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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LU1 5PTHouse Prices / East of England, Luton, Friars Close
Last updated May 2026
Key Postcode Insights
LU1 5PT is a residential postcode situated on Friars Close, Luton, LU1 with 12 addresses.
It ranks as the 276th largest and 282nd most expensive of the 818 postcodes in the LU1 area.
The postcode contains a total of 12 properties: 12 flats.
12
Properties
- Flats
Key Postcode Insights
LU1 5PT is a residential postcode situated on Friars Close, Luton, LU1 with 12 addresses.
It ranks as the 276th largest and 282nd most expensive of the 818 postcodes in the LU1 area.
The postcode contains a total of 12 properties: 12 flats.
12
Properties
- Flats
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House Pricesin LU1 5PT
Sale prices range from £145,088 for 2 bedroom leasehold flats (491 ft2) to £168,258 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £907 pcm for 2 bed flats to £1,014 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 7.5%.
The average value per square foot is £258.
Average Sale Value
£162,314
Average Rental Value
£988 pcm
Average Rental Yield
7.3% /year
Average Value Per Sqft
£258 /ft2
Sales Market Trendsin LU1 5PT
The last sale in LU1 5PT sold for £155,000 on 27th August 2024. Since then prices are down an average of 2.0%.
The current average value in the postcode is £162,314.
The LU1 5PT Sales Market has increased by 11.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £162,314 |
| April 2025 | 0.7% | £162,250 |
| April 2024 | -0.4% | £161,044 |
| April 2023 | 0.6% | £161,677 |
| April 2022 | 3% | £160,750 |
| April 2021 | 3.1% | £156,095 |
| April 2020 | 2.1% | £151,395 |
| April 2019 | -6.4% | £148,241 |
| April 2018 | 1.4% | £158,386 |
| April 2017 | 7.5% | £156,144 |
| April 2016 | 22.9% | £145,203 |
| April 2015 | 10% | £118,192 |
| April 2014 | 5.7% | £107,441 |
| April 2013 | 1.9% | £101,649 |
| April 2012 | 0.3% | £99,717 |
| April 2011 | 1.4% | £99,437 |
| April 2010 | 0.7% | £98,028 |
| April 2009 | -17.4% | £97,311 |
| April 2008 | -2% | £117,841 |
| April 2007 | 0% | £120,244 |
Rental Market Trendsin LU1 5PT
The current average rental value in the postcode is £988.
The LU1 5PT Rental Market has increased by 30.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £988pcm |
| April 2025 | 0.3% | £983pcm |
| April 2024 | 9.9% | £980pcm |
| April 2023 | 13.1% | £892pcm |
| April 2022 | 5.5% | £789pcm |
| April 2021 | -0.4% | £747pcm |
| April 2020 | -0.9% | £750pcm |
| April 2019 | -0.2% | £757pcm |
| April 2018 | -4% | £758pcm |
| April 2017 | 4% | £790pcm |
| April 2016 | 8.2% | £760pcm |
| April 2015 | 8.3% | £702pcm |
| April 2014 | 1.5% | £648pcm |
| April 2013 | 0.4% | £639pcm |
| April 2012 | 1.5% | £636pcm |
| April 2011 | 1.9% | £627pcm |
| April 2010 | 0.3% | £615pcm |
| April 2009 | -7.4% | £613pcm |
| April 2008 | 0.8% | £662pcm |
| April 2007 | 0% | £657pcm |
Explore Buildingsin LU1 5PT, Friars Close, Luton, LU1
- Friars Court, Friars Close, Luton, LU1 building 12 units
Sales Historyin LU1 5PT
The last sale was on 27th August 2024 for £155,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 14 sales since 1995.
LU1 5PT has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Aug 2024£155,000 | 2 Bed FlatFriars Close5 Friars Court, Friars Close, Luton, LU1 5PT
Sold Aug 2022£162,500 | 2 Bed FlatFriars Close7 Friars Court, Friars Close, Luton, LU1 5PT
Sold Aug 2022£167,000 | 2 Bed FlatFriars Close1 Friars Court, Friars Close, Luton, LU1 5PT
Sold Apr 2019£156,000 | 2 Bed FlatFriars Close1 Friars Court, Friars Close, Luton, LU1 5PT
Sold Jul 2018£170,000 | 2 Bed FlatFriars Close4 Friars Court, Friars Close, Luton, LU1 5PT
Sold May 2015£115,000 | 2 Bed FlatFriars Close1 Friars Court, Friars Close, Luton, LU1 5PT
Sold Dec 2009£106,000 | 2 Bed FlatFriars Close5 Friars Court, Friars Close, Luton, LU1 5PT
Sold Dec 2008£76,000 | 2 Bed FlatFriars Close8 Friars Court, Friars Close, Luton, LU1 5PT
Sold Feb 2004£88,500 | 2 Bed FlatFriars Close1 Friars Court, Friars Close, Luton, LU1 5PT
Sold Aug 2002£67,000 | 2 Bed FlatFriars Close1 Friars Court, Friars Close, Luton, LU1 5PT
Sold Sep 2001£52,500 | 2 Bed FlatFriars Close10 Friars Court, Friars Close, Luton, LU1 5PT
Sold Jun 2001£59,000 | 2 Bed FlatFriars Close7 Friars Court, Friars Close, Luton, LU1 5PT
Sold Jun 1999£32,000 | 2 Bed FlatFriars Close6 Friars Court, Friars Close, Luton, LU1 5PT
Sold Jun 1999£29,500 | 2 Bed FlatFriars Close7 Friars Court, Friars Close, Luton, LU1 5PT
Nearby Postcodesto LU1 5PT
LU1 5PT is the 276th largest and the 282nd most expensive postcode out of the 818 postcodes in the LU1 area.
- 26 mLU1 5PS, Friars Close, Luton, LU1LU1 5PS6 Addresses
- 41 mLU1 5LE, Whipperley Way, Luton, LU1LU1 5LE25 Addresses
- 54 mLU1 5LN, Richards Close, Luton, LU1LU1 5LN8 Addresses
- 72 mLU1 5LL, Richards Close, Luton, LU1LU1 5LL4 Addresses
- 92 mLU1 5PX, Southdrift Way, Luton, LU1LU1 5PX31 Addresses
- 92 mLU1 5PU, Southdrift Way, Luton, LU1LU1 5PU27 Addresses
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Property Typesin LU1 5PT
- 12 other addresses of unknown type
- Unknown (12)
Energy Efficiencyof properties in LU1 5PT
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (1)
- No EPC (7)
Schools Nearbyto LU1 5PT
The nearest primary school to LU1 5PT is St Margaret of Scotland Catholic Primary School which is 273 metres away.
- 273mSt Margaret of Scotland Catholic Primary School
- 287mFarley Junior Academy
- 524mWhipperley Infant Academy
The nearest secondary school is The Stockwood Park Academy which is 348 metres away.
- 348mThe Stockwood Park Academy
- 2.2kmDenbigh High School
- 2.4kmChiltern Academy
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Public Transport Nearbyto LU1 5PT
The closest station to LU1 5PT is Luton station which is 1.8 kilometres away.
- 1.8kmLuton
- 2.7kmLuton Airport Parkway
- 4.0kmLeagrave
- 8.6kmHarpenden