Housing Market Analysis for WESTERN ROAD, LU1 5HY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £321,667 median price is £300,000 Standard Deviation is £166,049 with Total Sold: 3
    • The Last 5 Year average price is £535,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 WESTERN ROAD: £535,000 (Sold on 16 Aug 2019)
    • The first recorded sale happened at this postcode is 1 WESTERN ROAD: £130,000 (Sold on 12 Dec 1997)
  • Terraced
    • The average price is around £20,000 median price is £20,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 WESTERN ROAD: £20,000 (Sold on 28 Oct 1996)
    • The first recorded sale happened at this postcode is 2 WESTERN ROAD: £20,000 (Sold on 28 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5HY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£535,0001
2006£300,0001
1997£130,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£20,0001

All the Sales in the WESTERN ROAD, LU1 5HY

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

AddressSold DatePrice% Change
1 WESTERN ROADDetached, Freehold16 Aug 2019£535,00078.33%
03 Jul 2006£300,000130.77%
12 Dec 1997£130,000First Sale
2 WESTERN ROADTerraced, Freehold28 Oct 1996£20,000First Sale

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

WESTERN ROAD, LU1 5HY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £124,161 median price is £119,000 Standard Deviation is £75,391 with Total Sold: 2,343
    • The Last 5 Year average price is £243,345 with Total Sold: 266
    • 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 , 5 LAWFORD CLOSE: £30,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £90,837 median price is £81,000 Standard Deviation is £50,086 with Total Sold: 2,777
    • The Last 5 Year average price is £137,461 with Total Sold: 357
    • 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 FLAT 53, HILLTOP COURT DOWNS ROAD: £29,995 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £242,918 median price is £220,000 Standard Deviation is £159,434 with Total Sold: 136
    • The Last 5 Year average price is £465,571 with Total Sold: 27
    • The most recent sale happened at this postcode is , 5 ASHBURNHAM ROAD: £835,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 85 FARLEY HILL: £54,000 (Sold on 12 Apr 1995)
  • Semi-Detached
    • The average price is around £149,701 median price is £139,995 Standard Deviation is £90,314 with Total Sold: 1,049
    • The Last 5 Year average price is £282,056 with Total Sold: 117
    • The most recent sale happened at this postcode is , 16 FARLEY HILL: £280,000 (Sold on 16 Jul 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 £481,382 median price is £67,300 Standard Deviation is £1,536,054 with Total Sold: 520
    • The Last 5 Year average price is £862,601 with Total Sold: 128
    • 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 , 94 INKERMAN STREET: £534,000 (Sold on 01 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£268,375 £3,332 12
2023£260,283 £3,477 46
2022£271,370 £3,369 47
2021£239,153 £3,091 68
2020£226,355 £2,896 38
2019£216,691 £2,800 55
2018£215,310 £2,937 63
2017£228,744 £3,030 64
2016£210,513 £2,760 60
2015£174,520 £2,322 78
2014£145,849 £2,103 67
2013£132,169 £1,932 42
2012£134,014 £1,774 35
2011£139,433 £1,799 37
2010£127,579 £1,707 38
2009£128,507 £1,568 28
2008£150,248 £2,272 49
2007£152,949 £1,948 100
2006£142,625 £1,875 123
2005£130,321 £1,865 91
2004£135,156 £1,709 129
2003£114,156 £1,612 126
2002£88,486 £1,249 144
2001£70,963 £966 133
2000£62,239 £871 147
1999£52,481 £708 128
1998£46,677 £639 113
1997£41,695 £556 108
1996£36,920 £511 107
1995£36,731 £529 67
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£124,083 £2,922 26
2023£129,229 £2,685 63
2022£148,002 £2,993 81
2021£141,937 £2,988 51
2020£132,592 £2,793 63
2019£138,709 £3,004 73
2018£110,871 £3,223 214
2017£92,079 £2,921 275
2016£106,305 £2,579 107
2015£101,356 £2,250 119
2014£79,049 £1,730 72
2013£71,243 £1,597 38
2012£66,655 £1,706 42
2011£67,959 £1,453 35
2010£81,129 £1,899 35
2009£85,655 £1,929 16
2008£102,804 £2,681 74
2007£140,414 £2,914 288
2006£101,105 £2,419 102
2005£92,714 £2,025 103
2004£89,297 £2,021 107
2003£77,266 £1,683 117
2002£58,078 £1,423 126
2001£54,270 £1,247 148
2000£37,935 £827 96
1999£30,827 £664 78
1998£24,966 £521 81
1997£21,915 £475 59
1996£18,518 £458 47
1995£20,092 £508 41
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£835,0001
2023£481,548 £3,763 14
2022£419,375 £4,121 2
2021£416,000 £3,697 5
2020£270,0001
2019£451,250 £1,924 4
2018£355,000 £3,944 1
2017£296,000 £3,446 4
2016£161,000 £3,226 2
2015£217,000 £1,850 2
2014£187,500 £2,505 2
2012£367,5001
2011£233,333 £2,372 3
2010£243,333 £2,098 3
2009£287,500 £1,683 2
2008£325,0001
2007£260,857 £2,598 7
2006£244,083 £1,938 6
2005£220,200 £2,364 10
2004£267,500 £5,339 8
2003£226,871 £1,430 11
2002£138,416 £1,505 12
2001£123,833 £1,240 3
2000£109,300 £1,106 5
1999£92,189 £866 9
1998£91,167 £1,284 6
1997£109,6405
1996£97,250 £894 4
1995£39,000 £340 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,357 £3,182 7
2023£297,879 £3,776 16
2022£274,458 £3,447 23
2021£314,129 £3,436 31
2020£249,658 £3,362 19
2019£255,524 £2,807 21
2018£253,812 £2,963 16
2017£299,263 £3,185 38
2016£247,028 £3,022 27
2015£193,375 £2,275 24
2014£164,235 £1,920 17
2013£155,028 £1,901 18
2012£175,318 £1,896 11
2011£165,711 £1,859 19
2010£154,235 £1,774 17
2009£158,737 £1,788 19
2008£173,741 £1,981 27
2007£178,787 £2,394 59
2006£163,975 £2,188 50
2005£146,750 £1,595 54
2004£159,356 £1,862 81
2003£135,396 £1,683 53
2002£109,608 £1,568 71
2001£91,317 £1,145 68
2000£75,806 £992 53
1999£63,528 £776 63
1998£59,157 £737 52
1997£47,318 £661 37
1996£46,982 £683 28
1995£46,450 £634 30
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£527,5008
2023£582,316 £26,357 41
2022£1,324,870 £3,833 20
2021£605,988 £3,117 26
2020£557,500 £5,931 16
2019£1,832,049 £1,718 17
2018£562,410 £13,403 91
2017£227,481 £4,932 102
2016£190,960 £676 161
2015£1,007,743 £2,393 20
2014£799,145 £5,394 14
2013£858,9164

House Type in LU1 5HY area

The most common house types in the LU1 5HY postcode area are Terraced (56), Flat (31), and Semi-detached (25).

Total134
Terraced56
Flat31
Semi-detached25
Shared house11
Detached9
converted building1
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 (84), and Owned: Owns outright (16).

Private rented: Private landlord or letting agency84
Owned: Owns outright16
Owned: Owns with a mortgage or loan16
Social rented: Other social rented7
Social rented: Rents from council or Local Authority6
Private rented: Other private rented3
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the LU1 5HY have 1 person in household (33), and 2 people in household (30).

1 person in household33
2 people in household30
4 people in household28
3 people in household25
5 people in household8
6 people in household5
7 people in household5
0 people in household0
8 or more people in household0