Richmond Drive - LU5 5FZ
Key Postcode Insights
LU5 5FZ is a residential postcode situated on Richmond Drive, Houghton Regis, Dunstable, LU5 with 21 addresses.
It ranks as the 349th largest and 357th most expensive of the 758 postcodes in the LU5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £332,988
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,656pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
LU5 5FZ is a residential postcode situated on Richmond Drive, Houghton Regis, Dunstable, LU5 with 21 addresses.
It ranks as the 349th largest and 357th most expensive of the 758 postcodes in the LU5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £332,988
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,656pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin LU5 5FZ
- 1 Richmond Drive
4 Bed Modern House
- 2 Richmond Drive
4 Bed Modern House
- 3 Richmond Drive
4 Bed Modern House
- 4 Richmond Drive
3 Bed Modern House
- 5 Richmond Drive
4 Bed Modern House
Sales Market Trends
The last sale in LU5 5FZ sold for £295,000 on 9th June 2023. Since then prices are up an average of 0.2%.
The current average value in the postcode is £332,988.
The LU5 5FZ Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £332,988 |
| June 2025 | 2.6% | £336,037 |
| June 2024 | -1.3% | £327,663 |
| June 2023 | 1.1% | £331,983 |
| June 2022 | 10.8% | £328,327 |
| June 2021 | 6.3% | £296,351 |
| June 2020 | 2% | £278,862 |
| June 2019 | -1% | £273,371 |
| June 2018 | 2.2% | £276,043 |
| June 2017 | 8.9% | £270,126 |
| June 2016 | 16.7% | £248,024 |
| June 2015 | 13.5% | £212,475 |
| June 2014 | 9.5% | £187,163 |
| June 2013 | 1.6% | £170,860 |
| June 2012 | -0.6% | £168,087 |
| June 2011 | 1.9% | £169,033 |
| June 2010 | 7% | £165,830 |
| June 2009 | -12.9% | £154,967 |
| June 2008 | -1.8% | £177,835 |
| June 2007 | 0% | £181,023 |
Rental Market Trends
The current average rental value in the postcode is £1,656.
The LU5 5FZ Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,656pcm |
| June 2025 | 4.6% | £1,621pcm |
| June 2024 | 8.8% | £1,549pcm |
| June 2023 | 9.7% | £1,423pcm |
| June 2022 | 9.7% | £1,298pcm |
| June 2021 | 5.2% | £1,182pcm |
| June 2020 | 1.6% | £1,124pcm |
| June 2019 | 0.1% | £1,106pcm |
| June 2018 | -0.1% | £1,105pcm |
| June 2017 | 3.7% | £1,106pcm |
| June 2016 | 9.4% | £1,066pcm |
| June 2015 | 7.3% | £975pcm |
| June 2014 | 4.4% | £909pcm |
| June 2013 | 2% | £871pcm |
| June 2012 | 2.4% | £854pcm |
| June 2011 | 0.6% | £835pcm |
| June 2010 | 7.5% | £830pcm |
| June 2009 | -5.3% | £772pcm |
| June 2008 | 1.4% | £815pcm |
| June 2007 | 0% | £804pcm |
Sales History
The last sale was on 9th June 2023 for £295,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 19 sales since 1995.
LU5 5FZ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2023£295,000 | 3 Bed House14, Richmond Drive, Dunstable, LU5 5FZ14, Richmond Drive, Dunstable, LU5 5FZ
- Sold Jan 2023£300,000 | 3 Bed House16, Richmond Drive, Dunstable, LU5 5FZ16, Richmond Drive, Dunstable, LU5 5FZ
- Sold Jun 2021£260,000 | 3 Bed House8, Richmond Drive, Dunstable, LU5 5FZ8, Richmond Drive, Dunstable, LU5 5FZ
- Sold Sep 2019£233,000 | 3 Bed House6, Richmond Drive, Dunstable, LU5 5FZ6, Richmond Drive, Dunstable, LU5 5FZ
- Sold Jul 2019£246,500 | 3 Bed House16, Richmond Drive, Dunstable, LU5 5FZ16, Richmond Drive, Dunstable, LU5 5FZ
Nearby Postcodes
LU5 5FZ is the 349th largest and the 357th most expensive postcode out of the 758 postcodes in the LU5 area.
- LU5 5GD, Richmond Drive, Houghton Regis, Dunstable, LU5LU5 5GD28 Addresses|42 m away
- LU5 5GH, Richmond Drive, Houghton Regis, Dunstable, LU5LU5 5GH18 Addresses|44 m away
- LU5 5FX, Frogmore Road, Houghton Regis, Dunstable, LU5LU5 5FX35 Addresses|64 m away
- LU5 5FW, Holyrood Drive, Houghton Regis, Dunstable, LU5LU5 5FW49 Addresses|69 m away
- LU5 5FY, Balmoral Road, Houghton Regis, Dunstable, LU5LU5 5FY20 Addresses|96 m away
Property Types
- 21 modern houses built after 1980
- modern house (21)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (18)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2023£300,000 | 3 Bed House16, Richmond Drive, Dunstable, LU5 5FZ16, Richmond Drive, Dunstable, LU5 5FZ
- Sold Jun 2023£295,000 | 3 Bed House14, Richmond Drive, Dunstable, LU5 5FZ14, Richmond Drive, Dunstable, LU5 5FZ
- Sold Jun 2021£260,000 | 3 Bed House8, Richmond Drive, Dunstable, LU5 5FZ8, Richmond Drive, Dunstable, LU5 5FZ
Schools Nearby
- Chantry Primary Academy600 m away
- Southfield Primary Academy800 m away
- Lime Tree Primary Academy800 m away
- Houstone School1.0 km away
- The Chalk Hills Academy1.2 km away
- All Saints Academy Dunstable2.2 km away
More reading links
Public Transport Nearby
The closest station to LU5 5FZ is Leagrave station, which is 2.9 kilometres away.
- Leagrave|2.9 km away
- Harlington (Bedfordshire)|6.3 km away
- Luton|6.5 km away
- Luton Airport Parkway|8.0 km away