Housing Market Analysis for SOUTHDRIFT WAY, LU1 5PY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £204,556 median price is £204,000 Standard Deviation is £74,442 with Total Sold: 9
    • The Last 5 Year average price is £278,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 84 SOUTHDRIFT WAY: £310,000 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is 68 SOUTHDRIFT WAY: £115,000 (Sold on 30 Apr 2004)
  • Semi-Detached
    • The average price is around £213,562 median price is £177,500 Standard Deviation is £99,807 with Total Sold: 16
    • The Last 5 Year average price is £309,500 with Total Sold: 6
    • The most recent sale happened at this postcode is 80 SOUTHDRIFT WAY: £335,000 (Sold on 30 Nov 2021)
    • The first recorded sale happened at this postcode is 61 SOUTHDRIFT WAY: £430,000 (Sold on 15 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5PY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£310,000 £4,844 1
2019£247,000 £2,940 1
2018£295,000 £2,458 1
2017£260,000 £3,023 1
2015£204,000 £2,429 1
2014£161,000 £1,917 1
2013£163,000 £1,358 1
2012£86,000 £1,344 1
2004£115,000 £1,337 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£335,000 £2,991 1
2020£260,000 £3,171 1
2019£277,333 £3,321 3
2017£330,000 £2,409 1
2014£167,500 £1,957 1
2010£138,000 £1,612 1
2009£151,000 £1,990 2
2007£187,500 £2,232 1
2006£160,000 £1,429 1
2004£142,500 £1,439 1
2001£83,500 £982 1
1998£49,000 £495 1
2023£430,000 £3,139 1

All the Sales in the SOUTHDRIFT WAY, LU1 5PY

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

AddressSold DatePrice% Change
84 SOUTHDRIFT WAYTerraced, FreeholdArea: 64 Sq.mtr20 Jan 2023£310,000260.47%
05 Apr 2012£86,000First Sale
80 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1950-196630 Nov 2021£335,000109.38%
22 Sep 2006£160,000First Sale
73 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196609 Nov 2020£260,000First Sale
69 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-196620 Dec 2019£285,000100.00%
01 Jul 2004£142,500190.82%
20 Jul 1998£49,000First Sale
63A SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 68.98 Sq.mtr04 Oct 2019£247,00055.35%
04 Dec 2009£159,000First Sale
62 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 85.6 Sq.mtrAge: 1950-196618 Feb 2019£300,00079.10%
08 May 2014£167,50021.38%
06 Sep 2010£138,000First Sale
63 SOUTHDRIFT WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196625 Jan 2019£247,00021.08%
21 Sep 2015£204,00026.71%
28 Nov 2014£161,000-14.13%
05 Nov 2007£187,500First Sale
74 SOUTHDRIFT WAYTerraced, FreeholdArea: 120 Sq.mtrAge: 1950-196620 Feb 2018£295,00080.98%
02 Dec 2013£163,000First Sale
61 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 137 Sq.mtrAge: 1950-196625 Aug 2017£330,000-23.26%
15 Nov 2023£430,000First Sale
68 SOUTHDRIFT WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-196616 Jun 2017£260,000126.09%
30 Apr 2004£115,000First Sale
67 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 85.4 Sq.mtrAge: 1930-194930 Dec 2009£143,000First Sale
82 SOUTHDRIFT WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-197509 Mar 2001£83,500First Sale

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

SOUTHDRIFT WAY, LU1 5PY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £159,422 median price is £150,000 Standard Deviation is £85,604 with Total Sold: 615
    • The Last 5 Year average price is £294,699 with Total Sold: 87
    • The most recent sale happened at this postcode is , 4 CORNEL CLOSE: £335,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 MASTERS CLOSE: £49,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £102,813 median price is £96,000 Standard Deviation is £45,179 with Total Sold: 191
    • The Last 5 Year average price is £159,400 with Total Sold: 25
    • 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 £152,534 median price is £147,000 Standard Deviation is £80,170 with Total Sold: 285
    • The Last 5 Year average price is £272,644 with Total Sold: 45
    • 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)
  • Detached
    • The average price is around £169,634 median price is £140,000 Standard Deviation is £101,486 with Total Sold: 13
    • The Last 5 Year average price is £366,875 with Total Sold: 2
    • The most recent sale happened at this postcode is , 12 PRIESTLEYS: £325,000 (Sold on 01 Jun 2022)
    • The first recorded sale happened at this postcode is , 69 NORTHDRIFT WAY: £50,000 (Sold on 24 Jul 1998)
  • Other
    • The average price is around £228,333 median price is £220,000 Standard Deviation is £173,606 with Total Sold: 3
    • The Last 5 Year average price is £20,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 7 MARKET SQUARE: £20,000 (Sold on 11 Sep 2020)
    • The first recorded sale happened at this postcode is , WHIPPERLEY MEDICAL CENTRE, 311 WHIPPERLEY RING: £220,000 (Sold on 17 Oct 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£337,778 £3,423 9
2023£329,482 £3,602 14
2022£289,500 £3,546 11
2021£303,238 £3,313 21
2020£268,307 £3,069 15
2019£259,353 £3,098 17
2018£274,194 £3,115 18
2017£264,730 £3,021 27
2016£223,729 £2,672 24
2015£191,107 £2,342 22
2014£185,401 £2,164 36
2013£145,722 £1,532 9
2012£160,115 £1,774 13
2011£151,477 £1,601 11
2010£149,797 £1,655 16
2009£150,079 £1,699 19
2008£166,981 £1,876 13
2007£162,848 £1,998 25
2006£145,961 £1,673 26
2005£144,367 £1,730 24
2004£134,469 £1,456 31
2003£129,544 £1,418 37
2002£91,601 £1,077 23
2001£81,386 £926 31
2000£72,226 £844 22
1999£57,728 £587 26
1998£52,274 £580 21
1997£49,490 £538 21
1996£44,618 £486 17
1995£42,999 £497 16
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£158,500 £2,503 6
2020£145,500 £2,367 4
2019£143,667 £2,557 3
2018£152,938 £2,593 8
2017£158,832 £2,756 6
2016£150,107 £2,350 14
2015£112,400 £1,893 10
2014£96,725 £1,650 10
2013£92,500 £1,485 6
2012£85,400 £1,394 5
2011£83,222 £1,476 9
2010£95,188 £1,544 8
2009£100,667 £1,424 3
2008£110,100 £1,816 5
2007£118,111 £1,903 9
2006£100,333 £1,768 9
2005£94,929 £1,616 7
2004£81,125 £1,432 12
2003£79,877 £1,411 9
2002£54,721 £986 9
2001£52,785 £979 7
2000£41,897 £735 5
1999£38,285 £628 7
1998£37,500 £524 3
1997£26,098 £555 2
1995£36,998 £463 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,375 £3,415 4
2023£320,000 £4,275 9
2022£315,750 £4,161 4
2021£252,850 £3,276 10
2020£243,250 £3,030 8
2019£239,400 £3,003 10
2018£241,850 £2,665 10
2017£235,400 £3,061 10
2016£244,390 £2,955 5
2015£182,284 £2,358 22
2014£171,306 £2,267 17
2013£148,556 £2,033 9
2012£139,625 £1,629 8
2011£140,719 £1,674 8
2010£142,599 £1,655 5
2009£140,000 £2,077 1
2008£140,799 £1,896 5
2007£162,615 £2,182 13
2006£150,125 £1,912 12
2005£132,449 £1,624 15
2004£129,273 £1,747 11
2003£106,999 £2,027 7
2002£93,499 £1,299 14
2001£73,299 £1,022 10
2000£67,408 £982 11
1999£54,585 £767 11
1998£53,674 £695 6
1997£46,106 £657 14
1996£46,299 £587 10
1995£43,667 £620 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£366,875 £3,644 2
2017£277,000 £3,420 1
2011£118,000 £2,106 1
2007£169,995 £2,500 1
2005£167,500 £1,496 1
2004£146,500 £1,420 2
2003£140,000 £2,059 1
2002£99,999 £1,562 1
2000£92,000 £730 1
1999£64,000 £941 1
1998£50,000 £446 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£20,0001
2016£445,0001
2014£220,0001

House Type in LU1 5PY area

The most common house types in the LU1 5PY postcode area are Semi-detached (70), Flat (47), and Terraced (19).

Total143
Semi-detached70
Flat47
Terraced19
Detached6
commercial building1
Shared house0
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 Social rented: Other social rented (36).

Social rented: Rents from council or Local Authority39
Social rented: Other social rented36
Owned: Owns with a mortgage or loan33
Owned: Owns outright18
Private rented: Private landlord or letting agency11
Shared ownership: Shared ownership7
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LU1 5PY have 1 person in household (41), and 2 people in household (28).

1 person in household41
2 people in household28
3 people in household23
4 people in household21
5 people in household12
6 people in household11
7 people in household6
8 or more people in household5
0 people in household0