Housing Market Analysis for RUSSETT WAY, LU5 4GE

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £160,645 median price is £160,000 Standard Deviation is £17,133 with Total Sold: 13
    • The Last 5 Year average price is £170,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 RUSSETT WAY: £180,000 (Sold on 27 Oct 2022)
    • The first recorded sale happened at this postcode is 6 RUSSETT WAY: £168,995 (Sold on 26 Oct 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 4GE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£180,000 £3,000 1
2021£160,000 £2,857 1
2017£180,000 £2,755 1
2016£160,000 £2,261 1
2015£147,000 £2,625 1
2008£149,980 £2,295 5
2007£170,497 £3,221 3

All the Sales in the RUSSETT WAY, LU5 4GE

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

AddressSold DatePrice% Change
12 RUSSETT WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-201127 Oct 2022£180,000-5.01%
04 Dec 2007£189,500First Sale
10 RUSSETT WAYFlat, LeaseholdArea: 56 Sq.mtrAge: 2007 onwards05 Feb 2021£160,0008.84%
16 Jul 2015£147,00022.50%
23 Dec 2008£120,000First Sale
4 RUSSETT WAYFlat, LeaseholdArea: 65.33 Sq.mtrAge: 2003-200624 Jul 2017£180,0009.09%
21 Apr 2008£165,000First Sale
8 RUSSETT WAYFlat, LeaseholdArea: 70.75 Sq.mtrAge: 2007 onwards10 Oct 2016£160,000-3.03%
30 May 2008£165,000First Sale
2 RUSSETT WAYFlat, LeaseholdArea: 58.84 Sq.mtrAge: 2003-200615 Oct 2008£149,9500.0
15 Oct 2008£149,950First Sale
14 RUSSETT WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-200229 Nov 2007£152,995First Sale
6 RUSSETT WAYFlat, LeaseholdArea: 49.05 Sq.mtrAge: 2003-200626 Oct 2007£168,995First Sale

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

RUSSETT WAY, LU5 4GE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £202,838 median price is £184,725 Standard Deviation is £103,239 with Total Sold: 420
    • The Last 5 Year average price is £340,792 with Total Sold: 80
    • 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)
  • Terraced
    • The average price is around £196,265 median price is £178,000 Standard Deviation is £93,260 with Total Sold: 497
    • The Last 5 Year average price is £293,489 with Total Sold: 149
    • The most recent sale happened at this postcode is , 7 FAUNA FIELD: £300,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 34 ALFRED STREET: £49,000 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £146,249 median price is £150,000 Standard Deviation is £49,004 with Total Sold: 779
    • The Last 5 Year average price is £181,260 with Total Sold: 279
    • 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)
  • Other
    • The average price is around £7,295,657 median price is £1,268,500 Standard Deviation is £16,699,035 with Total Sold: 25
    • The Last 5 Year average price is £11,069,989 with Total Sold: 15
    • 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 £308,065 median price is £244,000 Standard Deviation is £303,359 with Total Sold: 87
    • The Last 5 Year average price is £559,765 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£401,600 £3,369 5
2023£377,500 £4,072 16
2022£346,833 £4,460 12
2021£333,207 £3,550 14
2020£316,742 £3,554 18
2019£312,473 £3,309 15
2018£305,882 £3,279 17
2017£344,222 £3,629 9
2016£281,064 £3,135 18
2015£233,083 £2,771 6
2014£209,354 £2,488 14
2013£180,360 £2,168 18
2012£199,625 £2,329 8
2011£187,788 £2,048 12
2010£168,222 £1,911 9
2009£170,291 £1,864 12
2008£185,994 £2,006 8
2007£200,941 £2,240 17
2006£186,729 £2,102 27
2005£209,103 £2,903 14
2004£174,735 £1,872 17
2003£179,688 £1,980 16
2002£141,321 £2,015 14
2001£107,263 £1,320 19
2000£116,172 £1,119 13
1999£87,498 £951 17
1998£83,220 £877 17
1997£76,161 £795 14
1996£57,607 £688 14
1995£56,745 £554 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £4,070 2
2023£300,400 £3,887 15
2022£285,583 £3,966 18
2021£302,531 £3,330 27
2020£284,347 £3,578 39
2019£295,323 £3,348 48
2018£294,663 £3,511 34
2017£250,111 £3,049 9
2016£242,583 £2,868 18
2015£189,965 £2,596 15
2014£179,130 £2,218 16
2013£163,807 £1,875 14
2012£160,688 £2,220 9
2011£151,312 £2,059 8
2010£164,800 £2,352 5
2009£147,556 £1,947 9
2008£174,624 £2,207 8
2007£164,200 £2,281 15
2006£167,538 £2,265 13
2005£168,070 £2,287 24
2004£162,897 £2,016 20
2003£144,167 £1,778 14
2002£119,433 £1,454 15
2001£93,928 £1,203 21
2000£89,466 £1,224 15
1999£70,637 £832 16
1998£67,321 £712 14
1997£57,418 £771 13
1996£43,656 £563 16
1995£55,499 £643 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,769 £3,720 13
2023£169,988 £3,252 41
2022£170,520 £3,109 25
2021£189,413 £3,526 63
2020£177,189 £3,368 68
2019£190,207 £3,457 69
2018£182,074 £3,120 33
2017£166,621 £3,002 34
2016£153,261 £2,616 44
2015£136,092 £2,558 26
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£90,333 £1,928 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£42,679 £878 7
1998£34,312 £721 4
1997£37,333 £793 9
1996£31,204 £554 12
1995£31,043 £664 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2023£160,0001
2022£33,722,7614
2020£530,333 £3,373 3
2019£4,868,8006
2017£1,087,5002
2016£1,911,9342
2015£414,2393
2014£1,275,000 £20,173 2
2013£6,550,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,000 £3,510 1
2023£456,667 £3,376 3
2022£451,200 £4,628 5
2021£460,625 £3,870 4
2020£1,129,167 £3,642 3
2019£290,000 £3,333 1
2017£399,167 £3,255 3
2016£367,500 £4,120 4
2015£388,750 £2,719 2
2014£300,000 £2,609 3
2012£295,600 £3,014 5
2011£185,500 £2,025 3
2010£366,250 £2,279 4
2008£262,333 £2,708 3
2007£275,999 £2,254 4
2006£314,438 £2,067 8
2005£364,667 £2,564 3
2004£182,600 £1,732 5
2003£157,500 £1,853 1
2002£154,000 £1,830 2
2001£157,667 £1,253 3
2000£247,000 £2,838 2
1999£148,667 £772 3
1998£91,665 £409 3
1997£114,368 £372 2
1996£85,488 £591 4
1995£101,167 £798 3

House Type in LU5 4GE area

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

Total249
Flat115
Semi-detached101
Terraced20
Detached6
Shared house6
converted building1
commercial building0
temporary structure0

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 agency78
Owned: Owns with a mortgage or loan75
Owned: Owns outright47
Social rented: Other social rented31
Private rented: Other private rented7
Social rented: Rents from council or Local Authority5
Shared ownership: Shared ownership4
Does not apply0
Lives rent free0

Number of People in a Household

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

2 people in household79
1 person in household69
3 people in household52
4 people in household27
5 people in household11
6 people in household5
7 people in household3
0 people in household0
8 or more people in household0