The Crossway - LU1 5LY
Key Postcode Insights
LU1 5LY is a residential postcode situated on The Crossway, Luton, LU1 with 16 addresses.
It ranks as the 341st largest and 635th most expensive of the 822 postcodes in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 16 properties: 10 houses and 6 flats.
- Ave. Sale Price
- £292,750
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £1,487pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £314/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
LU1 5LY is a residential postcode situated on The Crossway, Luton, LU1 with 16 addresses.
It ranks as the 341st largest and 635th most expensive of the 822 postcodes in the LU1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 16 properties: 10 houses and 6 flats.
- Ave. Sale Price
- £292,750
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £1,487pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £314/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin LU1 5LY
- 5 The Crossway
3 Bed Mid-century House
- 6 The Crossway
Unknown
- 8 The Crossway
Unknown
- 10 The Crossway
Unknown
- 11 The Crossway
Unknown
Sales Market Trends
The last sale in LU1 5LY sold for £480,000 on 2nd August 2022. Since then prices are down an average of 1.9%.
The current average value in the postcode is £292,750.
The LU1 5LY Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £292,750 |
| June 2025 | 1.9% | £296,510 |
| June 2024 | -0.5% | £290,976 |
| June 2023 | -0.6% | £292,500 |
| June 2022 | 7.2% | £294,128 |
| June 2021 | 4% | £274,487 |
| June 2020 | 3.3% | £263,805 |
| June 2019 | -5.5% | £255,454 |
| June 2018 | 1% | £270,233 |
| June 2017 | 5.7% | £267,658 |
| June 2016 | 23.6% | £253,167 |
| June 2015 | 11.1% | £204,879 |
| June 2014 | 6.3% | £184,433 |
| June 2013 | 4.4% | £173,581 |
| June 2012 | 0.7% | £166,315 |
| June 2011 | 1.5% | £165,186 |
| June 2010 | 6.8% | £162,711 |
| June 2009 | -17% | £152,416 |
| June 2008 | -5% | £183,538 |
| June 2007 | 0% | £193,294 |
Rental Market Trends
The current average rental value in the postcode is £1,487.
The LU1 5LY Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,487pcm |
| June 2025 | 1.5% | £1,461pcm |
| June 2024 | 6.8% | £1,439pcm |
| June 2023 | 17.1% | £1,348pcm |
| June 2022 | 8.1% | £1,151pcm |
| June 2021 | 2.5% | £1,065pcm |
| June 2020 | -1.1% | £1,038pcm |
| June 2019 | 1.3% | £1,050pcm |
| June 2018 | -3.2% | £1,037pcm |
| June 2017 | 1.9% | £1,071pcm |
| June 2016 | 6.9% | £1,052pcm |
| June 2015 | 9.9% | £984pcm |
| June 2014 | 4.3% | £895pcm |
| June 2013 | 1.2% | £858pcm |
| June 2012 | 1.5% | £848pcm |
| June 2011 | 4.1% | £836pcm |
| June 2010 | 3.4% | £803pcm |
| June 2009 | -7.6% | £777pcm |
| June 2008 | 0% | £841pcm |
| June 2007 | 0% | £841pcm |
Sales History
The last sale was on 2nd August 2022 for £480,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 8 sales since 1995.
LU1 5LY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2022£480,000 | 4 Bed House20, The Crossway, Luton, LU1 5LY20, The Crossway, Luton, LU1 5LY
- Sold Oct 2015£155,000 | 3 Bed Flat29, The Crossway, Luton, LU1 5LY29, The Crossway, Luton, LU1 5LY
- Sold Feb 2014£158,000 | 3 Bed House14, The Crossway, Luton, LU1 5LY14, The Crossway, Luton, LU1 5LY
- Sold Apr 2003£125,000 | 3 Bed House14, The Crossway, Luton, LU1 5LY14, The Crossway, Luton, LU1 5LY
- Sold Mar 2002£55,000 | 3 Bed Flat25, The Crossway, Luton, LU1 5LY25, The Crossway, Luton, LU1 5LY
Nearby Postcodes
LU1 5LY is the 341st largest and the 635th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 5NF, Red Rails, Luton, LU1LU1 5NF12 Addresses|21 m away
- LU1 5NH, Bretts Mead, Luton, LU1LU1 5NH12 Addresses|53 m away
- LU1 5NG, Bretts Mead, Luton, LU1LU1 5NG34 Addresses|71 m away
- LU1 5NB, The Crossway, Luton, LU1LU1 5NB4 Addresses|75 m away
- LU1 5NQ, Bretts Mead, Luton, LU1LU1 5NQ16 Addresses|87 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 5 mid-century flats built between 1936 and 1979
- 8 other addresses of unknown type
- mid-century house (3)
- mid-century flat (5)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- No EPC (8)
Top 3 Most Expensive Sales
Schools Nearby
- Farley Junior Academy200 m away
- Hillborough Junior School300 m away
- Hillborough Infant and Nursery School300 m away
- The Stockwood Park Academy500 m away
- Chiltern Academy1.9 km away
- Denbigh High School2.2 km away
More reading links
Public Transport Nearby
The closest station to LU1 5LY is Luton station, which is 1.6 kilometres away.
- Luton|1.6 km away
- Luton Airport Parkway|2.2 km away
- Leagrave|4.3 km away
- Harpenden|8.2 km away
