Southdrift Way - LU1 5PY
Key Postcode Insights
LU1 5PY is a residential postcode situated on Southdrift Way, Luton, LU1 with 22 addresses.
It ranks as the 431st largest and 643rd 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 22 properties: 22 houses.
- Ave. Sale Price
- £338,520
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £1,635pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
LU1 5PY is a residential postcode situated on Southdrift Way, Luton, LU1 with 22 addresses.
It ranks as the 431st largest and 643rd 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 22 properties: 22 houses.
- Ave. Sale Price
- £338,520
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £1,635pcm
- 10 Year change
- up 51.0%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin LU1 5PY
- 59 Southdrift Way
3 Bed Mid-century House
- 60 Southdrift Way
Unknown
- 61 Southdrift Way
4 Bed Mid-century House
- 62 Southdrift Way
3 Bed Mid-century House
- 63A Southdrift Way
3 Bed House
Sales Market Trends
The last sale in LU1 5PY sold for £430,000 on 15th November 2023. Since then prices are up an average of 2.5%.
The current average value in the postcode is £338,520.
The LU1 5PY Sales Market has increased by 23.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £338,520 |
| June 2025 | 2.9% | £341,150 |
| June 2024 | -0.7% | £331,511 |
| June 2023 | -0.3% | £333,882 |
| June 2022 | 9% | £334,730 |
| June 2021 | 5.6% | £307,102 |
| June 2020 | 3.3% | £290,762 |
| June 2019 | -4.9% | £281,509 |
| June 2018 | 1.9% | £296,018 |
| June 2017 | 6% | £290,420 |
| June 2016 | 23.3% | £274,046 |
| June 2015 | 11.3% | £222,202 |
| June 2014 | 6.7% | £199,681 |
| June 2013 | 5.1% | £187,104 |
| June 2012 | 1.4% | £178,062 |
| June 2011 | 1.4% | £175,522 |
| June 2010 | 9% | £173,066 |
| June 2009 | -15.8% | £158,707 |
| June 2008 | -4.2% | £188,456 |
| June 2007 | 0% | £196,643 |
Rental Market Trends
The current average rental value in the postcode is £1,635.
The LU1 5PY Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,635pcm |
| June 2025 | 2.5% | £1,598pcm |
| June 2024 | 6.6% | £1,558pcm |
| June 2023 | 17.4% | £1,462pcm |
| June 2022 | 9.9% | £1,245pcm |
| June 2021 | 4.1% | £1,133pcm |
| June 2020 | -1% | £1,088pcm |
| June 2019 | 1.8% | £1,099pcm |
| June 2018 | -2.3% | £1,080pcm |
| June 2017 | 2.1% | £1,105pcm |
| June 2016 | 6.8% | £1,082pcm |
| June 2015 | 10% | £1,014pcm |
| June 2014 | 4.7% | £921pcm |
| June 2013 | 1.9% | £880pcm |
| June 2012 | 2.3% | £863pcm |
| June 2011 | 4% | £844pcm |
| June 2010 | 5.6% | £812pcm |
| June 2009 | -6.3% | £769pcm |
| June 2008 | 1% | £821pcm |
| June 2007 | 0% | £813pcm |
Sales History
The last sale was on 15th November 2023 for £430,000 and since then the market in the area has increased by 2.5%. The postcode has had a total of 25 sales since 1995.
LU1 5PY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2023£430,000 | 4 Bed House61, Southdrift Way, Luton, LU1 5PY61, Southdrift Way, Luton, LU1 5PY
- Sold Jan 2023£310,000 | 3 Bed House84, Southdrift Way, Luton, LU1 5PY84, Southdrift Way, Luton, LU1 5PY
- Sold Nov 2021£335,000 | 4 Bed House80, Southdrift Way, Luton, LU1 5PY80, Southdrift Way, Luton, LU1 5PY
- Sold Nov 2020£260,000 | 3 Bed House73, Southdrift Way, Luton, LU1 5PY73, Southdrift Way, Luton, LU1 5PY
- Sold Dec 2019£285,000 | 3 Bed House69, Southdrift Way, Luton, LU1 5PY69, Southdrift Way, Luton, LU1 5PY
Nearby Postcodes
LU1 5PY is the 431st largest and the 643rd most expensive postcode out of the 822 postcodes in the LU1 area.
- LU1 5RF, Olyard Court, Luton, LU1LU1 5RF6 Addresses|67 m away
- LU1 5LR, Wulwards Close, Luton, LU1LU1 5LR12 Addresses|69 m away
- LU1 5LP, Wulwards Close, Luton, LU1LU1 5LP8 Addresses|71 m away
- LU1 5GG, Griggs Gardens, Luton, LU1LU1 5GG4 Addresses|83 m away
- LU1 5PZ, Roebuck Close, Luton, LU1LU1 5PZ24 Addresses|88 m away
Property Types
- 1 modern house built after 1980
- 12 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 7 other addresses of unknown type
- modern house (1)
- mid-century house (12)
- house (1)
- early-century house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (4)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Nov 2023£430,000 | 4 Bed House61, Southdrift Way, Luton, LU1 5PY61, Southdrift Way, Luton, LU1 5PY
- Sold Feb 2023£375,000 | 4 Bed House56, Southdrift Way, Luton, LU1 5PX56, Southdrift Way, Luton, LU1 5PX
- Sold Feb 2023£350,000 | 3 Bed House28, Southdrift Way, Luton, LU1 5PX28, Southdrift Way, Luton, LU1 5PX
Schools Nearby
- St Margaret of Scotland Catholic Primary School200 m away
- Whipperley Infant Academy300 m away
- Farley Junior Academy500 m away
- The Stockwood Park Academy500 m away
- Denbigh High School2.2 km away
- Chiltern Academy2.6 km away
More reading links
Public Transport Nearby
The closest station to LU1 5PY is Luton station, which is 2.0 kilometres away.
- Luton|2.0 km away
- Luton Airport Parkway|2.9 km away
- Leagrave|3.8 km away
- Harpenden|8.8 km away
