Housing Market Analysis for RICHMOND DRIVE, LU5 5FZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £220,853 median price is £240,000 Standard Deviation is £52,533 with Total Sold: 17
    • The Last 5 Year average price is £272,417 with Total Sold: 6
    • The most recent sale happened at this postcode is 8 RICHMOND DRIVE: £260,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is 16 RICHMOND DRIVE: £300,000 (Sold on 12 Jan 2023)
  • Semi-Detached
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £28,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 26 RICHMOND DRIVE: £128,000 (Sold on 18 Dec 2018)
    • The first recorded sale happened at this postcode is 26 RICHMOND DRIVE: £72,000 (Sold on 21 Apr 2011)
  • Detached
    • The average price is around £214,995 median price is £214,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 RICHMOND DRIVE: £214,995 (Sold on 05 Aug 2011)
    • The first recorded sale happened at this postcode is 18 RICHMOND DRIVE: £214,995 (Sold on 05 Aug 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5FZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£260,000 £2,766 1
2023£298,333 £3,217 3
2019£239,750 £2,594 2
2018£245,000 £2,606 1
2017£246,000 £2,636 3
2012£164,750 £1,777 4
2011£159,333 £1,695 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£128,000 £1,220 1
2011£72,000 £686 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£214,995 £1,562 1

All the Sales in the RICHMOND DRIVE, LU5 5FZ

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

AddressSold DatePrice% Change
8 RICHMOND DRIVETerraced, FreeholdArea: 94 Sq.mtrAge: 2003-200629 Jun 2021£260,0004.00%
03 Apr 2017£250,00054.80%
03 May 2012£161,500First Sale
14 RICHMOND DRIVETerraced, FreeholdArea: 94.01 Sq.mtr09 Jun 2023£295,00078.79%
25 Nov 2011£165,000First Sale
16 RICHMOND DRIVETerraced, FreeholdArea: 91 Sq.mtrAge: 2007-201112 Jan 2023£300,00021.70%
17 Jul 2019£246,50047.16%
31 Aug 2012£167,500-44.17%
12 Jan 2023£300,000First Sale
6 RICHMOND DRIVETerraced, FreeholdArea: 94.01 Sq.mtr27 Sep 2019£233,00041.21%
07 Sep 2012£165,000First Sale
4 RICHMOND DRIVETerraced, FreeholdArea: 94.01 Sq.mtr19 Dec 2018£245,00055.06%
19 Dec 2011£158,000First Sale
26 RICHMOND DRIVESemi-Detached, LeaseholdArea: 104.93 Sq.mtr18 Dec 2018£128,00077.78%
21 Apr 2011£72,000First Sale
12 RICHMOND DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 2007 onwards21 Dec 2017£248,00050.30%
24 Sep 2012£165,000First Sale
10 RICHMOND DRIVETerraced, FreeholdArea: 94.01 Sq.mtr01 Mar 2017£240,00054.84%
27 May 2011£155,000First Sale
18 RICHMOND DRIVEDetached, FreeholdArea: 137.67 Sq.mtr05 Aug 2011£214,995First Sale

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

RICHMOND DRIVE, LU5 5FZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £122,495 median price is £118,500 Standard Deviation is £68,680 with Total Sold: 1,861
    • The Last 5 Year average price is £239,598 with Total Sold: 230
    • The most recent sale happened at this postcode is , 9 HENLEY CLOSE: £272,500 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 45 HALLEYS WAY: £46,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £131,215 median price is £125,000 Standard Deviation is £74,709 with Total Sold: 977
    • The Last 5 Year average price is £270,003 with Total Sold: 102
    • The most recent sale happened at this postcode is , 45 LONGBROOKE: £315,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 KEATON CLOSE: £50,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £214,745 median price is £109,000 Standard Deviation is £214,651 with Total Sold: 11
    • The Last 5 Year average price is £199,743 with Total Sold: 7
    • The most recent sale happened at this postcode is , 31 NASH CLOSE: £196,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 - 2 NEPTUNE SQUARE: £575,000 (Sold on 12 May 2014)
  • Detached
    • The average price is around £186,404 median price is £176,000 Standard Deviation is £94,308 with Total Sold: 265
    • The Last 5 Year average price is £334,839 with Total Sold: 31
    • The most recent sale happened at this postcode is , 4 TENNYSON AVENUE: £401,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 92 HALLEYS WAY: £70,000 (Sold on 24 Mar 1995)
  • Flat
    • The average price is around £78,428 median price is £74,750 Standard Deviation is £43,921 with Total Sold: 578
    • The Last 5 Year average price is £136,271 with Total Sold: 60
    • The most recent sale happened at this postcode is , 104 TENNYSON AVENUE: £136,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 4 EVANS CLOSE: £26,000 (Sold on 31 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,75010
2023£253,530 £4,136 33
2022£268,884 £4,237 56
2021£228,775 £3,872 51
2020£211,712 £3,432 26
2019£221,185 £3,497 54
2018£214,435 £3,582 54
2017£215,194 £3,370 49
2016£190,217 £3,105 70
2015£159,184 £2,701 54
2014£142,364 £2,445 71
2013£133,167 £2,125 49
2012£133,322 £2,012 31
2011£125,552 £1,946 32
2010£129,058 £2,035 34
2009£122,947 £1,966 19
2008£138,696 £2,337 28
2007£140,061 £2,342 77
2006£127,710 £2,187 99
2005£123,609 £2,176 72
2004£119,260 £1,940 86
2003£107,657 £1,846 93
2002£89,065 £1,541 106
2001£67,914 £1,164 114
2000£60,735 £1,055 85
1999£51,811 £883 95
1998£47,606 £799 103
1997£43,319 £718 92
1996£39,209 £698 67
1995£40,194 £695 51
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,25010
2023£305,047 £4,255 17
2022£281,750 £4,054 26
2021£254,853 £3,649 17
2020£249,029 £3,523 17
2019£235,367 £3,564 15
2018£242,636 £3,401 33
2017£240,750 £3,307 26
2016£212,812 £3,116 24
2015£181,900 £2,410 10
2014£164,082 £2,170 37
2013£137,958 £1,839 12
2012£140,796 £1,918 15
2011£141,816 £1,847 19
2010£134,479 £1,972 12
2009£140,454 £2,094 13
2008£151,750 £2,025 20
2007£157,773 £2,262 42
2006£141,683 £1,971 56
2005£133,730 £1,995 52
2004£127,966 £2,049 45
2003£112,535 £1,698 70
2002£103,662 £1,563 64
2001£77,805 £1,150 54
2000£69,099 £1,042 43
1999£55,262 £901 56
1998£57,054 £782 47
1997£48,249 £717 49
1996£43,381 £669 43
1995£45,243 £656 33
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,0002
2022£300,0001
2021£208,050 £164 4
2018£240,000 £2,857 1
2017£40,000 £563 1
2016£109,000 £3,303 1
2014£575,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£401,0001
2023£317,500 £4,167 2
2022£325,333 £3,525 3
2021£358,667 £3,716 12
2020£334,286 £3,494 7
2019£287,333 £3,387 6
2018£316,550 £3,428 10
2017£315,167 £3,600 6
2016£300,250 £2,962 6
2015£269,938 £2,558 8
2014£233,999 £2,473 8
2013£189,832 £2,336 6
2012£215,071 £1,856 7
2011£193,363 £1,847 11
2010£177,456 £2,109 8
2009£155,667 £2,084 3
2008£191,139 £2,015 5
2007£207,144 £2,112 21
2006£231,877 £2,367 9
2005£195,333 £1,995 6
2004£176,750 £1,851 4
2003£163,221 £1,768 11
2002£146,379 £1,701 17
2001£119,388 £1,350 18
2000£97,000 £885 6
1999£99,133 £1,100 15
1998£83,639 £925 14
1997£84,862 £911 11
1996£66,130 £754 15
1995£66,606 £641 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,0001
2023£122,200 £3,220 10
2022£146,542 £3,312 12
2021£149,357 £3,272 14
2020£114,042 £2,515 6
2019£134,382 £2,818 17
2018£142,111 £2,763 14
2017£125,382 £3,112 17
2016£114,250 £2,846 26
2015£104,315 £2,398 19
2014£94,477 £2,179 11
2013£90,383 £2,019 9
2012£120,160 £1,761 25
2011£93,650 £1,873 6
2010£80,000 £1,842 4
2009£78,099 £2,016 5
2008£108,944 £2,647 9
2007£107,597 £2,318 18
2006£94,151 £2,332 33
2005£92,210 £2,220 19
2004£81,894 £1,956 31
2003£82,979 £1,966 24
2002£59,726 £1,534 35
2001£47,218 £1,175 49
2000£42,332 £1,036 36
1999£33,746 £789 30
1998£29,408 £659 31
1997£29,555 £631 27
1996£24,184 £593 21
1995£25,681 £560 19

House Type in LU5 5FZ area

The most common house types in the LU5 5FZ postcode area are Flat (91), Terraced (40), and Semi-detached (12).

Total154
Flat91
Terraced40
Semi-detached12
Detached11
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (72), and Owned: Owns with a mortgage or loan (39).

Social rented: Other social rented72
Owned: Owns with a mortgage or loan39
Shared ownership: Shared ownership21
Private rented: Private landlord or letting agency9
Owned: Owns outright8
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LU5 5FZ have 2 people in household (47), and 1 person in household (41).

2 people in household47
1 person in household41
3 people in household32
4 people in household22
5 people in household4
6 people in household3
7 people in household2
8 or more people in household2
0 people in household0