Red Rails - LU1 5NF
Key Postcode Insights
LU1 5NF is a residential postcode situated on Red Rails, Luton, LU1 with 24 addresses.
It ranks as the 275th largest of the 822 postcodes in the LU1 area.
The postcode contains a total of 24 properties: 12 flats and 12 other properties.
- Ave. Sale Price
- £166,074
- 10 Year change
- up 6.8%
- Ave. Rental Price
- £1,070pcm
- 10 Year change
- up 30.6%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
LU1 5NF is a residential postcode situated on Red Rails, Luton, LU1 with 24 addresses.
It ranks as the 275th largest of the 822 postcodes in the LU1 area.
The postcode contains a total of 24 properties: 12 flats and 12 other properties.
- Ave. Sale Price
- £166,074
- 10 Year change
- up 6.8%
- Ave. Rental Price
- £1,070pcm
- 10 Year change
- up 30.6%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertiesin LU1 5NF
- 1 Red Rails
Building | 2 Flats
- 2 Red Rails
Building | 2 Flats
- 3 Red Rails
Building | 2 Flats
- 4 Red Rails
Building | 2 Flats
- 5 Red Rails
Building | 2 Flats
Sales Market Trends
The last sale in LU1 5NF sold for £178,000 on 9th August 2022. Since then prices are down an average of 3.5%.
The current average value in the postcode is £166,074.
The LU1 5NF Sales Market has increased by 6.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £166,074 |
| June 2025 | 0.7% | £168,801 |
| June 2024 | -0.1% | £167,675 |
| June 2023 | -1.1% | £167,907 |
| June 2022 | 4.9% | £169,714 |
| June 2021 | 2.2% | £161,729 |
| June 2020 | 3.1% | £158,285 |
| June 2019 | -6.4% | £153,473 |
| June 2018 | 0% | £163,883 |
| June 2017 | 5.4% | £163,939 |
| June 2016 | 23.7% | £155,505 |
| June 2015 | 10.9% | £125,679 |
| June 2014 | 5.8% | £113,300 |
| June 2013 | 3.6% | £107,111 |
| June 2012 | -0.4% | £103,377 |
| June 2011 | 1.7% | £103,750 |
| June 2010 | 4.3% | £102,028 |
| June 2009 | -18% | £97,801 |
| June 2008 | -5.8% | £119,328 |
| June 2007 | 0% | £126,661 |
Rental Market Trends
The current average rental value in the postcode is £1,070.
The LU1 5NF Rental Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £1,070pcm |
| June 2025 | 0.3% | £1,055pcm |
| June 2024 | 7.2% | £1,052pcm |
| June 2023 | 16.5% | £982pcm |
| June 2022 | 5.8% | £842pcm |
| June 2021 | 0.7% | £796pcm |
| June 2020 | -1.2% | £790pcm |
| June 2019 | 0.3% | £800pcm |
| June 2018 | -4.2% | £797pcm |
| June 2017 | 1.6% | £832pcm |
| June 2016 | 7.1% | £819pcm |
| June 2015 | 9.7% | £765pcm |
| June 2014 | 3.8% | £698pcm |
| June 2013 | 0.5% | £672pcm |
| June 2012 | 0.4% | £669pcm |
| June 2011 | 4.2% | £666pcm |
| June 2010 | 1% | £639pcm |
| June 2009 | -8.8% | £633pcm |
| June 2008 | -0.7% | £694pcm |
| June 2007 | 0% | £699pcm |
Sales History
The last sale was on 9th August 2022 for £178,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 12 sales since 1995.
LU1 5NF has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2022£178,000 | 2 Bed Flat5 Red Rails Court, Red Rails, Luton, LU1 5NF5 Red Rails Court, Red Rails, Luton, LU1 5NF
- Sold Jun 2018£153,000 | 2 Bed Flat1 Red Rails Court, Red Rails, Luton, LU1 5NF1 Red Rails Court, Red Rails, Luton, LU1 5NF
- Sold May 2018£165,500 | 2 Bed Flat6 Red Rails Court, Red Rails, Luton, LU1 5NF6 Red Rails Court, Red Rails, Luton, LU1 5NF
- Sold Aug 2016£155,000 | 2 Bed Flat12 Red Rails Court, Red Rails, Luton, LU1 5NF12 Red Rails Court, Red Rails, Luton, LU1 5NF
- Sold Dec 2013£108,000 | 2 Bed Flat6 Red Rails Court, Red Rails, Luton, LU1 5NF6 Red Rails Court, Red Rails, Luton, LU1 5NF
Nearby Postcodes
LU1 5NF is the 275th largest and the 286th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 5LY, The Crossway, Luton, LU1LU1 5LY16 Addresses|21 m away
- LU1 5NH, Bretts Mead, Luton, LU1LU1 5NH12 Addresses|50 m away
- LU1 5NG, Bretts Mead, Luton, LU1LU1 5NG34 Addresses|56 m away
- LU1 5NB, The Crossway, Luton, LU1LU1 5NB4 Addresses|75 m away
- LU1 5ND, Red Rails, Luton, LU1LU1 5ND56 Addresses|80 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
Schools Nearby
- Farley Junior Academy100 m away
- Hillborough Junior School400 m away
- Hillborough Infant and Nursery School400 m away
- The Stockwood Park Academy400 m away
- Chiltern Academy2.0 km away
- Denbigh High School2.2 km away
More reading links
Public Transport Nearby
The closest station to LU1 5NF is Luton station, which is 1.6 kilometres away.
- Luton|1.6 km away
- Luton Airport Parkway|2.4 km away
- Leagrave|4.2 km away
- Harpenden|8.3 km away