Housing Market Analysis for OAKWOOD AVENUE, LU5 4AR

Are you looking to understand LU5 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 LU5 4AR area, explore the LU5 4AR Area information page.
For comprehensive crime statistics in the LU5 4AR area, explore the LU5 4AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU5 4AR postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £174,274 median price is £154,000 Standard Deviation is £90,880 with Total Sold: 10
- The Last 5 Year average price is £343,000 with Total Sold: 2
- The most recent sale happened at this postcode is 38 OAKWOOD AVENUE: £350,000 (Sold on 18 Apr 2023)
- The first recorded sale happened at this postcode is 36 OAKWOOD AVENUE: £59,995 (Sold on 30 Oct 1998)
Terraced
- The average price is around £154,130 median price is £135,000 Standard Deviation is £51,878 with Total Sold: 15
- The Last 5 Year average price is £180,000 with Total Sold: 2
- The most recent sale happened at this postcode is 48 OAKWOOD AVENUE: £230,000 (Sold on 29 Mar 2019)
- The first recorded sale happened at this postcode is 14 OAKWOOD AVENUE: £65,000 (Sold on 27 Oct 2000)
Flat
- The average price is around £133,000 median price is £116,000 Standard Deviation is £48,025 with Total Sold: 5
- The Last 5 Year average price is £185,000 with Total Sold: 1
- The most recent sale happened at this postcode is 27 OAKWOOD AVENUE: £185,000 (Sold on 29 Mar 2019)
- The first recorded sale happened at this postcode is 18 OAKWOOD AVENUE: £64,000 (Sold on 27 Aug 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000	£4,089	1
2021	£336,000	£3,925	1
2013	£158,000	£1,927	1
2012	£150,000	£1,829	1
2010	£162,500	£1,898	1
2008	£177,995	£2,171	1
2006	£125,000	£1,389	1
2002	£136,250		1
2001	£87,000	£1,016	1
1998	£59,995		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£180,000	£2,094	2
2018	£233,750	£2,739	2
2017	£206,500	£2,682	2
2007	£124,998	£1,776	2
2006	£138,000	£1,690	3
2005	£122,475	£1,499	2
2002	£97,500	£1,283	1
2000	£65,000	£855	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£185,000	£2,606	1
2018	£190,000	£2,879	1
2013	£110,000	£1,692	1
2007	£116,000	£1,758	1
2003	£64,000	£941	1

All the Sales in the OAKWOOD AVENUE, LU5 4AR

See the table below for more details on the sold house prices in the LU5 4AR, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
38 OAKWOOD AVENUESemi-Detached, FreeholdArea: 85.6 Sq.mtrAge: 1950-1966	18 Apr 2023	£350,000	4.17%
	17 Dec 2021	£336,000	106.77%
	12 Nov 2010	£162,500	86.78%
	27 Apr 2001	£87,000	First Sale
48 OAKWOOD AVENUETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	29 Mar 2019	£230,000	65.47%
	06 Oct 2006	£139,000	15.88%
	31 Jan 2005	£119,950	First Sale
27 OAKWOOD AVENUEFlat, LeaseholdArea: 71 Sq.mtrAge: 1950-1966	29 Mar 2019	£185,000	First Sale
15 OAKWOOD AVENUETerraced, FreeholdArea: 99 Sq.mtrAge: 1950-1966	14 Jan 2019	£130,000	First Sale
50 OAKWOOD AVENUEFlat, LeaseholdArea: 66 Sq.mtrAge: 1967-1975	29 Nov 2018	£190,000	63.79%
	18 Jan 2007	£116,000	First Sale
14 OAKWOOD AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	18 May 2018	£232,500	13.41%
	06 Apr 2017	£205,000	51.85%
	11 Jul 2007	£135,000	38.46%
	15 Nov 2002	£97,500	50.00%
	27 Oct 2000	£65,000	First Sale
34 OAKWOOD AVENUETerraced, FreeholdArea: 97.16 Sq.mtrAge: 1950-1966	28 Mar 2018	£235,000	67.86%
	27 Oct 2006	£140,000	First Sale
31 OAKWOOD AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	23 Jan 2017	£208,000	First Sale
52 OAKWOOD AVENUEFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-1966	12 Jul 2013	£110,000	First Sale
23 OAKWOOD AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	21 Jun 2013	£158,000	5.33%
	09 Oct 2012	£150,000	-15.73%
	06 Jun 2008	£177,995	First Sale
20 OAKWOOD AVENUETerraced, Leasehold	18 Jul 2007	£114,995	First Sale
33 OAKWOOD AVENUETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	23 Oct 2006	£135,000	First Sale
25 OAKWOOD AVENUESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	17 Mar 2006	£125,000	First Sale
46 OAKWOOD AVENUETerraced, Freehold	16 Mar 2005	£125,000	First Sale
18 OAKWOOD AVENUEFlat, LeaseholdArea: 68 Sq.mtrAge: 1950-1966	27 Aug 2003	£64,000	First Sale
36 OAKWOOD AVENUESemi-Detached, Freehold	28 Nov 2002	£136,250	127.10%
36 OAKWOOD AVENUESemi-Detached, Freehold	30 Oct 1998	£59,995	First Sale

Check out the sold house prices near the LU5 4AR postcode. Properties currently for saleProperties currently for rent

OAKWOOD AVENUE, LU5 4AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU5 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 LU5 4AR postcode.

Flat
- The average price is around £121,185 median price is £127,250 Standard Deviation is £54,349 with Total Sold: 562
- The Last 5 Year average price is £162,894 with Total Sold: 78
- The most recent sale happened at this postcode is , 127 WATLING GARDENS: £190,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 37 GRAHAM ROAD: £25,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £188,808 median price is £175,000 Standard Deviation is £97,016 with Total Sold: 874
- The Last 5 Year average price is £326,922 with Total Sold: 125
- The most recent sale happened at this postcode is , 15 GRAPHIC CLOSE: £300,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 18 GRAPHIC CLOSE: £53,250 (Sold on 19 Jan 1995)
Terraced
- The average price is around £174,754 median price is £158,750 Standard Deviation is £111,337 with Total Sold: 662
- The Last 5 Year average price is £299,350 with Total Sold: 107
- The most recent sale happened at this postcode is , 48 BIRCHSIDE: £285,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 17 GRAPHIC CLOSE: £43,000 (Sold on 19 Jan 1995)
Detached
- The average price is around £254,966 median price is £247,995 Standard Deviation is £123,377 with Total Sold: 361
- The Last 5 Year average price is £417,670 with Total Sold: 49
- The most recent sale happened at this postcode is , 8 SEAMONS CLOSE: £515,000 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 25 GRAPHIC CLOSE: £94,995 (Sold on 26 Jan 1995)
Other
- The average price is around £1,436,003 median price is £763,000 Standard Deviation is £1,807,115 with Total Sold: 19
- The Last 5 Year average price is £1,552,723 with Total Sold: 7
- The most recent sale happened at this postcode is , 199 LONDON ROAD: £290,000 (Sold on 10 May 2024)
- The first recorded sale happened at this postcode is , ROSEWOOD COURT, 175 LONDON ROAD: £2,285,000 (Sold on 03 Jul 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,667		3
2023	£172,965	£3,117	13
2022	£159,048	£2,984	21
2021	£166,961	£2,972	21
2020	£148,444	£2,936	9
2019	£155,364	£2,617	11
2018	£175,385	£2,994	26
2017	£156,163	£2,850	29
2016	£144,463	£2,694	27
2015	£117,614	£2,056	24
2014	£116,285	£2,100	21
2013	£103,492	£1,863	11
2012	£114,125	£1,725	4
2011	£108,000	£2,113	5
2010	£103,187	£1,733	8
2009	£94,400	£1,789	5
2008	£127,515	£2,155	11
2007	£148,677	£2,545	46
2006	£161,672	£2,674	83
2005	£96,792	£1,739	12
2004	£114,157	£1,962	35
2003	£82,694	£1,771	18
2002	£70,559	£1,501	20
2001	£46,466	£1,002	15
2000	£49,607	£1,094	28
1999	£36,103	£940	17
1998	£36,297	£907	21
1997	£31,875	£785	8
1996	£28,998	£540	3
1995	£27,536	£639	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,167	£5,079	6
2023	£340,660	£4,172	25
2022	£378,222	£4,267	18
2021	£333,905	£3,757	42
2020	£281,136	£3,211	11
2019	£285,620	£3,597	23
2018	£316,945	£3,617	37
2017	£290,168	£3,285	27
2016	£269,703	£3,344	32
2015	£257,273	£2,701	40
2014	£226,705	£2,579	39
2013	£183,094	£2,165	19
2012	£174,080	£2,202	22
2011	£186,553	£2,227	19
2010	£184,375	£2,196	20
2009	£171,962	£2,070	21
2008	£198,477	£2,304	22
2007	£200,887	£2,281	31
2006	£180,430	£2,152	31
2005	£166,676	£1,933	34
2004	£171,095	£1,928	36
2003	£158,203	£2,034	38
2002	£127,157	£1,465	40
2001	£114,520	£1,371	44
2000	£97,181	£1,122	34
1999	£80,247	£899	38
1998	£69,651	£841	33
1997	£67,829	£833	40
1996	£62,201	£673	29
1995	£59,022	£657	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£307,500		2
2023	£405,296	£5,007	16
2022	£315,943	£3,519	23
2021	£283,578	£3,520	32
2020	£250,206	£2,927	17
2019	£255,059	£2,725	17
2018	£280,756	£3,642	35
2017	£245,490	£2,969	24
2016	£224,187	£2,656	24
2015	£209,932	£2,484	28
2014	£204,774	£2,160	40
2013	£152,833	£1,982	12
2012	£162,182	£2,025	11
2011	£148,250	£2,032	4
2010	£129,571	£1,415	7
2009	£147,833	£1,999	12
2008	£160,766	£1,975	15
2007	£156,617	£1,935	33
2006	£187,402	£2,235	63
2005	£146,131	£1,784	30
2004	£137,499	£1,623	23
2003	£127,428	£1,563	21
2002	£103,556	£1,291	34
2001	£79,574	£984	26
2000	£80,178	£982	18
1999	£64,365	£813	19
1998	£55,706	£649	23
1997	£48,883	£595	23
1996	£46,356	£559	17
1995	£41,423	£463	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£515,000		1
2023	£410,000	£4,489	8
2022	£467,000	£4,152	10
2021	£397,511	£4,701	12
2020	£367,611	£3,406	9
2019	£435,803	£3,478	9
2018	£358,165	£3,804	15
2017	£385,611	£3,273	9
2016	£380,214	£3,226	14
2015	£342,611	£3,138	27
2014	£308,824	£2,654	17
2013	£277,786	£2,383	14
2012	£243,429	£2,554	7
2011	£230,727	£2,474	13
2010	£303,750	£3,222	4
2009	£249,914	£2,501	7
2008	£241,375	£2,245	4
2007	£304,909	£2,698	11
2006	£260,437	£2,200	16
2005	£259,049	£2,284	9
2004	£221,733	£2,133	9
2003	£227,338	£1,911	9
2002	£197,029	£1,702	15
2001	£198,024	£1,542	16
2000	£172,421	£1,497	7
1999	£115,893	£1,159	14
1998	£134,727	£1,059	11
1997	£95,558	£962	12
1996	£76,595	£761	21
1995	£106,567	£949	31

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,000		1
2022	£1,215,000		1
2021	£1,674,687		3
2020	£2,080,000		1
2019	£2,260,000		1
2018	£1,984,200	£6,352	5
2017	£494,750	£4,374	4
2016	£1,115,000	£1,313	2
2015	£2,285,000		1

House Type in LU5 4AR area

The most common house types in the LU5 4AR postcode area are Semi-detached (56), Terraced (28), and Flat (27).

Total	126
Semi-detached	56
Terraced	28
Flat	27
Shared house	10
Detached	3
converted building	2
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (44), and Owned: Owns with a mortgage or loan (31).

Social rented: Rents from council or Local Authority	44
Owned: Owns with a mortgage or loan	31
Social rented: Other social rented	25
Owned: Owns outright	15
Private rented: Private landlord or letting agency	10
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 4AR have 2 people in household (31), and 1 person in household (30).

2 people in household	31
1 person in household	30
3 people in household	28
4 people in household	20
5 people in household	11
7 people in household	3
6 people in household	1
0 people in household	0
8 or more people in household	0