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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LU1 5RDHouse Prices / East of England, Luton, Market Square
Last updated May 2026
Key Postcode Insights
LU1 5RD is a residential postcode situated on Market Square, Luton, LU1 with 25 addresses.
It ranks as the 455th largest and 307th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 flats.
25
Properties
- Flats
Key Postcode Insights
LU1 5RD is a residential postcode situated on Market Square, Luton, LU1 with 25 addresses.
It ranks as the 455th largest and 307th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 flats.
25
Properties
- Flats
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House Pricesin LU1 5RD
Sale prices range from £126,654 for 3 bedroom leasehold flats with a garden (957 ft2) to £193,690 for 3 bedroom leasehold flats (990 ft2) .
Monthly rental prices range from £852 pcm for 3 bed flats to £1,212 pcm for 3 bed flats.
The gross rental yield is between 7.5% and 8.2%.
The average value per square foot is £186.
Average Sale Value
£174,831
Average Rental Value
£1,152 pcm
Average Rental Yield
7.9% /year
Average Value Per Sqft
£186 /ft2
Sales Market Trendsin LU1 5RD
The last sale in LU1 5RD sold for £170,000 on 7th July 2023. Since then prices are up an average of 3.5%.
The current average value in the postcode is £174,831.
The LU1 5RD Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £174,831 |
| April 2025 | 0.8% | £174,866 |
| April 2024 | -0.3% | £173,480 |
| April 2023 | 0.6% | £173,980 |
| April 2022 | 3.4% | £172,946 |
| April 2021 | 3.1% | £167,244 |
| April 2020 | 2.2% | £162,167 |
| April 2019 | -6.2% | £158,726 |
| April 2018 | 1.6% | £169,271 |
| April 2017 | 7.5% | £166,548 |
| April 2016 | 22.7% | £154,893 |
| April 2015 | 9.9% | £126,261 |
| April 2014 | 5.8% | £114,896 |
| April 2013 | 1.9% | £108,633 |
| April 2012 | 0.2% | £106,615 |
| April 2011 | 1.4% | £106,351 |
| April 2010 | 0.8% | £104,887 |
| April 2009 | -17.4% | £104,093 |
| April 2008 | -1.9% | £126,019 |
| April 2007 | 0% | £128,511 |
Rental Market Trendsin LU1 5RD
The current average rental value in the postcode is £1,152.
The LU1 5RD Rental Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £1,152pcm |
| April 2025 | 0.4% | £1,147pcm |
| April 2024 | 10.1% | £1,143pcm |
| April 2023 | 13% | £1,038pcm |
| April 2022 | 5.9% | £918pcm |
| April 2021 | -0.3% | £867pcm |
| April 2020 | -0.8% | £870pcm |
| April 2019 | -0.1% | £877pcm |
| April 2018 | -3.8% | £878pcm |
| April 2017 | 4% | £913pcm |
| April 2016 | 8.1% | £878pcm |
| April 2015 | 8.1% | £812pcm |
| April 2014 | 1.5% | £751pcm |
| April 2013 | 0.4% | £739pcm |
| April 2012 | 1.5% | £737pcm |
| April 2011 | 1.9% | £726pcm |
| April 2010 | 0.3% | £712pcm |
| April 2009 | -7.3% | £710pcm |
| April 2008 | 0.8% | £766pcm |
| April 2007 | 0% | £760pcm |
Properties and Buildingsin LU1 5RD, Market Square, Luton, LU1
- 1, Market Square, Luton, LU1Building 2 units
- 6, Market Square, Luton, LU1 5RD
- 17, Market Square, Luton, LU1 5RD
- 18, Market Square, Luton, LU1 5RD
- 19, Market Square, Luton, LU1 5RD
- 20, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 21, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 22, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 23, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 24, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 25, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 26, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 27, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 28, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 29, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 30, Market Square, Luton, LU1 5RD
- 31, Market Square, Luton, LU1 5RD2 bed flat
- 32, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 33, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 34, Market Square, Luton, LU1 5RD3 bed early-century flat
- 35, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 36, Market Square, Luton, LU1 5RD3 bed early-century flat
- 37, Market Square, Luton, LU1 5RD3 bed mid-century flat
- 38, Market Square, Luton, LU1 5RD3 bed early-century flat
Sales Historyin LU1 5RD
The last sale was on 7th July 2023 for £170,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 15 sales since 1995.
LU1 5RD has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Jul 2023£170,000 | 3 Bed FlatMarket Square34, Market Square, Luton, LU1 5RD
Sold Jun 2021£176,000 | 3 Bed FlatMarket Square37, Market Square, Luton, LU1 5RD
Sold Jul 2018£160,000 | 3 Bed FlatMarket Square24, Market Square, Luton, LU1 5RD
Sold Aug 2016£190,000 | 3 Bed FlatMarket Square26, Market Square, Luton, LU1 5RD
Sold Mar 2015£130,000 | 3 Bed FlatMarket Square34, Market Square, Luton, LU1 5RD
Sold Aug 2013£115,000 | 3 Bed FlatMarket Square26, Market Square, Luton, LU1 5RD
Sold Jul 2011£94,750 | 3 Bed FlatMarket Square37, Market Square, Luton, LU1 5RD
Sold Feb 2008£99,995 | 3 Bed FlatMarket Square26, Market Square, Luton, LU1 5RD
Sold Nov 2007£95,000 | 3 Bed FlatMarket Square24, Market Square, Luton, LU1 5RD
Sold Oct 2007£123,000 | 2 Bed FlatMarket Square31, Market Square, Luton, LU1 5RD
Sold Feb 2005£90,000 | 3 Bed FlatMarket Square37, Market Square, Luton, LU1 5RD
Sold Feb 2005£86,500 | 3 Bed FlatMarket Square26, Market Square, Luton, LU1 5RD
Sold Jul 2004£105,000 | 2 Bed FlatMarket Square31, Market Square, Luton, LU1 5RD
Sold Jul 2004£68,000 | 3 Bed FlatMarket Square6, Market Square, Luton, LU1 5RD
Sold Nov 1995£31,000 | 3 Bed FlatMarket Square24, Market Square, Luton, LU1 5RD
Nearby Postcodesto LU1 5RD
LU1 5RD is the 455th largest and the 307th most expensive postcode out of the 818 postcodes in the LU1 area.
- 42 mLU1 5QF, Whipperley Ring, Luton, LU1LU1 5QF32 Addresses
- 50 mLU1 5QX, Whipperley Ring, Luton, LU1LU1 5QX42 Addresses
- 77 mLU1 5RE, Delphine Close, Luton, LU1LU1 5RE24 Addresses
- 99 mLU1 5RB, Ross Close, Luton, LU1LU1 5RB63 Addresses
- 130 mLU1 5QY, Whipperley Ring, Luton, LU1LU1 5QY73 Addresses
- 132 mLU1 5RA, Whipperley Ring, Luton, LU1LU1 5RA51 Addresses
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Property Typesin LU1 5RD
- 16 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 3 early-century flats built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century flat (16)
- flat (1)
- early-century flat (3)
- Unknown (5)
Energy Efficiencyof properties in LU1 5RD
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (12)
- G (0)
- D (4)
- No EPC (8)
Schools Nearbyto LU1 5RD
The nearest primary school to LU1 5RD is Whipperley Infant Academy which is 156 metres away.
- 156mWhipperley Infant Academy
- 387mSt Margaret of Scotland Catholic Primary School
- 596mFarley Junior Academy
The nearest secondary school is The Stockwood Park Academy which is 668 metres away.
- 668mThe Stockwood Park Academy
- 2.0kmDenbigh High School
- 2.6kmChiltern Academy
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Public Transport Nearbyto LU1 5RD
The closest station to LU1 5RD is Luton station which is 1.9 kilometres away.
- 1.9kmLuton
- 2.9kmLuton Airport Parkway
- 3.6kmLeagrave
- 9.0kmHarpenden
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