LU1 5GB is a residential postcode situated on Hastings Street, Luton, LU1 with 18 addresses.
It ranks as the 369th largest and 89th 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 18 properties: 18 flats.
LU1 5GB is a residential postcode situated on Hastings Street, Luton, LU1 with 18 addresses.
It ranks as the 369th largest and 89th 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 18 properties: 18 flats.
Sale prices range from £116,489 for 1 bedroom leasehold flats (398 ft2) to £157,034 for 2 bedroom leasehold flats (548 ft2) .
Monthly rental prices range from £737 pcm for 1 bed flats to £941 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 7.6%.
The average value per square foot is £293.
The last sale in LU1 5GB sold for £500,000 on 3rd May 2016. Since then prices are down an average of 0.0%.
The current average value in the postcode is £132,257.
The LU1 5GB Sales Market has increased by 15.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £132,257 |
| April 2025 | 1.5% | £129,929 |
| April 2024 | -0.2% | £127,951 |
| April 2023 | 0.5% | £128,259 |
| April 2022 | 3.3% | £127,639 |
| April 2021 | 3.3% | £123,560 |
| April 2020 | 1.3% | £119,578 |
| April 2019 | -6.4% | £118,089 |
| April 2018 | 1.5% | £126,104 |
| April 2017 | 8.1% | £124,254 |
| April 2016 | 22.8% | £114,948 |
| April 2015 | 10.8% | £93,612 |
| April 2014 | 6.8% | £84,485 |
| April 2013 | 1.2% | £79,109 |
| April 2012 | -0.8% | £78,175 |
| April 2011 | 1.3% | £78,826 |
| April 2010 | 0.4% | £77,844 |
| April 2009 | -17.3% | £77,529 |
| April 2008 | -1% | £93,751 |
| April 2007 | 0% | £94,742 |
The current average rental value in the postcode is £816.
The LU1 5GB Rental Market has increased by 33.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £816pcm |
| April 2025 | 1.1% | £799pcm |
| April 2024 | 10.1% | £790pcm |
| April 2023 | 12.9% | £717pcm |
| April 2022 | 5.8% | £635pcm |
| April 2021 | -0.1% | £600pcm |
| April 2020 | -1.7% | £601pcm |
| April 2019 | -0.2% | £611pcm |
| April 2018 | -4% | £613pcm |
| April 2017 | 4.5% | £638pcm |
| April 2016 | 8.2% | £610pcm |
| April 2015 | 9% | £564pcm |
| April 2014 | 2.5% | £517pcm |
| April 2013 | -0.3% | £504pcm |
| April 2012 | 0.4% | £506pcm |
| April 2011 | 1.8% | £504pcm |
| April 2010 | 0% | £495pcm |
| April 2009 | -7.3% | £495pcm |
| April 2008 | 1.7% | £534pcm |
| April 2007 | 0% | £525pcm |
The last sale was on 3rd May 2016 for £500,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
LU1 5GB has seen no sales in the last three years and no sales in the last twelve months.
LU1 5GB is the 369th largest and the 89th most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 5GB is Luton station which is 700 metres away.
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