House Prices in LU1 5FT

Luton 518 properties Avg. price: £73,421
518
Properties
£73K
Average Price
£47K
Lowest Sale
£319K
Highest Sale

Market overview

# LU1 5FT Area Summary

The LU1 5FT postcode falls within Luton, covering an area in the town centre or nearby districts. With 518 properties recorded and an **average price of just £73,421**, this represents one of the most affordable residential areas in the UK property market. This exceptionally low average price point strongly suggests the area is dominated by leasehold flats, potentially ex-local authority properties, or properties requiring significant renovation, rather than traditional houses.

The pricing in LU1 5FT sits well below both regional and national averages, making it an area of interest primarily for first-time buyers seeking minimal entry costs, buy-to-let investors targeting the lower end of the rental market, or cash buyers looking for renovation projects. Luton's property market generally offers value compared to surrounding Home Counties locations, benefiting from London commuter links via the railway station and proximity to Luton Airport. However, this particular postcode's pricing suggests it faces challenges common to some central Luton areas, including older housing stock and higher population density.

Property investors should note that whilst the low entry price offers accessibility, such areas typically experience slower capital appreciation and may present higher management requirements for rental properties. The substantial number of properties (518) indicates a well-established residential zone with reasonable market liquidity for both purchases and sales.

AI-generated market summary · Updated 23 Jun 2026

Price Trends

Properties in LU1 5FT

518 total
Unit 528, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £55,000 18 Oct 2024 Unit 156, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £54,630 30 Sep 2024 Unit 464, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £53,000 31 Jul 2024 Unit 257, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £51,174 16 May 2024 Unit G18, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £47,000 27 Mar 2024 Unit 462, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £75,000 21 Mar 2024 Unit 359, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £55,087 15 Feb 2024 Unit 161, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,977 2 Feb 2024 Unit 430, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £60,000 31 Jan 2024 Unit 181, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £69,501 17 Jan 2024 Unit 110, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £172,000 1 Jul 2020 Unit 210, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £200,000 2 Apr 2019 Unit 169, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £80,950 30 Jan 2018 Unit 163, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £82,950 30 Jan 2018 Unit G53, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £84,950 30 Jan 2018 Unit G54, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £84,950 30 Jan 2018 Unit A01, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £84,950 30 Jan 2018 Unit G46, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 30 Jan 2018 Unit 363, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £82,950 30 Jan 2018 Unit 373, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 25 Jan 2018 Unit 104, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £63,750 25 Jan 2018 Unit G48, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £80,950 23 Jan 2018 Unit 368, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £69,950 22 Jan 2018 Unit 461, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £80,950 22 Jan 2018 Unit 415, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £67,300 19 Jan 2018 Unit 354, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 18 Jan 2018 Unit 538, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £82,950 18 Jan 2018 Unit 532, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 17 Jan 2018 Unit 151, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 253, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £75,950 16 Jan 2018 Unit A15, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £84,950 16 Jan 2018 Unit 352, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 355, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 465, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 551, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 171, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £80,950 16 Jan 2018 Unit 153, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 155, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 277, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 254, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £75,950 16 Jan 2018 Unit 547, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £80,950 16 Jan 2018 Unit 262, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £82,950 16 Jan 2018 Unit 263, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £82,950 16 Jan 2018 Unit 529, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £75,950 16 Jan 2018 Unit 260, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £64,950 16 Jan 2018 Unit 376, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit A12, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £84,950 16 Jan 2018 Unit 467, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,950 16 Jan 2018 Unit 360, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £64,950 16 Jan 2018 Unit 447, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £85,000 16 Jan 2018

Frequently Asked Questions

What is the average house price in LU1 5FT?

The average house price in LU1 5FT, Luton is £73,421. Prices range from £47,000 to £318,750.

How many properties are in LU1 5FT?

There are 518 properties in LU1 5FT, Luton.

What types of properties are in LU1 5FT?

LU1 5FT contains 335 flat / maisonette properties, 183 other properties.

How have house prices changed in LU1 5FT?

Average house prices in LU1 5FT have fallen by 3.4% from £61,226 in 2016 to £59,137 in 2024.

Where is LU1 5FT located?

LU1 5FT is located in Luton, Luton, England.