Housing Market Analysis for PARK AVENUE, LU5 5EA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £177,653 median price is £168,998 Standard Deviation is £87,749 with Total Sold: 26
- The Last 5 Year average price is £300,417 with Total Sold: 6
- The most recent sale happened at this postcode is 23 PARK AVENUE: £325,000 (Sold on 03 Apr 2023)
- The first recorded sale happened at this postcode is 12 PARK AVENUE: £50,000 (Sold on 19 Apr 1996)
Terraced
- The average price is around £148,817 median price is £153,000 Standard Deviation is £34,348 with Total Sold: 11
- The most recent sale happened at this postcode is 17 PARK AVENUE: £209,995 (Sold on 18 Dec 2015)
- The first recorded sale happened at this postcode is 18 PARK AVENUE: £73,000 (Sold on 28 May 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5EA 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	£325,000	£3,916	1
2021	£300,000	£3,424	3
2020	£300,000	£3,529	1
2019	£277,500	£3,854	1
2017	£230,000	£3,067	1
2016	£260,000	£3,611	1
2015	£192,500	£1,600	2
2014	£196,500	£2,298	2
2013	£162,500	£1,625	1
2007	£192,000		1
2006	£168,998	£2,012	2
2004	£151,500	£1,782	1
2002	£119,500	£1,535	2
2000	£74,498		2
1999	£71,750	£901	2
1998	£63,000		1
1997	£59,995	£723	1
1996	£50,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£209,995	£2,921	1
2007	£174,995		2
2006	£149,000	£1,655	3
2004	£144,500	£1,854	2
2003	£153,000		1
2002	£115,000	£1,597	1
1999	£73,000		1

All the Sales in the PARK AVENUE, LU5 5EA

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

Address	Sold Date	Price	% Change
23 PARK AVENUESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	03 Apr 2023	£325,000	93.45%
	31 Dec 2006	£168,000	35.48%
	17 May 2002	£124,000	106.68%
	22 Dec 1997	£59,995	First Sale
31 PARK AVENUESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1930-1949	10 Nov 2021	£310,000	First Sale
16 PARK AVENUESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1930-1949	26 Mar 2021	£295,000	84.38%
	17 Jul 2015	£160,000	-1.54%
	29 May 2013	£162,500	First Sale
24 PARK AVENUESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1950-1966	26 Feb 2021	£295,000	First Sale
11 PARK AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1900-1929	07 Dec 2020	£300,000	61.29%
	07 Aug 2014	£186,000	9.41%
	23 Feb 2006	£169,995	12.21%
	30 Jul 2004	£151,500	78.24%
	30 Nov 1999	£85,000	First Sale
9 PARK AVENUESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	18 Jul 2019	£277,500	6.73%
	29 Jul 2016	£260,000	First Sale
22 PARK AVENUESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	10 Nov 2017	£230,000	First Sale
17 PARK AVENUETerraced, FreeholdArea: 71.9 Sq.mtrAge: 1930-1949	18 Dec 2015	£209,995	First Sale
4 PARK AVENUESemi-Detached, Freehold	19 Nov 2015	£225,000	First Sale
36 PARK AVENUESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	23 Dec 2014	£207,000	First Sale
18 PARK AVENUETerraced, Freehold	16 Oct 2007	£169,995	132.87%
18 PARK AVENUETerraced, Freehold	28 May 1999	£73,000	First Sale
5 PARK AVENUESemi-Detached, Freehold	01 Jun 2007	£192,000	First Sale
13 PARK AVENUETerraced, Freehold	25 May 2007	£179,995	7.14%
	19 Jul 2006	£168,000	9.80%
	04 Dec 2003	£153,000	First Sale
15 PARK AVENUETerraced, Freehold	07 Jul 2006	£133,000	First Sale
30 PARK AVENUETerraced, FreeholdArea: 88.2 Sq.mtrAge: 1930-1949	08 May 2006	£146,000	First Sale
6 PARK AVENUETerraced, Freehold	05 Nov 2004	£155,500	First Sale
2 PARK AVENUETerraced, FreeholdArea: 72 Sq.mtrAge: 1930-1949	19 Jul 2004	£133,500	16.09%
	12 Jul 2002	£115,000	First Sale
35 PARK AVENUESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-1949	23 Aug 2002	£115,000	96.58%
	15 Oct 1999	£58,500	First Sale
28 PARK AVENUESemi-Detached, Freehold	25 Aug 2000	£79,995	First Sale
27 PARK AVENUESemi-Detached, Freehold	28 Apr 2000	£69,000	First Sale
33 PARK AVENUESemi-Detached, Freehold	16 Jan 1998	£63,000	First Sale
12 PARK AVENUESemi-Detached, Freehold	19 Apr 1996	£50,000	First Sale

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

PARK AVENUE, LU5 5EA Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £167,788 median price is £157,250 Standard Deviation is £89,712 with Total Sold: 934
- The Last 5 Year average price is £303,672 with Total Sold: 148
- The most recent sale happened at this postcode is , 101 LEAFIELDS: £310,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 19 PARK ROAD NORTH: £56,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £234,282 median price is £220,500 Standard Deviation is £123,196 with Total Sold: 334
- The Last 5 Year average price is £389,172 with Total Sold: 58
- The most recent sale happened at this postcode is , 192 CEMETERY ROAD: £400,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 20 BEDFORD ROAD: £57,000 (Sold on 24 Feb 1995)
Terraced
- The average price is around £142,180 median price is £133,500 Standard Deviation is £77,659 with Total Sold: 997
- The Last 5 Year average price is £263,663 with Total Sold: 144
- The most recent sale happened at this postcode is , 137 CEMETERY ROAD: £119,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 72 CHURCHFIELD ROAD: £24,500 (Sold on 24 Jan 1995)
Flat
- The average price is around £78,337 median price is £78,000 Standard Deviation is £44,539 with Total Sold: 170
- The Last 5 Year average price is £137,717 with Total Sold: 23
- The most recent sale happened at this postcode is 5, WATLING COURT BEDFORD ROAD: £95,000 (Sold on 03 Apr 2024)
- The first recorded sale happened at this postcode is , 107 CEMETERY ROAD: £29,500 (Sold on 27 Feb 1995)
Other
- The average price is around £610,650 median price is £357,500 Standard Deviation is £545,750 with Total Sold: 20
- The Last 5 Year average price is £734,333 with Total Sold: 12
- The most recent sale happened at this postcode is , 21 WOODLANDS AVENUE: £355,000 (Sold on 20 Jan 2023)
- The first recorded sale happened at this postcode is , CARLTON HOUSE I, 66 - 68 HIGH STREET: £525,000 (Sold on 26 Jul 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£308,750	£3,462	8
2023	£335,583	£3,841	24
2022	£336,117	£3,975	30
2021	£290,041	£3,370	37
2020	£274,278	£3,172	18
2019	£279,596	£3,339	31
2018	£278,666	£3,409	21
2017	£282,146	£3,279	39
2016	£250,319	£3,237	34
2015	£218,020	£2,722	25
2014	£201,868	£2,224	29
2013	£174,437	£2,218	24
2012	£167,264	£2,258	17
2011	£156,655	£2,078	21
2010	£156,440	£1,938	25
2009	£161,941	£1,878	17
2008	£166,381	£2,145	21
2007	£169,074	£2,116	35
2006	£162,391	£1,956	37
2005	£153,283	£1,922	30
2004	£145,165	£1,739	39
2003	£143,139	£1,807	50
2002	£116,030	£1,437	45
2001	£99,481	£1,270	60
2000	£83,094	£1,080	32
1999	£73,491	£884	50
1998	£64,264	£795	39
1997	£57,652	£687	42
1996	£53,058	£659	30
1995	£51,481	£667	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£409,125	£4,706	4
2023	£353,188	£3,596	8
2022	£399,450	£4,034	10
2021	£408,545	£3,728	11
2020	£397,000	£3,207	14
2019	£369,409	£3,170	11
2018	£351,700	£3,461	10
2017	£348,635	£3,322	20
2016	£324,824	£3,172	17
2015	£289,000	£2,866	8
2014	£242,750	£2,243	16
2013	£246,104	£2,161	12
2012	£195,175	£2,037	10
2011	£185,875	£2,002	8
2010	£225,050	£2,659	10
2009	£142,500	£1,614	4
2008	£188,499	£2,322	4
2007	£227,727	£1,944	11
2006	£222,118	£2,081	16
2005	£200,166	£1,712	6
2004	£269,284	£2,435	7
2003	£189,467	£1,773	15
2002	£195,062	£1,579	16
2001	£145,750	£1,291	14
2000	£122,648	£970	9
1999	£105,019	£925	18
1998	£83,208	£984	12
1997	£80,000	£798	12
1996	£68,083	£659	12
1995	£65,111	£663	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,714	£3,642	7
2023	£301,786	£3,838	21
2022	£287,692	£3,628	26
2021	£246,899	£3,392	42
2020	£257,500	£3,101	24
2019	£240,635	£3,066	24
2018	£235,870	£3,119	27
2017	£231,682	£3,136	33
2016	£211,138	£2,900	29
2015	£182,714	£2,582	42
2014	£158,499	£2,099	40
2013	£138,533	£1,854	36
2012	£137,391	£1,888	28
2011	£130,341	£1,809	22
2010	£133,140	£1,855	16
2009	£121,687	£1,520	16
2008	£146,733	£1,745	15
2007	£158,091	£2,090	49
2006	£147,626	£1,816	52
2005	£129,027	£1,804	43
2004	£123,454	£1,679	44
2003	£111,549	£1,593	37
2002	£92,617	£1,294	46
2001	£88,067	£1,154	61
2000	£72,411	£914	37
1999	£58,419	£794	46
1998	£51,524	£751	35
1997	£47,638	£685	39
1996	£40,481	£586	37
1995	£42,052	£596	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£95,000		1
2023	£157,250	£3,541	4
2022	£140,625	£2,866	4
2021	£138,000	£3,236	5
2020	£124,500	£2,746	4
2019	£138,600	£3,050	5
2018	£115,750	£2,503	6
2017	£130,625	£2,854	4
2016	£120,167	£2,824	3
2015	£97,013	£2,107	7
2014	£106,000	£2,316	7
2013	£69,750	£1,502	6
2012	£57,500	£1,855	2
2010	£80,000		1
2009	£80,000	£1,860	3
2008	£98,800	£2,342	5
2007	£104,988	£2,489	5
2006	£95,900	£2,082	10
2005	£90,060	£2,035	5
2004	£77,880	£2,199	5
2003	£77,199	£1,696	10
2002	£87,582	£1,297	6
2001	£39,740	£860	10
2000	£49,085	£871	15
1999	£32,886	£712	7
1998	£31,342	£606	14
1997	£20,629	£335	6
1996	£24,029	£518	7
1995	£29,333	£723	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£355,000	£4,383	1
2022	£1,167,500	£12,289	4
2021	£6,000		1
2020	£693,333	£3,356	3
2019	£567,000	£2,888	3
2018	£263,000		2
2017	£188,333		3
2016	£770,000	£3,489	3

House Type in LU5 5EA area

The most common house types in the LU5 5EA postcode area are Semi-detached (123), Detached (12), and Terraced (11).

Total	146
Semi-detached	123
Detached	12
Terraced	11
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 with a mortgage or loan (63), and Owned: Owns outright (61).

Owned: Owns with a mortgage or loan	63
Owned: Owns outright	61
Private rented: Private landlord or letting agency	10
Social rented: Rents from council or Local Authority	7
Social rented: Other social rented	3
Private rented: Other private rented	2
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 5EA have 2 people in household (49), and 3 people in household (32).

2 people in household	49
3 people in household	32
1 person in household	29
4 people in household	25
5 people in household	9
7 people in household	1
8 or more people in household	1
0 people in household	0
6 people in household	0