LU1 5EG is a residential postcode located on Farley Hill, Luton, LU1. It is the 600th largest postcode in the LU1 area.
It contains 33 residential addresses consisting of 30 houses and 3 flats and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £271,569. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 6.0%.
Property sale values range from £155,112 for a leasehold flat, with 1 bedrooms split across 377 square feet of gross internal area and has a garden to £380,477 for a freehold house, with 5 bedrooms split across 1,711 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LU1 5EG is £283/ft2.
Properties achieve a rental yield of between 5.9% and 6.9%, and rental values range from £807 to £1,891 per month.
The last sale was 16 Oct 2023 for £200,000 and since then the market in the area as increased by -0.2%. The postcode has had a total of 4 sales since 1995.
LU1 5EG has seen 4 sales in the last three years and 1 sale in the last twelve months.
LU1 5EG is the 600th largest and the 537th most expensive postcode out of the 879 postcodes in the LU1 area.
LU1 5EG is a residential postcode located on Farley Hill, Luton, LU1 with 30 houses and 3 flats within its bounds.
The most common property type in LU1 5EG is a early-century house built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to LU1 5EG is Luton station which is 1.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LU1 5EG, 39.4% of property is privately rented and 23.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 5EG, 27.6% of residents are recorded as possessing school level qualifications and 33.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around LU1 5EG, the average age was 33.3 and the most common age was 32.
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 5EG, 0.3% 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 5EG, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.