Friars Close - LU1 5PS
Key Postcode Insights
LU1 5PS is a residential postcode situated on Friars Close, Luton, LU1 with 6 addresses.
It ranks as the 145th largest and 430th 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 6 properties: 6 houses.
- Ave. Sale Price
- £259,928
- 10 Year change
- up 24.5%
- Ave. Rental Price
- £1,429pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
LU1 5PS is a residential postcode situated on Friars Close, Luton, LU1 with 6 addresses.
It ranks as the 145th largest and 430th 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 6 properties: 6 houses.
- Ave. Sale Price
- £259,928
- 10 Year change
- up 24.5%
- Ave. Rental Price
- £1,429pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin LU1 5PS
- 1 Friars Close
3 Bed House
- 2 Friars Close
3 Bed Early-century House
- 3 Friars Close
3 Bed Mid-century House
- 4 Friars Close
Unknown
- 5 Friars Close
3 Bed Mid-century House
Sales Market Trends
The last sale in LU1 5PS sold for £225,000 on 31st January 2019. Since then prices are up an average of 19.1%.
The current average value in the postcode is £259,928.
The LU1 5PS Sales Market has increased by 24.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £259,928 |
| June 2025 | 3.1% | £260,964 |
| June 2024 | -0.9% | £253,044 |
| June 2023 | -0.1% | £255,435 |
| June 2022 | 9.5% | £255,814 |
| June 2021 | 5.6% | £233,659 |
| June 2020 | 3.2% | £221,281 |
| June 2019 | -5.2% | £214,426 |
| June 2018 | 1.9% | £226,117 |
| June 2017 | 6.3% | £221,844 |
| June 2016 | 23.9% | £208,764 |
| June 2015 | 11.7% | £168,438 |
| June 2014 | 7% | £150,761 |
| June 2013 | 4.9% | £140,846 |
| June 2012 | 1.5% | £134,258 |
| June 2011 | 1.2% | £132,278 |
| June 2010 | 8.3% | £130,679 |
| June 2009 | -16.1% | £120,610 |
| June 2008 | -4% | £143,760 |
| June 2007 | 0% | £149,688 |
Rental Market Trends
The current average rental value in the postcode is £1,429.
The LU1 5PS Rental Market has increased by 52.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,429pcm |
| June 2025 | 2.8% | £1,392pcm |
| June 2024 | 6.4% | £1,355pcm |
| June 2023 | 17.6% | £1,274pcm |
| June 2022 | 10.3% | £1,083pcm |
| June 2021 | 4.1% | £982pcm |
| June 2020 | -1.1% | £943pcm |
| June 2019 | 1.5% | £954pcm |
| June 2018 | -2.3% | £939pcm |
| June 2017 | 2.4% | £961pcm |
| June 2016 | 7.3% | £939pcm |
| June 2015 | 10.5% | £875pcm |
| June 2014 | 5% | £792pcm |
| June 2013 | 1.8% | £754pcm |
| June 2012 | 2.3% | £741pcm |
| June 2011 | 3.8% | £725pcm |
| June 2010 | 4.9% | £698pcm |
| June 2009 | -6.7% | £666pcm |
| June 2008 | 1.2% | £713pcm |
| June 2007 | 0% | £705pcm |
Sales History
The last sale was on 31st January 2019 for £225,000 and since then the market in the area has increased by 19.1%. The postcode has had a total of 8 sales since 1995.
LU1 5PS has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2019£225,000 | 3 Bed House3, Friars Close, Luton, LU1 5PS3, Friars Close, Luton, LU1 5PS
- Sold Jun 2018£169,500 | 3 Bed House3, Friars Close, Luton, LU1 5PS3, Friars Close, Luton, LU1 5PS
- Sold May 2014£170,000 | 3 Bed House6, Friars Close, Luton, LU1 5PS6, Friars Close, Luton, LU1 5PS
- Sold Sep 2007£177,000 | 3 Bed House1, Friars Close, Luton, LU1 5PS1, Friars Close, Luton, LU1 5PS
- Sold Aug 2007£166,000 | 3 Bed House5, Friars Close, Luton, LU1 5PS5, Friars Close, Luton, LU1 5PS
Nearby Postcodes
LU1 5PS is the 145th largest and the 430th most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 5PT, Friars Close, Luton, LU1LU1 5PT12 Addresses|26 m away
- LU1 5LN, Richards Close, Luton, LU1LU1 5LN8 Addresses|59 m away
- LU1 5LE, Whipperley Way, Luton, LU1LU1 5LE25 Addresses|66 m away
- LU1 5PU, Southdrift Way, Luton, LU1LU1 5PU27 Addresses|80 m away
- LU1 5LL, Richards Close, Luton, LU1LU1 5LL4 Addresses|80 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- mid-century house (3)
- house (1)
- early-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jan 2019£225,000 | 3 Bed House3, Friars Close, Luton, LU1 5PS3, Friars Close, Luton, LU1 5PS
- Sold Sep 2007£177,000 | 3 Bed House1, Friars Close, Luton, LU1 5PS1, Friars Close, Luton, LU1 5PS
- Sold Jul 2018£170,000 | 2 Bed Flat4 Friars Court, Friars Close, Luton, LU1 5PT4 Friars Court, Friars Close, Luton, LU1 5PT
Schools Nearby
- Farley Junior Academy300 m away
- St Margaret of Scotland Catholic Primary School300 m away
- Whipperley Infant Academy600 m away
- The Stockwood Park Academy300 m away
- Denbigh High School2.2 km away
- Chiltern Academy2.3 km away
More reading links
Public Transport Nearby
The closest station to LU1 5PS is Luton station, which is 1.8 kilometres away.
- Luton|1.8 km away
- Luton Airport Parkway|2.7 km away
- Leagrave|4.0 km away
- Harpenden|8.6 km away
