Housing Market Analysis for RUSSETT WAY, LU5 4GD

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

Overview of Sold House prices

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

Flat
- The average price is around £155,019 median price is £158,995 Standard Deviation is £25,043 with Total Sold: 64
- The Last 5 Year average price is £162,846 with Total Sold: 13
- The most recent sale happened at this postcode is 3 RUSSETT WAY: £143,500 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 69 RUSSETT WAY: £153,995 (Sold on 23 Feb 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 4GD 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£178,167	£3,199	3
2022	£180,000	£3,462	1
2021	£150,300	£2,796	5
2020	£156,500	£2,747	2
2019	£169,000	£2,942	2
2018	£177,000		1
2017	£159,833	£3,396	3
2016	£153,600	£2,642	5
2015	£130,650	£2,553	3
2014	£125,000	£2,315	2
2013	£105,000	£2,019	1
2012	£99,000	£1,982	1
2011	£115,500	£1,971	1
2009	£145,998	£2,545	2
2008	£143,748	£2,699	10
2007	£167,671	£2,934	22

All the Sales in the RUSSETT WAY, LU5 4GD

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

Address	Sold Date	Price	% Change
3 RUSSETT WAYFlat, Leasehold	23 Oct 2023	£143,500	-4.33%
	22 May 2020	£150,000	4.90%
	28 Jul 2016	£143,000	36.19%
	14 Jan 2013	£105,000	-8.70%
	28 Nov 2008	£115,000	First Sale
83 RUSSETT WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	21 Jul 2023	£171,000	26.71%
	19 Jun 2015	£134,950	3.81%
	01 Dec 2008	£130,000	First Sale
35 RUSSETT WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 2007-2011	12 Jan 2023	£220,000	23.88%
35 RUSSETT WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 2007-2011	04 Jul 2007	£177,595	First Sale
15 RUSSETT WAYFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	20 Oct 2022	£180,000	11.11%
15 RUSSETT WAYFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	17 Jul 2009	£161,995	First Sale
19 RUSSETT WAYFlat, LeaseholdArea: 62.46 Sq.mtrAge: 2003-2006	22 Sep 2021	£182,500	11.96%
	17 Jan 2020	£163,000	-7.22%
	29 Jun 2007	£175,675	First Sale
45 RUSSETT WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	06 Aug 2021	£185,000	10.12%
	03 Sep 2007	£167,995	First Sale
21 RUSSETT WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2007 onwards	25 Jun 2021	£70,000	First Sale
75 RUSSETT WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-2006	01 Feb 2021	£149,000	-0.67%
	25 Jul 2017	£150,000	11.11%
	24 Apr 2008	£135,000	First Sale
65 RUSSETT WAYFlat, LeaseholdArea: 49 Sq.mtrAge: 2007 onwards	01 Feb 2021	£165,000	25.00%
	30 Jan 2015	£132,000	-15.38%
	23 Feb 2007	£155,995	First Sale
79 RUSSETT WAYFlat, LeaseholdArea: 52 Sq.mtrAge: 2007 onwards	08 Mar 2019	£153,000	13.33%
	02 May 2008	£135,000	First Sale
67 RUSSETT WAYFlat, Leasehold	08 Feb 2019	£185,000	20.45%
67 RUSSETT WAYFlat, Leasehold	29 Jun 2007	£153,595	First Sale
1 RUSSETT WAYFlat, Leasehold	04 Sep 2018	£177,000	12.74%
1 RUSSETT WAYFlat, Leasehold	17 Jul 2008	£156,995	First Sale
37 RUSSETT WAYFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	01 Sep 2017	£151,500	-1.94%
37 RUSSETT WAYFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	17 Jul 2008	£154,500	First Sale
69 RUSSETT WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-2006	23 Jun 2017	£178,000	15.59%
69 RUSSETT WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-2006	23 Feb 2007	£153,995	First Sale
25 RUSSETT WAYFlat, LeaseholdArea: 58.6 Sq.mtrAge: 2007 onwards	17 Nov 2016	£175,000	51.52%
	25 Feb 2011	£115,500	First Sale
81 RUSSETT WAYFlat, LeaseholdArea: 69 Sq.mtrAge: 2003-2006	31 Mar 2016	£165,000	0.0
81 RUSSETT WAYFlat, LeaseholdArea: 69 Sq.mtrAge: 2003-2006	03 Jun 2008	£165,000	First Sale
77 RUSSETT WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards	19 Feb 2016	£160,000	-9.07%
	20 Apr 2007	£175,965	First Sale
61 RUSSETT WAYFlat, LeaseholdArea: 49.95 Sq.mtrAge: 2007 onwards	29 Jan 2016	£125,000	26.26%
	08 Jun 2012	£99,000	-26.67%
	09 May 2008	£135,000	First Sale
33 RUSSETT WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 2007 onwards	05 Aug 2015	£125,000	-7.41%
	18 Apr 2008	£135,000	First Sale
17 RUSSETT WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	04 Aug 2014	£135,000	-16.66%
17 RUSSETT WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	27 Apr 2007	£161,995	First Sale
59 RUSSETT WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	21 Feb 2014	£115,000	-26.75%
59 RUSSETT WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	30 Mar 2007	£156,995	First Sale
29 RUSSETT WAYFlat, LeaseholdArea: 65.8 Sq.mtrAge: 2003-2006	16 Dec 2009	£130,000	-30.48%
	31 Aug 2007	£186,995	First Sale
31 RUSSETT WAYFlat, Leasehold	25 Jan 2008	£175,987	First Sale
85 RUSSETT WAYFlat, Leasehold	21 Dec 2007	£167,750	First Sale
39 RUSSETT WAYFlat, LeaseholdArea: 64 Sq.mtrAge: 2003-2006	21 Sep 2007	£178,125	First Sale
27 RUSSETT WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 2007 onwards	02 Aug 2007	£184,995	First Sale
9 RUSSETT WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 1996-2002	22 Jul 2007	£159,995	First Sale
41 RUSSETT WAYFlat, LeaseholdArea: 66 Sq.mtrAge: 2007-2011	18 Jul 2007	£186,995	First Sale
5 RUSSETT WAYFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	17 Jul 2007	£158,995	First Sale
11 RUSSETT WAYFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	17 Jul 2007	£159,995	First Sale
43 RUSSETT WAYFlat, Leasehold	21 Jun 2007	£160,135	First Sale
23 RUSSETT WAYFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	15 Jun 2007	£165,000	First Sale
71 RUSSETT WAYFlat, Leasehold	24 Apr 2007	£181,995	First Sale
7 RUSSETT WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 2007-2011	27 Mar 2007	£158,995	First Sale
63 RUSSETT WAYFlat, LeaseholdArea: 54 Sq.mtrAge: 2007 onwards	28 Feb 2007	£158,995	First Sale

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

RUSSETT WAY, LU5 4GD Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £203,753 median price is £185,500 Standard Deviation is £102,344 with Total Sold: 472
- The Last 5 Year average price is £342,697 with Total Sold: 91
- The most recent sale happened at this postcode is , 39 RIDGEWAY DRIVE: £385,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 114 LUTON ROAD: £70,000 (Sold on 01 Mar 1995)
Flat
- The average price is around £145,511 median price is £150,000 Standard Deviation is £48,534 with Total Sold: 776
- The Last 5 Year average price is £180,251 with Total Sold: 270
- The most recent sale happened at this postcode is FLAT 3, THE GRANGE, 112 GREAT NORTHERN ROAD: £140,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 21 LIME WALK: £32,500 (Sold on 25 Jan 1995)
Terraced
- The average price is around £186,240 median price is £170,000 Standard Deviation is £91,722 with Total Sold: 433
- The Last 5 Year average price is £290,682 with Total Sold: 102
- The most recent sale happened at this postcode is , 23 WESTERN WAY: £350,000 (Sold on 22 Apr 2024)
- The first recorded sale happened at this postcode is , 34 ALFRED STREET: £49,000 (Sold on 28 Feb 1995)
Other
- The average price is around £7,597,872 median price is £1,434,250 Standard Deviation is £16,976,263 with Total Sold: 24
- The Last 5 Year average price is £11,857,667 with Total Sold: 14
- The most recent sale happened at this postcode is , 62 BAGSHAWE WAY: £195,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 42 LUTON ROAD: £6,550,000 (Sold on 04 Nov 2013)
Detached
- The average price is around £284,507 median price is £239,000 Standard Deviation is £297,516 with Total Sold: 87
- The Last 5 Year average price is £542,588 with Total Sold: 17
- The most recent sale happened at this postcode is , 6 ST PETERS ROAD: £370,000 (Sold on 12 Mar 2024)
- The first recorded sale happened at this postcode is , 29 RIDGEWAY DRIVE: £58,500 (Sold on 06 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£394,714	£3,369	7
2023	£377,222	£4,064	18
2022	£362,800	£4,190	15
2021	£336,643	£3,325	14
2020	£311,186	£3,418	18
2019	£309,268	£3,263	19
2018	£303,833	£3,274	18
2017	£344,222	£3,629	9
2016	£281,269	£3,111	21
2015	£233,083	£2,771	6
2014	£210,463	£2,545	15
2013	£184,856	£2,184	21
2012	£196,773	£2,245	11
2011	£180,639	£1,997	14
2010	£169,125	£1,911	8
2009	£178,062	£2,000	15
2008	£194,994	£2,027	9
2007	£206,826	£2,159	23
2006	£185,717	£2,110	29
2005	£204,297	£2,917	15
2004	£176,095	£1,853	21
2003	£176,824	£1,980	17
2002	£142,029	£1,878	17
2001	£107,263	£1,320	19
2000	£103,874	£1,119	14
1999	£91,004	£984	18
1998	£77,569	£887	18
1997	£75,663	£793	15
1996	£56,875	£678	16
1995	£58,788	£582	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,769	£3,720	13
2023	£171,774	£3,266	42
2022	£170,712	£3,125	26
2021	£184,780	£3,473	52
2020	£177,189	£3,368	68
2019	£190,207	£3,457	69
2018	£182,160	£3,111	34
2017	£166,621	£3,002	34
2016	£152,630	£2,604	46
2015	£134,824	£2,519	29
2014	£116,472	£2,130	19
2013	£119,603	£2,059	38
2012	£113,307	£2,103	13
2011	£100,208	£1,879	12
2010	£102,333	£1,972	9
2009	£120,598	£2,033	34
2008	£131,196	£2,326	20
2007	£151,338	£2,685	52
2006	£144,420	£2,628	37
2005	£148,999	£2,605	46
2004	£99,083	£1,948	6
2003	£80,193	£1,737	9
2002	£62,845	£1,319	13
2001	£50,527	£1,005	11
2000	£51,049	£1,073	5
1999	£41,844	£852	8
1998	£34,312	£721	4
1997	£38,188	£788	8
1996	£31,204	£554	12
1995	£31,043	£664	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000	£4,070	1
2023	£299,812	£3,798	16
2022	£281,794	£3,895	17
2021	£296,429	£3,426	14
2020	£272,117	£3,356	21
2019	£298,414	£3,335	33
2018	£298,252	£3,508	32
2017	£250,111	£3,049	9
2016	£241,055	£2,820	18
2015	£190,845	£2,587	13
2014	£178,005	£2,217	17
2013	£163,775	£1,868	12
2012	£159,744	£2,144	9
2011	£150,071	£2,007	7
2010	£175,500	£2,019	2
2009	£147,556	£1,947	9
2008	£178,571	£2,207	7
2007	£162,433	£2,251	15
2006	£167,357	£2,274	14
2005	£174,675	£2,315	21
2004	£152,529	£2,018	17
2003	£141,083	£1,775	16
2002	£117,999	£1,454	14
2001	£93,777	£1,164	18
2000	£93,600	£1,198	15
1999	£71,776	£832	17
1998	£65,054	£700	14
1997	£57,629	£782	12
1996	£44,734	£555	16
1995	£55,499	£643	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000		1
2023	£160,000		1
2022	£33,722,761		4
2020	£774,250	£3,373	2
2019	£4,868,800		6
2017	£1,087,500		2
2016	£1,911,934		2
2015	£414,239		3
2014	£1,275,000	£20,173	2
2013	£6,550,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,000	£3,510	1
2023	£464,500	£3,575	4
2022	£447,667	£4,416	6
2021	£316,250	£3,852	2
2020	£1,129,167	£3,642	3
2019	£290,000	£3,333	1
2017	£399,167	£3,255	3
2016	£311,667	£3,319	3
2015	£351,125	£2,714	4
2014	£225,000	£2,922	1
2013	£335,000	£2,190	1
2012	£260,750	£2,251	4
2011	£185,500	£2,025	3
2010	£260,000	£1,983	2
2008	£262,333	£2,708	3
2007	£275,999	£2,254	4
2006	£276,786	£1,998	7
2005	£364,667	£2,564	3
2004	£182,600	£1,732	5
2003	£203,750	£1,951	2
2002	£185,983	£1,765	3
2001	£164,333	£1,253	3
2000	£128,000	£1,214	1
1999	£152,000	£981	4
1998	£88,749	£409	4
1997	£111,118	£372	2
1996	£80,190	£627	5
1995	£101,167	£798	3

House Type in LU5 4GD area

The most common house types in the LU5 4GD postcode area are Flat (115), Semi-detached (101), and Terraced (20).

Total	249
Flat	115
Semi-detached	101
Terraced	20
Detached	6
Shared house	6
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (78), and Owned: Owns with a mortgage or loan (75).

Private rented: Private landlord or letting agency	78
Owned: Owns with a mortgage or loan	75
Owned: Owns outright	47
Social rented: Other social rented	31
Private rented: Other private rented	7
Social rented: Rents from council or Local Authority	5
Shared ownership: Shared ownership	4
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 4GD have 2 people in household (79), and 1 person in household (69).

2 people in household	79
1 person in household	69
3 people in household	52
4 people in household	27
5 people in household	11
6 people in household	5
7 people in household	3
0 people in household	0
8 or more people in household	0