Housing Market Analysis for MILLFIELD LANE, LU1 4AR

Are you looking to understand LU1 4AR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Central Bedfordshire postcode.

For the location information and nearby amenities in the LU1 4AR area, explore the LU1 4AR Area information page.
For comprehensive crime statistics in the LU1 4AR area, explore the LU1 4AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU1 4AR postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £355,430 median price is £320,000 Standard Deviation is £236,875 with Total Sold: 5
    • The Last 5 Year average price is £614,975 with Total Sold: 2
    • The most recent sale happened at this postcode is THE OLD SMITHY MILLFIELD LANE: £499,950 (Sold on 28 Nov 2022)
    • The first recorded sale happened at this postcode is FLINT COTTAGE MILLFIELD LANE: £137,500 (Sold on 21 Jul 1997)
  • Detached
    • The average price is around £737,250 median price is £722,500 Standard Deviation is £352,508 with Total Sold: 12
    • The Last 5 Year average price is £1,380,000 with Total Sold: 2
    • The most recent sale happened at this postcode is JAYS, 1 MILLFIELD LANE: £1,150,000 (Sold on 25 Nov 2022)
    • The first recorded sale happened at this postcode is JAYS, 1 MILLFIELD LANE: £275,000 (Sold on 28 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LU1 4AR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£499,950 £5,952 1
2020£730,000 £3,925 1
2013£320,000 £3,810 1
2010£89,700 £1,068 1
1997£137,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,150,0001
2020£1,610,000 £3,824 1
2015£836,250 £3,384 2
2014£525,0001
2011£775,000 £3,717 2
2007£745,000 £4,272 1
2006£447,0001
2002£436,250 £2,637 2
2000£275,0001

All the Sales in the MILLFIELD LANE, LU1 4AR

See the table below for more details on the sold house prices in the LU1 4AR, Central Bedfordshire postcode.

AddressSold DatePrice% Change
THE OLD SMITHY MILLFIELD LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1991-199528 Nov 2022£499,95056.23%
31 May 2013£320,000256.74%
13 Aug 2010£89,700First Sale
JAYS, 1 MILLFIELD LANEDetached, Freehold25 Nov 2022£1,150,000119.05%
21 Nov 2014£525,00017.45%
31 Mar 2006£447,0008.36%
08 Aug 2002£412,50050.00%
28 Apr 2000£275,000First Sale
MILLFIELD HOUSE MILLFIELD LANEDetached, FreeholdArea: 421 Sq.mtrAge: 1967-197516 Apr 2020£1,610,00091.67%
26 May 2015£840,000First Sale
THE OLD GRANARY MILLFIELD LANESemi-Detached, FreeholdArea: 186 Sq.mtrAge: 1991-199507 Feb 2020£730,000First Sale
MALLARDS BARN MILLFIELD LANEDetached, FreeholdArea: 174.41 Sq.mtrAge: 1996-200201 Apr 2015£832,50018.93%
16 Feb 2011£700,000-6.04%
10 Aug 2007£745,00061.96%
29 Nov 2002£460,000First Sale
MILLFIELD FARM MILLFIELD LANEDetached, FreeholdArea: 248.54 Sq.mtrAge: 1967-197528 Sep 2011£850,000First Sale
FLINT COTTAGE MILLFIELD LANESemi-Detached, Freehold21 Jul 1997£137,500First Sale

Check out the sold house prices near the LU1 4AR postcode. Properties currently for saleProperties currently for rent

MILLFIELD LANE, LU1 4AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU1 4AR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LU1 4AR postcode.

  • Semi-Detached
    • The average price is around £355,430 median price is £320,000 Standard Deviation is £236,875 with Total Sold: 5
    • The Last 5 Year average price is £614,975 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE OLD SMITHY MILLFIELD LANE: £499,950 (Sold on 28 Nov 2022)
    • The first recorded sale happened at this postcode is , FLINT COTTAGE MILLFIELD LANE: £137,500 (Sold on 21 Jul 1997)
  • Detached
    • The average price is around £737,250 median price is £722,500 Standard Deviation is £352,508 with Total Sold: 12
    • The Last 5 Year average price is £1,380,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , JAYS, 1 MILLFIELD LANE: £1,150,000 (Sold on 25 Nov 2022)
    • The first recorded sale happened at this postcode is , JAYS, 1 MILLFIELD LANE: £275,000 (Sold on 28 Apr 2000)
  • Other
    • The average price is around £1,006,500 median price is £1,006,500 Standard Deviation is £431,500 with Total Sold: 2
    • The Last 5 Year average price is £1,438,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 4, COTSWOLD ENTERPRISE CENTRE COTSWOLD BUSINESS PARK: £1,438,000 (Sold on 16 Apr 2020)
    • The first recorded sale happened at this postcode is , UNIT 2-3 COTSWOLD BUSINESS PARK: £575,000 (Sold on 07 Nov 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£499,950 £5,952 1
2020£730,000 £3,925 1
2013£320,000 £3,810 1
2010£89,700 £1,068 1
1997£137,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,150,0001
2020£1,610,000 £3,824 1
2015£836,250 £3,384 2
2014£525,0001
2011£775,000 £3,717 2
2007£745,000 £4,272 1
2006£447,0001
2002£436,250 £2,637 2
2000£275,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,438,0001
2017£575,0001

House Type in LU1 4AR area

The most common house types in the LU1 4AR postcode area are Detached (61), temporary structure (27), and Semi-detached (24).

Total129
Detached61
temporary structure27
Semi-detached24
Terraced16
commercial building1
Flat0
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright76
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency11
Social rented: Other social rented3
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LU1 4AR have 2 people in household (50), and 1 person in household (42).

2 people in household50
1 person in household42
3 people in household22
4 people in household10
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0