Housing Market Analysis for LU1 5RF

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU1 5RF 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.

    All the Sales in the LU1 5RF

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

    AddressSold DatePrice% Change

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

    LU1 5RF Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £162,166 median price is £150,000 Standard Deviation is £86,754 with Total Sold: 548
      • The Last 5 Year average price is £297,073 with Total Sold: 80
      • 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 £103,236 median price is £96,000 Standard Deviation is £45,114 with Total Sold: 188
      • 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 £160,511 median price is £160,000 Standard Deviation is £80,920 with Total Sold: 181
      • The Last 5 Year average price is £279,250 with Total Sold: 30
      • 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 , 111 WHIPPERLEY WAY: £44,000 (Sold on 17 Feb 1995)
    • Detached
      • The average price is around £141,950 median price is £140,000 Standard Deviation is £72,578 with Total Sold: 10
      • The Last 5 Year average price is £325,000 with Total Sold: 1
      • 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£345,000 £3,423 8
    2023£329,482 £3,602 14
    2022£293,938 £3,285 8
    2021£304,400 £3,304 20
    2020£272,662 £2,898 13
    2019£259,353 £3,098 17
    2018£276,594 £3,074 16
    2017£265,296 £2,983 26
    2016£222,932 £2,660 22
    2015£192,368 £2,327 20
    2014£184,841 £2,172 35
    2013£145,722 £1,532 9
    2012£160,042 £1,709 12
    2011£150,624 £1,569 10
    2010£149,797 £1,655 16
    2009£150,079 £1,699 19
    2008£168,625 £1,876 10
    2007£162,223 £1,899 21
    2006£146,282 £1,554 23
    2005£145,443 £1,676 21
    2004£135,608 £1,343 23
    2003£131,792 £1,396 33
    2002£90,242 £1,007 20
    2001£80,619 £882 25
    2000£74,249 £774 18
    1999£56,519 £568 23
    1998£51,802 £562 19
    1997£49,593 £542 16
    1996£44,534 £480 15
    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£86,000 £1,424 2
    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£33,800 £531 5
    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£320,500 £4,117 4
    2022£340,000 £3,879 2
    2021£265,857 £3,146 7
    2020£268,000 £2,833 5
    2019£244,625 £2,961 8
    2018£243,167 £2,573 9
    2017£230,600 £2,831 5
    2016£253,983 £2,725 3
    2015£183,171 £2,239 19
    2014£170,800 £2,202 14
    2013£151,250 £1,614 4
    2012£130,250 £1,430 4
    2011£140,958 £1,588 6
    2010£146,999 £1,443 4
    2008£144,999 £1,575 4
    2007£160,278 £2,123 9
    2006£152,938 £1,743 8
    2005£122,643 £1,212 7
    2004£125,714 £1,615 7
    2003£117,999 £1,782 4
    2002£91,333 £987 6
    2001£72,499 £883 6
    2000£70,499 £854 7
    1999£51,741 £644 6
    1998£56,249 £654 4
    1997£46,583 £509 6
    1996£45,698 £437 5
    1995£41,000 £570 4
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£325,000 £3,824 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
    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 5RF area

    The most common house types in the LU1 5RF 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 5RF 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