Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LU1 5LLHouse Prices / East of England, Luton, Richards Close
Last updated May 2026
Key Postcode Insights
LU1 5LL is a residential postcode situated on Richards Close, Luton, LU1 with 4 addresses.
It ranks as the 88th largest and 551st most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
LU1 5LL is a residential postcode situated on Richards Close, Luton, LU1 with 4 addresses.
It ranks as the 88th largest and 551st most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Get a Fast Offer
for your property
House Pricesin LU1 5LL
Sale prices range from £293,265 for 3 bedroom freehold houses with a garden (904 ft2) to £382,021 for 4 bedroom freehold houses with a garden (1,442 ft2) .
Monthly rental prices range from £1,546 pcm for 3 bed houses to £1,765 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 6.3%.
The average value per square foot is £323.
Average Sale Value
£321,629
Average Rental Value
£1,624 pcm
Average Rental Yield
6.1% /year
Average Value Per Sqft
£323 /ft2
Sales Market Trendsin LU1 5LL
The last sale in LU1 5LL sold for £300,000 on 20th March 2025. Since then prices are up an average of 1.8%.
The current average value in the postcode is £321,629.
The LU1 5LL Sales Market has increased by 29.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £321,629 |
| April 2025 | 2.7% | £316,909 |
| April 2024 | -1.4% | £308,514 |
| April 2023 | 2.2% | £312,848 |
| April 2022 | 7.6% | £305,979 |
| April 2021 | 6.8% | £284,438 |
| April 2020 | 1.7% | £266,340 |
| April 2019 | -4.7% | £261,863 |
| April 2018 | 2.8% | £274,816 |
| April 2017 | 7.7% | £267,341 |
| April 2016 | 22.8% | £248,121 |
| April 2015 | 10.3% | £202,031 |
| April 2014 | 7.4% | £183,181 |
| April 2013 | 6.3% | £170,519 |
| April 2012 | 2% | £160,488 |
| April 2011 | 1% | £157,335 |
| April 2010 | 5.3% | £155,756 |
| April 2009 | -17.4% | £147,986 |
| April 2008 | 0% | £179,195 |
| April 2007 | 0% | £179,274 |
Rental Market Trendsin LU1 5LL
The current average rental value in the postcode is £1,624.
The LU1 5LL Rental Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,624pcm |
| April 2025 | 2.3% | £1,593pcm |
| April 2024 | 8.8% | £1,557pcm |
| April 2023 | 14.9% | £1,431pcm |
| April 2022 | 10.2% | £1,245pcm |
| April 2021 | 3.2% | £1,131pcm |
| April 2020 | -1.2% | £1,095pcm |
| April 2019 | 1.5% | £1,109pcm |
| April 2018 | -2.7% | £1,092pcm |
| April 2017 | 4.2% | £1,123pcm |
| April 2016 | 8.3% | £1,078pcm |
| April 2015 | 8.5% | £995pcm |
| April 2014 | 3.1% | £917pcm |
| April 2013 | 4.7% | £889pcm |
| April 2012 | 3.3% | £850pcm |
| April 2011 | 1.6% | £823pcm |
| April 2010 | 4.8% | £810pcm |
| April 2009 | -7.4% | £773pcm |
| April 2008 | 2.7% | £835pcm |
| April 2007 | 0% | £812pcm |
Explore Propertiesin LU1 5LL, Richards Close, Luton, LU1
- 1, Richards Close, Luton, LU1 5LL
- 2, Richards Close, Luton, LU1 5LL3 bed mid-century house
- 3, Richards Close, Luton, LU1 5LL4 bed mid-century house
- 4, Richards Close, Luton, LU1 5LL
Sales Historyin LU1 5LL
The last sale was on 20th March 2025 for £300,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 4 sales since 1995.
LU1 5LL has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2025£300,000 | 3 Bed HouseRichards Close2, Richards Close, Luton, LU1 5LL
Sold Apr 2005£125,500 | 3 Bed HouseRichards Close4, Richards Close, Luton, LU1 5LL
Sold Jun 2003£120,000 | 3 Bed HouseRichards Close2, Richards Close, Luton, LU1 5LL
Sold Feb 2000£61,500 | 3 Bed HouseRichards Close2, Richards Close, Luton, LU1 5LL
Nearby Postcodesto LU1 5LL
LU1 5LL is the 88th largest and the 551st most expensive postcode out of the 818 postcodes in the LU1 area.
- 20 mLU1 5LN, Richards Close, Luton, LU1LU1 5LN8 Addresses
- 65 mLU1 5PX, Southdrift Way, Luton, LU1LU1 5PX31 Addresses
- 65 mLU1 5LW, Santingfield South, Luton, LU1LU1 5LW16 Addresses
- 72 mLU1 5PT, Friars Close, Luton, LU1LU1 5PT12 Addresses
- 80 mLU1 5PS, Friars Close, Luton, LU1LU1 5PS6 Addresses
- 88 mLU1 5LE, Whipperley Way, Luton, LU1LU1 5LE25 Addresses
Estate Agents active nearby!
What's this?
Be the first Estate
Agent here!
Property Typesin LU1 5LL
- 2 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (2)
- Unknown (2)
Energy Efficiencyof properties in LU1 5LL
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is B.
- A (0)
- E (1)
- B (1)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearbyto LU1 5LL
The nearest primary school to LU1 5LL is St Margaret of Scotland Catholic Primary School which is 249 metres away.
- 249mSt Margaret of Scotland Catholic Primary School
- 333mFarley Junior Academy
- 468mWhipperley Infant Academy
The nearest secondary school is The Stockwood Park Academy which is 383 metres away.
- 383mThe Stockwood Park Academy
- 2.2kmDenbigh High School
- 2.4kmChiltern Academy
More reading links
Public Transport Nearbyto LU1 5LL
The closest station to LU1 5LL is Luton station which is 1.8 kilometres away.
- 1.8kmLuton
- 2.7kmLuton Airport Parkway
- 3.9kmLeagrave
- 8.7kmHarpenden
Loading...
Loading...
Loading...
Loading...
