LU1 5FS is a residential postcode situated on Farley Meadows, Luton, LU1 with 71 addresses.
It ranks as the 784th largest and 594th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 71 properties: 71 houses.
LU1 5FS is a residential postcode situated on Farley Meadows, Luton, LU1 with 71 addresses.
It ranks as the 784th largest and 594th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 71 properties: 71 houses.
Sale prices range from £299,394 for 3 bedroom leasehold houses with a garden (753 ft2) to £409,030 for 4 bedroom freehold houses with a garden (1,313 ft2) .
Monthly rental prices range from £1,493 pcm for 3 bed houses to £1,762 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 6.0%.
The average value per square foot is £374.
The last sale in LU1 5FS sold for £305,000 on 20th January 2025. Since then prices are up an average of 2.4%.
The current average value in the postcode is £326,159.
The LU1 5FS Sales Market has increased by 29.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £326,159 |
| April 2025 | 2.7% | £321,372 |
| April 2024 | -1.4% | £312,859 |
| April 2023 | 2.2% | £317,254 |
| April 2022 | 7.6% | £310,288 |
| April 2021 | 6.8% | £288,444 |
| April 2020 | 1.7% | £270,090 |
| April 2019 | -4.7% | £265,551 |
| April 2018 | 2.8% | £278,686 |
| April 2017 | 7.7% | £271,106 |
| April 2016 | 22.8% | £251,616 |
| April 2015 | 10.3% | £204,876 |
| April 2014 | 7.4% | £185,761 |
| April 2013 | 6.3% | £172,920 |
| April 2012 | 2% | £162,748 |
| April 2011 | 1% | £159,550 |
| April 2010 | 5.3% | £157,950 |
| April 2009 | -17.4% | £150,070 |
| April 2008 | 0% | £181,719 |
| April 2007 | 0% | £181,799 |
The current average rental value in the postcode is £1,567.
The LU1 5FS Rental Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,567pcm |
| April 2025 | 2.3% | £1,537pcm |
| April 2024 | 8.8% | £1,503pcm |
| April 2023 | 14.9% | £1,381pcm |
| April 2022 | 10.2% | £1,202pcm |
| April 2021 | 3.2% | £1,091pcm |
| April 2020 | -1.2% | £1,057pcm |
| April 2019 | 1.5% | £1,070pcm |
| April 2018 | -2.7% | £1,054pcm |
| April 2017 | 4.2% | £1,083pcm |
| April 2016 | 8.3% | £1,040pcm |
| April 2015 | 8.5% | £960pcm |
| April 2014 | 3.1% | £885pcm |
| April 2013 | 4.7% | £858pcm |
| April 2012 | 3.3% | £820pcm |
| April 2011 | 1.6% | £794pcm |
| April 2010 | 4.8% | £782pcm |
| April 2009 | -7.4% | £746pcm |
| April 2008 | 2.7% | £805pcm |
| April 2007 | 0% | £784pcm |
The last sale was on 20th January 2025 for £305,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 32 sales since 1995.
LU1 5FS has seen 4 sales in the last three years and no sales in the last twelve months.
LU1 5FS is the 784th largest and the 594th most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 5FS is Luton station which is 2.1 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LU1 5FS, 51.4% of property is socially rented and 22.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LU1 5FS, 33.3% of residents are recorded as possessing school level qualifications and 25.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LU1 5FS, the average age was 34.4 and the most common age was 12.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LU1 5FS, 1.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LU1 5FS, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.