Housing Market Analysis for REDFERNS CLOSE, LU1 5QW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £184,399 median price is £179,995 Standard Deviation is £73,358 with Total Sold: 5
    • The Last 5 Year average price is £280,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 REDFERNS CLOSE: £280,000 (Sold on 14 Jul 2021)
    • The first recorded sale happened at this postcode is 3 REDFERNS CLOSE: £82,000 (Sold on 31 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5QW 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£280,000 £3,191 1
2016£250,000 £3,289 1
2007£179,995 £2,368 1
2004£130,000 £1,529 1
2001£82,000 £965 1

All the Sales in the REDFERNS CLOSE, LU1 5QW

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

AddressSold DatePrice% Change
3 REDFERNS CLOSESemi-Detached, FreeholdArea: 87.76 Sq.mtrAge: 1950-196614 Jul 2021£280,000115.38%
11 Aug 2004£130,00058.54%
31 May 2001£82,000First Sale
2 REDFERNS CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196603 Jun 2016£250,00038.89%
18 Dec 2007£179,995First Sale

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

REDFERNS CLOSE, LU1 5QW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £158,687 median price is £150,000 Standard Deviation is £86,968 with Total Sold: 551
    • The Last 5 Year average price is £303,076 with Total Sold: 79
    • 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 , 14 HIGH WOOD CLOSE: £42,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £109,539 median price is £108,000 Standard Deviation is £45,128 with Total Sold: 199
    • The Last 5 Year average price is £156,948 with Total Sold: 29
    • 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 £159,629 median price is £150,000 Standard Deviation is £86,827 with Total Sold: 179
    • The Last 5 Year average price is £277,842 with Total Sold: 38
    • The most recent sale happened at this postcode is , 38 LONGCROFT ROAD: £280,000 (Sold on 11 Apr 2024)
    • The first recorded sale happened at this postcode is , 160 ASHBURNHAM ROAD: £40,000 (Sold on 03 Apr 1995)
  • Detached
    • The average price is around £165,195 median price is £147,500 Standard Deviation is £79,587 with Total Sold: 23
    • The Last 5 Year average price is £302,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 158 ASHBURNHAM ROAD: £330,000 (Sold on 04 May 2023)
    • 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 £238,750 median price is £245,000 Standard Deviation is £151,426 with Total Sold: 4
    • The Last 5 Year average price is £145,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 162 ASHBURNHAM ROAD: £270,000 (Sold on 20 Apr 2021)
    • 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£339,625 £3,288 8
2023£340,846 £3,518 13
2022£327,045 £3,743 11
2021£298,900 £3,164 15
2020£280,706 £3,141 17
2019£262,800 £3,157 15
2018£271,192 £3,080 22
2017£265,484 £2,870 19
2016£239,090 £2,987 11
2015£187,742 £2,314 20
2014£184,362 £2,209 33
2013£158,688 £1,732 8
2012£156,750 £1,662 10
2011£144,042 £1,585 6
2010£145,982 £1,563 20
2009£155,933 £1,717 15
2008£165,031 £1,911 8
2007£166,154 £1,907 24
2006£143,290 £1,556 20
2005£143,825 £1,691 20
2004£133,092 £1,488 33
2003£127,431 £1,443 43
2002£97,085 £1,025 22
2001£79,681 £855 22
2000£70,701 £766 23
1999£59,106 £631 23
1998£51,359 £560 21
1997£47,697 £502 20
1996£44,450 £503 16
1995£39,561 £502 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,000 £3,721 3
2023£170,000 £1,954 1
2022£142,250 £2,967 6
2021£157,545 £2,971 11
2020£147,833 £3,218 6
2019£137,500 £2,577 2
2018£141,458 £2,573 6
2017£148,163 £4,135 21
2016£145,607 £3,281 23
2015£112,111 £1,898 9
2014£96,917 £1,621 9
2013£89,400 £1,473 5
2012£85,400 £1,394 5
2011£87,874 £1,468 8
2010£85,929 £1,503 7
2009£98,000 £1,152 2
2008£118,625 £1,816 4
2007£115,556 £1,904 9
2006£99,285 £1,829 7
2005£96,500 £1,652 8
2004£80,100 £1,403 10
2003£80,639 £1,453 10
2002£51,213 £954 7
2001£49,000 £1,121 3
2000£41,897 £735 5
1999£37,125 £650 4
1998£30,250 £540 2
1997£26,098 £555 2
1996£25,000 £424 1
1995£30,582 £428 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,250 £3,301 4
2023£322,571 £3,920 7
2022£290,000 £3,323 3
2021£280,688 £3,225 8
2020£271,562 £3,019 8
2019£228,375 £2,737 8
2018£243,500 £2,710 8
2017£242,100 £2,961 5
2015£185,553 £2,355 15
2014£174,017 £2,275 12
2013£148,500 £1,533 4
2012£133,200 £1,477 5
2011£137,438 £1,583 4
2010£146,999 £1,443 4
2008£148,332 £1,581 3
2007£158,750 £1,916 4
2006£151,750 £1,625 4
2005£125,500 £1,331 7
2004£131,889 £1,563 9
2003£132,899 £1,652 5
2002£96,624 £1,070 8
2001£77,571 £909 7
2000£70,583 £886 6
1999£57,300 £662 5
1998£51,374 £514 4
1997£45,833 £428 9
1996£42,532 £407 6
1995£38,821 £412 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£330,000 £2,391 1
2022£325,000 £3,824 1
2021£336,000 £3,666 1
2020£220,000 £2,750 1
2017£269,000 £3,009 1
2014£180,500 £1,969 1
2012£147,500 £1,650 1
2011£118,000 £2,106 1
2007£158,998 £2,175 2
2006£130,000 £1,625 1
2005£169,250 £1,681 2
2004£146,500 £1,420 2
2003£137,667 £1,768 3
2002£115,000 £833 1
2000£92,000 £730 1
1999£64,000 £941 1
1998£55,000 £613 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£270,000 £3,649 1
2020£20,0001
2016£445,0001
2014£220,0001

House Type in LU1 5QW area

The most common house types in the LU1 5QW postcode area are Semi-detached (79), Terraced (75), and Detached (4).

Total162
Semi-detached79
Terraced75
Detached4
Flat3
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 (69), and Owned: Owns with a mortgage or loan (41).

Social rented: Rents from council or Local Authority69
Owned: Owns with a mortgage or loan41
Owned: Owns outright27
Social rented: Other social rented13
Private rented: Private landlord or letting agency12
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LU1 5QW have 3 people in household (59), and 4 people in household (29).

3 people in household59
4 people in household29
1 person in household24
2 people in household22
5 people in household14
6 people in household9
7 people in household3
8 or more people in household2
0 people in household0