The Grove - LU1 5PE
Key Postcode Insights
LU1 5PE is a residential postcode situated on The Grove, Woodside, Luton, LU1 with 28 addresses.
It ranks as the 490th largest and 572nd most expensive of the 822 postcodes in the LU1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £321,283
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £1,612pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
LU1 5PE is a residential postcode situated on The Grove, Woodside, Luton, LU1 with 28 addresses.
It ranks as the 490th largest and 572nd most expensive of the 822 postcodes in the LU1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £321,283
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £1,612pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin LU1 5PE
- 1 The Grove
3 Bed Mid-century House
- 2 The Grove
3 Bed Mid-century House
- 3 The Grove
3 Bed Mid-century House
- 4 The Grove
4 Bed Mid-century House
- 5 The Grove
Unknown
Sales Market Trends
The last sale in LU1 5PE sold for £325,000 on 17th November 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £321,283.
The LU1 5PE Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £321,283 |
| June 2025 | 3.1% | £322,713 |
| June 2024 | -0.9% | £312,941 |
| June 2023 | -0.2% | £315,863 |
| June 2022 | 9.6% | £316,383 |
| June 2021 | 5.7% | £288,722 |
| June 2020 | 3.2% | £273,257 |
| June 2019 | -5.3% | £264,788 |
| June 2018 | 1.9% | £279,642 |
| June 2017 | 6.4% | £274,297 |
| June 2016 | 24.1% | £257,907 |
| June 2015 | 11.8% | £207,864 |
| June 2014 | 7.1% | £185,998 |
| June 2013 | 4.8% | £173,657 |
| June 2012 | 1.6% | £165,663 |
| June 2011 | 1.1% | £163,128 |
| June 2010 | 8.2% | £161,284 |
| June 2009 | -16.1% | £149,048 |
| June 2008 | -4% | £177,688 |
| June 2007 | 0% | £185,055 |
Rental Market Trends
The current average rental value in the postcode is £1,612.
The LU1 5PE Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,612pcm |
| June 2025 | 2.7% | £1,571pcm |
| June 2024 | 6.4% | £1,529pcm |
| June 2023 | 17.6% | £1,437pcm |
| June 2022 | 10.4% | £1,223pcm |
| June 2021 | 4.1% | £1,107pcm |
| June 2020 | -1.1% | £1,063pcm |
| June 2019 | 1.4% | £1,075pcm |
| June 2018 | -2.3% | £1,060pcm |
| June 2017 | 2.5% | £1,085pcm |
| June 2016 | 7.4% | £1,059pcm |
| June 2015 | 10.5% | £986pcm |
| June 2014 | 5.1% | £892pcm |
| June 2013 | 1.7% | £849pcm |
| June 2012 | 2.4% | £835pcm |
| June 2011 | 3.7% | £815pcm |
| June 2010 | 4.7% | £786pcm |
| June 2009 | -6.7% | £751pcm |
| June 2008 | 1.2% | £805pcm |
| June 2007 | 0% | £795pcm |
Sales History
The last sale was on 17th November 2025 for £325,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 18 sales since 1995.
LU1 5PE has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£325,000 | 3 Bed House22, The Grove, Luton, LU1 5PE22, The Grove, Luton, LU1 5PE
- Sold Jun 2021£270,000 | 3 Bed House28, The Grove, Luton, LU1 5PE28, The Grove, Luton, LU1 5PE
- Sold Jun 2021£320,000 | 3 Bed House2, The Grove, Luton, LU1 5PE2, The Grove, Luton, LU1 5PE
- Sold Jun 2021£282,000 | 3 Bed House14, The Grove, Luton, LU1 5PE14, The Grove, Luton, LU1 5PE
- Sold Dec 2020£310,000 | 4 Bed House4, The Grove, Luton, LU1 5PE4, The Grove, Luton, LU1 5PE
Nearby Postcodes
LU1 5PE is the 490th largest and the 572nd most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 5PH, Masters Close, Luton, LU1LU1 5PH8 Addresses|60 m away
- LU1 5PG, St. John Close, Luton, LU1LU1 5PG8 Addresses|72 m away
- LU1 5PF, Grove End, Luton, LU1LU1 5PF8 Addresses|88 m away
- LU1 5PQ, St. John Close, Luton, LU1LU1 5PQ12 Addresses|101 m away
- LU1 5PA, Farley Farm Road, Luton, LU1LU1 5PA30 Addresses|111 m away
Property Types
- 20 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (20)
- early-century house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (8)
- G (0)
- D (11)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- Farley Junior Academy300 m away
- St Margaret of Scotland Catholic Primary School400 m away
- Hillborough Junior School700 m away
- The Stockwood Park Academy200 m away
- Chiltern Academy2.3 km away
- Denbigh High School2.4 km away
More reading links
Public Transport Nearby
The closest station to LU1 5PE is Luton station, which is 1.9 kilometres away.
- Luton|1.9 km away
- Luton Airport Parkway|2.6 km away
- Leagrave|4.2 km away
- Harpenden|8.4 km away
