Housing Market Analysis for LUTON HIGH STREET, ME5 7LE

Are you looking to understand ME5 7LE 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 Medway postcode.

For the location information and nearby amenities in the ME5 7LE area, explore the ME5 7LE Area information page.
For comprehensive crime statistics in the ME5 7LE area, explore the ME5 7LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 7LE postcode area, The average prices are as follows,

Terraced
- The average price is around £133,648 median price is £112,000 Standard Deviation is £74,887 with Total Sold: 27
- The Last 5 Year average price is £238,143 with Total Sold: 7
- The most recent sale happened at this postcode is 27 LUTON HIGH STREET: £195,000 (Sold on 19 Sep 2023)
- The first recorded sale happened at this postcode is 11 LUTON HIGH STREET: £28,000 (Sold on 14 Aug 1997)
Other
- The average price is around £140,000 median price is £140,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 33A LUTON HIGH STREET: £140,000 (Sold on 08 Feb 2017)
- The first recorded sale happened at this postcode is 33A LUTON HIGH STREET: £140,000 (Sold on 08 Feb 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7LE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£248,333	£2,913	3
2022	£273,500	£2,696	2
2021	£205,000	£2,030	1
2020	£170,000	£2,073	1
2016	£182,000	£1,999	2
2015	£112,000	£1,705	1
2011	£82,000	£1,188	1
2007	£114,250	£1,482	2
2006	£134,000	£1,426	1
2005	£142,000	£1,268	1
2004	£105,000	£1,438	1
2003	£88,500	£1,185	5
2002	£80,000	£851	1
2000	£73,250		2
1998	£38,500	£513	2
1997	£28,000	£341	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£140,000		1

All the Sales in the LUTON HIGH STREET, ME5 7LE

See the table below for more details on the sold house prices in the ME5 7LE, Medway postcode.

Address	Sold Date	Price	% Change
27 LUTON HIGH STREETTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	19 Sep 2023	£195,000	137.80%
	12 Jan 2011	£82,000	First Sale
5 LUTON HIGH STREETTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	20 Jan 2023	£275,000	0.0
	20 Jan 2023	£275,000	130.13%
	22 Dec 2003	£119,500	First Sale
7 LUTON HIGH STREETTerraced, FreeholdArea: 92 Sq.mtrAge: 1930-1949	15 Jul 2022	£262,000	37.17%
	26 May 2016	£191,000	First Sale
9 LUTON HIGH STREETTerraced, FreeholdArea: 112 Sq.mtrAge: 1900-1929	28 Jan 2022	£285,000	100.70%
	30 Aug 2005	£142,000	First Sale
1 LUTON HIGH STREETTerraced, FreeholdArea: 101 Sq.mtrAge: 1900-1929	26 Feb 2021	£205,000	52.99%
	29 Sep 2006	£134,000	67.50%
	15 Mar 2002	£80,000	First Sale
11 LUTON HIGH STREETTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	07 Feb 2020	£170,000	91.01%
	30 Jun 2003	£89,000	85.42%
	20 Nov 1998	£48,000	71.43%
	14 Aug 1997	£28,000	First Sale
33A LUTON HIGH STREETOther, Freehold	08 Feb 2017	£140,000	First Sale
3 LUTON HIGH STREETTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	22 Feb 2016	£173,000	38.40%
	14 Sep 2007	£125,000	First Sale
29 LUTON HIGH STREETTerraced, FreeholdArea: 65.7 Sq.mtrAge: 1900-1929	19 Oct 2015	£112,000	8.21%
	28 Feb 2007	£103,500	256.90%
	30 Apr 1998	£29,000	First Sale
15 LUTON HIGH STREETTerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	05 Nov 2004	£105,000	First Sale
THE FLAT, 37 LUTON HIGH STREETTerraced, Freehold	02 May 2003	£75,000	-6.25%
THE FLAT, 37 LUTON HIGH STREETTerraced, Freehold	28 Feb 2000	£80,000	First Sale
35 LUTON HIGH STREETTerraced, Freehold	02 May 2003	£59,000	-11.28%
35 LUTON HIGH STREETTerraced, Freehold	05 Dec 2000	£66,500	First Sale
39 LUTON HIGH STREETTerraced, Freehold	13 Jan 2003	£100,000	First Sale

Check out the sold house prices near the ME5 7LE postcode. Properties currently for saleProperties currently for rent

LUTON HIGH STREET, ME5 7LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 7LE 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 ME5 7LE postcode.

Flat
- The average price is around £82,770 median price is £80,000 Standard Deviation is £45,204 with Total Sold: 695
- The Last 5 Year average price is £129,017 with Total Sold: 115
- The most recent sale happened at this postcode is FLAT 8, FLORENCE HOUSE 130A BEACON ROAD: £114,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 5 CONNAUGHT MEWS: £22,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £135,823 median price is £120,000 Standard Deviation is £82,472 with Total Sold: 601
- The Last 5 Year average price is £250,509 with Total Sold: 89
- The most recent sale happened at this postcode is , 17 BRACKEN LEA: £255,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 1 OLIVER CLOSE: £28,000 (Sold on 16 Feb 1995)
Terraced
- The average price is around £116,140 median price is £110,000 Standard Deviation is £64,047 with Total Sold: 2,531
- The Last 5 Year average price is £212,212 with Total Sold: 353
- The most recent sale happened at this postcode is , 206 UPPER LUTON ROAD: £243,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 173 CONSTITUTION ROAD: £37,500 (Sold on 10 Jan 1995)
Detached
- The average price is around £206,125 median price is £196,000 Standard Deviation is £109,126 with Total Sold: 187
- The Last 5 Year average price is £351,350 with Total Sold: 20
- The most recent sale happened at this postcode is , 4 CAPSTONE ROAD: £275,000 (Sold on 07 Feb 2024)
- The first recorded sale happened at this postcode is , 181 BEACON ROAD: £38,000 (Sold on 29 Sep 1995)
Other
- The average price is around £338,181 median price is £247,500 Standard Deviation is £556,484 with Total Sold: 50
- The Last 5 Year average price is £302,572 with Total Sold: 25
- The most recent sale happened at this postcode is UNIT 4, DAJEN BUSINESS PARK SECOND AVENUE: £335,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is , 21 WARD VIEW: £82,500 (Sold on 29 Apr 2013)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£104,429	£1,994	7
2023	£123,750	£2,693	20
2022	£131,710	£3,030	31
2021	£149,613	£3,105	26
2020	£119,964	£2,468	14
2019	£116,380	£2,781	17
2018	£119,750	£2,555	22
2017	£126,764	£2,553	22
2016	£100,225	£2,525	32
2015	£96,000	£2,204	27
2014	£79,343	£1,852	23
2013	£68,042	£1,725	6
2012	£84,201	£1,786	15
2011	£98,274	£2,203	20
2010	£79,374	£2,017	8
2009	£80,375	£1,512	6
2008	£100,917	£2,145	12
2007	£96,404	£2,119	40
2006	£88,606	£2,283	52
2005	£88,708	£2,010	24
2004	£81,586	£2,068	48
2003	£67,191	£1,704	34
2002	£50,494	£1,157	46
2001	£40,762	£996	31
2000	£36,208	£918	32
1999	£29,278	£715	26
1998	£26,118	£527	19
1997	£23,786	£462	14
1996	£25,055	£590	8
1995	£26,653	£672	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,344		8
2023	£289,417	£3,946	12
2022	£295,821	£3,634	14
2021	£238,231	£2,871	22
2020	£247,600	£3,744	10
2019	£216,391	£2,751	23
2018	£223,933	£2,956	15
2017	£228,861	£3,224	18
2016	£226,444	£2,787	17
2015	£174,118	£2,073	17
2014	£161,364	£1,965	11
2013	£135,667	£1,684	6
2012	£133,864	£1,481	11
2011	£156,917	£1,866	12
2010	£123,278	£1,656	9
2009	£141,091	£1,924	11
2008	£161,800	£1,922	20
2007	£152,578	£2,025	34
2006	£143,333	£1,896	27
2005	£133,615	£1,924	26
2004	£126,586	£1,526	23
2003	£111,190	£1,582	28
2002	£93,130	£1,235	39
2001	£77,032	£1,004	34
2000	£73,579	£887	21
1999	£58,979	£761	30
1998	£55,808	£669	26
1997	£47,410	£666	39
1996	£47,457	£590	27
1995	£45,523	£673	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£221,821	£3,277	24
2023	£232,064	£3,079	66
2022	£236,568	£3,326	60
2021	£216,258	£2,736	88
2020	£183,906	£2,379	53
2019	£182,242	£2,497	62
2018	£188,230	£2,502	74
2017	£179,640	£2,376	97
2016	£168,942	£2,425	92
2015	£142,744	£1,880	99
2014	£137,432	£1,774	77
2013	£114,429	£1,540	73
2012	£115,690	£1,482	54
2011	£108,224	£1,479	55
2010	£103,481	£1,449	40
2009	£108,083	£1,392	39
2008	£123,008	£1,682	58
2007	£131,223	£1,846	142
2006	£126,055	£1,661	115
2005	£116,259	£1,647	110
2004	£111,159	£1,466	117
2003	£92,858	£1,253	125
2002	£75,783	£1,029	120
2001	£61,570	£873	124
2000	£55,487	£732	129
1999	£43,132	£569	111
1998	£41,021	£544	102
1997	£36,916	£480	92
1996	£36,681	£440	68
1995	£32,408	£429	65

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000	£3,824	2
2023	£307,500	£3,975	2
2022	£488,750	£4,018	4
2021	£354,900	£4,130	5
2020	£361,250	£3,672	2
2019	£272,000	£2,970	5
2018	£313,538	£3,270	13
2017	£296,850	£3,045	10
2016	£265,249	£2,779	6
2015	£205,250	£2,468	10
2014	£186,250	£2,133	4
2013	£227,187	£2,214	8
2012	£217,054	£2,131	18
2011	£173,898	£2,115	5
2010	£239,250	£2,487	4
2009	£159,500	£2,165	2
2008	£194,667	£1,880	3
2007	£176,444	£2,096	9
2006	£172,167	£1,560	9
2005	£280,600	£2,986	5
2004	£230,000	£2,158	5
2003	£230,250	£1,775	4
2002	£125,749	£1,559	8
2001	£126,688	£1,340	8
2000	£108,714	£966	7
1999	£74,722	£788	9
1998	£92,999	£937	5
1997	£96,937	£678	8
1996	£48,000	£435	6
1995	£38,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£456,200	£7,696	5
2022	£205,833	£4,904	6
2021	£256,200	£3,177	5
2020	£580,000		2
2019	£229,614	£3,024	7
2018	£680,562	£8,936	8
2017	£186,889	£2,508	9
2016	£273,649	£1,604	5
2015	£383,750		2
2013	£82,500	£1,251	1

House Type in ME5 7LE area

The most common house types in the ME5 7LE postcode area are Flat (44), Terraced (42), and Semi-detached (28).

Total	127
Flat	44
Terraced	42
Semi-detached	28
Detached	8
commercial building	3
Shared house	2
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (69), and Social rented: Rents from council or Local Authority (12).

Social rented: Other social rented	69
Social rented: Rents from council or Local Authority	12
Private rented: Private landlord or letting agency	12
Owned: Owns outright	11
Shared ownership: Shared ownership	11
Owned: Owns with a mortgage or loan	9
Private rented: Other private rented	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7LE have 1 person in household (59), and 2 people in household (28).

1 person in household	59
2 people in household	28
3 people in household	16
4 people in household	12
5 people in household	5
6 people in household	5
7 people in household	2
8 or more people in household	1
0 people in household	0