Property profile

5 Homestead Way

Map showing 5, Homestead Way, Luton

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£350,000

Semi-Detached sold in Farley

The box shows the middle 50% of semi-detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold19 Jul 2019
£250,500Change since last sale: +£101,000 (+40%)
Annualised change
+4.8% per yearLuton annualised change (semi-detached) since 2019: +3.0% per yearThis property's value grew faster than the market
Price per sq ftLocal median £334 per sq ft
£380 per sq ftEstimate vs local median: +£46 per sq ft (+14%)
Local sold pricesMedian for semi-detached in Farley
£329,000Estimate vs local median: +£23,000 (+7.0%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Semi-Detached
TenureFreehold
Construction period1950-1966
Floor area86 m² / 926 sq ft
Rooms5 habitable / 3 heated
EPC ratingD
EPC inspection04 Oct 2018

Sales history

DatePriceChange
19 Jul 2019£250,500-

Local market

Property prices in Farley

Median price: £300,000
Price per sq ft: £327
Sales (last 12 months): 83
Typical range (middle 50%): £230K – £331K

Based on 83 recent sales, the median property price is £300,000 (about £327 per square foot) in Farley area, with individual transactions ranging from £76,000 up to £520,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Farley over the last year.
TypeSalesMedian£/sq ft
Detached1£520,000£366
Semi-Detached34£329,000£334
Terraced35£295,000£334
Flats13£150,000£252

10-year price trendmedian sale price in Farley

Sale price

Ten year median sale price trend for each property type in Farley.
YearFlatsSemi-DetachedTerraced
2016£132,500£250,000£240,000
2017£130,000£265,000£237,000
2018£140,000£268,000£247,689
2019£127,500£265,000£225,000
2020£130,000£265,000£250,500
2021£165,000£295,000£243,750
2022£143,000£325,000£272,500
2023£127,000£330,000£302,500
2024£140,000£322,000£280,000
2025£150,000£340,000£300,000
2026£130,000£330,000£260,500
Ten year median sale price trend for each property type in Farley.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Farley.
YearFlatsSemi-DetachedTerraced
2016£232£273£269
2017£252£279£283
2018£293£286£270
2019£244£285£267
2020£214£293£279
2021£284£314£290
2022£267£342£301
2023£253£339£354
2024£268£333£342
2025£255£335£347
2026£252£360£332
Ten year median sale price per square foot trend for each property type in Farley.

Price distribution by property typelast 12 months

Price distribution by property type for Farley in the last year.

Recent sales

There were 23 recent sold properties in the last 18 months near LU1 5PD.

Recent sold properties in the last 18 months near LU1 5PD
DateAddressTypeTenurePriceMap
15 May 20261, Homestead Way, Luton, LU1 5PDSemi-DetachedFreehold£360,000
24 Mar 202617, Homestead Way, Luton, LU1 5PDSemi-DetachedFreehold£330,000
25 Feb 2026198, Farley Hill, Luton, LU1 5NUDetachedFreehold£520,000
05 Dec 2025178, Farley Hill, Luton, LU1 5NUTerracedFreehold£352,000
24 Nov 202536, Farley Farm Road, Luton, LU1 5PBSemi-DetachedFreehold£243,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Homestead Way, LutonFreehold83 m²£360,000 (2026)
3 Homestead Way, Luton-83 m²-
4 Homestead Way, Luton, LutonFreehold82 m²£290,000 (2021)
6 Homestead Way, LutonFreehold104 m²£390,000 (2023)
7, Homestead Way, LutonFreehold84 m²£166,000 (2005)
9 Homestead Way, Luton-87 m²-
10 Homestead Way, LutonFreehold84 m²£152,000 (2011)
11 Homestead Way, LutonFreehold106 m²£171,000 (2021)
13 Homestead Way, LutonFreehold117 m²£162,000 (2010)
14, Homestead Way, Luton-82 m²-

Area insights for LU1 5PD

Full area profile →

Overview

Postcode LU1 5PD is located in an urban city, within the Farley area of Luton in the East of England region, and forms part of the Farley Hill & Stockwood Park area. It has very high deprivation and very high crime levels, with around 121.4 crimes per 1,000 residents per year, roughly 1.5× the East of England average of 82 per 1,000. The average income per household in Farley Hill & Stockwood Park is £47,824 per year. The median sale price in Farley is £300,000 (around £327 per square foot), with typical sale prices between £230,000 and £331,250. The nearest station is Luton, about 1.2 miles away. There are 8 primary and 1 secondary schools in the area. There is 1 park nearby, the closest large park is Stockwood Park.

Crime rate
9/10
Crimes per 1k residents
121
Deprivation level
10/10
Income level
2/10
Social housing
32.5%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Medium

Deprivation level

10/10

Farley Hill & Stockwood Park has a very high level of deprivation, ranked at position 2,269 out of 32,844 areas in England, placing it within the top 7% most deprived areas in England.

Crime level

9/10

Farley Hill & Stockwood Park has a very high crime rate, with approximately 121.4 reported incidents per 1,000 population each year.

Social housing

32.5%

Approximately 32.5% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 31.1% of dwellings are socially rented.

Income level

2/10

The average income per household in Farley Hill & Stockwood Park is £47,824 per year.

Noise Level

Medium

Medium noise level (60.0-64.9 dB) from road, approximately 288 ft away from LU1 5PD.

Flood risk

No risk

Farley Hill & Stockwood Park near LU1 5PD has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Luton located about 1.2 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for LU1 5PD
DistanceNameSizeDirections
0.4 miStockwood ParkLargeWalking directions to Stockwood Park

Area Profile

Population
382
Population density
7,045.9 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
52.49(+66%)
Anti-social behaviour
35.52(+207%)
Other theft
17.5(+220%)
Vehicle crime
12.73(+189%)
Criminal damage and arson
12.2(+92%)
East of England average

Demographics

Ethnic groups

British
129
33.42%
Pakistani
57
14.77%
Other White
51
13.21%
Other
34
8.81%
African
26
6.74%
Total population: 386

Economics

Education (age 16+)

No qualifications
77
27.11%
Level 4+ (Degree)
77
27.11%
Level 2 (GCSEs 9-4)
40
14.08%
Level 3 (A level)
39
13.73%
Level 1 (GCSEs 3-1)
37
13.03%
Total 16+ residents: 284

Housing

Housing tenure

Owns with a mortgage
45
35.71%
Social rents from council
35
27.78%
Private landlord or letting agency
20
15.87%
Owns outright
19
15.08%
Other social rented
6
4.76%
Total households: 126

Schools

In the LU1 5PD postcode area, located within Farley Hill & Stockwood Park, there are 8 primary and 1 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.

Nearby schools for LU1 5PD
DistancePhaseNameTypeRatingLinks
0.3 miPrimaryFarley Junior AcademyAcademy converter
0.3 miPrimaryHillborough Junior SchoolCommunity school
0.3 miPrimaryHillborough Infant and Nursery SchoolCommunity school

Local amenities

2 nearby supermarkets & convenience stores within 0.5 mi of LU1 5PD

Nearby supermarkets & convenience stores for LU1 5PD
DistanceNameAddressDirections
0.2 miBudget Supermarket15-17 The Crossway, Luton, LU1 5LYWalking directions to Budget Supermarket
0.5 miFarley Convenience Store19 Meyrick Avenue, Luton, LU1 5JNWalking directions to Farley Convenience Store