LU1 5BB is a residential postcode situated on Adelaide Street, Luton, LU1 with 35 addresses.
It ranks as the 550th largest and 253rd most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 35 properties: 8 houses and 27 flats.
LU1 5BB is a residential postcode situated on Adelaide Street, Luton, LU1 with 35 addresses.
It ranks as the 550th largest and 253rd most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 35 properties: 8 houses and 27 flats.
Sale prices range from £114,279 for 1 bedroom leasehold flats with a garden (376 ft2) to £204,421 for 2 bedroom freehold houses with a garden (441 ft2) .
Monthly rental prices range from £737 pcm for 1 bed flats to £1,205 pcm for 2 bed houses.
The gross rental yield is between 6.5% and 7.9%.
The average value per square foot is £303.
The last sale in LU1 5BB sold for £125,000 on 10th October 2006. Since then prices are down an average of 0.0%.
The current average value in the postcode is £159,383.
The LU1 5BB Sales Market has increased by 19.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £159,383 |
| April 2025 | 1.8% | £157,061 |
| April 2024 | -0.6% | £154,245 |
| April 2023 | 1.1% | £155,233 |
| April 2022 | 4.7% | £153,514 |
| April 2021 | 4% | £146,568 |
| April 2020 | 1.6% | £140,984 |
| April 2019 | -6.1% | £138,699 |
| April 2018 | 1.9% | £147,766 |
| April 2017 | 8.3% | £144,954 |
| April 2016 | 23.3% | £133,904 |
| April 2015 | 10.8% | £108,573 |
| April 2014 | 6.9% | £98,016 |
| April 2013 | 1.7% | £91,687 |
| April 2012 | -0.3% | £90,153 |
| April 2011 | 1.3% | £90,432 |
| April 2010 | 1% | £89,253 |
| April 2009 | -17.3% | £88,339 |
| April 2008 | -0.9% | £106,858 |
| April 2007 | 0% | £107,795 |
The current average rental value in the postcode is £955.
The LU1 5BB Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £955pcm |
| April 2025 | 1.4% | £937pcm |
| April 2024 | 9.6% | £924pcm |
| April 2023 | 13.6% | £843pcm |
| April 2022 | 7.3% | £742pcm |
| April 2021 | 0.5% | £691pcm |
| April 2020 | -1.3% | £688pcm |
| April 2019 | 0% | £697pcm |
| April 2018 | -3.5% | £697pcm |
| April 2017 | 4.7% | £722pcm |
| April 2016 | 8.7% | £690pcm |
| April 2015 | 9% | £635pcm |
| April 2014 | 2.6% | £582pcm |
| April 2013 | 0.2% | £568pcm |
| April 2012 | 0.9% | £566pcm |
| April 2011 | 1.9% | £561pcm |
| April 2010 | 0.6% | £551pcm |
| April 2009 | -7.3% | £548pcm |
| April 2008 | 1.9% | £591pcm |
| April 2007 | 0% | £580pcm |
The last sale was on 10th October 2006 for £125,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
LU1 5BB has seen no sales in the last three years and no sales in the last twelve months.
LU1 5BB is the 550th largest and the 253rd most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 5BB is Luton station which is 700 metres away.
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