Housing Market Analysis for OLMA ROAD, LU5 5AF

Are you looking to understand LU5 5AF 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 5AF area, explore the LU5 5AF Area information page.
For comprehensive crime statistics in the LU5 5AF area, explore the LU5 5AF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU5 5AF postcode area, The average prices are as follows,

Terraced
- The average price is around £142,555 median price is £132,500 Standard Deviation is £85,103 with Total Sold: 50
- The Last 5 Year average price is £290,286 with Total Sold: 7
- The most recent sale happened at this postcode is 24 OLMA ROAD: £290,000 (Sold on 27 Jun 2022)
- The first recorded sale happened at this postcode is 24 OLMA ROAD: £40,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £157,118 median price is £147,500 Standard Deviation is £49,865 with Total Sold: 8
- The Last 5 Year average price is £264,000 with Total Sold: 1
- The most recent sale happened at this postcode is 32 OLMA ROAD: £264,000 (Sold on 12 Jun 2020)
- The first recorded sale happened at this postcode is 11 OLMA ROAD: £93,000 (Sold on 15 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5AF 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£290,000	£3,671	1
2021	£336,000	£3,803	2
2019	£267,500	£3,239	4
2018	£210,000	£2,800	1
2017	£245,000	£3,311	1
2016	£225,000	£2,874	4
2015	£184,000	£2,421	1
2014	£177,000	£2,045	1
2010	£151,750	£1,840	2
2009	£131,667	£1,724	3
2008	£167,000		1
2007	£149,500	£2,112	3
2005	£169,000		1
2004	£137,667	£1,698	3
2003	£140,498	£1,831	2
2002	£85,000	£1,149	1
2001	£90,000	£1,200	1
2000	£78,248	£932	2
1999	£65,167	£888	3
1998	£64,250	£870	2
1997	£56,832	£725	3
1996	£51,312	£607	4
1995	£42,875	£588	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£264,000	£3,667	1
2015	£180,000	£2,432	1
2012	£130,000	£1,711	1
2010	£165,000	£1,875	1
2007	£179,995	£2,079	1
2002	£129,950		1
2001	£114,995	£1,329	1
2000	£93,000	£1,074	1

All the Sales in the OLMA ROAD, LU5 5AF

See the table below for more details on the sold house prices in the LU5 5AF, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
24 OLMA ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1930-1949	27 Jun 2022	£290,000	474.26%
	26 Sep 1997	£50,500	26.25%
	24 Feb 1995	£40,000	First Sale
7 OLMA ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	15 Mar 2021	£275,000	68.20%
	05 Feb 2007	£163,500	30.81%
	04 Jun 2003	£124,995	First Sale
2 OLMA ROADTerraced, FreeholdArea: 120 Sq.mtrAge: 1930-1949	26 Feb 2021	£397,000	52.69%
2 OLMA ROADTerraced, FreeholdArea: 120 Sq.mtrAge: 1930-1949	28 May 2019	£260,000	First Sale
32 OLMA ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	12 Jun 2020	£264,000	First Sale
48 OLMA ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	11 Nov 2019	£315,000	First Sale
23 OLMA ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	18 Oct 2019	£270,000	200.00%
	09 Nov 2001	£90,000	12.51%
	31 Jul 2000	£79,995	First Sale
6 OLMA ROADTerraced, FreeholdArea: 72.6 Sq.mtrAge: 1900-1929	26 Jul 2019	£225,000	79.28%
	16 Aug 2010	£125,500	First Sale
4 OLMA ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	23 Mar 2018	£210,000	First Sale
36 OLMA ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	08 Dec 2017	£245,000	308.33%
36 OLMA ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	24 Nov 1997	£60,000	First Sale
46 OLMA ROADTerraced, Freehold	19 Dec 2016	£245,000	46.71%
46 OLMA ROADTerraced, Freehold	06 Jun 2008	£167,000	First Sale
44 OLMA ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	15 Dec 2016	£230,000	64.29%
44 OLMA ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	27 Nov 2009	£140,000	First Sale
38 OLMA ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	30 Sep 2016	£220,000	62.96%
38 OLMA ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	17 Dec 2007	£135,000	First Sale
30 OLMA ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	26 Feb 2016	£205,000	57.69%
30 OLMA ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	06 Jul 2012	£130,000	First Sale
28 OLMA ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	29 May 2015	£184,000	211.86%
28 OLMA ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	30 Oct 1995	£59,000	First Sale
40 OLMA ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	21 Jan 2015	£180,000	33.33%
	16 Nov 2009	£135,000	-10.00%
	02 Feb 2007	£150,000	19.05%
	16 Jun 2004	£126,000	First Sale
11 OLMA ROADTerraced, FreeholdArea: 86.56 Sq.mtrAge: 1930-1949	12 Sep 2014	£177,000	-1.66%
	31 Aug 2007	£179,995	56.52%
	09 Nov 2001	£114,995	23.65%
	15 Jun 2000	£93,000	First Sale
34 OLMA ROADTerraced, FreeholdArea: 91.26 Sq.mtrAge: 1930-1949	05 Nov 2010	£178,000	14.10%
	30 Oct 2003	£156,000	First Sale
42 OLMA ROADSemi-Detached, FreeholdArea: 87.99 Sq.mtrAge: 1930-1949	25 Aug 2010	£165,000	First Sale
3 OLMA ROADTerraced, FreeholdArea: 81.1 Sq.mtrAge: 1930-1949	15 May 2009	£120,000	64.38%
	21 Jul 1999	£73,000	First Sale
21 OLMA ROADTerraced, Freehold	05 May 2005	£169,000	181.69%
21 OLMA ROADTerraced, Freehold	28 Nov 1997	£59,995	First Sale
20 OLMA ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	05 Nov 2004	£157,000	105.23%
	30 Jun 2000	£76,500	51.49%
	30 May 1996	£50,500	First Sale
12 OLMA ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	08 Mar 2004	£130,000	52.94%
12 OLMA ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	04 Apr 2002	£85,000	First Sale
27 OLMA ROADSemi-Detached, Freehold	13 Feb 2002	£129,950	First Sale
15 OLMA ROADTerraced, Freehold	26 Mar 1999	£62,500	58.23%
15 OLMA ROADTerraced, Freehold	31 Mar 1995	£39,500	First Sale
9 OLMA ROADTerraced, FreeholdArea: 68.5 Sq.mtrAge: 1900-1929	29 Jan 1999	£60,000	81.82%
	28 Feb 1995	£33,000	First Sale
8 OLMA ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1930-1949	27 Nov 1998	£60,000	50.00%
8 OLMA ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1930-1949	22 Nov 1996	£40,000	First Sale
19 OLMA ROADTerraced, Freehold	27 Feb 1998	£68,500	18.10%
19 OLMA ROADTerraced, Freehold	21 Jun 1996	£58,000	First Sale
13 OLMA ROADTerraced, FreeholdArea: 79.2 Sq.mtrAge: 1900-1929	24 May 1996	£56,750	First Sale

Check out the sold house prices near the LU5 5AF postcode. Properties currently for saleProperties currently for rent

OLMA ROAD, LU5 5AF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU5 5AF 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 5AF postcode.

Terraced
- The average price is around £156,594 median price is £150,000 Standard Deviation is £78,917 with Total Sold: 1,294
- The Last 5 Year average price is £267,901 with Total Sold: 187
- The most recent sale happened at this postcode is , 4 ASHTON ROAD: £390,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 74 WATERLOW ROAD: £45,000 (Sold on 05 Jan 1995)
Flat
- The average price is around £127,756 median price is £129,950 Standard Deviation is £58,795 with Total Sold: 798
- The Last 5 Year average price is £182,041 with Total Sold: 172
- The most recent sale happened at this postcode is , 20 THE PARKLANDS: £194,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 29, THE MALTINGS BEALE STREET: £22,500 (Sold on 18 Jan 1995)
Semi-Detached
- The average price is around £166,757 median price is £155,000 Standard Deviation is £88,107 with Total Sold: 694
- The Last 5 Year average price is £303,096 with Total Sold: 104
- The most recent sale happened at this postcode is , 112 NORTHFIELDS: £295,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 1 GEORGE STREET: £52,000 (Sold on 31 Jan 1995)
Other
- The average price is around £1,045,248 median price is £265,000 Standard Deviation is £2,433,687 with Total Sold: 47
- The Last 5 Year average price is £1,176,760 with Total Sold: 34
- The most recent sale happened at this postcode is UNIT D3, IVINGHOE BUSINESS CENTRE BLACKBURN ROAD: £237,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is UNIT 5, THE ARIANNE BUSINESS CENTRE BLACKBURN ROAD: £340,000 (Sold on 13 Jul 2015)
Detached
- The average price is around £245,532 median price is £229,975 Standard Deviation is £137,991 with Total Sold: 316
- The Last 5 Year average price is £430,895 with Total Sold: 43
- The most recent sale happened at this postcode is , 17 PRINTERS WAY: £340,000 (Sold on 14 Feb 2024)
- The first recorded sale happened at this postcode is , 25 CRABTREE WAY: £103,500 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,182		11
2023	£277,241	£4,095	29
2022	£300,614	£3,659	35
2021	£267,337	£3,531	43
2020	£244,176	£3,182	34
2019	£246,386	£3,278	35
2018	£242,297	£3,327	37
2017	£240,114	£3,193	46
2016	£223,547	£2,967	42
2015	£215,181	£2,834	69
2014	£188,363	£2,433	70
2013	£181,153	£2,450	46
2012	£167,044	£2,069	43
2011	£172,600	£1,983	29
2010	£152,750	£2,026	26
2009	£135,240	£1,955	25
2008	£166,149	£2,283	20
2007	£156,820	£2,227	50
2006	£151,772	£2,367	56
2005	£144,086	£1,888	43
2004	£137,353	£1,893	49
2003	£133,972	£1,925	58
2002	£101,213	£1,397	48
2001	£88,142	£1,284	58
2000	£74,457	£1,055	58
1999	£62,597	£886	57
1998	£58,831	£824	46
1997	£51,807	£727	56
1996	£46,372	£615	43
1995	£44,100	£564	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£199,318	£3,490	11
2023	£170,204	£3,007	23
2022	£188,171	£3,395	35
2021	£175,539	£3,277	35
2020	£166,118	£3,057	17
2019	£189,215	£3,014	51
2018	£177,886	£3,121	22
2017	£159,029	£2,942	47
2016	£154,939	£2,816	41
2015	£138,719	£2,424	47
2014	£147,564	£2,526	45
2013	£132,789	£2,283	14
2012	£106,074	£2,147	19
2011	£123,972	£2,176	48
2010	£103,016	£1,977	5
2009	£118,333	£3,196	3
2008	£116,919	£2,526	13
2007	£131,479	£2,648	27
2006	£147,277	£2,705	73
2005	£106,846	£2,198	15
2004	£93,721	£2,108	18
2003	£84,210	£1,951	31
2002	£76,010	£1,576	31
2001	£51,453	£1,166	27
2000	£51,749	£1,106	16
1999	£37,908	£897	18
1998	£37,104	£756	19
1997	£30,117	£682	18
1996	£25,933	£614	12
1995	£29,851	£687	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£324,182	£3,566	11
2023	£338,550	£4,407	20
2022	£335,300	£3,850	20
2021	£296,676	£3,344	17
2020	£261,500	£3,204	17
2019	£262,632	£3,411	19
2018	£266,167	£3,296	18
2017	£257,636	£3,353	22
2016	£243,842	£3,328	19
2015	£199,355	£2,325	19
2014	£193,117	£2,565	29
2013	£180,829	£2,181	25
2012	£162,915	£2,173	20
2011	£159,783	£1,868	21
2010	£157,045	£1,972	11
2009	£153,521	£1,743	14
2008	£167,946	£2,019	14
2007	£179,349	£2,025	36
2006	£153,160	£1,951	33
2005	£150,344	£1,890	26
2004	£143,403	£1,880	34
2003	£162,335	£1,712	26
2002	£117,270	£1,489	40
2001	£101,781	£1,152	37
2000	£81,220	£1,102	25
1999	£68,247	£853	38
1998	£65,950	£775	26
1997	£58,724	£671	28
1996	£45,868	£534	14
1995	£51,133	£621	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£547,333		3
2023	£320,900	£3,030	5
2022	£377,214	£4,085	7
2021	£4,753,478	£2,759	5
2020	£250,050	£3,663	5
2019	£1,011,690		9
2018	£1,076,280	£2,114	5
2017	£632,600	£32,344	4
2016	£288,332	£2,718	3
2015	£340,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£405,000	£4,312	2
2023	£406,000	£4,114	5
2022	£489,000	£3,508	5
2021	£494,438	£3,550	16
2020	£359,444	£3,360	9
2019	£349,583	£3,348	6
2018	£362,786	£2,978	14
2017	£367,050	£3,506	10
2016	£279,714	£3,383	7
2015	£256,658	£2,554	6
2014	£273,749	£2,391	16
2013	£274,356	£2,383	7
2012	£243,800	£2,274	8
2011	£203,556	£2,386	8
2010	£214,571	£2,213	7
2009	£208,000	£2,118	7
2008	£249,083	£2,190	6
2007	£268,809	£2,642	21
2006	£231,888	£2,343	9
2005	£245,177	£1,826	9
2004	£235,570	£2,062	16
2003	£226,350	£1,930	7
2002	£190,778	£1,715	25
2001	£175,404	£1,516	32
2000	£148,492	£1,170	7
1999	£138,767	£1,138	14
1998	£120,979	£1,020	12
1997	£97,844	£899	10
1996	£85,562	£1,012	8
1995	£101,279	£882	7

House Type in LU5 5AF area

The most common house types in the LU5 5AF postcode area are Terraced (85), Semi-detached (32), and Flat (28).

Total	182
Terraced	85
Semi-detached	32
Flat	28
commercial building	13
Detached	12
Shared house	10
converted building	2
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (61), and Private rented: Private landlord or letting agency (55).

Owned: Owns with a mortgage or loan	61
Private rented: Private landlord or letting agency	55
Owned: Owns outright	45
Social rented: Other social rented	17
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 5AF have 1 person in household (57), and 2 people in household (54).

1 person in household	57
2 people in household	54
4 people in household	32
3 people in household	29
5 people in household	11
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0