Housing Market Analysis for MILLERS WAY, LU5 5FH

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

Overview of Sold House prices

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

Detached
- The average price is around £229,603 median price is £230,000 Standard Deviation is £112,468 with Total Sold: 47
- The Last 5 Year average price is £432,833 with Total Sold: 6
- The most recent sale happened at this postcode is 31 MILLERS WAY: £421,000 (Sold on 18 Dec 2023)
- The first recorded sale happened at this postcode is 11 MILLERS WAY: £109,950 (Sold on 09 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5FH 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
2023	£424,000	£3,662	3
2022	£500,000	£3,937	1
2020	£412,500	£4,081	2
2018	£370,000	£3,541	2
2017	£381,667	£3,712	3
2015	£250,000		1
2014	£250,000	£2,551	1
2013	£250,000	£2,381	1
2012	£248,000	£2,452	1
2010	£245,500	£2,115	2
2008	£230,000		1
2007	£250,832	£2,397	3
2005	£248,000	£2,296	1
2004	£246,000	£2,210	2
2003	£208,250		2
2001	£154,333	£1,521	3
2000	£175,000	£1,144	1
1999	£124,667	£1,296	3
1998	£119,239	£1,038	14

All the Sales in the MILLERS WAY, LU5 5FH

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

Address	Sold Date	Price	% Change
31 MILLERS WAYDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	18 Dec 2023	£421,000	0.0
	18 Dec 2023	£421,000	15.34%
	13 Jul 2018	£365,000	46.00%
	26 Jul 2007	£249,995	110.17%
	09 Jul 1998	£118,950	First Sale
49 MILLERS WAYDetached, FreeholdArea: 153 Sq.mtrAge: 1996-2002	29 Sep 2023	£430,000	145.71%
	08 Sep 2000	£175,000	47.12%
	05 Aug 1998	£118,950	First Sale
15 MILLERS WAYDetached, FreeholdArea: 127 Sq.mtrAge: 1996-2002	20 Jan 2022	£500,000	313.39%
	20 Feb 1998	£120,950	First Sale
11 MILLERS WAYDetached, FreeholdArea: 112 Sq.mtrAge: 1996-2002	20 Nov 2020	£415,000	277.44%
	09 Jan 1998	£109,950	First Sale
33 MILLERS WAYDetached, FreeholdArea: 92 Sq.mtrAge: 1996-2002	06 Mar 2020	£410,000	First Sale
39 MILLERS WAYDetached, FreeholdArea: 106 Sq.mtrAge: 1996-2002	24 Aug 2018	£375,000	53.06%
	16 Feb 2007	£245,000	55.06%
	19 Oct 2001	£158,000	First Sale
45 MILLERS WAYDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	22 Sep 2017	£380,000	First Sale
47 MILLERS WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1996-2002	11 May 2017	£380,000	53.23%
	23 Aug 2005	£248,000	77.14%
	04 Aug 1999	£140,000	9.42%
	05 Aug 1998	£127,950	First Sale
23 MILLERS WAYDetached, FreeholdArea: 98 Sq.mtrAge: 1996-2002	09 May 2017	£385,000	54.00%
	23 May 2014	£250,000	127.38%
	09 Apr 1998	£109,950	First Sale
41 MILLERS WAYDetached, Freehold	09 Jan 2015	£250,000	8.70%
	12 Dec 2008	£230,000	23.32%
	04 Jul 2003	£186,500	37.13%
	22 Jun 2001	£136,000	24.77%
	30 Jul 1999	£109,000	1.92%
	24 Aug 1998	£106,950	First Sale
17 MILLERS WAYDetached, FreeholdArea: 105 Sq.mtrAge: 1991-1995	04 Jul 2013	£250,000	1.63%
	21 Apr 2010	£246,000	-4.47%
	06 Jul 2007	£257,500	10.99%
	19 Feb 2004	£232,000	First Sale
25 MILLERS WAYDetached, FreeholdArea: 101.15 Sq.mtrAge: 1996-2002	06 Jul 2012	£248,000	First Sale
19 MILLERS WAYDetached, FreeholdArea: 129.8 Sq.mtrAge: 1996-2002	27 Oct 2010	£245,000	102.56%
	27 Mar 1998	£120,950	First Sale
37 MILLERS WAYDetached, Freehold	08 Oct 2004	£260,000	13.04%
	10 Apr 2003	£230,000	79.76%
	17 Jul 1998	£127,950	First Sale
35 MILLERS WAYDetached, FreeholdArea: 109 Sq.mtrAge: 1996-2002	19 Dec 2001	£169,000	First Sale
21 MILLERS WAYDetached, Freehold	30 Apr 1999	£125,000	10.67%
21 MILLERS WAYDetached, Freehold	09 Apr 1998	£112,950	First Sale
43 MILLERS WAYDetached, FreeholdArea: 111 Sq.mtrAge: 1996-2002	23 Oct 1998	£133,000	First Sale
29 MILLERS WAYDetached, Freehold	10 Jul 1998	£118,950	First Sale
27 MILLERS WAYDetached, Freehold	05 Jun 1998	£131,950	First Sale
7 MILLERS WAYDetached, Freehold	20 Mar 1998	£109,950	First Sale

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

MILLERS WAY, LU5 5FH Near By properties

Interactive Map

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

Detached
- The average price is around £214,808 median price is £200,000 Standard Deviation is £99,703 with Total Sold: 439
- The Last 5 Year average price is £353,345 with Total Sold: 71
- 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 £174,927 median price is £159,995 Standard Deviation is £85,700 with Total Sold: 516
- The Last 5 Year average price is £310,096 with Total Sold: 78
- The most recent sale happened at this postcode is , 72 ST MICHAELS AVENUE: £290,000 (Sold on 31 May 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 £158,751 median price is £144,000 Standard Deviation is £82,638 with Total Sold: 426
- The Last 5 Year average price is £288,214 with Total Sold: 49
- 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 £813,672 median price is £282,000 Standard Deviation is £1,156,095 with Total Sold: 33
- The Last 5 Year average price is £729,026 with Total Sold: 22
- 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	£327,500		2
2023	£349,625	£3,523	8
2022	£409,893	£4,001	14
2021	£383,692	£3,383	13
2020	£348,125	£3,411	16
2019	£296,611	£3,558	18
2018	£322,682	£3,570	11
2017	£359,000	£3,469	11
2016	£327,692	£3,062	13
2015	£260,694	£2,727	9
2014	£246,701	£2,495	22
2013	£259,783	£2,410	14
2012	£204,268	£2,241	14
2011	£216,250	£2,129	12
2010	£211,833	£2,527	6
2009	£187,875	£2,165	4
2008	£212,475	£1,868	8
2007	£231,650	£2,189	20
2006	£207,545	£2,193	11
2005	£205,966	£2,150	15
2004	£221,466	£2,428	18
2003	£192,329	£2,118	23
2002	£156,726	£1,753	15
2001	£138,606	£1,417	18
2000	£131,576	£1,308	27
1999	£111,906	£1,208	40
1998	£110,285	£1,021	34
1997	£96,706	£933	9
1996	£74,214	£792	7
1995	£62,500	£675	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£360,000		4
2023	£343,455	£3,918	11
2022	£331,068	£4,048	22
2021	£290,026	£3,594	19
2020	£288,312	£3,393	8
2019	£276,356	£3,389	14
2018	£271,850	£3,557	10
2017	£273,015	£3,182	17
2016	£252,136	£3,360	18
2015	£213,280	£2,814	25
2014	£214,111	£2,291	20
2013	£190,156	£2,414	19
2012	£155,611	£2,459	9
2011	£157,278	£2,403	9
2010	£158,667	£2,266	6
2009	£164,571	£2,019	7
2008	£180,410	£2,427	10
2007	£169,940	£2,246	22
2006	£163,761	£2,093	21
2005	£155,333	£2,168	18
2004	£153,777	£2,137	31
2003	£152,812	£1,978	32
2002	£113,660	£1,518	29
2001	£100,815	£1,469	28
2000	£95,786	£1,445	32
1999	£87,492	£1,070	31
1998	£66,136	£884	18
1997	£66,857	£803	7
1996	£62,786	£767	7
1995	£50,042	£575	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£405,000		1
2023	£347,700	£4,166	5
2022	£307,533	£3,894	15
2021	£269,733	£3,542	15
2020	£245,429	£3,514	7
2019	£267,000	£3,629	6
2018	£258,941	£3,447	17
2017	£259,773	£3,070	11
2016	£225,088	£2,958	22
2015	£178,947	£2,299	19
2014	£203,291	£2,221	29
2013	£191,769	£2,064	24
2012	£145,238	£2,672	4
2011	£146,214	£2,077	7
2010	£133,439	£1,671	5
2009	£136,714	£1,902	7
2008	£156,227	£2,209	11
2007	£164,624	£2,309	16
2006	£145,152	£1,943	19
2005	£133,727	£1,940	11
2004	£125,751	£2,051	26
2003	£137,315	£2,041	27
2002	£97,137	£1,311	21
2001	£81,677	£1,161	20
2000	£79,171	£1,298	25
1999	£67,663	£1,179	15
1998	£51,102	£754	14
1997	£49,187	£720	12
1996	£38,538	£507	8
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	£756,000	£6,558	5
2021	£1,722,124		3
2020	£548,333		3
2019	£463,035	£3,205	6
2018	£263,000		2
2017	£188,333		3
2016	£469,667	£3,245	3
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 5FH area

The most common house types in the LU5 5FH 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 5FH 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