LU1 5SL is a residential postcode situated on Cornel Close, Luton, LU1 with 8 addresses.
It ranks as the 202nd largest and 138th 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 8 properties: 8 flats.
LU1 5SL is a residential postcode situated on Cornel Close, Luton, LU1 with 8 addresses.
It ranks as the 202nd largest and 138th 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 8 properties: 8 flats.
Sale prices range from £139,340 for 2 bedroom leasehold flats (527 ft2) to £144,142 for 2 bedroom leasehold flats (570 ft2) .
Monthly rental prices range from £926 pcm for 2 bed flats to £950 pcm for 2 bed flats.
The gross rental yield is between 7.9% and 8.0%.
The average value per square foot is £255.
The last sale in LU1 5SL sold for £98,000 on 11th February 2008. Since then prices are up an average of 37.7%.
The current average value in the postcode is £142,055.
The LU1 5SL Sales Market has increased by 14.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £142,055 |
| April 2025 | 1.3% | £140,274 |
| April 2024 | -0.4% | £138,541 |
| April 2023 | 0.6% | £139,028 |
| April 2022 | 3.5% | £138,231 |
| April 2021 | 3.3% | £133,533 |
| April 2020 | 1.4% | £129,237 |
| April 2019 | -6.3% | £127,515 |
| April 2018 | 1.5% | £136,058 |
| April 2017 | 8% | £134,043 |
| April 2016 | 22.6% | £124,161 |
| April 2015 | 10.8% | £101,297 |
| April 2014 | 6.4% | £91,427 |
| April 2013 | 1.4% | £85,896 |
| April 2012 | -0.6% | £84,733 |
| April 2011 | 1.2% | £85,229 |
| April 2010 | 0.8% | £84,210 |
| April 2009 | -17.3% | £83,564 |
| April 2008 | -1.3% | £101,079 |
| April 2007 | 0% | £102,388 |
The current average rental value in the postcode is £939.
The LU1 5SL Rental Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £939pcm |
| April 2025 | 0.9% | £923pcm |
| April 2024 | 10.3% | £915pcm |
| April 2023 | 12.8% | £830pcm |
| April 2022 | 5.6% | £736pcm |
| April 2021 | 0% | £697pcm |
| April 2020 | -1.3% | £697pcm |
| April 2019 | -0.4% | £706pcm |
| April 2018 | -3.8% | £709pcm |
| April 2017 | 4.4% | £737pcm |
| April 2016 | 8.3% | £706pcm |
| April 2015 | 8.8% | £652pcm |
| April 2014 | 2.2% | £600pcm |
| April 2013 | 0% | £587pcm |
| April 2012 | 0.8% | £587pcm |
| April 2011 | 1.9% | £583pcm |
| April 2010 | 0.1% | £571pcm |
| April 2009 | -7.3% | £571pcm |
| April 2008 | 1.4% | £615pcm |
| April 2007 | 0% | £607pcm |
The last sale was on 11th February 2008 for £98,000 and since then the market in the area has increased by 37.7%. The postcode has had a total of 2 sales since 1995.
LU1 5SL has seen no sales in the last three years and no sales in the last twelve months.
LU1 5SL is the 202nd largest and the 138th most expensive postcode out of the 818 postcodes in the LU1 area.
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The closest station to LU1 5SL is Luton station which is 1.9 kilometres away.
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