Housing Market Analysis for RED RAILS, LU1 5ND

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £156,524 median price is £150,000 Standard Deviation is £87,999 with Total Sold: 41
- The Last 5 Year average price is £314,000 with Total Sold: 4
- The most recent sale happened at this postcode is 16 RED RAILS: £375,000 (Sold on 23 Nov 2023)
- The first recorded sale happened at this postcode is 8 RED RAILS: £39,000 (Sold on 17 Nov 1995)
Terraced
- The average price is around £155,000 median price is £155,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 33 RED RAILS: £155,000 (Sold on 22 Dec 2008)
- The first recorded sale happened at this postcode is 33 RED RAILS: £155,000 (Sold on 22 Dec 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5ND 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£357,500	£3,819	2
2021	£266,000	£3,129	1
2020	£275,000	£3,438	1
2018	£250,000	£2,941	1
2017	£265,000	£3,007	3
2016	£265,000	£2,916	3
2014	£171,500	£1,482	2
2013	£161,250	£1,781	2
2011	£70,000		1
2009	£147,000		1
2007	£161,333	£1,865	3
2006	£155,000	£1,914	1
2005	£140,000		1
2004	£147,333	£1,696	3
2003	£129,000	£1,605	4
2001	£75,667	£946	3
2000	£62,667		3
1999	£55,998	£294	2
1997	£47,000	£497	2
1996	£42,000		1
1995	£39,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£155,000	£1,824	1

All the Sales in the RED RAILS, LU1 5ND

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

Address	Sold Date	Price	% Change
16 RED RAILSSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	23 Nov 2023	£375,000	400.00%
	20 Jul 2001	£75,000	First Sale
41 RED RAILSSemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1950-1966	21 Jul 2023	£340,000	601.03%
	03 Oct 1997	£48,500	First Sale
11 RED RAILSSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	03 Feb 2021	£266,000	First Sale
1 RED RAILSSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	02 Mar 2020	£275,000	First Sale
12 RED RAILSSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	30 Apr 2018	£250,000	First Sale
63 RED RAILSSemi-Detached, FreeholdArea: 82.94 Sq.mtrAge: 1950-1966	31 Aug 2017	£265,000	First Sale
47 RED RAILSSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-1975	18 Aug 2017	£270,000	First Sale
7 RED RAILSSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	28 Feb 2017	£260,000	52.94%
	06 Dec 2013	£170,000	First Sale
30 RED RAILSSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	10 Nov 2016	£275,000	First Sale
45 RED RAILSSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	15 Aug 2016	£268,000	489.01%
	07 Feb 1997	£45,500	First Sale
59 RED RAILSSemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1950-1966	24 Mar 2016	£252,000	First Sale
57 RED RAILSSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	21 Nov 2014	£187,000	First Sale
23 RED RAILSSemi-Detached, FreeholdArea: 204 Sq.mtrAge: 1967-1975	31 Jan 2014	£156,000	160.02%
	24 Aug 1999	£59,995	First Sale
18 RED RAILSSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	28 Mar 2013	£152,500	-8.13%
	24 Sep 2007	£166,000	22.06%
	12 May 2004	£136,000	First Sale
55 RED RAILSSemi-Detached, Freehold	24 Mar 2011	£70,000	40.00%
55 RED RAILSSemi-Detached, Freehold	14 Jan 2000	£50,000	First Sale
31A RED RAILSSemi-Detached, Freehold	27 Feb 2009	£147,000	-5.16%
	04 Jun 2004	£155,000	10.71%
	16 May 2003	£140,000	16.67%
	27 Mar 2003	£120,000	First Sale
33 RED RAILSTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	22 Dec 2008	£155,000	First Sale
13 RED RAILSSemi-Detached, Freehold	14 Sep 2007	£150,000	First Sale
24 RED RAILSSemi-Detached, Freehold	20 Jul 2007	£168,000	20.00%
24 RED RAILSSemi-Detached, Freehold	21 Mar 2005	£140,000	First Sale
2 RED RAILSSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	14 Dec 2006	£155,000	First Sale
26 RED RAILSSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	14 Oct 2004	£151,000	16.15%
	15 Aug 2003	£130,000	First Sale
5 RED RAILSSemi-Detached, Freehold	21 Feb 2003	£126,000	68.00%
5 RED RAILSSemi-Detached, Freehold	01 Mar 2001	£75,000	First Sale
49 RED RAILSSemi-Detached, Freehold	23 Jul 2001	£77,000	83.33%
49 RED RAILSSemi-Detached, Freehold	18 Nov 1996	£42,000	First Sale
29 RED RAILSSemi-Detached, Freehold	30 Nov 2000	£72,000	First Sale
27 RED RAILSSemi-Detached, Freehold	26 Jan 2000	£66,000	26.92%
27 RED RAILSSemi-Detached, Freehold	10 Sep 1999	£52,000	First Sale
8 RED RAILSSemi-Detached, Freehold	17 Nov 1995	£39,000	First Sale

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

RED RAILS, LU1 5ND Near By properties

Interactive Map

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

Flat
- The average price is around £78,764 median price is £69,500 Standard Deviation is £48,901 with Total Sold: 489
- The Last 5 Year average price is £141,458 with Total Sold: 59
- 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 , 12 BRECON CLOSE: £32,500 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £162,497 median price is £150,000 Standard Deviation is £90,519 with Total Sold: 1,080
- The Last 5 Year average price is £295,451 with Total Sold: 145
- 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)
Terraced
- The average price is around £131,279 median price is £126,750 Standard Deviation is £75,174 with Total Sold: 902
- The Last 5 Year average price is £249,652 with Total Sold: 115
- The most recent sale happened at this postcode is , 50 CORNCASTLE ROAD: £290,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 20 CORNCASTLE ROAD: £34,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £270,746 median price is £249,990 Standard Deviation is £145,395 with Total Sold: 171
- The Last 5 Year average price is £447,609 with Total Sold: 32
- 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)
Other
- The average price is around £375,119 median price is £72,500 Standard Deviation is £715,805 with Total Sold: 26
- The Last 5 Year average price is £389,529 with Total Sold: 17
- The most recent sale happened at this postcode is , 4 HUNTS CLOSE: £285,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is FLAT C, 41 MILTON ROAD: £90,000 (Sold on 19 Jun 2017)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£147,000	£2,997	4
2023	£129,826	£2,197	23
2022	£159,591	£2,897	11
2021	£154,125	£2,851	8
2020	£132,143	£2,803	7
2019	£143,083	£2,683	6
2018	£147,938	£2,728	8
2017	£145,429	£2,770	14
2016	£120,182	£2,468	22
2015	£92,576	£2,103	19
2014	£80,370	£1,913	22
2013	£80,250	£1,795	11
2012	£56,956	£1,454	23
2011	£84,292	£1,648	13
2010	£87,600	£1,626	5
2009	£89,250	£1,423	2
2008	£101,000	£2,915	12
2007	£98,083	£2,319	24
2006	£101,107	£2,086	14
2005	£98,277	£1,891	28
2004	£92,313	£1,979	18
2003	£67,287	£1,819	20
2002	£50,804	£1,353	31
2001	£47,801	£1,190	34
2000	£35,735	£884	29
1999	£26,443	£637	23
1998	£22,791	£569	28
1997	£23,700	£480	17
1996	£12,325	£391	6
1995	£24,821	£470	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£335,375		12
2023	£288,566	£3,511	19
2022	£314,465	£3,798	28
2021	£307,843	£3,560	35
2020	£266,765	£3,055	23
2019	£272,071	£2,902	28
2018	£259,093	£3,035	27
2017	£276,369	£3,078	42
2016	£245,733	£2,812	45
2015	£194,887	£2,272	31
2014	£188,012	£2,000	43
2013	£156,517	£1,918	30
2012	£179,840	£1,886	25
2011	£177,528	£1,794	22
2010	£159,161	£1,789	14
2009	£156,697	£1,647	20
2008	£188,069	£2,060	29
2007	£182,300	£1,996	55
2006	£161,616	£1,877	49
2005	£144,830	£1,571	38
2004	£145,553	£1,775	58
2003	£135,614	£1,583	53
2002	£107,488	£1,299	64
2001	£87,603	£1,012	48
2000	£77,321	£1,015	44
1999	£68,070	£794	48
1998	£62,351	£670	39
1997	£56,675	£609	41
1996	£48,325	£515	37
1995	£47,876	£515	33

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,643	£4,013	7
2023	£257,501	£3,380	16
2022	£259,636	£3,532	22
2021	£238,684	£2,969	32
2020	£259,200	£2,961	15
2019	£234,543	£2,884	23
2018	£241,115	£2,942	26
2017	£235,056	£3,034	24
2016	£219,257	£2,800	27
2015	£184,832	£2,287	33
2014	£154,803	£1,875	24
2013	£138,791	£1,843	16
2012	£132,318	£1,726	11
2011	£129,490	£1,706	16
2010	£134,174	£1,640	23
2009	£129,747	£1,569	17
2008	£139,719	£1,989	17
2007	£156,601	£1,966	39
2006	£132,974	£1,661	39
2005	£133,669	£1,672	41
2004	£132,586	£1,708	49
2003	£121,719	£1,525	43
2002	£93,101	£1,290	46
2001	£73,248	£962	48
2000	£64,672	£856	56
1999	£54,235	£690	49
1998	£49,559	£650	44
1997	£41,841	£546	34
1996	£36,435	£500	45
1995	£40,935	£504	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,000		1
2023	£791,500	£3,010	1
2022	£441,667	£4,652	3
2021	£433,917	£3,863	12
2020	£432,500	£3,237	4
2019	£439,091	£2,946	11
2018	£355,000	£3,944	1
2017	£374,600	£3,595	5
2016	£299,000	£2,498	3
2015	£322,374	£2,673	8
2014	£330,611	£2,285	9
2013	£327,250	£2,409	4
2012	£357,125	£2,443	4
2011	£265,333	£2,391	6
2010	£326,250	£2,151	2
2009	£269,000	£1,722	3
2008	£270,000	£2,030	1
2007	£350,350	£2,171	10
2006	£262,167	£2,150	3
2005	£229,500	£2,012	8
2004	£296,000	£1,760	5
2003	£216,441	£1,737	7
2002	£182,227	£1,385	11
2001	£157,888	£1,492	9
2000	£136,857	£1,289	7
1999	£147,000	£1,158	8
1998	£104,214	£1,094	7
1997	£119,417	£855	6
1996	£98,500	£772	4
1995	£89,368	£749	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,000		1
2023	£204,750	£3,489	12
2021	£970,000	£3,951	4
2018	£576,420	£2,219	5
2017	£62,250	£1,676	4

House Type in LU1 5ND area

The most common house types in the LU1 5ND postcode area are Semi-detached (92), Flat (21), and Terraced (9).

Total	128
Semi-detached	92
Flat	21
Terraced	9
Detached	5
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (45), and Social rented: Rents from council or Local Authority (35).

Owned: Owns with a mortgage or loan	45
Social rented: Rents from council or Local Authority	35
Private rented: Private landlord or letting agency	20
Owned: Owns outright	19
Social rented: Other social rented	6
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU1 5ND have 2 people in household (30), and 1 person in household (28).

2 people in household	30
1 person in household	28
4 people in household	23
3 people in household	19
5 people in household	12
6 people in household	10
7 people in household	3
0 people in household	0
8 or more people in household	0