Housing Market Analysis for RICHMOND DRIVE, LU5 5GD

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

Overview of Sold House prices

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

Flat
- The average price is around £145,957 median price is £135,000 Standard Deviation is £29,827 with Total Sold: 56
- The Last 5 Year average price is £189,050 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 5, HAMPTON PLACE RICHMOND DRIVE: £200,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 3, HAMPTON PLACE RICHMOND DRIVE: £102,000 (Sold on 24 Jun 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5GD 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£200,000		1
2022	£176,833	£3,649	3
2021	£196,333	£2,673	3
2019	£190,333	£2,627	3
2018	£180,900	£2,938	5
2017	£166,666	£2,900	3
2016	£149,062	£2,701	4
2015	£132,499	£2,419	4
2014	£141,000	£1,862	2
2013	£131,225	£1,915	2
2012	£124,391	£1,821	23
2011	£115,633		3

All the Sales in the RICHMOND DRIVE, LU5 5GD

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

Address	Sold Date	Price	% Change
FLAT 5, HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	31 Mar 2023	£200,000	60.00%
FLAT 5, HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	20 Dec 2012	£125,000	First Sale
FLAT 4, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 51.46 Sq.mtr	12 Dec 2022	£173,500	15.67%
	18 Apr 2017	£150,000	First Sale
FLAT 29, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 47.13 Sq.mtr	09 Jun 2022	£180,000	28.57%
	01 Jul 2016	£140,000	First Sale
FLAT 17, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 47.13 Sq.mtr	25 Feb 2022	£177,000	5.36%
	21 Sep 2018	£168,000	First Sale
FLAT 15, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 66.87 Sq.mtr	21 Dec 2021	£184,000	First Sale
FLAT 9, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 76.87 Sq.mtr	30 Jul 2021	£210,000	12.90%
	30 Jan 2019	£186,000	35.77%
	07 Jul 2014	£137,000	First Sale
FLAT 22, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 76.87 Sq.mtr	10 Mar 2021	£195,000	First Sale
FLAT 6, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 74.69 Sq.mtr	13 Dec 2019	£190,000	2.70%
	19 Mar 2018	£185,000	42.36%
	01 Feb 2013	£129,950	First Sale
FLAT 27, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 66.87 Sq.mtr	16 Jul 2019	£195,000	First Sale
FLAT 8, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 66.87 Sq.mtr	26 Oct 2018	£185,000	First Sale
FLAT 1, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 51.46 Sq.mtr	03 Aug 2018	£161,500	15.36%
	11 Jan 2016	£140,000	3.70%
	22 Dec 2015	£135,000	First Sale
FLAT 11, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 74.69 Sq.mtr	02 Feb 2018	£205,000	41.38%
	13 Mar 2015	£144,995	First Sale
FLAT 23, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 47.13 Sq.mtr	13 Oct 2017	£150,000	15.38%
	07 Jul 2015	£130,000	First Sale
FLAT 28, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 76.87 Sq.mtr	06 Jul 2017	£199,999	First Sale
FLAT 2, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 51 Sq.mtrAge: 2007-2011	22 Jul 2016	£141,250	17.71%
	02 Feb 2015	£120,000	First Sale
FLAT 24, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 74.69 Sq.mtr	22 Apr 2016	£175,000	First Sale
FLAT 25, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 74.68 Sq.mtr	21 Jul 2014	£145,000	First Sale
FLAT 26, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 63.37 Sq.mtr	27 Mar 2013	£132,500	First Sale
12 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	20 Dec 2012	£134,950	First Sale
22 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	28 Nov 2012	£130,000	First Sale
18 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	23 Nov 2012	£125,000	First Sale
FLAT 7, HAMPTON PLACE RICHMOND DRIVEFlat, LeaseholdArea: 58.44 Sq.mtr	02 Nov 2012	£115,000	First Sale
29 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	19 Oct 2012	£105,500	First Sale
11 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	03 Oct 2012	£134,950	First Sale
19 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	17 Sep 2012	£134,950	First Sale
21 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	07 Sep 2012	£134,950	First Sale
23 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	06 Sep 2012	£109,950	First Sale
25 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	23 Aug 2012	£126,000	First Sale
20 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	17 Aug 2012	£115,000	First Sale
16 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	02 Aug 2012	£130,154	First Sale
2 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	08 Jun 2012	£104,950	First Sale
17 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	25 May 2012	£104,950	First Sale
4 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	18 May 2012	£104,950	First Sale
26 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	11 May 2012	£129,950	First Sale
8 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	27 Apr 2012	£129,950	First Sale
27 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	26 Apr 2012	£139,950	First Sale
14 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	20 Apr 2012	£120,000	First Sale
15 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	23 Mar 2012	£134,950	First Sale
28 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	30 Jan 2012	£135,000	First Sale
9 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	09 Jan 2012	£134,950	First Sale
1 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	22 Dec 2011	£104,950	First Sale
24 HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	01 Sep 2011	£139,950	First Sale
3, HAMPTON PLACE RICHMOND DRIVEFlat, Leasehold	24 Jun 2011	£102,000	First Sale

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

RICHMOND DRIVE, LU5 5GD Near By properties

Interactive Map

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

Terraced
- The average price is around £122,240 median price is £119,000 Standard Deviation is £68,483 with Total Sold: 1,851
- The Last 5 Year average price is £239,287 with Total Sold: 228
- 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 £131,080 median price is £125,000 Standard Deviation is £74,746 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 £245,911 median price is £196,000 Standard Deviation is £225,183 with Total Sold: 9
- 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 £185,923 median price is £175,000 Standard Deviation is £94,777 with Total Sold: 261
- 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 £78,437 median price is £71,000 Standard Deviation is £45,608 with Total Sold: 441
- The Last 5 Year average price is £138,250 with Total Sold: 47
- The most recent sale happened at this postcode is , 15 LOWRY DRIVE: £125,000 (Sold on 15 Dec 2023)
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,389		9
2023	£254,309	£4,132	34
2022	£267,917	£4,230	54
2021	£230,009	£3,813	53
2020	£211,288	£3,394	26
2019	£220,231	£3,510	52
2018	£213,500	£3,521	57
2017	£214,404	£3,373	47
2016	£189,930	£3,101	69
2015	£157,744	£2,667	53
2014	£141,589	£2,410	72
2013	£131,604	£2,074	50
2012	£132,129	£1,981	31
2011	£125,552	£1,946	32
2010	£128,147	£2,021	34
2009	£122,429	£1,909	21
2008	£139,416	£2,290	30
2007	£140,009	£2,333	79
2006	£126,419	£2,178	96
2005	£123,251	£2,169	71
2004	£119,286	£1,940	85
2003	£107,167	£1,844	91
2002	£88,151	£1,530	105
2001	£67,677	£1,161	114
2000	£60,006	£1,035	86
1999	£51,516	£880	94
1998	£47,185	£798	101
1997	£43,465	£721	92
1996	£38,665	£695	64
1995	£39,712	£689	49

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£293,250		10
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	£138,264	£2,064	11
2008	£151,750	£2,025	20
2007	£157,773	£2,262	42
2006	£141,683	£1,971	56
2005	£133,632	£1,976	53
2004	£127,966	£2,049	45
2003	£112,535	£1,698	70
2002	£103,406	£1,563	65
2001	£77,914	£1,146	53
2000	£68,623	£1,029	43
1999	£54,903	£886	59
1998	£57,054	£782	47
1997	£48,296	£713	48
1996	£43,247	£661	42
1995	£45,243	£656	33

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£133,000		2
2022	£300,000		1
2021	£208,050	£164	4
2018	£240,000	£2,857	1
2014	£575,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£401,000		1
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	£271,357	£2,460	7
2014	£235,856	£2,413	7
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	£207,751	£2,085	20
2006	£233,049	£2,269	8
2005	£195,333	£1,995	6
2004	£165,400	£1,851	5
2003	£163,221	£1,768	11
2002	£146,379	£1,701	17
2001	£119,388	£1,350	18
2000	£97,000	£885	6
1999	£99,607	£1,091	14
1998	£83,639	£925	14
1997	£84,862	£911	11
1996	£66,130	£754	15
1995	£66,606	£641	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£120,778	£3,075	9
2022	£149,850	£3,358	10
2021	£155,500	£3,339	12
2020	£102,312	£2,411	4
2019	£136,417	£2,630	12
2018	£145,796	£2,690	12
2017	£124,636	£3,066	11
2016	£112,022	£2,779	22
2015	£104,332	£2,337	15
2014	£96,000	£2,150	7
2013	£90,636	£1,984	7
2012	£120,160	£1,761	25
2011	£93,650	£1,873	6
2010	£79,500	£1,270	2
2009	£78,099	£2,016	5
2008	£95,899	£2,619	5
2007	£111,625	£2,224	14
2006	£90,521	£2,266	23
2005	£88,036	£2,166	14
2004	£76,662	£1,860	23
2003	£78,472	£1,951	18
2002	£57,819	£1,490	28
2001	£45,617	£1,138	36
2000	£40,443	£1,011	27
1999	£32,542	£729	21
1998	£27,822	£612	24
1997	£29,504	£597	20
1996	£22,558	£547	13
1995	£25,075	£541	16

House Type in LU5 5GD area

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

Total	154
Flat	91
Terraced	40
Semi-detached	12
Detached	11
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 Social rented: Other social rented (72), and Owned: Owns with a mortgage or loan (39).

Social rented: Other social rented	72
Owned: Owns with a mortgage or loan	39
Shared ownership: Shared ownership	21
Private rented: Private landlord or letting agency	9
Owned: Owns outright	8
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

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

2 people in household	47
1 person in household	41
3 people in household	32
4 people in household	22
5 people in household	4
6 people in household	3
7 people in household	2
8 or more people in household	2
0 people in household	0