Housing Market Analysis for MASTERS CLOSE, LU1 5PH

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £116,500 median price is £49,500 Standard Deviation is £112,522 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 MASTERS CLOSE: £275,000 (Sold on 18 Sep 2017)
    • The first recorded sale happened at this postcode is 7 MASTERS CLOSE: £49,500 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5PH 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
2017£275,000 £3,198 1
1999£25,000 £291 1
1995£49,500 £688 1

All the Sales in the MASTERS CLOSE, LU1 5PH

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

AddressSold DatePrice% Change
7 MASTERS CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-194918 Sep 2017£275,0001000.00%
05 Jul 1999£25,000-49.49%
27 Jan 1995£49,500First Sale

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

MASTERS CLOSE, LU1 5PH Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £167,233 median price is £155,000 Standard Deviation is £87,290 with Total Sold: 688
    • The Last 5 Year average price is £301,974 with Total Sold: 102
    • 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 £158,114 median price is £150,000 Standard Deviation is £77,322 with Total Sold: 305
    • The Last 5 Year average price is £272,796 with Total Sold: 44
    • 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)
  • Flat
    • The average price is around £101,971 median price is £102,500 Standard Deviation is £42,899 with Total Sold: 116
    • The Last 5 Year average price is £163,538 with Total Sold: 13
    • 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 £185,929 median price is £183,000 Standard Deviation is £90,679 with Total Sold: 29
    • The Last 5 Year average price is £335,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 47 LEYHILL DRIVE: £340,000 (Sold on 11 Aug 2021)
    • The first recorded sale happened at this postcode is , 196 FARLEY HILL: £89,450 (Sold on 23 Jun 1995)
  • Other
    • The average price is around £759,250 median price is £162,500 Standard Deviation is £1,112,824 with Total Sold: 4
    • The Last 5 Year average price is £2,680,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 LEYHILL DRIVE: £2,680,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , 76 FARLEY FARM ROAD: £270,000 (Sold on 27 Apr 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,000 £3,423 9
2023£328,383 £3,676 15
2022£328,361 £4,095 18
2021£309,714 £3,352 21
2020£275,271 £3,026 17
2019£262,932 £3,129 22
2018£273,023 £3,194 22
2017£266,293 £2,991 28
2016£233,833 £2,655 30
2015£201,597 £2,397 19
2014£186,380 £2,130 46
2013£155,944 £2,015 18
2012£154,100 £1,740 20
2011£152,102 £1,760 11
2010£152,188 £1,682 12
2009£145,821 £1,729 17
2008£174,578 £2,026 16
2007£174,577 £2,009 29
2006£159,078 £1,796 33
2005£142,830 £1,573 23
2004£148,282 £1,684 34
2003£129,963 £1,482 39
2002£104,827 £1,243 29
2001£85,769 £955 28
2000£75,799 £821 23
1999£59,257 £622 27
1998£54,823 £611 17
1997£54,166 £629 24
1996£50,139 £522 18
1995£47,213 £531 23
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,500 £4,013 5
2023£296,690 £3,960 8
2022£313,750 £3,876 4
2021£260,091 £3,135 11
2020£263,667 £3,295 6
2019£247,400 £2,974 10
2018£257,233 £3,034 15
2017£248,700 £3,057 10
2016£237,268 £2,851 11
2015£189,948 £2,317 22
2014£165,392 £2,020 13
2013£136,168 £1,716 6
2012£128,500 £1,552 4
2011£144,714 £1,717 7
2010£150,999 £1,812 8
2009£129,750 £1,621 8
2008£146,242 £1,689 3
2007£165,611 £2,073 18
2006£147,531 £1,765 16
2005£129,711 £1,432 14
2004£142,535 £1,775 13
2003£127,139 £1,569 14
2002£91,749 £1,063 8
2001£76,665 £964 12
2000£71,451 £801 18
1999£56,585 £654 21
1998£56,356 £678 7
1997£44,857 £538 7
1996£47,165 £629 3
1995£46,667 £566 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£154,000 £3,068 2
2022£169,167 £2,713 3
2021£169,000 £2,854 2
2020£158,500 £2,569 4
2019£169,250 £2,809 2
2018£161,625 £2,516 4
2017£173,333 £2,875 3
2016£149,667 £2,415 6
2015£121,688 £2,001 8
2014£109,062 £1,900 4
2013£114,000 £1,724 2
2012£100,167 £1,712 3
2011£101,500 £1,688 4
2010£108,600 £1,673 5
2009£86,000 £1,424 2
2008£104,000 £2,164 2
2007£119,000 £2,193 5
2006£96,000 £1,725 5
2005£101,900 £1,556 5
2004£90,222 £1,482 9
2003£90,249 £1,455 6
2002£64,789 £1,125 5
2001£56,428 £1,008 7
2000£45,713 £863 7
1999£35,500 £538 3
1998£37,374 £608 4
1997£28,998 £468 2
1995£39,998 £524 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£345,000 £4,061 2
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£249,995 £1,667 1
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£153,000 £1,366 1
2003£107,500 £1,327 1
2002£183,0001
2001£129,9951
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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£2,680,0001
2018£119,000 £2,219 3

House Type in LU1 5PH area

The most common house types in the LU1 5PH 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 5PH 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