Housing Market Analysis for LU1 5GG

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    LU1 5GG Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £158,487 median price is £149,500 Standard Deviation is £86,804 with Total Sold: 587
      • The Last 5 Year average price is £295,958 with Total Sold: 86
      • The most recent sale happened at this postcode is , 4 CORNEL CLOSE: £335,000 (Sold on 16 Sep 2024)
      • The first recorded sale happened at this postcode is , 7 MASTERS CLOSE: £49,500 (Sold on 27 Jan 1995)
    • Flat
      • The average price is around £104,158 median price is £96,000 Standard Deviation is £46,609 with Total Sold: 179
      • The Last 5 Year average price is £163,160 with Total Sold: 25
      • The most recent sale happened at this postcode is , 224 WHIPPERLEY RING: £140,000 (Sold on 14 Jun 2024)
      • The first recorded sale happened at this postcode is 6, WULWARDS COURT WULWARDS CLOSE: £29,995 (Sold on 31 Jul 1995)
    • Terraced
      • The average price is around £157,961 median price is £155,000 Standard Deviation is £80,879 with Total Sold: 206
      • The Last 5 Year average price is £279,609 with Total Sold: 32
      • The most recent sale happened at this postcode is , 54 ROTHERAM AVENUE: £330,000 (Sold on 02 Apr 2024)
      • The first recorded sale happened at this postcode is , 111 WHIPPERLEY WAY: £44,000 (Sold on 17 Feb 1995)
    • Detached
      • The average price is around £141,950 median price is £140,000 Standard Deviation is £72,578 with Total Sold: 10
      • The Last 5 Year average price is £325,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 12 PRIESTLEYS: £325,000 (Sold on 01 Jun 2022)
      • The first recorded sale happened at this postcode is , 69 NORTHDRIFT WAY: £50,000 (Sold on 24 Jul 1998)
    • Other
      • The average price is around £228,333 median price is £220,000 Standard Deviation is £173,606 with Total Sold: 3
      • The Last 5 Year average price is £20,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 7 MARKET SQUARE: £20,000 (Sold on 11 Sep 2020)
      • The first recorded sale happened at this postcode is , WHIPPERLEY MEDICAL CENTRE, 311 WHIPPERLEY RING: £220,000 (Sold on 17 Oct 2014)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£350,000 £3,423 7
    2023£326,411 £3,524 14
    2022£304,208 £3,435 12
    2021£302,088 £3,248 17
    2020£273,212 £2,876 17
    2019£263,263 £3,147 19
    2018£276,111 £3,122 18
    2017£266,196 £2,905 24
    2016£220,710 £2,632 19
    2015£188,742 £2,327 18
    2014£185,183 £2,161 38
    2013£146,688 £1,556 8
    2012£155,500 £1,669 11
    2011£152,324 £1,579 10
    2010£146,424 £1,570 17
    2009£150,250 £1,703 18
    2008£165,114 £1,876 11
    2007£163,070 £1,883 24
    2006£146,196 £1,590 23
    2005£145,762 £1,705 24
    2004£130,163 £1,420 28
    2003£126,651 £1,390 41
    2002£90,660 £1,004 24
    2001£80,739 £844 25
    2000£73,612 £787 22
    1999£55,097 £558 25
    1998£50,028 £528 20
    1997£48,181 £501 19
    1996£43,237 £449 18
    1995£42,424 £490 16
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£211,000 £3,721 3
    2023£170,000 £1,954 1
    2022£148,571 £2,643 7
    2021£174,714 £2,597 7
    2020£145,500 £2,367 4
    2019£143,667 £2,557 3
    2018£150,833 £2,647 6
    2017£158,832 £2,756 6
    2016£149,731 £2,356 13
    2015£112,400 £1,893 10
    2014£96,725 £1,650 10
    2013£89,400 £1,473 5
    2012£85,400 £1,394 5
    2011£86,999 £1,484 9
    2010£95,188 £1,544 8
    2009£100,667 £1,424 3
    2008£110,100 £1,816 5
    2007£118,111 £1,903 9
    2006£100,624 £1,830 8
    2005£93,583 £1,636 6
    2004£79,864 £1,423 11
    2003£79,877 £1,411 9
    2002£54,721 £986 9
    2001£51,700 £1,064 5
    2000£41,897 £735 5
    1999£33,800 £531 5
    1998£39,500 £520 2
    1997£26,098 £555 2
    1995£36,998 £463 3
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£315,000 £3,415 3
    2023£326,400 £4,117 5
    2022£340,000 £3,879 2
    2021£265,857 £3,146 7
    2020£267,500 £2,919 7
    2019£244,625 £2,961 8
    2018£245,136 £2,604 11
    2017£236,750 £2,873 6
    2016£253,983 £2,725 3
    2015£183,171 £2,239 19
    2014£168,953 £2,186 17
    2013£151,250 £1,614 4
    2012£133,200 £1,477 5
    2011£140,958 £1,588 6
    2010£146,999 £1,443 4
    2008£144,999 £1,575 4
    2007£161,750 £2,126 10
    2006£152,938 £1,743 8
    2005£126,500 £1,335 9
    2004£130,250 £1,546 8
    2003£122,199 £1,727 5
    2002£89,499 £924 9
    2001£75,443 £911 9
    2000£70,499 £854 7
    1999£56,635 £669 7
    1998£56,874 £690 4
    1997£45,643 £458 7
    1996£45,957 £410 6
    1995£41,125 £543 6
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£325,000 £3,824 1
    2011£118,000 £2,106 1
    2007£169,995 £2,500 1
    2005£167,500 £1,496 1
    2004£146,500 £1,420 2
    2003£140,000 £2,059 1
    2000£92,000 £730 1
    1999£64,000 £941 1
    1998£50,000 £446 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£20,0001
    2016£445,0001
    2014£220,0001

    House Type in LU1 5GG area

    The most common house types in the LU1 5GG postcode area are Semi-detached (103), Terraced (39), and Detached (4).

    Total150
    Semi-detached103
    Terraced39
    Detached4
    Flat3
    Shared house1
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (61), and Social rented: Rents from council or Local Authority (25).

    Owned: Owns with a mortgage or loan61
    Social rented: Rents from council or Local Authority25
    Private rented: Private landlord or letting agency20
    Owned: Owns outright18
    Shared ownership: Shared ownership18
    Social rented: Other social rented9
    Private rented: Other private rented3
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the LU1 5GG have 2 people in household (36), and 4 people in household (33).

    2 people in household36
    4 people in household33
    3 people in household28
    1 person in household23
    5 people in household23
    6 people in household7
    8 or more people in household4
    7 people in household1
    0 people in household0