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 398, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,950 Unit 395, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,950 Unit 508, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 423, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 513, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 517, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 514, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 515, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 416, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 414, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 516, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 238, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,380 Unit 236, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 399, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,950 Unit 397, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,950 Unit 230, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 228, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 295, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 227, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 325, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 323, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit A05, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £71,300 Unit 223, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 124, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 417, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,180 Unit 418, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 324, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 225, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 137, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 136, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 138, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,950 Unit 237, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,950 Unit 501, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £67,300 Unit 196, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit G23, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £59,535 Unit 197, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £70,950 Unit 195, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £67,300 Unit 301, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £56,700 Unit 419, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit G06, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £59,535 Unit 134, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £59,535 Unit 203, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £56,700 Unit G08, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £59,535 Unit G13, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £231,070 Unit 307, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £56,700 Unit 117, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £75,180 Unit 511, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Flat / Maisonette £67,300 Unit 219, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £56,700 Unit 220, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £56,700 Unit G20, Spring Place Student Halls, 4, Dumfries Street, Luton, LU1 5FT Other £56,700

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.