Housing Market Analysis for MARKET SQUARE, LU1 5RD

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £111,364 median price is £115,000 Standard Deviation is £49,094 with Total Sold: 11
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 34 MARKET SQUARE: £170,000 (Sold on 07 Jul 2023)
    • The first recorded sale happened at this postcode is 24 MARKET SQUARE: £31,000 (Sold on 03 Nov 1995)
  • Terraced
    • The average price is around £109,449 median price is £94,750 Standard Deviation is £33,584 with Total Sold: 5
    • The Last 5 Year average price is £176,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 37 MARKET SQUARE: £176,000 (Sold on 18 Jun 2021)
    • The first recorded sale happened at this postcode is 26 MARKET SQUARE: £86,500 (Sold on 10 Feb 2005)
  • Other
    • The average price is around £20,000 median price is £20,000 Standard Deviation is £0 with Total Sold: 1
    • 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 7 MARKET SQUARE: £20,000 (Sold on 11 Sep 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5RD 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
2023£170,000 £1,954 1
2018£160,000 £1,758 1
2016£190,000 £2,065 1
2015£130,000 £1,494 1
2013£115,000 £1,250 1
2007£109,000 £1,044 2
2004£86,5002
2001£38,0001
1995£31,000 £341 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£176,000 £1,956 1
2011£94,750 £1,053 1
2008£99,995 £1,094 1
2005£88,250 £973 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£20,0001

All the Sales in the MARKET SQUARE, LU1 5RD

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

AddressSold DatePrice% Change
34 MARKET SQUAREFlat, LeaseholdArea: 87 Sq.mtrAge: 1930-194907 Jul 2023£170,00030.77%
31 Mar 2015£130,000First Sale
37 MARKET SQUARETerraced, LeaseholdArea: 90 Sq.mtrAge: 1950-196618 Jun 2021£176,00085.75%
29 Jul 2011£94,7505.28%
23 Feb 2005£90,000First Sale
7 MARKET SQUAREOther, Leasehold11 Sep 2020£20,000First Sale
24 MARKET SQUAREFlat, LeaseholdArea: 91 Sq.mtrAge: 1950-196610 Jul 2018£160,00068.42%
16 Nov 2007£95,000206.45%
03 Nov 1995£31,000First Sale
26 MARKET SQUAREFlat, LeaseholdArea: 92 Sq.mtrAge: 1950-196630 Aug 2016£190,00065.22%
09 Aug 2013£115,00015.01%
29 Feb 2008£99,99515.60%
10 Feb 2005£86,500First Sale
31 MARKET SQUAREFlat, Leasehold12 Oct 2007£123,00017.14%
20 Jul 2004£105,000First Sale
6 MARKET SQUAREFlat, Leasehold02 Jul 2004£68,000First Sale
8 MARKET SQUAREFlat, Leasehold01 May 2001£38,000First Sale

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

MARKET SQUARE, LU1 5RD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £157,779 median price is £148,500 Standard Deviation is £86,045 with Total Sold: 715
    • The Last 5 Year average price is £294,914 with Total Sold: 106
    • 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 , 13 ROTHERHAM AVENUE: £44,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £107,869 median price is £105,000 Standard Deviation is £45,567 with Total Sold: 224
    • The Last 5 Year average price is £157,406 with Total Sold: 32
    • 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 £154,310 median price is £148,000 Standard Deviation is £81,559 with Total Sold: 314
    • The Last 5 Year average price is £270,651 with Total Sold: 53
    • 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 £172,510 median price is £147,750 Standard Deviation is £89,161 with Total Sold: 24
    • The Last 5 Year average price is £322,438 with Total Sold: 4
    • 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£339,444 £3,423 9
2023£330,264 £3,545 18
2022£300,393 £3,610 14
2021£301,500 £3,302 22
2020£268,219 £3,036 21
2019£263,182 £3,091 22
2018£274,875 £3,127 20
2017£264,730 £2,986 27
2016£223,195 £2,683 23
2015£192,058 £2,339 23
2014£183,340 £2,123 41
2013£148,444 £1,559 9
2012£159,607 £1,774 14
2011£150,250 £1,609 13
2010£145,438 £1,589 21
2009£150,079 £1,699 19
2008£166,717 £1,876 15
2007£163,558 £1,971 29
2006£146,310 £1,680 29
2005£146,136 £1,730 28
2004£134,988 £1,459 38
2003£127,130 £1,438 50
2002£94,001 £1,062 27
2001£82,468 £940 32
2000£71,895 £836 29
1999£58,498 £610 29
1998£52,390 £582 27
1997£48,822 £533 24
1996£43,990 £487 23
1995£41,462 £479 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,000 £3,721 3
2023£170,000 £1,954 1
2022£147,875 £2,890 8
2021£157,545 £2,971 11
2020£147,833 £3,218 6
2019£143,667 £2,557 3
2018£145,536 £2,573 7
2017£149,383 £4,084 22
2016£145,607 £3,281 23
2015£112,400 £1,893 10
2014£96,725 £1,650 10
2013£89,400 £1,473 5
2012£85,400 £1,394 5
2011£86,999 £1,484 9
2010£95,188 £1,544 8
2009£100,667 £1,424 3
2008£110,100 £1,816 5
2007£116,800 £1,929 10
2006£100,624 £1,830 8
2005£96,500 £1,652 8
2004£80,208 £1,408 12
2003£80,639 £1,453 10
2002£54,721 £986 9
2001£51,700 £1,064 5
2000£41,897 £735 5
1999£38,624 £662 8
1998£35,667 £537 3
1997£26,098 £555 2
1996£25,000 £424 1
1995£35,436 £464 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,000 £3,415 3
2023£321,636 £4,259 11
2022£290,600 £3,771 5
2021£259,250 £3,234 12
2020£252,350 £3,108 10
2019£231,167 £2,852 12
2018£244,929 £2,729 14
2017£238,318 £3,063 11
2016£244,390 £2,955 5
2015£182,284 £2,358 22
2014£174,668 £2,243 19
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£133,337 £1,649 17
2004£133,000 £1,691 13
2003£107,570 £1,959 7
2002£92,146 £1,228 17
2001£74,635 £1,034 11
2000£67,408 £982 11
1999£57,131 £759 11
1998£54,091 £732 6
1997£45,781 £607 16
1996£45,599 £541 12
1995£43,094 £593 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£366,875 £3,644 2
2021£336,000 £3,666 1
2020£220,000 £2,750 1
2017£273,000 £3,215 2
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£99,999 £1,562 1
2000£92,000 £730 1
1999£64,000 £941 1
1998£55,000 £613 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£20,0001
2016£445,0001
2014£220,0001

House Type in LU1 5RD area

The most common house types in the LU1 5RD postcode area are Flat (57), commercial building (9), and Terraced (5).

Total75
Flat57
commercial building9
Terraced5
Semi-detached4
Detached0
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 (43), and Private rented: Private landlord or letting agency (10).

Social rented: Rents from council or Local Authority43
Private rented: Private landlord or letting agency10
Owned: Owns outright9
Social rented: Other social rented9
Owned: Owns with a mortgage or loan5
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the LU1 5RD have 1 person in household (41), and 2 people in household (16).

1 person in household41
2 people in household16
4 people in household7
3 people in household5
5 people in household4
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0