LU1 5LU is a residential postcode situated on Godfreys Close, Luton, LU1 with 12 addresses.
It ranks as the 272nd largest and 301st most expensive of the 818 postcodes in the LU1 area.
The postcode contains a total of 12 properties: 12 flats.
LU1 5LU is a residential postcode situated on Godfreys Close, Luton, LU1 with 12 addresses.
It ranks as the 272nd largest and 301st most expensive of the 818 postcodes in the LU1 area.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £171,359 for 2 bedroom leasehold flats (645 ft2) to £177,976 for 2 bedroom leasehold flats (699 ft2) .
Monthly rental prices range from £1,000 pcm for 2 bed flats to £1,028 pcm for 2 bed flats.
The gross rental yield is between 6.9% and 7.0%.
The average value per square foot is £261.
The last sale in LU1 5LU sold for £155,000 on 5th August 2016. Since then prices are up an average of 8.2%.
The current average value in the postcode is £174,016.
The LU1 5LU Sales Market has increased by 13.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £174,016 |
| April 2025 | 1.1% | £172,648 |
| April 2024 | -0.3% | £170,807 |
| April 2023 | 0.6% | £171,396 |
| April 2022 | 3.2% | £170,449 |
| April 2021 | 3.2% | £165,222 |
| April 2020 | 1.7% | £160,124 |
| April 2019 | -6.5% | £157,372 |
| April 2018 | 1.5% | £168,231 |
| April 2017 | 7.7% | £165,700 |
| April 2016 | 22.8% | £153,787 |
| April 2015 | 10.4% | £125,189 |
| April 2014 | 6.1% | £113,402 |
| April 2013 | 1.6% | £106,890 |
| April 2012 | -0.2% | £105,162 |
| April 2011 | 1.4% | £105,385 |
| April 2010 | 0.7% | £103,957 |
| April 2009 | -17.4% | £103,283 |
| April 2008 | -1.6% | £125,019 |
| April 2007 | 0% | £127,086 |
The current average rental value in the postcode is £1,011.
The LU1 5LU Rental Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £1,011pcm |
| April 2025 | 0.7% | £999pcm |
| April 2024 | 10% | £992pcm |
| April 2023 | 13% | £902pcm |
| April 2022 | 5.6% | £799pcm |
| April 2021 | -0.2% | £756pcm |
| April 2020 | -1.2% | £758pcm |
| April 2019 | -0.3% | £767pcm |
| April 2018 | -3.9% | £770pcm |
| April 2017 | 4.2% | £801pcm |
| April 2016 | 8.3% | £769pcm |
| April 2015 | 8.6% | £710pcm |
| April 2014 | 1.8% | £654pcm |
| April 2013 | 0.1% | £642pcm |
| April 2012 | 1% | £641pcm |
| April 2011 | 1.9% | £634pcm |
| April 2010 | 0.2% | £622pcm |
| April 2009 | -7.3% | £621pcm |
| April 2008 | 1.1% | £670pcm |
| April 2007 | 0% | £663pcm |
The last sale was on 5th August 2016 for £155,000 and since then the market in the area has increased by 8.2%. The postcode has had a total of 2 sales since 1995.
LU1 5LU has seen no sales in the last three years and no sales in the last twelve months.
LU1 5LU is the 272nd largest and the 301st most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 5LU is Luton station which is 1.7 kilometres away.
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