Housing Market Analysis for LUTON HIGH STREET, ME5 7LP

Are you looking to understand ME5 7LP 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 7LP area, explore the ME5 7LP Area information page.
For comprehensive crime statistics in the ME5 7LP area, explore the ME5 7LP Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £205,067 median price is £210,000 Standard Deviation is £87,397 with Total Sold: 9
    • The Last 5 Year average price is £210,514 with Total Sold: 7
    • The most recent sale happened at this postcode is 55 LUTON HIGH STREET: £140,000 (Sold on 21 Feb 2023)
    • The first recorded sale happened at this postcode is 57 - 59 LUTON HIGH STREET: £250,000 (Sold on 31 Aug 2018)
  • Flat
    • The average price is around £96,667 median price is £115,000 Standard Deviation is £33,250 with Total Sold: 3
    • The Last 5 Year average price is £120,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 47A LUTON HIGH STREET: £125,000 (Sold on 14 Jun 2023)
    • The first recorded sale happened at this postcode is FIRST FLOOR FLAT, 53 LUTON HIGH STREET: £50,000 (Sold on 20 Oct 2006)
  • Semi-Detached
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 47A LUTON HIGH STREET: £120,000 (Sold on 25 Nov 2016)
    • The first recorded sale happened at this postcode is 47A LUTON HIGH STREET: £120,000 (Sold on 25 Nov 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7LP 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£192,5002
2022£140,0003
2021£350,0001
2019£318,6001
2018£186,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£125,0001
2022£115,0001
2006£50,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£120,0001

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

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

AddressSold DatePrice% Change
55 LUTON HIGH STREETOther, Leasehold21 Feb 2023£140,00027.27%
07 Jan 2022£110,000First Sale
47A LUTON HIGH STREETFlat, Freehold14 Jun 2023£125,0002.46%
17 Dec 2018£122,0001.67%
25 Nov 2016£120,000First Sale
THE BARN, REAR OF HEN & CHICKS LUTON HIGH STREETOther, Freehold31 Jan 2023£245,000First Sale
47 LUTON HIGH STREETOther, Freehold16 May 2022£100,000First Sale
41 LUTON HIGH STREETOther, Freehold18 Feb 2022£210,000-34.09%
16 Jul 2019£318,600First Sale
FIRST FLOOR FLAT, 53 LUTON HIGH STREETFlat, Leasehold07 Jan 2022£115,000130.00%
20 Oct 2006£50,000First Sale
57 - 59 LUTON HIGH STREETOther, Freehold26 Oct 2021£350,00040.00%
31 Aug 2018£250,000First Sale

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

LUTON HIGH STREET, ME5 7LP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £116,684 median price is £110,000 Standard Deviation is £63,544 with Total Sold: 2,083
    • The Last 5 Year average price is £210,891 with Total Sold: 297
    • 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)
  • Semi-Detached
    • The average price is around £141,528 median price is £125,500 Standard Deviation is £84,155 with Total Sold: 698
    • The Last 5 Year average price is £258,797 with Total Sold: 109
    • The most recent sale happened at this postcode is , 311 BEACON ROAD: £312,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 33 CRESTWAY: £46,000 (Sold on 05 May 1995)
  • Flat
    • The average price is around £82,368 median price is £80,000 Standard Deviation is £45,094 with Total Sold: 647
    • The Last 5 Year average price is £127,390 with Total Sold: 110
    • The most recent sale happened at this postcode is FLAT 20, KINGSDALE COURT HOPEWELL DRIVE: £77,500 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 CONNAUGHT MEWS: £22,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £218,138 median price is £199,995 Standard Deviation is £153,032 with Total Sold: 191
    • The Last 5 Year average price is £409,850 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 £520,211 median price is £245,000 Standard Deviation is £1,143,596 with Total Sold: 39
    • The Last 5 Year average price is £592,386 with Total Sold: 22
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,225 £3,826 12
2023£223,662 £3,140 57
2022£239,156 £3,362 48
2021£219,184 £2,791 78
2020£184,800 £2,401 45
2019£183,500 £2,618 57
2018£187,906 £2,533 64
2017£178,223 £2,389 79
2016£169,298 £2,469 76
2015£138,581 £1,969 80
2014£135,487 £1,837 59
2013£113,856 £1,572 67
2012£118,649 £1,555 47
2011£111,788 £1,522 48
2010£100,924 £1,480 33
2009£111,189 £1,453 29
2008£123,576 £1,717 46
2007£131,749 £1,887 127
2006£118,948 £1,721 82
2005£116,587 £1,717 98
2004£109,391 £1,500 95
2003£95,199 £1,287 114
2002£75,804 £1,058 103
2001£61,951 £856 101
2000£53,041 £748 94
1999£41,895 £579 84
1998£41,401 £541 89
1997£37,084 £486 72
1996£36,164 £441 46
1995£34,160 £473 53
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,6628
2023£291,632 £4,044 19
2022£300,344 £3,844 16
2021£246,888 £3,003 26
2020£250,471 £3,581 17
2019£222,435 £2,947 23
2018£242,978 £3,222 23
2017£233,800 £3,259 20
2016£226,437 £2,881 15
2015£182,500 £2,203 22
2014£167,183 £2,145 15
2013£137,111 £1,844 9
2012£134,344 £1,652 16
2011£159,000 £2,066 15
2010£125,950 £1,662 10
2009£147,500 £1,973 14
2008£159,988 £2,053 17
2007£158,718 £2,005 35
2006£153,531 £2,022 32
2005£134,660 £2,113 28
2004£134,730 £1,689 26
2003£116,634 £1,677 36
2002£95,713 £1,325 46
2001£74,041 £1,075 32
2000£72,485 £922 23
1999£57,796 £813 35
1998£55,411 £688 34
1997£49,804 £697 46
1996£49,926 £602 29
1995£50,500 £707 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,833 £1,994 6
2023£123,750 £2,693 20
2022£129,100 £3,021 30
2021£145,331 £3,123 24
2020£122,607 £2,611 14
2019£115,216 £2,819 16
2018£119,738 £2,558 21
2017£123,239 £2,714 18
2016£98,473 £2,562 30
2015£95,077 £2,218 26
2014£79,852 £1,907 21
2013£68,042 £1,725 6
2012£84,001 £1,848 14
2011£102,082 £2,250 18
2010£79,374 £2,017 8
2009£80,375 £1,512 6
2008£100,917 £2,145 12
2007£96,005 £2,198 37
2006£88,150 £2,299 50
2005£87,237 £1,961 21
2004£81,157 £2,121 42
2003£67,218 £1,716 32
2002£49,191 £1,188 43
2001£41,347 £1,063 28
2000£36,054 £934 31
1999£28,532 £716 23
1998£27,327 £596 16
1997£23,786 £462 14
1996£25,055 £590 8
1995£27,041 £679 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £3,824 2
2023£892,500 £3,985 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£325,250 £3,350 12
2017£378,350 £3,031 10
2016£261,062 £2,998 8
2015£208,688 £2,499 8
2014£186,250 £2,133 4
2013£235,312 £2,293 8
2012£217,054 £2,131 18
2011£173,898 £2,115 5
2010£239,250 £2,487 4
2009£165,333 £2,134 3
2008£194,667 £1,880 3
2007£184,000 £2,070 7
2006£168,688 £1,469 8
2005£310,750 £3,160 4
2004£211,856 £2,170 7
2003£216,000 £1,355 6
2002£162,698 £1,319 10
2001£136,357 £1,270 7
2000£108,714 £966 7
1999£83,499 £883 11
1998£98,800 £972 5
1997£93,499 £678 9
1996£48,000 £435 6
1995£38,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,449,867 £7,696 6
2022£205,833 £4,904 6
2021£273,667 £3,177 3
2020£580,0002
2019£223,459 £2,767 5
2018£1,141,750 £17,631 4
2017£175,000 £2,508 8
2016£277,083 £1,604 3
2015£375,0001
2013£82,500 £1,251 1

House Type in ME5 7LP area

The most common house types in the ME5 7LP postcode area are Flat (47), Semi-detached (32), and Detached (22).

Total124
Flat47
Semi-detached32
Detached22
Terraced20
commercial building3
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright37
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency27
Social rented: Other social rented26
Social rented: Rents from council or Local Authority5
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7LP have 1 person in household (55), and 2 people in household (27).

1 person in household55
2 people in household27
3 people in household21
4 people in household12
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0