Housing Market Analysis for SOUTHDRIFT WAY, LU1 5PU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £159,479 median price is £156,998 Standard Deviation is £84,839 with Total Sold: 22
- The Last 5 Year average price is £273,110 with Total Sold: 5
- The most recent sale happened at this postcode is 22 SOUTHDRIFT WAY: £330,000 (Sold on 26 Oct 2023)
- The first recorded sale happened at this postcode is 23 SOUTHDRIFT WAY: £325,000 (Sold on 05 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5PU 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	£235,275	£2,754	2
2024	£320,000		2
2020	£255,000	£2,965	1
2015	£197,500	£2,040	2
2012	£168,500	£1,937	1
2011	£164,000	£1,351	1
2007	£165,500		1
2006	£172,000	£1,890	1
2005	£153,500		2
2004	£134,000		1
2003	£139,998	£1,236	2
2001	£86,998	£736	2
1999	£27,000	£270	1
1998	£56,500	£565	1
1997	£52,000		1
1995	£47,500		1

All the Sales in the SOUTHDRIFT WAY, LU1 5PU

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

Address	Sold Date	Price	% Change
22 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	26 Oct 2023	£330,000	First Sale
16 SOUTHDRIFT WAYSemi-Detached, Freehold	22 Apr 2024	£315,000	First Sale
4 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	16 Apr 2020	£255,000	First Sale
18 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-1966	25 Jun 2015	£210,000	First Sale
25 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 98.94 Sq.mtrAge: 1950-1966	27 Mar 2015	£185,000	227.43%
	14 Dec 1998	£56,500	First Sale
20 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	23 Mar 2012	£168,500	-2.03%
	27 Apr 2006	£172,000	First Sale
21 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 121.35 Sq.mtrAge: 1950-1966	27 Sep 2011	£164,000	9.34%
	10 Sep 2003	£149,995	First Sale
5 SOUTHDRIFT WAYSemi-Detached, Freehold	09 Aug 2007	£165,500	23.51%
5 SOUTHDRIFT WAYSemi-Detached, Freehold	12 Mar 2004	£134,000	First Sale
17 SOUTHDRIFT WAYSemi-Detached, Freehold	07 Oct 2005	£142,000	First Sale
14 SOUTHDRIFT WAYSemi-Detached, Freehold	16 Sep 2005	£165,000	26.92%
14 SOUTHDRIFT WAYSemi-Detached, Freehold	29 Aug 2003	£130,000	First Sale
2 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1950-1966	02 Nov 2001	£89,000	First Sale
8 SOUTHDRIFT WAYSemi-Detached, Freehold	20 Apr 2001	£84,995	63.45%
8 SOUTHDRIFT WAYSemi-Detached, Freehold	31 Jul 1997	£52,000	First Sale
23 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1950-1966	21 Jul 1999	£27,000	-91.69%
	05 Aug 2024	£325,000	First Sale
19 SOUTHDRIFT WAYSemi-Detached, Freehold	23 Mar 1995	£47,500	First Sale
9 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	08 Dec 2023	£140,550	First Sale

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

SOUTHDRIFT WAY, LU1 5PU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £164,493 median price is £154,000 Standard Deviation is £86,858 with Total Sold: 925
- The Last 5 Year average price is £301,443 with Total Sold: 134
- 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 £100,751 median price is £96,000 Standard Deviation is £43,624 with Total Sold: 216
- 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 £149,819 median price is £145,000 Standard Deviation is £76,848 with Total Sold: 480
- The Last 5 Year average price is £267,933 with Total Sold: 67
- 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 £186,417 median price is £168,748 Standard Deviation is £94,860 with Total Sold: 40
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£332,885	£3,423	13
2023	£331,321	£3,687	21
2022	£316,358	£4,077	21
2021	£311,194	£3,436	31
2020	£269,814	£3,198	21
2019	£264,870	£3,152	27
2018	£267,978	£3,174	23
2017	£266,578	£3,016	41
2016	£242,058	£2,823	39
2015	£200,037	£2,436	23
2014	£185,082	£2,161	49
2013	£155,364	£1,968	22
2012	£156,140	£1,812	25
2011	£153,967	£1,736	19
2010	£157,583	£1,724	21
2009	£149,476	£1,755	23
2008	£171,138	£1,940	20
2007	£171,290	£2,029	44
2006	£153,512	£1,796	42
2005	£143,164	£1,654	28
2004	£143,727	£1,644	51
2003	£130,018	£1,493	59
2002	£102,728	£1,213	41
2001	£87,793	£1,016	41
2000	£73,074	£863	32
1999	£62,088	£675	39
1998	£54,730	£638	26
1997	£53,864	£627	31
1996	£50,042	£543	24
1995	£45,835	£523	28

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£158,832	£2,756	6
2016	£147,900	£2,391	15
2015	£116,077	£1,931	13
2014	£97,023	£1,707	11
2013	£92,500	£1,485	6
2012	£88,750	£1,460	6
2011	£83,222	£1,476	9
2010	£95,167	£1,602	9
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	£87,000	£1,504	16
2003	£79,877	£1,411	9
2002	£55,044	£1,003	10
2001	£53,333	£1,064	9
2000	£43,832	£816	9
1999	£38,285	£628	7
1998	£37,374	£608	4
1997	£26,732	£523	3
1995	£36,998	£463	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£298,750	£4,013	6
2023	£305,502	£4,161	13
2022	£309,000	£3,989	7
2021	£253,406	£3,203	16
2020	£236,455	£3,154	11
2019	£240,643	£3,015	14
2018	£247,250	£2,990	16
2017	£245,733	£3,131	15
2016	£243,458	£3,043	13
2015	£189,945	£2,402	31
2014	£167,789	£2,168	19
2013	£140,750	£1,995	12
2012	£138,750	£1,690	8
2011	£142,554	£1,703	14
2010	£146,153	£1,759	13
2009	£134,273	£1,677	11
2008	£132,544	£1,913	5
2007	£164,687	£2,098	24
2006	£147,729	£1,856	24
2005	£129,872	£1,539	26
2004	£136,998	£1,810	22
2003	£122,616	£1,699	21
2002	£94,116	£1,281	17
2001	£75,630	£1,035	19
2000	£69,928	£891	26
1999	£56,796	£681	28
1998	£54,654	£696	10
1997	£45,574	£630	20
1996	£46,090	£619	11
1995	£46,219	£590	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,000		1
2021	£2,680,000		1
2020	£20,000		1
2018	£119,000	£2,219	3
2016	£445,000		1
2014	£220,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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
2007	£210,498	£2,299	3
2005	£204,000	£1,810	3
2004	£146,500	£1,420	2
2003	£123,750	£1,693	2
2002	£141,500	£1,562	2
2001	£129,995		1
2000	£96,500	£1,160	3
1999	£109,333	£943	3
1998	£72,500	£836	2
1997	£62,500	£801	1
1996	£82,000	£776	2
1995	£89,450		1

House Type in LU1 5PU area

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

Total	114
Semi-detached	79
Terraced	23
Flat	10
Detached	2
Shared house	0
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 (34), and Social rented: Rents from council or Local Authority (34).

Owned: Owns with a mortgage or loan	34
Social rented: Rents from council or Local Authority	34
Owned: Owns outright	29
Private rented: Private landlord or letting agency	15
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	22
1 person in household	21
4 people in household	21
5 people in household	16
3 people in household	15
6 people in household	12
7 people in household	4
8 or more people in household	4
0 people in household	0