Housing Market Analysis for GORHAM WAY, LU5 4NJ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £190,000 median price is £149,995 Standard Deviation is £104,019 with Total Sold: 13
- The Last 5 Year average price is £323,667 with Total Sold: 3
- The most recent sale happened at this postcode is 9 GORHAM WAY: £345,000 (Sold on 30 Apr 2019)
- The first recorded sale happened at this postcode is 5 GORHAM WAY: £350,000 (Sold on 19 Apr 2024)
Detached
- The average price is around £93,317 median price is £74,950 Standard Deviation is £27,365 with Total Sold: 3
- The most recent sale happened at this postcode is 30 GORHAM WAY: £132,000 (Sold on 25 Aug 2000)
- The first recorded sale happened at this postcode is 28 GORHAM WAY: £73,000 (Sold on 22 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 4NJ 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
2019	£310,500	£3,462	2
2017	£330,000	£3,882	1
2011	£240,000	£1,860	1
2006	£210,500		1
2002	£149,995		1
2001	£134,750	£757	2
1999	£84,500		1
1998	£80,000		1
1996	£72,000		1
1995	£62,500	£553	1
2024	£350,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£132,000		1
1996	£73,975		2

All the Sales in the GORHAM WAY, LU5 4NJ

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

Address	Sold Date	Price	% Change
9 GORHAM WAYSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1930-1949	30 Apr 2019	£345,000	452.00%
	30 Jun 1995	£62,500	First Sale
4 GORHAM WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	20 Mar 2019	£276,000	First Sale
2 GORHAM WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	23 Nov 2017	£330,000	First Sale
25 GORHAM WAYSemi-Detached, FreeholdArea: 129.02 Sq.mtrAge: 1950-1966	30 Jun 2011	£240,000	First Sale
27 GORHAM WAYSemi-Detached, Freehold	31 Aug 2006	£210,500	40.34%
	05 Jul 2002	£149,995	12.36%
	13 Sep 2001	£133,500	85.42%
	18 Sep 1996	£72,000	First Sale
23 GORHAM WAYSemi-Detached, FreeholdArea: 179.58 Sq.mtrAge: 1950-1966	10 Apr 2001	£136,000	First Sale
30 GORHAM WAYDetached, Freehold	25 Aug 2000	£132,000	76.12%
30 GORHAM WAYDetached, Freehold	30 Apr 1996	£74,950	First Sale
3 GORHAM WAYSemi-Detached, Freehold	30 Jul 1999	£84,500	First Sale
29 GORHAM WAYSemi-Detached, Freehold	20 Nov 1998	£80,000	First Sale
28 GORHAM WAYDetached, Freehold	22 Mar 1996	£73,000	First Sale
5 GORHAM WAYSemi-Detached, Freehold	19 Apr 2024	£350,000	First Sale

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

GORHAM WAY, LU5 4NJ Near By properties

Interactive Map

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

Detached
- The average price is around £217,828 median price is £210,000 Standard Deviation is £110,983 with Total Sold: 233
- The Last 5 Year average price is £369,539 with Total Sold: 32
- The most recent sale happened at this postcode is , 1 DALE CLOSE: £407,500 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 25 JILLIFER ROAD: £70,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £184,871 median price is £172,000 Standard Deviation is £93,648 with Total Sold: 1,803
- The Last 5 Year average price is £319,285 with Total Sold: 296
- 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 , 1 WALGRAVE ROAD: £63,500 (Sold on 12 Jan 1995)
Terraced
- The average price is around £157,697 median price is £148,000 Standard Deviation is £89,074 with Total Sold: 571
- The Last 5 Year average price is £290,280 with Total Sold: 87
- The most recent sale happened at this postcode is , 26 HIGHFIELDS CLOSE: £205,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 6 HADRIAN AVENUE: £53,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £84,335 median price is £84,998 Standard Deviation is £43,793 with Total Sold: 242
- The Last 5 Year average price is £155,271 with Total Sold: 24
- The most recent sale happened at this postcode is 19, DOWNLANDS COURT BROWNING ROAD: £155,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 1, 42 DUNCOMBE DRIVE: £34,850 (Sold on 23 Jan 1995)
Other
- The average price is around £705,212 median price is £128,250 Standard Deviation is £1,682,397 with Total Sold: 12
- The Last 5 Year average price is £250,562 with Total Sold: 8
- The most recent sale happened at this postcode is , 2 FAIRFIELD CLOSE: £375,000 (Sold on 19 Feb 2024)
- The first recorded sale happened at this postcode is , 1 AUBREY CLOSE: £130,000 (Sold on 08 Oct 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£376,833		3
2023	£372,500	£3,960	6
2022	£402,500	£3,942	4
2021	£381,472	£3,609	9
2020	£378,300	£3,422	5
2019	£305,000	£3,901	5
2018	£370,125	£3,315	8
2017	£333,321	£3,230	14
2016	£291,768	£3,033	13
2015	£301,000	£3,214	9
2014	£261,713	£2,233	7
2013	£245,286	£2,345	7
2012	£188,500	£2,496	2
2011	£186,800	£2,139	5
2010	£206,389	£2,124	9
2009	£208,750	£2,219	2
2008	£219,700	£2,400	5
2007	£228,777	£2,105	9
2006	£187,921	£1,908	7
2005	£200,900	£1,707	5
2004	£214,056	£1,965	9
2003	£182,740	£1,943	10
2002	£157,215	£1,646	9
2001	£167,031	£1,474	8
2000	£135,188	£1,320	13
1999	£109,250	£915	6
1998	£92,852	£926	11
1997	£73,045	£771	11
1996	£64,661	£703	9
1995	£66,308	£684	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,231	£4,210	13
2023	£354,975	£4,245	47
2022	£361,286	£4,248	56
2021	£307,161	£3,863	71
2020	£285,511	£3,368	44
2019	£286,810	£3,390	65
2018	£291,131	£3,481	60
2017	£285,912	£3,390	60
2016	£278,280	£3,177	58
2015	£222,358	£2,724	60
2014	£197,538	£2,391	58
2013	£186,989	£2,136	52
2012	£181,114	£2,224	44
2011	£175,917	£2,140	52
2010	£175,525	£2,023	36
2009	£153,155	£1,874	39
2008	£187,420	£2,214	35
2007	£188,245	£2,322	101
2006	£180,911	£2,125	87
2005	£166,681	£2,072	77
2004	£164,135	£1,800	75
2003	£150,633	£1,797	81
2002	£131,164	£1,444	77
2001	£107,424	£1,317	79
2000	£93,521	£1,015	59
1999	£76,285	£901	77
1998	£73,247	£867	66
1997	£65,701	£777	70
1996	£58,106	£660	60
1995	£58,318	£629	44

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,286	£4,667	7
2023	£323,471	£4,231	17
2022	£316,312	£3,903	16
2021	£279,396	£3,428	18
2020	£252,179	£2,917	7
2019	£263,545	£3,310	22
2018	£274,295	£3,530	22
2017	£265,607	£3,367	14
2016	£253,000	£3,218	21
2015	£194,810	£2,663	21
2014	£162,156	£2,331	16
2013	£157,792	£1,914	12
2012	£156,182	£2,061	11
2011	£156,833	£1,740	6
2010	£138,591	£1,959	11
2009	£147,328	£1,929	9
2008	£164,000	£2,133	11
2007	£176,945	£2,253	24
2006	£162,045	£2,185	34
2005	£150,304	£1,989	21
2004	£138,195	£1,804	32
2003	£150,558	£1,796	21
2002	£105,312	£1,415	24
2001	£83,175	£1,176	31
2000	£77,596	£1,171	13
1999	£64,506	£836	35
1998	£56,021	£843	36
1997	£51,052	£661	25
1996	£46,831	£671	19
1995	£52,033	£656	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,000		1
2023	£145,000	£3,455	2
2022	£162,750	£3,586	4
2021	£157,250	£2,617	10
2020	£154,000	£2,605	4
2019	£147,333	£2,915	3
2018	£166,000	£3,018	1
2017	£171,750	£2,977	4
2016	£140,150	£2,468	10
2015	£127,929	£2,214	7
2014	£110,875	£1,787	4
2013	£97,278	£1,721	9
2012	£92,650	£1,681	3
2011	£81,250	£1,627	1
2010	£100,833	£1,712	3
2009	£115,000	£1,797	1
2008	£110,167	£2,160	6
2007	£120,374	£2,010	8
2006	£105,500	£1,827	10
2005	£98,261	£1,825	12
2004	£98,272	£1,749	11
2003	£88,139	£1,632	15
2002	£71,588	£1,260	22
2001	£54,645	£1,064	12
2000	£49,208	£907	12
1999	£41,067	£678	20
1998	£39,857	£583	7
1997	£29,625	£545	14
1996	£31,783	£506	15
1995	£32,964	£561	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£375,000	£3,577	1
2023	£500		1
2021	£70,000		1
2020	£88,750		2
2019	£460,500		3
2017	£3,162,500	£60,553	2
2016	£3,050	£38	1
2015	£130,000	£850	1

House Type in LU5 4NJ area

The most common house types in the LU5 4NJ postcode area are Semi-detached (98), Detached (25), and Terraced (10).

Total	133
Semi-detached	98
Detached	25
Terraced	10
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright	68
Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	10
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 4NJ have 2 people in household (38), and 1 person in household (31).

2 people in household	38
1 person in household	31
4 people in household	30
3 people in household	19
5 people in household	8
6 people in household	4
7 people in household	3
0 people in household	0
8 or more people in household	0