111,536	£1,449	72
2001	£91,820	£1,103	62
2000	£76,235	£986	58
1999	£67,548	£801	62
1998	£62,918	£676	53
1997	£53,106	£642	47
1996	£47,839	£587	31
1995	£47,536	£670	33

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,250		4
2023	£193,173	£3,304	34
2022	£726,268	£3,833	16
2021	£629,913	£3,117	15
2020	£242,750	£7,329	6
2019	£2,077,174	£1,718	13
2018	£202,882	£1,376	77
2017	£97,479	£4,395	92
2016	£165,665		149
2015	£784,885	£2,236	13
2014	£1,080,667	£1,947	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,000		1
2023	£509,419	£2,811	14
2022	£427,750	£4,302	5
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	£388,750	£3,566	8
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	£279,500	£1,907	5
2009	£301,750	£1,722	4
2008	£297,500	£2,030	2
2007	£309,750	£1,884	14
2006	£310,812	£1,664	8
2005	£213,136	£1,879	11
2004	£281,400	£3,742	10
2003	£206,871	£1,686	11
2002	£161,968	£1,411	16
2001	£159,000	£1,409	9
2000	£139,611	£1,189	9
1999	£125,996	£1,212	12
1998	£100,450	£1,024	10
1997	£107,467	£873	9
1996	£101,917	£717	6
1995	£95,062	£749	8

House Type in LU1 5ET area

The most common house types in the LU1 5ET postcode area are Terraced (52), Flat (41), and Shared house (25).

Total	148
Terraced	52
Flat	41
Shared house	25
Semi-detached	21
Detached	5
converted building	3
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (90), and Owned: Owns outright (41).

Private rented: Private landlord or letting agency	90
Owned: Owns outright	41
Owned: Owns with a mortgage or loan	13
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LU1 5ET have 1 person in household (63), and 2 people in household (29).

1 person in household	63
2 people in household	29
3 people in household	25
4 people in household	18
5 people in household	7
7 people in household	3
6 people in household	2
0 people in household	0
8 or more people in household	0