Housing Market Analysis for MILLERS WAY, LU5 5FA

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

Overview of Sold House prices

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

Detached
- The average price is around £216,123 median price is £211,750 Standard Deviation is £105,138 with Total Sold: 28
- The Last 5 Year average price is £400,000 with Total Sold: 3
- The most recent sale happened at this postcode is 4 MILLERS WAY: £450,000 (Sold on 13 Dec 2022)
- The first recorded sale happened at this postcode is 14 MILLERS WAY: £121,000 (Sold on 04 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5FA 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£450,000	£4,128	1
2021	£420,000	£3,853	1
2019	£330,000	£3,657	1
2016	£375,000	£3,263	3
2014	£249,995	£2,252	1
2011	£213,667	£2,358	3
2006	£235,832	£2,472	3
2005	£240,000	£2,202	1
2004	£228,000	£2,400	1
2002	£191,000	£1,370	2
2000	£170,000	£1,560	1
1998	£107,517	£1,107	6
1997	£115,712	£1,000	4

All the Sales in the MILLERS WAY, LU5 5FA

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

Address	Sold Date	Price	% Change
4 MILLERS WAYDetached, FreeholdArea: 109 Sq.mtrAge: 1991-1995	13 Dec 2022	£450,000	87.50%
	29 Jul 2005	£240,000	41.18%
	29 Sep 2000	£170,000	40.55%
	22 Jan 1998	£120,950	First Sale
14 MILLERS WAYDetached, FreeholdArea: 109 Sq.mtrAge: 1996-2002	30 Jun 2021	£420,000	247.11%
	04 Dec 1997	£121,000	First Sale
20 MILLERS WAYDetached, FreeholdArea: 90.23 Sq.mtrAge: 1996-2002	08 Oct 2019	£330,000	51.72%
	22 Nov 2011	£217,500	123.19%
	16 Jan 1998	£97,450	First Sale
22 MILLERS WAYDetached, FreeholdArea: 102 Sq.mtrAge: 1996-2002	04 Nov 2016	£375,000	223.42%
	12 Dec 1997	£115,950	First Sale
8 MILLERS WAYDetached, FreeholdArea: 146 Sq.mtrAge: 1996-2002	14 Oct 2016	£430,000	115.00%
	02 Oct 2002	£200,000	81.90%
	18 Dec 1997	£109,950	First Sale
2 MILLERS WAYDetached, FreeholdArea: 101 Sq.mtrAge: 1996-2002	23 Sep 2016	£320,000	40.66%
	25 Aug 2006	£227,500	114.62%
	22 May 1998	£106,000	First Sale
18 MILLERS WAYDetached, FreeholdArea: 111 Sq.mtrAge: 1996-2002	03 Mar 2014	£249,995	First Sale
16 MILLERS WAYDetached, FreeholdArea: 90.8 Sq.mtrAge: 1996-2002	23 Dec 2011	£213,500	1.67%
	14 Dec 2011	£210,000	-8.70%
	23 Jun 2006	£230,000	132.91%
	19 Jun 1998	£98,752	First Sale
6 MILLERS WAYDetached, FreeholdArea: 95 Sq.mtrAge: 1991-1995	28 Apr 2006	£249,995	9.65%
	24 Sep 2004	£228,000	98.26%
	10 Jul 1998	£115,000	First Sale
10 MILLERS WAYDetached, Freehold	15 Aug 2002	£182,000	56.96%
10 MILLERS WAYDetached, Freehold	19 Dec 1997	£115,950	First Sale
12 MILLERS WAYDetached, Freehold	21 Jan 1998	£106,950	First Sale

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

MILLERS WAY, LU5 5FA Near By properties

Interactive Map

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

Detached
- The average price is around £214,744 median price is £200,000 Standard Deviation is £99,882 with Total Sold: 469
- The Last 5 Year average price is £354,500 with Total Sold: 75
- The most recent sale happened at this postcode is , 84 COOPERS WAY: £310,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 20 BEDFORD ROAD: £57,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £174,203 median price is £160,500 Standard Deviation is £86,706 with Total Sold: 628
- The Last 5 Year average price is £308,550 with Total Sold: 99
- The most recent sale happened at this postcode is , 73 CEMETERY ROAD: £290,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 14 BARLEYFIELD WAY: £73,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £158,461 median price is £144,000 Standard Deviation is £83,829 with Total Sold: 479
- The Last 5 Year average price is £283,385 with Total Sold: 61
- The most recent sale happened at this postcode is , 11 LIMESTONE GROVE: £405,000 (Sold on 29 May 2024)
- The first recorded sale happened at this postcode is , 15 ST MICHAELS AVENUE: £40,000 (Sold on 30 Mar 1995)
Other
- The average price is around £777,870 median price is £290,000 Standard Deviation is £1,104,314 with Total Sold: 37
- The Last 5 Year average price is £713,199 with Total Sold: 23
- 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 , UNITS A - C PORTLAND CLOSE: £2,963,365 (Sold on 12 Dec 2014)
Flat
- The average price is around £123,201 median price is £104,998 Standard Deviation is £70,473 with Total Sold: 118
- The Last 5 Year average price is £193,455 with Total Sold: 22
- 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 , 19 PLAITERS WAY: £20,000 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000	£4,706	3
2023	£349,625	£3,523	8
2022	£407,567	£4,012	15
2021	£386,200	£3,394	15
2020	£348,125	£3,411	16
2019	£296,611	£3,558	18
2018	£332,875	£3,547	12
2017	£347,231	£3,435	13
2016	£322,500	£3,248	14
2015	£256,825	£2,788	10
2014	£240,577	£2,440	25
2013	£259,783	£2,410	14
2012	£206,422	£2,225	16
2011	£215,384	£2,141	13
2010	£207,889	£2,316	9
2009	£187,875	£2,165	4
2008	£212,475	£1,868	8
2007	£231,650	£2,189	20
2006	£202,961	£2,229	13
2005	£208,718	£2,107	16
2004	£218,652	£2,429	19
2003	£192,329	£2,118	23
2002	£152,611	£1,731	17
2001	£136,837	£1,393	19
2000	£131,162	£1,279	28
1999	£111,577	£1,199	42
1998	£109,663	£1,062	35
1997	£96,706	£933	9
1996	£71,375	£757	8
1995	£62,500	£675	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£346,000		5
2023	£348,000	£4,104	16
2022	£333,196	£4,029	23
2021	£285,750	£3,514	26
2020	£283,773	£3,177	11
2019	£279,666	£3,378	18
2018	£267,875	£3,606	16
2017	£266,352	£3,286	22
2016	£251,866	£3,343	19
2015	£213,810	£2,788	29
2014	£208,971	£2,213	27
2013	£189,148	£2,429	20
2012	£157,625	£2,509	12
2011	£149,712	£2,119	13
2010	£161,750	£2,339	8
2009	£159,200	£1,932	10
2008	£181,383	£2,527	12
2007	£170,160	£2,257	23
2006	£164,320	£2,124	25
2005	£154,642	£2,227	21
2004	£154,767	£2,098	34
2003	£152,430	£1,994	36
2002	£114,918	£1,500	35
2001	£98,607	£1,469	31
2000	£93,740	£1,427	36
1999	£84,267	£1,026	40
1998	£64,898	£871	20
1997	£61,857	£778	14
1996	£56,292	£652	12
1995	£50,964	£613	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£405,000		1
2023	£344,429	£4,141	7
2022	£299,735	£3,759	17
2021	£268,000	£3,537	17
2020	£249,778	£3,535	9
2019	£257,100	£3,458	10
2018	£260,632	£3,419	19
2017	£262,962	£2,998	13
2016	£222,824	£2,967	23
2015	£182,380	£2,329	21
2014	£202,148	£2,217	30
2013	£186,989	£2,048	26
2012	£145,238	£2,672	4
2011	£139,833	£1,997	9
2010	£130,366	£1,613	6
2009	£132,438	£1,890	8
2008	£156,227	£2,209	11
2007	£165,916	£2,309	18
2006	£146,328	£1,892	21
2005	£142,999	£1,940	13
2004	£124,084	£1,958	30
2003	£134,638	£1,987	29
2002	£96,603	£1,311	23
2001	£80,836	£1,144	21
2000	£78,454	£1,258	27
1999	£65,244	£1,124	18
1998	£48,673	£707	17
1997	£48,518	£724	14
1996	£37,330	£526	10
1995	£46,779	£577	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£693,500		2
2023	£427,333		3
2022	£690,833	£5,221	6
2021	£1,722,124		3
2020	£548,333		3
2019	£463,035	£3,205	6
2018	£263,000		2
2017	£172,500	£1,330	4
2016	£569,800	£3,245	5
2015	£2,674,618		2
2014	£2,963,365		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£95,000		1
2023	£228,333	£3,627	3
2022	£222,500	£3,592	4
2021	£166,000	£3,510	5
2020	£175,333	£3,078	3
2019	£205,000	£3,269	6
2018	£173,296	£3,012	8
2017	£136,250	£2,845	4
2015	£152,295	£2,730	20
2014	£179,997	£2,482	10
2013	£89,000	£1,602	2
2012	£57,500	£1,855	2
2010	£92,000	£2,000	1
2009	£75,000		2
2008	£94,500	£2,423	3
2007	£100,997	£2,503	3
2006	£94,999	£2,066	7
2005	£88,000	£1,913	2
2004	£81,500	£1,806	2
2003	£76,332	£1,575	6
2002	£59,698	£1,281	5
2000	£37,750	£760	6
1999	£34,874	£745	4
1998	£31,299	£634	5
1997	£26,667	£528	3
1995	£20,000	£435	1

House Type in LU5 5FA area

The most common house types in the LU5 5FA postcode area are Detached (85), Semi-detached (40), and Terraced (10).

Total	136
Detached	85
Semi-detached	40
Terraced	10
Flat	1
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 (78), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan	78
Owned: Owns outright	36
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 5FA have 2 people in household (54), and 3 people in household (34).

2 people in household	54
3 people in household	34
4 people in household	30
1 person in household	12
5 people in household	4
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0