Housing Market Analysis for MORTIMER CLOSE, LU1 5RR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £163,187 median price is £165,250 Standard Deviation is £69,772 with Total Sold: 8
    • The Last 5 Year average price is £310,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MORTIMER CLOSE: £190,000 (Sold on 07 Aug 2015)
    • The first recorded sale happened at this postcode is 2 MORTIMER CLOSE: £310,000 (Sold on 05 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 5RR 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
2015£190,000 £2,209 1
2014£185,000 £2,176 1
2009£160,5001
2008£170,000 £1,977 1
2004£140,000 £1,628 1
2002£80,0001
1999£69,9951
2024£310,0001

All the Sales in the MORTIMER CLOSE, LU1 5RR

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

AddressSold DatePrice% Change
2 MORTIMER CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196607 Aug 2015£190,00011.76%
25 Jan 2008£170,00021.43%
03 Sep 2004£140,000-54.84%
05 Aug 2024£310,000First Sale
1 MORTIMER CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196631 Oct 2014£185,000First Sale
4 MORTIMER CLOSESemi-Detached, Freehold29 Oct 2009£160,500100.62%
15 Mar 2002£80,000First Sale
6 MORTIMER CLOSESemi-Detached, Freehold26 Nov 1999£69,995First Sale

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

MORTIMER CLOSE, LU1 5RR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £148,170 median price is £142,000 Standard Deviation is £83,532 with Total Sold: 464
    • The Last 5 Year average price is £292,125 with Total Sold: 64
    • 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 , 41 RUNLEY ROAD: £34,000 (Sold on 03 Mar 1995)
  • Flat
    • The average price is around £114,414 median price is £98,000 Standard Deviation is £66,797 with Total Sold: 35
    • The Last 5 Year average price is £209,857 with Total Sold: 7
    • 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 , 3 SUMMERFIELD ROAD: £38,000 (Sold on 30 Jul 1999)
  • Terraced
    • The average price is around £127,564 median price is £125,000 Standard Deviation is £77,631 with Total Sold: 403
    • The Last 5 Year average price is £270,576 with Total Sold: 46
    • 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 , 52 RUNLEY ROAD: £35,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £212,583 median price is £175,750 Standard Deviation is £85,772 with Total Sold: 6
    • The Last 5 Year average price is £330,500 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 , 23 THE PYGHTLE: £145,000 (Sold on 16 Apr 2003)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,625 £3,153 8
2023£327,375 £3,547 8
2022£319,250 £3,673 8
2021£282,733 £3,152 15
2020£279,857 £3,146 14
2019£258,818 £3,156 11
2018£272,750 £3,293 12
2017£265,733 £2,883 15
2016£229,167 £2,752 6
2015£178,807 £2,253 13
2014£175,629 £2,074 19
2013£158,688 £1,732 8
2012£155,100 £1,731 5
2011£133,150 £1,479 5
2010£145,243 £1,580 15
2009£154,850 £1,610 10
2008£162,000 £1,988 7
2007£161,488 £1,925 26
2006£144,771 £1,639 24
2005£145,737 £1,690 19
2004£134,743 £1,489 29
2003£127,416 £1,468 35
2002£94,495 £1,040 22
2001£77,041 £857 24
2000£68,306 £773 20
1999£59,896 £633 15
1998£49,067 £542 23
1997£45,913 £508 18
1996£44,453 £514 17
1995£36,538 £464 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,000 £3,721 2
2022£185,000 £2,323 2
2021£213,000 £2,824 3
2017£119,995 £2,500 1
2016£140,000 £2,121 1
2015£100,000 £2,045 1
2013£86,250 £1,578 2
2012£98,000 £1,485 1
2011£107,998 £1,642 2
2010£83,000 £1,697 1
2009£130,0001
2008£116,833 £1,816 3
2007£130,250 £1,956 2
2006£100,5002
2005£91,000 £1,740 2
2004£85,333 £1,627 3
2002£38,667 £744 3
2000£34,500 £719 1
1999£37,750 £950 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,333 £3,301 3
2023£307,778 £3,704 9
2022£270,143 £3,321 7
2021£287,500 £3,194 9
2020£266,000 £2,826 10
2019£211,000 £2,351 8
2018£220,455 £2,649 11
2017£240,036 £2,979 14
2016£202,600 £2,323 5
2015£172,764 £2,155 11
2014£162,191 £2,159 12
2013£146,066 £1,710 9
2012£134,929 £1,583 7
2011£135,571 £2,070 7
2010£154,250 £1,592 4
2009£126,625 £1,606 4
2008£155,000 £1,643 6
2007£155,539 £1,733 19
2006£137,972 £1,768 18
2005£132,806 £1,536 22
2004£128,139 £1,538 28
2003£117,877 £1,352 22
2002£87,461 £1,029 20
2001£72,203 £867 23
2000£62,882 £761 17
1999£50,406 £632 16
1998£44,575 £544 22
1997£39,149 £435 25
1996£36,291 £405 17
1995£36,194 £422 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£325,000 £3,824 1
2021£336,000 £3,666 1
2014£180,500 £1,969 1
2011£118,000 £2,106 1
2005£171,000 £1,866 1
2003£145,000 £1,582 1

House Type in LU1 5RR area

The most common house types in the LU1 5RR postcode area are Semi-detached (89), Terraced (32), and Detached (2).

Total123
Semi-detached89
Terraced32
Detached2
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (49), and Owned: Owns outright (26).

Owned: Owns with a mortgage or loan49
Owned: Owns outright26
Social rented: Rents from council or Local Authority24
Private rented: Private landlord or letting agency18
Social rented: Other social rented4
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 5RR have 2 people in household (26), and 3 people in household (21).

2 people in household26
3 people in household21
1 person in household19
4 people in household18
5 people in household18
6 people in household7
7 people in household6
8 or more people in household6
0 people in household0