Housing Market Analysis for MANDRELL CLOSE, LU5 5GL

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

Overview of Sold House prices

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

Flat
- The average price is around £131,750 median price is £124,000 Standard Deviation is £19,632 with Total Sold: 11
- The Last 5 Year average price is £172,500 with Total Sold: 2
- The most recent sale happened at this postcode is 8 MANDRELL CLOSE: £165,000 (Sold on 20 May 2022)
- The first recorded sale happened at this postcode is 5 MANDRELL CLOSE: £123,750 (Sold on 10 Oct 2005)
Terraced
- The average price is around £148,687 median price is £152,498 Standard Deviation is £29,343 with Total Sold: 12
- The most recent sale happened at this postcode is 11 MANDRELL CLOSE: £218,000 (Sold on 15 May 2018)
- The first recorded sale happened at this postcode is 10 MANDRELL CLOSE: £155,000 (Sold on 18 Sep 2006)
Detached
- The average price is around £131,667 median price is £125,000 Standard Deviation is £13,123 with Total Sold: 3
- The most recent sale happened at this postcode is 12 MANDRELL CLOSE: £125,000 (Sold on 28 May 2010)
- The first recorded sale happened at this postcode is 12 MANDRELL CLOSE: £150,000 (Sold on 22 Dec 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5GL 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
2022	£172,500	£3,593	2
2015	£123,750	£2,565	2
2014	£124,995	£2,907	1
2007	£124,000	£2,908	2
2006	£120,000	£2,440	3
2005	£123,750	£2,926	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£218,000	£4,113	1
2017	£177,500	£4,034	1
2016	£149,995	£3,409	1
2015	£139,995	£3,182	1
2014	£164,000	£2,697	1
2013	£105,750	£2,403	1
2006	£138,167	£2,818	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£125,000	£2,056	1
2009	£120,000		1
2006	£150,000	£2,778	1

All the Sales in the MANDRELL CLOSE, LU5 5GL

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

Address	Sold Date	Price	% Change
8 MANDRELL CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	20 May 2022	£165,000	33.60%
	28 Jan 2015	£123,500	2.92%
	10 Nov 2006	£120,000	First Sale
7 MANDRELL CLOSEFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	29 Apr 2022	£180,000	45.16%
	06 May 2015	£124,000	0.81%
	16 Mar 2007	£123,000	First Sale
11 MANDRELL CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 2003-2006	15 May 2018	£218,000	40.65%
	17 Oct 2006	£155,000	First Sale
1 MANDRELL CLOSETerraced, FreeholdArea: 44 Sq.mtrAge: 2003-2006	18 Dec 2017	£177,500	18.34%
	26 Aug 2016	£149,995	23.45%
	27 Oct 2006	£121,500	First Sale
3 MANDRELL CLOSETerraced, FreeholdArea: 44 Sq.mtrAge: 2003-2006	17 Aug 2015	£139,995	16.66%
	11 Oct 2006	£120,000	First Sale
4 MANDRELL CLOSEFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	29 Oct 2014	£124,995	7.75%
	21 Dec 2006	£116,000	First Sale
12 MANDRELL CLOSETerraced, FreeholdArea: 60.8 Sq.mtrAge: 2003-2006	17 Sep 2014	£164,000	31.20%
	28 May 2010	£125,000	-16.67%
	22 Dec 2006	£150,000	First Sale
2 MANDRELL CLOSETerraced, FreeholdArea: 44 Sq.mtrAge: 2003-2006	21 Mar 2013	£105,750	-11.88%
	26 Oct 2006	£120,000	First Sale
3A MANDRELL CLOSEDetached, Freehold	27 Nov 2009	£120,000	First Sale
5 MANDRELL CLOSEFlat, LeaseholdArea: 42.29 Sq.mtrAge: 2003-2006	06 Jul 2007	£125,000	1.01%
	10 Oct 2005	£123,750	First Sale
6 MANDRELL CLOSEFlat, Leasehold	01 Dec 2006	£124,000	First Sale
9 MANDRELL CLOSETerraced, Freehold	27 Oct 2006	£157,500	First Sale
10 MANDRELL CLOSETerraced, FreeholdArea: 52.54 Sq.mtrAge: 2003-2006	18 Sep 2006	£155,000	First Sale

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

MANDRELL CLOSE, LU5 5GL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £166,441 median price is £154,000 Standard Deviation is £86,909 with Total Sold: 861
- The Last 5 Year average price is £301,083 with Total Sold: 127
- The most recent sale happened at this postcode is , 7 UNION STREET: £285,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 1 GEORGE STREET: £52,000 (Sold on 31 Jan 1995)
Terraced
- The average price is around £158,355 median price is £150,000 Standard Deviation is £80,645 with Total Sold: 1,475
- The Last 5 Year average price is £270,804 with Total Sold: 231
- The most recent sale happened at this postcode is , 4 ASHTON ROAD: £390,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 74 WATERLOW ROAD: £45,000 (Sold on 05 Jan 1995)
Flat
- The average price is around £133,796 median price is £135,000 Standard Deviation is £62,203 with Total Sold: 1,108
- The Last 5 Year average price is £183,610 with Total Sold: 253
- The most recent sale happened at this postcode is , 20 THE PARKLANDS: £194,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 29, THE MALTINGS BEALE STREET: £22,500 (Sold on 18 Jan 1995)
Detached
- The average price is around £240,791 median price is £227,500 Standard Deviation is £135,643 with Total Sold: 337
- The Last 5 Year average price is £415,210 with Total Sold: 50
- The most recent sale happened at this postcode is , 17 PRINTERS WAY: £340,000 (Sold on 14 Feb 2024)
- The first recorded sale happened at this postcode is , 25 CRABTREE WAY: £103,500 (Sold on 27 Jan 1995)
Other
- The average price is around £1,048,853 median price is £275,000 Standard Deviation is £2,488,770 with Total Sold: 45
- The Last 5 Year average price is £1,295,521 with Total Sold: 29
- The most recent sale happened at this postcode is , 03-Apr HOUGHTON PARADE: £255,000 (Sold on 23 Jan 2024)
- The first recorded sale happened at this postcode is UNIT 5, THE ARIANNE BUSINESS CENTRE BLACKBURN ROAD: £340,000 (Sold on 13 Jul 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£299,182	£3,332	11
2023	£335,478	£4,292	23
2022	£324,538	£3,768	26
2021	£286,891	£3,380	23
2020	£275,825	£3,199	20
2019	£278,229	£3,369	24
2018	£265,304	£3,230	28
2017	£254,173	£3,243	30
2016	£244,750	£3,217	26
2015	£205,988	£2,364	21
2014	£192,101	£2,534	33
2013	£163,750	£2,132	25
2012	£161,904	£2,115	23
2011	£157,054	£1,892	27
2010	£155,575	£1,923	20
2009	£154,831	£1,811	16
2008	£172,069	£2,068	18
2007	£180,526	£2,024	41
2006	£155,251	£1,956	37
2005	£152,159	£1,916	31
2004	£146,155	£1,845	46
2003	£157,906	£1,793	35
2002	£116,882	£1,533	53
2001	£100,271	£1,141	42
2000	£79,831	£1,058	29
1999	£70,507	£845	50
1998	£65,643	£760	29
1997	£59,046	£679	32
1996	£49,120	£564	22
1995	£50,437	£605	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£277,679	£3,521	14
2023	£271,625	£4,010	32
2022	£302,726	£3,652	42
2021	£267,490	£3,451	50
2020	£248,667	£3,266	45
2019	£264,526	£3,219	48
2018	£250,765	£3,263	49
2017	£241,318	£3,232	48
2016	£221,347	£2,953	46
2015	£211,716	£2,832	74
2014	£187,860	£2,386	76
2013	£175,386	£2,475	52
2012	£166,519	£2,077	45
2011	£172,174	£1,982	31
2010	£150,858	£1,973	29
2009	£135,807	£1,955	26
2008	£162,681	£2,200	22
2007	£157,627	£2,186	59
2006	£151,989	£2,327	71
2005	£143,397	£1,876	47
2004	£137,594	£1,859	51
2003	£132,555	£1,913	67
2002	£102,673	£1,380	59
2001	£87,543	£1,263	69
2000	£74,765	£1,033	64
1999	£62,516	£855	63
1998	£59,445	£813	51
1997	£51,274	£715	59
1996	£46,713	£602	49
1995	£45,627	£560	37

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£194,192	£3,490	13
2023	£174,329	£3,037	31
2022	£195,338	£3,334	49
2021	£172,805	£3,108	46
2020	£153,624	£2,762	29
2019	£194,694	£3,051	85
2018	£206,894	£3,271	47
2017	£154,710	£2,879	54
2016	£146,136	£2,677	59
2015	£136,031	£2,458	59
2014	£140,728	£2,581	52
2013	£125,709	£2,203	17
2012	£108,681	£2,116	24
2011	£122,893	£2,169	50
2010	£101,263	£2,003	6
2009	£107,999	£2,528	5
2008	£116,375	£2,417	27
2007	£164,019	£2,885	104
2006	£144,249	£2,606	79
2005	£103,247	£2,244	21
2004	£95,522	£2,001	22
2003	£84,191	£1,962	34
2002	£76,370	£1,614	36
2001	£52,210	£1,130	32
2000	£51,322	£1,063	20
1999	£37,754	£904	22
1998	£37,230	£729	26
1997	£30,095	£644	22
1996	£27,481	£585	16
1995	£30,294	£691	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£405,000	£4,312	2
2023	£406,000	£4,114	5
2022	£487,500	£3,586	4
2021	£462,389	£3,603	18
2020	£368,500	£3,355	10
2019	£360,227	£3,394	11
2018	£362,786	£2,978	14
2017	£367,050	£3,506	10
2016	£264,778	£3,357	9
2015	£252,556	£2,549	8
2014	£249,642	£2,377	14
2013	£260,083	£2,415	6
2012	£238,840	£2,236	10
2011	£201,045	£2,282	10
2010	£231,166	£2,213	6
2009	£208,000	£2,118	7
2008	£228,583	£2,453	6
2007	£266,000	£2,642	20
2006	£231,888	£2,343	9
2005	£232,418	£1,826	11
2004	£236,331	£2,062	17
2003	£226,350	£1,930	7
2002	£190,940	£1,715	26
2001	£175,404	£1,516	32
2000	£131,722	£1,131	11
1999	£138,481	£1,063	14
1998	£120,979	£1,020	12
1997	£97,586	£899	11
1996	£82,722	£984	9
1995	£95,494	£882	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000		1
2023	£383,167	£3,030	3
2022	£430,417	£4,085	6
2021	£4,764,478	£2,759	5
2020	£200,050	£3,093	5
2019	£973,384	£558	9
2018	£736,612	£1,957	8
2017	£632,600	£32,344	4
2016	£288,332	£2,718	3
2015	£340,000		1

House Type in LU5 5GL area

The most common house types in the LU5 5GL postcode area are Terraced (85), Semi-detached (32), and Flat (28).

Total	182
Terraced	85
Semi-detached	32
Flat	28
commercial building	13
Detached	12
Shared house	10
converted building	2
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 (61), and Private rented: Private landlord or letting agency (55).

Owned: Owns with a mortgage or loan	61
Private rented: Private landlord or letting agency	55
Owned: Owns outright	45
Social rented: Other social rented	17
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
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 5GL have 1 person in household (57), and 2 people in household (54).

1 person in household	57
2 people in household	54
4 people in household	32
3 people in household	29
5 people in household	11
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0