LU1 5SJ is a residential postcode situated on Cornel Close, Luton, LU1 with 13 addresses.
It ranks as the 292nd largest and 474th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
LU1 5SJ is a residential postcode situated on Cornel Close, Luton, LU1 with 13 addresses.
It ranks as the 292nd largest and 474th most expensive of the 818 postcodes in the LU1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
Sale prices range from £180,198 for 2 bedroom freehold houses with a garden (365 ft2) to £377,873 for 4 bedroom freehold houses with a garden (1,614 ft2) .
Monthly rental prices range from £1,017 pcm for 2 bed houses to £1,769 pcm for 4 bed houses.
The gross rental yield is between 5.6% and 6.8%.
The average value per square foot is £306.
The last sale in LU1 5SJ sold for £335,000 on 16th September 2024. Since then prices are up an average of 3.2%.
The current average value in the postcode is £289,771.
The LU1 5SJ Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £289,771 |
| April 2025 | 2.9% | £284,768 |
| April 2024 | -1.7% | £276,791 |
| April 2023 | 2.6% | £281,594 |
| April 2022 | 8.4% | £274,409 |
| April 2021 | 6.6% | £253,235 |
| April 2020 | 1.7% | £237,501 |
| April 2019 | -5.1% | £233,589 |
| April 2018 | 3% | £246,138 |
| April 2017 | 8.4% | £239,047 |
| April 2016 | 23.7% | £220,558 |
| April 2015 | 11.1% | £178,338 |
| April 2014 | 7.6% | £160,476 |
| April 2013 | 5% | £149,090 |
| April 2012 | 1.3% | £142,001 |
| April 2011 | 1.1% | £140,155 |
| April 2010 | 4.7% | £138,593 |
| April 2009 | -17.4% | £132,325 |
| April 2008 | 0.3% | £160,198 |
| April 2007 | 0% | £159,765 |
The current average rental value in the postcode is £1,505.
The LU1 5SJ Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,505pcm |
| April 2025 | 2.5% | £1,472pcm |
| April 2024 | 8.8% | £1,436pcm |
| April 2023 | 15.1% | £1,320pcm |
| April 2022 | 10.5% | £1,147pcm |
| April 2021 | 3.2% | £1,038pcm |
| April 2020 | -1% | £1,005pcm |
| April 2019 | 0.8% | £1,016pcm |
| April 2018 | -2.4% | £1,008pcm |
| April 2017 | 4.8% | £1,033pcm |
| April 2016 | 9.3% | £986pcm |
| April 2015 | 9.1% | £902pcm |
| April 2014 | 3.3% | £826pcm |
| April 2013 | 3.5% | £800pcm |
| April 2012 | 2.7% | £773pcm |
| April 2011 | 1.9% | £752pcm |
| April 2010 | 4% | £739pcm |
| April 2009 | -7.3% | £710pcm |
| April 2008 | 3% | £766pcm |
| April 2007 | 0% | £744pcm |
The last sale was on 16th September 2024 for £335,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 9 sales since 1995.
LU1 5SJ has seen 1 sale in the last three years and no sales in the last twelve months.
LU1 5SJ is the 292nd largest and the 474th most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 5SJ is Luton station which is 1.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LU1 5SJ, 37.9% of property is socially rented and 25.9% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LU1 5SJ, 32.9% of residents are recorded as possessing school level qualifications and 22.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LU1 5SJ, the average age was 34.4 and the most common age was 12.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LU1 5SJ, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LU1 5SJ, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.