Housing Market Analysis for RUSSELL RISE, LU1 5EU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £118,846 median price is £123,750 Standard Deviation is £67,120 with Total Sold: 29
    • The Last 5 Year average price is £211,667 with Total Sold: 6
    • The most recent sale happened at this postcode is 4 RUSSELL RISE: £225,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is 6 RUSSELL RISE: £38,800 (Sold on 29 Mar 1995)
  • Other
    • The average price is around £515,000 median price is £515,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £515,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 RUSSELL RISE: £515,000 (Sold on 06 Dec 2021)
    • The first recorded sale happened at this postcode is 2 RUSSELL RISE: £515,000 (Sold on 06 Dec 2021)
  • Semi-Detached
    • The average price is around £156,333 median price is £144,000 Standard Deviation is £47,752 with Total Sold: 3
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 RUSSELL RISE: £220,000 (Sold on 19 Mar 2020)
    • The first recorded sale happened at this postcode is 20 RUSSELL RISE: £105,000 (Sold on 17 Nov 2004)
  • Detached
    • The average price is around £377,500 median price is £377,500 Standard Deviation is £37,500 with Total Sold: 2
    • The Last 5 Year average price is £415,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 RUSSELL RISE: £415,000 (Sold on 10 Dec 2019)
    • The first recorded sale happened at this postcode is FLAT 9, 2 RUSSELL RISE: £340,000 (Sold on 11 Sep 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5EU 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
2023£212,500 £2,530 2
2021£255,000 £3,632 1
2019£196,667 £2,576 3
2017£208,000 £2,746 1
2015£155,000 £2,046 1
2012£165,000 £2,350 1
2011£135,000 £1,782 1
2007£153,332 £2,011 3
2004£130,000 £1,884 1
2003£121,375 £1,744 2
2002£72,500 £1,169 1
2001£72,500 £863 1
2000£58,199 £725 5
1999£43,000 £507 2
1997£40,000 £505 3
1995£38,800 £504 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£515,000 £2,784 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£220,000 £3,548 1
2006£144,000 £2,323 1
2004£105,000 £1,694 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£415,000 £2,243 1
2007£340,0001

All the Sales in the RUSSELL RISE, LU1 5EU

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

AddressSold DatePrice% Change
4 RUSSELL RISETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192931 May 2023£225,00012.50%
27 Mar 2023£200,00038.89%
10 Dec 2007£144,00098.62%
22 Jun 2001£72,50059.34%
05 Dec 1997£45,500111.63%
12 Aug 1997£21,500First Sale
2 RUSSELL RISEOther, FreeholdArea: 185 Sq.mtrAge: 1900-192906 Dec 2021£515,00024.10%
10 Dec 2019£415,000First Sale
18 RUSSELL RISETerraced, FreeholdArea: 70.2 Sq.mtrAge: 1900-192923 Apr 2021£255,00054.55%
23 Mar 2012£165,00033.33%
31 Oct 2003£123,750First Sale
20 RUSSELL RISESemi-Detached, FreeholdArea: 62 Sq.mtrAge: before 190019 Mar 2020£220,00052.78%
07 Sep 2006£144,00037.14%
17 Nov 2004£105,00044.83%
17 Apr 2002£72,500First Sale
8 RUSSELL RISETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-192922 Nov 2019£190,000First Sale
6 RUSSELL RISETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192908 Feb 2019£190,000389.69%
29 Mar 1995£38,800First Sale
14 RUSSELL RISETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192911 Jan 2019£210,000First Sale
24 RUSSELL RISETerraced, FreeholdArea: 75.75 Sq.mtrAge: 1930-194915 Sep 2017£208,00034.19%
22 May 2015£155,00014.81%
30 Mar 2011£135,000First Sale
FLAT 9, 2 RUSSELL RISEDetached, Freehold11 Sep 2007£340,000First Sale
16 RUSSELL RISETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-192907 Sep 2007£156,000254.55%
05 Feb 1999£44,000First Sale
28 RUSSELL RISETerraced, FreeholdArea: 69 Sq.mtrAge: 1900-192917 Aug 2007£159,99523.07%
09 Aug 2004£130,0009.24%
09 Dec 2003£119,000116.36%
21 Nov 2000£55,00026.44%
24 Mar 2000£43,500First Sale
30 RUSSELL RISETerraced, FreeholdArea: 93.37 Sq.mtrAge: 1900-192918 May 2000£74,50077.38%
17 Jun 1999£42,000First Sale
22 RUSSELL RISETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192931 Mar 2000£54,995First Sale
12 RUSSELL RISETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-194914 Feb 2000£63,00018.87%
27 Jun 1997£53,000First Sale

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

RUSSELL RISE, LU1 5EU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £121,804 median price is £117,500 Standard Deviation is £72,768 with Total Sold: 2,577
    • The Last 5 Year average price is £234,883 with Total Sold: 276
    • 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 £94,143 median price is £82,950 Standard Deviation is £51,718 with Total Sold: 2,224
    • The Last 5 Year average price is £143,780 with Total Sold: 286
    • 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 £154,270 median price is £139,500 Standard Deviation is £97,233 with Total Sold: 945
    • The Last 5 Year average price is £287,019 with Total Sold: 114
    • 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 £498,185 median price is £67,300 Standard Deviation is £2,289,784 with Total Sold: 496
    • The Last 5 Year average price is £1,129,068 with Total Sold: 121
    • 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 £287,343 median price is £268,000 Standard Deviation is £154,773 with Total Sold: 227
    • 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£237,917 £3,443 12
2023£245,490 £3,348 47
2022£261,010 £3,302 49
2021£232,682 £3,088 73
2020£237,777 £2,842 34
2019£206,148 £2,705 61
2018£216,237 £2,960 76
2017£219,323 £3,029 80
2016£199,850 £2,744 74
2015£173,145 £2,333 76
2014£144,814 £2,049 72
2013£129,525 £1,885 45
2012£128,071 £1,695 35
2011£136,013 £1,783 40
2010£124,224 £1,741 49
2009£124,005 £1,654 39
2008£151,937 £2,125 57
2007£153,533 £2,041 107
2006£139,427 £1,814 139
2005£128,248 £1,827 105
2004£133,143 £1,756 136
2003£112,632 £1,596 138
2002£88,273 £1,266 160
2001£69,529 £973 144
2000£63,476 £879 148
1999£50,820 £722 144
1998£46,093 £659 131
1997£40,338 £557 115
1996£35,754 £493 110
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£143,706 £3,103 39
2019£153,084 £3,183 76
2018£113,440 £3,269 212
2017£89,776 £2,917 256
2016£107,657 £2,632 82
2015£99,957 £2,215 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£89,275 £2,052 67
2004£92,823 £2,138 66
2003£76,089 £1,702 89
2002£55,170 £1,424 89
2001£46,443 £1,168 75
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£299,4297
2023£315,404 £3,319 19
2022£287,675 £3,663 23
2021£294,180 £3,379 25
2020£257,125 £3,056 20
2019£275,900 £2,702 20
2018£256,088 £2,882 17
2017£297,786 £3,117 35
2016£257,917 £3,056 24
2015£202,435 £2,261 23
2014£181,869 £1,847 23
2013£157,400 £1,806 15
2012£204,708 £2,062 12
2011£198,781 £1,855 16
2010£148,136 £1,963 11
2009£162,107 £1,789 14
2008£186,462 £2,020 26
2007£174,645 £2,100 53
2006£160,941 £1,929 54
2005£147,012 £1,674 51
2004£150,524 £1,875 61
2003£136,765 £1,644 49
2002£107,604 £1,388 60
2001£89,252 £1,069 47
2000£77,464 £1,070 52
1999£64,370 £752 52
1998£60,115 £680 48
1997£51,019 £636 37
1996£46,598 £593 25
1995£47,027 £576 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£421,6676
2023£284,602 £3,095 38
2022£848,252 £3,833 17
2021£494,006 £4,807 25
2020£430,500 £7,329 13
2019£4,132,067 £1,742 22
2018£471,241 £1,402 86
2017£185,290 £2,734 97
2016£156,727 £676 159
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£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£351,332 £2,825 6
2014£340,056 £2,416 9
2013£346,875 £2,781 4
2012£349,333 £2,169 6
2011£276,400 £2,394 5
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£266,654 £1,746 13
2004£256,250 £3,601 12
2003£218,144 £1,686 11
2002£163,857 £1,389 14
2001£155,111 £1,492 9
2000£150,786 £1,189 7
1999£132,545 £1,094 10
1998£101,056 £990 9
1997£145,571 £873 7
1996£136,875 £628 4
1995£95,062 £749 8

House Type in LU1 5EU area

The most common house types in the LU1 5EU postcode area are Flat (64), Terraced (29), and Semi-detached (19).

Total131
Flat64
Terraced29
Semi-detached19
Shared house9
converted building5
Detached4
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (89), and Owned: Owns with a mortgage or loan (21).

Private rented: Private landlord or letting agency89
Owned: Owns with a mortgage or loan21
Social rented: Rents from council or Local Authority15
Social rented: Other social rented6
Does not apply0
Owned: Owns outright0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LU1 5EU have 1 person in household (53), and 2 people in household (34).

1 person in household53
2 people in household34
3 people in household17
4 people in household17
5 people in household10
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0