Grove Road - LU5 5PE
Key Postcode Insights
LU5 5PE is a residential postcode situated on Grove Road, Houghton Regis, Dunstable, LU5 with 31 addresses.
It ranks as the 469th largest and 177th most expensive of the 758 postcodes in the LU5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £272,990
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,444pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £322/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
LU5 5PE is a residential postcode situated on Grove Road, Houghton Regis, Dunstable, LU5 with 31 addresses.
It ranks as the 469th largest and 177th most expensive of the 758 postcodes in the LU5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £272,990
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,444pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £322/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin LU5 5PE
- School House
3 Bed Mid-century House
- 95 Grove Road
3 Bed Mid-century House
- 97 Grove Road
3 Bed Mid-century House
- 99 Grove Road
3 Bed Mid-century House
- 101 Grove Road
3 Bed Mid-century House
Sales Market Trends
The last sale in LU5 5PE sold for £255,000 on 5th June 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £272,990.
The LU5 5PE Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £272,990 |
| June 2025 | 2.6% | £275,000 |
| June 2024 | -1.4% | £268,134 |
| June 2023 | 1.1% | £271,812 |
| June 2022 | 11% | £268,789 |
| June 2021 | 6.4% | £242,076 |
| June 2020 | 1.9% | £227,564 |
| June 2019 | -1.2% | £223,408 |
| June 2018 | 2.2% | £226,035 |
| June 2017 | 9% | £221,127 |
| June 2016 | 16.9% | £202,921 |
| June 2015 | 13.6% | £173,527 |
| June 2014 | 9.8% | £152,764 |
| June 2013 | 1.6% | £139,112 |
| June 2012 | -0.4% | £136,919 |
| June 2011 | 1.6% | £137,439 |
| June 2010 | 6.9% | £135,298 |
| June 2009 | -13% | £126,529 |
| June 2008 | -1.8% | £145,491 |
| June 2007 | 0% | £148,183 |
Rental Market Trends
The current average rental value in the postcode is £1,444.
The LU5 5PE Rental Market has increased by 55.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,444pcm |
| June 2025 | 4.6% | £1,411pcm |
| June 2024 | 8.8% | £1,349pcm |
| June 2023 | 9.9% | £1,240pcm |
| June 2022 | 9.8% | £1,127pcm |
| June 2021 | 5.3% | £1,027pcm |
| June 2020 | 1.5% | £975pcm |
| June 2019 | 0% | £960pcm |
| June 2018 | -0.1% | £961pcm |
| June 2017 | 3.9% | £962pcm |
| June 2016 | 9.6% | £926pcm |
| June 2015 | 7.5% | £845pcm |
| June 2014 | 4.5% | £787pcm |
| June 2013 | 1.8% | £753pcm |
| June 2012 | 2.5% | £739pcm |
| June 2011 | 0.6% | £721pcm |
| June 2010 | 7.1% | £717pcm |
| June 2009 | -5.4% | £669pcm |
| June 2008 | 1.4% | £707pcm |
| June 2007 | 0% | £698pcm |
Sales History
The last sale was on 5th June 2025 for £255,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 35 sales since 1995.
LU5 5PE has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£255,000 | 3 Bed House139, Grove Road, Dunstable, LU5 5PE139, Grove Road, Dunstable, LU5 5PE
- Sold Dec 2024£202,000 | 3 Bed House139, Grove Road, Dunstable, LU5 5PE139, Grove Road, Dunstable, LU5 5PE
- Sold Feb 2023£285,000 | 3 Bed House127, Grove Road, Dunstable, LU5 5PE127, Grove Road, Dunstable, LU5 5PE
- Sold Oct 2022£302,000 | 3 Bed House95, Grove Road, Dunstable, LU5 5PE95, Grove Road, Dunstable, LU5 5PE
- Sold Dec 2020£270,000 | 3 Bed House101, Grove Road, Dunstable, LU5 5PE101, Grove Road, Dunstable, LU5 5PE
Nearby Postcodes
LU5 5PE is the 469th largest and the 177th most expensive postcode out of the 758 postcodes in the LU5 area.
- LU5 5QZ, Grove Road, Houghton Regis, Dunstable, LU5LU5 5QZ8 Addresses|48 m away
- LU5 5PB, School Walk, Houghton Regis, Dunstable, LU5LU5 5PB8 Addresses|67 m away
- LU5 5NU, Hillborough Crescent, Houghton Regis, Dunstable, LU5LU5 5NU27 Addresses|104 m away
- LU5 5NX, Hillborough Crescent, Houghton Regis, Dunstable, LU5LU5 5NX43 Addresses|124 m away
- LU5 5PF, Grove Road, Houghton Regis, Dunstable, LU5LU5 5PF46 Addresses|153 m away
Property Types
- 29 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (29)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (4)
- F (0)
- C (14)
- G (0)
- D (10)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2022£575,000 | 4 Bed House16, Grove Road, Dunstable, LU5 4BY16, Grove Road, Dunstable, LU5 4BY
- Sold Oct 2022£415,000 | 3 Bed House12, Grove Road, Dunstable, LU5 4BY12, Grove Road, Dunstable, LU5 4BY
- Sold Feb 2023£415,000 | 2 Bed FlatField View 1A, Grove Road, Houghton Regis, Dunstable, Beds, LU5 5PDField View 1A, Grove Road, Houghton Regis, Dunstable, Beds, LU5 5PD
Schools Nearby
- Thornhill Primary School100 m away
- Lime Tree Primary Academy600 m away
- St Vincent's Catholic Primary School900 m away
- Houstone School700 m away
- All Saints Academy Dunstable2.6 km away
- The Chalk Hills Academy2.6 km away
More reading links
Public Transport Nearby
The closest station to LU5 5PE is Leagrave station, which is 3.8 kilometres away.
- Leagrave|3.8 km away
- Harlington (Bedfordshire)|5.2 km away
- Luton|7.7 km away
- Luton Airport Parkway|9.2 km away
