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Postcode Overview
of LU1 5ET
LU1 5ET is a residential postcode located on Russell Rise, Luton, LU1. It is the 821st largest postcode in the LU1 area.
It contains 63 residential addresses consisting of 28 houses and 35 flats and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in LU1 5ET
The average house value is £195,889. 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 £117,444 for a leasehold flat, with 1 bedrooms split across 237 square feet of gross internal area and has no outside space to £363,278 for a freehold house, with 5 bedrooms split across 1,862 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LU1 5ET is £325/ft2.
Properties achieve a rental yield of between 5.8% and 7.3%, and rental values range from £613 to £1,806 per month.
Recent sales
within LU1 5ET
The last sale was 20 Jul 2023 for £170,000 and since then the market in the area as increased by -0.6%. The postcode has had a total of 4 sales since 1995.
LU1 5ET has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to LU1 5ET
LU1 5ET is the 821st largest and the 336th most expensive postcode out of the 879 postcodes in the LU1 area.
Property types
in LU1 5ET
LU1 5ET is a residential postcode located on Russell Rise, Luton, LU1 with 28 houses and 35 flats within its bounds.
The most common property type in LU1 5ET is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within LU1 5ET
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to LU1 5ET
Public transport nearby
to LU1 5ET
The closest station to LU1 5ET is Luton station which is 1.1 km away.
