Housing Market Analysis for FRIARS CLOSE, LU1 5PT

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £98,538 median price is £88,500 Standard Deviation is £49,609 with Total Sold: 13
    • The Last 5 Year average price is £161,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 7, FRIARS COURT FRIARS CLOSE: £162,500 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is 7, FRIARS COURT FRIARS CLOSE: £29,500 (Sold on 25 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5PT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£164,750 £2,657 2
2019£156,000 £2,516 1
2018£170,0001
2015£115,000 £1,855 1
2009£106,000 £1,697 1
2008£76,0001
2004£88,500 £1,427 1
2002£67,000 £1,081 1
2001£55,750 £952 2
1999£30,750 £476 2

All the Sales in the FRIARS CLOSE, LU1 5PT

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

AddressSold DatePrice% Change
7, FRIARS COURT FRIARS CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-196631 Aug 2022£162,500175.42%
14 Jun 2001£59,000100.00%
25 Jun 1999£29,500First Sale
1, FRIARS COURT FRIARS CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-196609 Aug 2022£167,0007.05%
05 Apr 2019£156,00035.65%
07 May 2015£115,00029.94%
06 Feb 2004£88,50032.09%
15 Aug 2002£67,000First Sale
4, FRIARS COURT FRIARS CLOSEFlat, Leasehold17 Jul 2018£170,000First Sale
5, FRIARS COURT FRIARS CLOSEFlat, LeaseholdArea: 62.48 Sq.mtrAge: 1950-196604 Dec 2009£106,000First Sale
8, FRIARS COURT FRIARS CLOSEFlat, Leasehold12 Dec 2008£76,000First Sale
10, FRIARS COURT FRIARS CLOSEFlat, Leasehold07 Sep 2001£52,500First Sale
6, FRIARS COURT FRIARS CLOSEFlat, Leasehold30 Jun 1999£32,000First Sale

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

FRIARS CLOSE, LU1 5PT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £163,206 median price is £152,748 Standard Deviation is £86,089 with Total Sold: 952
    • The Last 5 Year average price is £299,529 with Total Sold: 135
    • 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 £101,077 median price is £96,000 Standard Deviation is £44,317 with Total Sold: 206
    • The Last 5 Year average price is £157,537 with Total Sold: 27
    • 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 £150,863 median price is £145,000 Standard Deviation is £77,784 with Total Sold: 473
    • The Last 5 Year average price is £266,415 with Total Sold: 70
    • 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 , 5 RYTON CLOSE: £48,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £500,875 median price is £245,000 Standard Deviation is £835,194 with Total Sold: 8
    • 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 , WHIPPERLEY MEDICAL CENTRE, 311 WHIPPERLEY RING: £220,000 (Sold on 17 Oct 2014)
  • Detached
    • The average price is around £183,542 median price is £168,748 Standard Deviation is £92,931 with Total Sold: 46
    • The Last 5 Year average price is £347,292 with Total Sold: 6
    • The most recent sale happened at this postcode is , 8 DUNSMORE ROAD: £408,750 (Sold on 11 Feb 2022)
    • 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£332,885 £3,423 13
2023£324,388 £3,671 20
2022£316,433 £4,073 22
2021£311,194 £3,436 31
2020£269,814 £3,198 21
2019£262,375 £3,126 28
2018£269,604 £3,137 24
2017£266,578 £3,016 41
2016£242,058 £2,823 39
2015£200,037 £2,436 23
2014£184,779 £2,167 50
2013£155,364 £1,968 22
2012£157,827 £1,800 26
2011£154,468 £1,753 20
2010£157,580 £1,749 22
2009£149,165 £1,794 27
2008£171,138 £1,940 20
2007£171,201 £2,061 46
2006£153,663 £1,798 43
2005£142,631 £1,651 29
2004£143,888 £1,659 53
2003£130,018 £1,493 59
2002£102,140 £1,228 42
2001£87,793 £1,016 41
2000£72,768 £886 35
1999£61,499 £677 39
1998£55,922 £634 29
1997£53,721 £641 33
1996£50,280 £548 25
1995£45,686 £523 29
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,000 £3,721 3
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£158,832 £2,756 6
2016£150,107 £2,350 14
2015£117,417 £1,910 12
2014£96,725 £1,650 10
2013£92,500 £1,485 6
2012£88,750 £1,460 6
2011£83,222 £1,476 9
2010£95,188 £1,544 8
2009£86,000 £1,424 2
2008£105,125 £1,917 4
2007£113,188 £1,910 8
2006£101,600 £1,779 10
2005£95,938 £1,616 8
2004£87,000 £1,504 16
2003£79,877 £1,411 9
2002£53,388 £920 9
2001£53,333 £1,064 9
2000£44,311 £785 8
1999£38,285 £628 7
1998£37,374 £608 4
1997£26,732 £523 3
1995£36,998 £463 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£305,500 £3,415 5
2023£298,144 £4,236 14
2022£309,000 £3,989 7
2021£251,844 £3,194 16
2020£240,083 £3,091 12
2019£242,125 £3,134 16
2018£246,000 £2,933 14
2017£242,579 £3,183 19
2016£236,997 £3,138 15
2015£189,639 £2,444 27
2014£168,245 £2,278 22
2013£140,847 £2,075 13
2012£142,125 £1,725 8
2011£140,479 £1,729 12
2010£146,000 £1,750 12
2009£133,917 £1,679 12
2008£128,499 £1,913 4
2007£164,587 £2,097 23
2006£147,274 £1,992 20
2005£129,627 £1,530 25
2004£137,629 £1,830 19
2003£122,616 £1,724 21
2002£94,998 £1,307 18
2001£74,575 £1,071 19
2000£69,245 £934 24
1999£57,076 £708 24
1998£54,171 £712 9
1997£45,500 £624 22
1996£45,845 £631 13
1995£43,531 £610 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0001
2021£2,680,0001
2020£20,0001
2018£119,000 £2,219 3
2016£445,0001
2014£220,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£408,750 £3,464 1
2021£341,667 £3,921 3
2020£270,000 £3,462 1
2019£380,000 £2,946 1
2017£277,000 £3,420 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£164,000 £2,242 2
2010£235,000 £2,098 1
2007£218,624 £2,299 4
2006£225,000 £1,727 1
2005£204,000 £1,810 3
2004£146,500 £1,420 2
2003£140,000 £2,059 1
2002£141,500 £1,562 2
2001£134,998 £1,074 2
2000£104,250 £1,160 4
1999£109,333 £943 3
1998£72,500 £836 2
1997£61,917 £801 3
1996£82,000 £776 2
1995£89,4501

House Type in LU1 5PT area

The most common house types in the LU1 5PT postcode area are Semi-detached (61), Terraced (28), and Flat (15).

Total109
Semi-detached61
Terraced28
Flat15
Detached3
Shared house1
converted building1
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 (44), and Social rented: Rents from council or Local Authority (28).

Owned: Owns with a mortgage or loan44
Social rented: Rents from council or Local Authority28
Private rented: Private landlord or letting agency20
Owned: Owns outright17
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LU1 5PT have 2 people in household (30), and 1 person in household (19).

2 people in household30
1 person in household19
4 people in household18
3 people in household15
5 people in household10
6 people in household8
8 or more people in household8
7 people in household2
0 people in household0