Housing Market Analysis for LU1 5NZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    LU1 5NZ Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £165,165 median price is £154,750 Standard Deviation is £88,735 with Total Sold: 872
      • The Last 5 Year average price is £303,429 with Total Sold: 122
      • 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 , 45 BRETTS MEAD: £43,500 (Sold on 23 Jan 1995)
    • Terraced
      • The average price is around £150,501 median price is £144,500 Standard Deviation is £79,630 with Total Sold: 408
      • The Last 5 Year average price is £272,755 with Total Sold: 59
      • 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)
    • Other
      • The average price is around £664,400 median price is £270,000 Standard Deviation is £1,013,256 with Total Sold: 5
      • The Last 5 Year average price is £1,482,500 with Total Sold: 2
      • 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 , 76 FARLEY FARM ROAD: £270,000 (Sold on 27 Apr 2018)
    • Flat
      • The average price is around £95,838 median price is £95,000 Standard Deviation is £43,620 with Total Sold: 143
      • The Last 5 Year average price is £159,000 with Total Sold: 16
      • The most recent sale happened at this postcode is FLAT 1, WHIPPERLEY COURT FARLEY HILL: £135,000 (Sold on 29 Feb 2024)
      • The first recorded sale happened at this postcode is 6, WULWARDS COURT WULWARDS CLOSE: £29,995 (Sold on 31 Jul 1995)
    • Detached
      • The average price is around £190,619 median price is £207,500 Standard Deviation is £94,873 with Total Sold: 33
      • The Last 5 Year average price is £335,000 with Total Sold: 5
      • The most recent sale happened at this postcode is , 5 TENZING GROVE: £335,000 (Sold on 03 Sep 2021)
      • The first recorded sale happened at this postcode is , 196 FARLEY HILL: £89,450 (Sold on 23 Jun 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£332,682 £3,423 11
    2023£332,109 £3,687 16
    2022£317,251 £3,996 20
    2021£321,241 £3,564 27
    2020£277,777 £3,083 22
    2019£265,981 £3,041 26
    2018£267,875 £3,113 28
    2017£276,814 £3,078 35
    2016£249,167 £2,773 36
    2015£204,667 £2,355 21
    2014£183,854 £2,004 41
    2013£159,587 £1,988 23
    2012£157,812 £1,777 24
    2011£155,875 £1,770 15
    2010£157,544 £1,749 17
    2009£148,389 £1,720 23
    2008£175,412 £2,025 20
    2007£175,585 £1,971 41
    2006£158,346 £1,716 41
    2005£142,874 £1,594 27
    2004£149,502 £1,656 48
    2003£133,948 £1,499 47
    2002£105,591 £1,246 41
    2001£87,865 £1,035 37
    2000£77,810 £848 35
    1999£65,349 £706 37
    1998£58,270 £656 24
    1997£54,477 £626 36
    1996£47,621 £512 27
    1995£47,227 £528 26
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£291,250 £4,013 6
    2023£283,169 £4,051 9
    2022£306,500 £3,856 11
    2021£260,333 £3,107 15
    2020£255,750 £3,080 8
    2019£247,400 £2,974 10
    2018£255,278 £2,988 18
    2017£243,500 £3,042 12
    2016£234,130 £2,858 15
    2015£190,259 £2,277 21
    2014£159,229 £1,953 14
    2013£138,126 £1,688 8
    2012£131,400 £1,583 5
    2011£145,750 £1,719 8
    2010£143,571 £1,705 14
    2009£131,455 £1,592 11
    2008£152,431 £1,689 4
    2007£160,000 £1,933 23
    2006£143,113 £1,663 22
    2005£128,524 £1,525 19
    2004£138,997 £1,719 17
    2003£121,136 £1,466 18
    2002£87,363 £1,084 11
    2001£76,693 £971 18
    2000£69,505 £766 23
    1999£56,740 £653 22
    1998£50,106 £639 14
    1997£44,000 £557 13
    1996£40,585 £516 11
    1995£42,812 £529 8
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£285,0001
    2021£2,680,0001
    2018£119,000 £2,219 3
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£154,000 £3,068 2
    2023£120,000 £3,333 1
    2022£169,167 £2,713 3
    2021£152,750 £3,091 4
    2020£168,000 £2,592 3
    2019£164,500 £2,830 3
    2018£161,625 £2,516 4
    2017£173,333 £2,875 3
    2016£143,286 £2,487 7
    2015£121,688 £2,001 8
    2014£106,850 £2,132 5
    2013£107,833 £2,423 3
    2012£91,625 £1,561 4
    2011£101,500 £1,688 4
    2010£99,429 £1,595 7
    2009£86,000 £1,424 2
    2008£89,499 £2,493 4
    2007£119,000 £2,193 5
    2006£94,000 £2,080 7
    2005£101,900 £1,556 5
    2004£90,222 £1,482 9
    2003£85,812 £1,718 8
    2002£60,492 £1,366 8
    2001£53,332 £1,102 9
    2000£43,554 £874 9
    1999£33,208 £670 6
    1998£34,582 £610 6
    1997£28,998 £468 2
    1995£39,998 £524 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£341,667 £3,921 3
    2020£270,000 £3,462 1
    2019£380,000 £2,946 1
    2016£320,000 £2,689 1
    2015£235,500 £2,292 2
    2014£234,998 £1,979 2
    2013£231,500 £1,728 1
    2011£210,000 £2,377 1
    2009£305,0001
    2007£230,750 £2,098 2
    2005£204,000 £1,810 3
    2004£153,000 £1,366 1
    2003£107,500 £1,327 1
    2002£183,0001
    2001£84,2482
    2000£98,750 £1,590 2
    1999£132,000 £946 2
    1998£72,500 £836 2
    1997£62,500 £801 1
    1996£82,000 £776 2
    1995£89,4501

    House Type in LU1 5NZ area

    The most common house types in the LU1 5NZ postcode area are Semi-detached (69), Flat (27), and Terraced (14).

    Total116
    Semi-detached69
    Flat27
    Terraced14
    commercial building4
    Shared house2
    Detached0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (39), and Owned: Owns with a mortgage or loan (28).

    Social rented: Rents from council or Local Authority39
    Owned: Owns with a mortgage or loan28
    Owned: Owns outright25
    Private rented: Private landlord or letting agency13
    Social rented: Other social rented3
    Private rented: Other private rented3
    Shared ownership: Shared ownership1
    Lives rent free1
    Does not apply0

    Number of People in a Household

    The most houses in the LU1 5NZ have 4 people in household (27), and 2 people in household (26).

    4 people in household27
    2 people in household26
    1 person in household21
    3 people in household21
    5 people in household14
    6 people in household5
    7 people in household2
    0 people in household0
    8 or more people in household0