Housing Market Analysis for MEYRICK AVENUE, LU1 5JP

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

Overview of Sold House prices

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

Flat
- The average price is around £56,763 median price is £45,500 Standard Deviation is £27,290 with Total Sold: 24
- The most recent sale happened at this postcode is 3, MEYRICK COURT MEYRICK AVENUE: £120,000 (Sold on 28 Aug 2018)
- The first recorded sale happened at this postcode is 11, MEYRICK COURT MEYRICK AVENUE: £19,700 (Sold on 02 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5JP 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
2018	£120,000	£3,333	1
2012	£91,000	£1,717	1
2007	£99,995	£2,000	1
2005	£92,500	£1,850	2
2004	£83,627	£1,673	1
2003	£76,498	£2,030	2
2002	£59,000	£1,180	1
2001	£46,500	£1,015	4
2000	£40,784	£853	7
1999	£33,000	£660	1
1998	£27,500	£519	1
1997	£19,350	£461	2

All the Sales in the MEYRICK AVENUE, LU1 5JP

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

Address	Sold Date	Price	% Change
3, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 36 Sq.mtrAge: 1950-1966	28 Aug 2018	£120,000	531.58%
	10 Jun 1997	£19,000	First Sale
14, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 53 Sq.mtrAge: 1950-1966	16 Nov 2012	£91,000	116.69%
	09 Jun 2000	£41,995	52.71%
	22 May 1998	£27,500	First Sale
15, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	27 Feb 2007	£99,995	First Sale
7, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	12 Aug 2005	£95,000	102.13%
	01 Dec 2000	£47,000	42.42%
	15 Oct 1999	£33,000	First Sale
5, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	20 Apr 2005	£90,000	First Sale
10, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	01 Apr 2004	£83,627	First Sale
1, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 30 Sq.mtrAge: 1967-1975	19 Dec 2003	£74,995	First Sale
9, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	30 May 2003	£78,000	97.47%
	25 Aug 2000	£39,500	First Sale
8, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	16 Apr 2002	£59,000	31.11%
	18 Oct 2001	£45,000	4.66%
	18 Aug 2000	£42,995	First Sale
6, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	22 Nov 2001	£58,000	52.63%
	26 May 2000	£38,000	First Sale
2, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 34.28 Sq.mtrAge: 1967-1975	20 Apr 2001	£37,000	8.82%
	15 Sep 2000	£34,000	First Sale
16, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	19 Apr 2001	£46,000	First Sale
12, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	17 Aug 2000	£41,995	First Sale
11, MEYRICK COURT MEYRICK AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	02 Jun 1997	£19,700	First Sale

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

MEYRICK AVENUE, LU1 5JP Near By properties

Interactive Map

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

Terraced
- The average price is around £125,312 median price is £120,000 Standard Deviation is £76,031 with Total Sold: 2,188
- The Last 5 Year average price is £247,428 with Total Sold: 247
- 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 £83,976 median price is £77,000 Standard Deviation is £44,655 with Total Sold: 2,383
- The Last 5 Year average price is £130,116 with Total Sold: 279
- 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)
Semi-Detached
- The average price is around £152,439 median price is £142,750 Standard Deviation is £91,310 with Total Sold: 1,172
- The Last 5 Year average price is £289,342 with Total Sold: 135
- 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)
Detached
- The average price is around £246,454 median price is £228,000 Standard Deviation is £152,968 with Total Sold: 156
- The Last 5 Year average price is £458,649 with Total Sold: 33
- 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)
Other
- The average price is around £308,956 median price is £64,950 Standard Deviation is £1,142,660 with Total Sold: 446
- The Last 5 Year average price is £682,377 with Total Sold: 101
- 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)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£278,611	£3,403	9
2023	£266,921	£3,562	44
2022	£274,764	£3,377	45
2021	£241,114	£3,126	65
2020	£233,177	£2,874	31
2019	£218,821	£2,687	53
2018	£217,828	£2,915	58
2017	£229,597	£3,042	68
2016	£211,906	£2,677	57
2015	£177,020	£2,368	72
2014	£147,545	£2,113	64
2013	£132,286	£1,958	39
2012	£134,227	£1,740	33
2011	£131,293	£1,804	36
2010	£127,900	£1,720	35
2009	£126,329	£1,574	28
2008	£148,778	£2,137	41
2007	£153,145	£1,939	96
2006	£141,518	£1,852	109
2005	£131,059	£1,836	93
2004	£135,204	£1,726	118
2003	£114,543	£1,569	119
2002	£89,423	£1,258	131
2001	£70,594	£983	123
2000	£62,235	£882	139
1999	£53,380	£711	120
1998	£46,551	£650	102
1997	£40,555	£543	100
1996	£37,272	£510	99
1995	£37,339	£543	61

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£118,626	£2,908	21
2023	£124,085	£2,545	46
2022	£142,059	£2,917	61
2021	£130,440	£2,884	42
2020	£117,751	£2,580	45
2019	£135,317	£3,009	64
2018	£108,998	£3,227	202
2017	£86,655	£2,654	250
2016	£101,861	£2,492	96
2015	£100,138	£2,244	108
2014	£75,652	£1,674	66
2013	£71,305	£1,518	32
2012	£63,778	£1,523	36
2011	£69,478	£1,490	32
2010	£81,569	£1,862	29
2009	£90,437	£1,748	8
2008	£99,764	£2,711	69
2007	£119,389	£2,942	157
2006	£101,896	£2,440	96
2005	£92,833	£1,997	94
2004	£88,200	£2,001	99
2003	£74,012	£1,700	97
2002	£57,088	£1,399	118
2001	£54,705	£1,250	144
2000	£37,245	£797	87
1999	£30,171	£639	67
1998	£24,078	£522	80
1997	£21,607	£471	56
1996	£18,735	£459	44
1995	£20,843	£519	37

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£316,562	£3,182	8
2023	£309,504	£3,838	18
2022	£300,634	£3,792	30
2021	£311,333	£3,421	33
2020	£253,482	£3,332	22
2019	£253,667	£2,824	24
2018	£251,474	£3,013	19
2017	£293,114	£3,173	44
2016	£255,468	£3,000	39
2015	£194,462	£2,250	26
2014	£165,363	£1,894	22
2013	£160,762	£2,098	21
2012	£170,250	£1,906	16
2011	£149,658	£1,859	19
2010	£156,667	£1,806	18
2009	£158,809	£1,793	21
2008	£183,034	£2,056	29
2007	£182,155	£2,292	64
2006	£159,795	£2,105	58
2005	£146,954	£1,621	55
2004	£159,730	£1,760	82
2003	£133,982	£1,651	57
2002	£112,177	£1,535	77
2001	£92,672	£1,162	70
2000	£76,275	£975	64
1999	£66,019	£787	65
1998	£59,117	£721	53
1997	£49,596	£643	47
1996	£46,879	£656	33
1995	£47,526	£629	38

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£637,500		2
2023	£481,548	£3,763	14
2022	£421,250	£4,271	3
2021	£416,667	£3,568	6
2019	£419,375	£2,801	8
2018	£355,000	£3,944	1
2017	£334,167	£3,461	6
2016	£288,500	£2,403	2
2015	£250,998	£2,100	4
2014	£208,333	£2,566	3
2012	£367,500		1
2011	£232,500	£2,394	4
2010	£283,125	£2,124	4
2009	£293,333	£1,683	3
2008	£325,000		1
2007	£253,833	£2,598	6
2006	£251,583	£1,938	6
2005	£201,500	£2,364	11
2004	£261,333	£5,339	9
2003	£190,287	£1,430	9
2002	£145,428	£1,419	14
2001	£107,000	£1,240	5
2000	£109,300	£1,106	5
1999	£83,088	£866	8
1998	£97,000	£1,200	7
1997	£108,588	£617	8
1996	£97,250	£894	4
1995	£39,000	£340	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,000		5
2023	£227,834	£3,304	37
2022	£854,134	£3,833	17
2021	£684,036	£3,117	19
2020	£616,667	£8,900	9
2019	£1,845,590	£1,718	14
2018	£224,550	£1,374	79
2017	£113,653	£5,107	92
2016	£147,649		149
2015	£753,752	£2,393	15
2014	£787,556	£5,394	9
2013	£285,000		1

House Type in LU1 5JP area

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

Total	134
Terraced	56
Flat	31
Semi-detached	25
Shared house	11
Detached	9
converted building	1
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 (84), and Owned: Owns outright (16).

Private rented: Private landlord or letting agency	84
Owned: Owns outright	16
Owned: Owns with a mortgage or loan	16
Social rented: Other social rented	7
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	3
Lives rent free	2
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

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

1 person in household	33
2 people in household	30
4 people in household	28
3 people in household	25
5 people in household	8
6 people in household	5
7 people in household	5
0 people in household	0
8 or more people in household	0