Housing Market Analysis for THE GROVE, LU1 5PE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £186,046 median price is £173,000 Standard Deviation is £78,571 with Total Sold: 17
    • The Last 5 Year average price is £283,400 with Total Sold: 5
    • The most recent sale happened at this postcode is 2 THE GROVE: £320,000 (Sold on 18 Jun 2021)
    • The first recorded sale happened at this postcode is 18 THE GROVE: £34,995 (Sold on 21 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5PE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£290,667 £3,324 3
2020£310,000 £2,095 1
2019£235,000 £2,500 1
2015£180,000 £2,169 1
2014£167,500 £1,457 2
2013£172,500 £1,533 2
2011£159,995 £1,861 1
2008£173,500 £1,961 2
2005£147,800 £1,607 1
2004£137,000 £1,442 1
1999£59,000 £641 1
1995£34,995 £381 1

All the Sales in the THE GROVE, LU1 5PE

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

AddressSold DatePrice% Change
2 THE GROVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-196618 Jun 2021£320,000First Sale
28 THE GROVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196618 Jun 2021£270,000First Sale
14 THE GROVESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196611 Jun 2021£282,000First Sale
4 THE GROVESemi-Detached, FreeholdArea: 148 Sq.mtrAge: 1950-196610 Dec 2020£310,000First Sale
18 THE GROVESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-196618 Apr 2019£235,000571.52%
21 Jul 1995£34,995First Sale
17 THE GROVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-196622 May 2015£180,000First Sale
24 THE GROVESemi-Detached, FreeholdArea: 137 Sq.mtrAge: 1950-196618 Sep 2014£230,000First Sale
1 THE GROVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196627 May 2014£105,000First Sale
7 THE GROVESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1950-196606 Dec 2013£172,000First Sale
27 THE GROVESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1950-196620 Mar 2013£173,000First Sale
23 THE GROVESemi-Detached, FreeholdArea: 85.96 Sq.mtrAge: 1950-196615 Jul 2011£159,995First Sale
3 THE GROVESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-196622 Feb 2008£185,00035.04%
12 May 2004£137,000First Sale
8 THE GROVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196614 Feb 2008£162,000First Sale
19 THE GROVESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196614 Jan 2005£147,800150.51%
27 Aug 1999£59,000First Sale

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

THE GROVE, LU1 5PE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £168,964 median price is £156,250 Standard Deviation is £87,889 with Total Sold: 833
    • The Last 5 Year average price is £303,751 with Total Sold: 125
    • 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)
  • Flat
    • The average price is around £102,111 median price is £100,000 Standard Deviation is £43,286 with Total Sold: 209
    • The Last 5 Year average price is £156,732 with Total Sold: 28
    • 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 £154,520 median price is £148,000 Standard Deviation is £77,188 with Total Sold: 357
    • The Last 5 Year average price is £272,000 with Total Sold: 49
    • 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)
  • Other
    • The average price is around £557,000 median price is £162,500 Standard Deviation is £955,639 with Total Sold: 6
    • The Last 5 Year average price is £995,000 with Total Sold: 3
    • 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)
  • Detached
    • The average price is around £187,241 median price is £183,000 Standard Deviation is £90,908 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£335,682 £3,423 11
2023£333,288 £3,708 20
2022£320,676 £3,972 20
2021£314,633 £3,449 30
2020£274,930 £3,033 20
2019£260,812 £3,092 24
2018£271,900 £3,173 25
2017£268,478 £2,998 36
2016£240,555 £2,758 36
2015£203,515 £2,434 23
2014£186,118 £2,139 51
2013£155,850 £1,998 20
2012£156,500 £1,767 23
2011£157,289 £1,760 16
2010£155,903 £1,723 18
2009£148,998 £1,739 22
2008£173,792 £2,019 18
2007£173,865 £2,003 39
2006£156,540 £1,773 40
2005£143,684 £1,614 25
2004£145,816 £1,587 43
2003£131,631 £1,498 50
2002£105,157 £1,230 34
2001£88,530 £1,010 34
2000£75,570 £823 27
1999£62,380 £681 34
1998£55,750 £648 20
1997£53,648 £631 27
1996£50,358 £534 21
1995£45,496 £500 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,000 £3,395 4
2023£170,000 £1,954 1
2022£152,250 £2,666 8
2021£143,667 £2,631 6
2020£151,400 £2,487 5
2019£153,375 £2,693 4
2018£152,938 £2,593 8
2017£166,600 £2,808 5
2016£147,393 £2,382 14
2015£117,417 £1,921 12
2014£97,023 £1,707 11
2013£96,429 £1,545 7
2012£93,750 £1,551 6
2011£88,090 £1,533 11
2010£97,214 £1,603 7
2009£86,000 £1,424 2
2008£105,125 £1,917 4
2007£112,333 £2,001 9
2006£100,000 £1,793 11
2005£95,722 £1,598 9
2004£87,567 £1,496 15
2003£79,877 £1,411 9
2002£58,049 £1,050 9
2001£53,333 £1,064 9
2000£44,998 £832 8
1999£33,800 £531 5
1998£37,374 £608 4
1997£26,732 £523 3
1995£36,998 £463 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,750 £4,013 6
2023£296,690 £3,960 8
2022£313,750 £3,876 4
2021£260,538 £3,116 13
2020£255,750 £3,080 8
2019£247,400 £2,974 10
2018£257,233 £3,034 15
2017£247,455 £3,028 11
2016£238,329 £2,865 12
2015£192,643 £2,352 27
2014£165,507 £2,029 14
2013£136,168 £1,716 6
2012£128,500 £1,552 4
2011£142,979 £1,669 12
2010£144,818 £1,714 11
2009£133,700 £1,637 10
2008£134,680 £1,491 4
2007£164,571 £2,064 21
2006£147,971 £1,765 17
2005£124,203 £1,360 17
2004£138,715 £1,773 16
2003£126,684 £1,562 16
2002£91,749 £1,063 8
2001£75,374 £969 16
2000£71,856 £806 20
1999£56,534 £647 23
1998£56,186 £679 8
1997£45,000 £557 9
1996£45,416 £512 6
1995£45,500 £526 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0001
2021£2,680,0001
2020£20,0001
2018£119,000 £2,219 3
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
2007£230,750 £2,098 2
2005£204,000 £1,810 3
2004£146,500 £1,420 2
2003£107,500 £1,327 1
2002£183,0001
2001£129,9951
2000£96,500 £1,160 3
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 5PE area

The most common house types in the LU1 5PE postcode area are Semi-detached (79), Terraced (23), and Flat (10).

Total114
Semi-detached79
Terraced23
Flat10
Detached2
Shared house0
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 (34), and Social rented: Rents from council or Local Authority (34).

Owned: Owns with a mortgage or loan34
Social rented: Rents from council or Local Authority34
Owned: Owns outright29
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LU1 5PE have 2 people in household (22), and 1 person in household (21).

2 people in household22
1 person in household21
4 people in household21
5 people in household16
3 people in household15
6 people in household12
7 people in household4
8 or more people in household4
0 people in household0