Housing Market Analysis for MEADS CLOSE, LU5 5LY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £176,750 median price is £177,500 Standard Deviation is £56,084 with Total Sold: 10
    • The Last 5 Year average price is £272,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 MEADS CLOSE: £272,500 (Sold on 07 Oct 2020)
    • The first recorded sale happened at this postcode is 2 MEADS CLOSE: £75,000 (Sold on 16 Dec 1998)
  • Detached
    • The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MEADS CLOSE: £45,000 (Sold on 29 Jun 1995)
    • The first recorded sale happened at this postcode is 3 MEADS CLOSE: £45,000 (Sold on 29 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5LY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£272,500 £3,838 1
2016£245,000 £3,551 1
2015£205,000 £3,015 1
2014£200,000 £2,151 1
2013£185,000 £2,846 1
2010£170,000 £2,205 1
2005£167,000 £2,456 1
2003£133,0001
2001£114,995 £1,691 1
1998£75,000 £1,154 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£45,0001

All the Sales in the MEADS CLOSE, LU5 5LY

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

AddressSold DatePrice% Change
5 MEADS CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-196607 Oct 2020£272,500First Sale
4 MEADS CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1950-196623 Nov 2016£245,000First Sale
1 MEADS CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-196620 Feb 2015£205,00022.75%
05 Aug 2005£167,00045.22%
24 Aug 2001£114,995First Sale
6 MEADS CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196630 Apr 2014£200,000First Sale
2 MEADS CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1950-196603 Oct 2013£185,000146.67%
16 Dec 1998£75,000First Sale
11 MEADS CLOSESemi-Detached, FreeholdArea: 77.09 Sq.mtrAge: 1967-197527 Aug 2010£170,000First Sale
10 MEADS CLOSESemi-Detached, Freehold17 Jan 2003£133,000First Sale
3 MEADS CLOSEDetached, Freehold29 Jun 1995£45,000First Sale

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

MEADS CLOSE, LU5 5LY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £178,889 median price is £163,000 Standard Deviation is £98,692 with Total Sold: 717
    • The Last 5 Year average price is £304,733 with Total Sold: 118
    • The most recent sale happened at this postcode is , 101 LEAFIELDS: £310,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 19 PARK ROAD NORTH: £56,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £279,286 median price is £277,500 Standard Deviation is £133,656 with Total Sold: 254
    • The Last 5 Year average price is £406,998 with Total Sold: 54
    • The most recent sale happened at this postcode is , 1 BANKSIDE CLOSE: £375,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 BEDFORD ROAD: £57,000 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £136,562 median price is £126,550 Standard Deviation is £73,795 with Total Sold: 894
    • The Last 5 Year average price is £255,063 with Total Sold: 138
    • The most recent sale happened at this postcode is , 4 BORDERS WAY: £310,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 72 CHURCHFIELD ROAD: £24,500 (Sold on 24 Jan 1995)
  • Flat
    • The average price is around £76,345 median price is £75,000 Standard Deviation is £45,196 with Total Sold: 133
    • The Last 5 Year average price is £147,464 with Total Sold: 14
    • 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 , 21 HAMMERSMITH CLOSE: £27,500 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £498,500 median price is £357,500 Standard Deviation is £323,012 with Total Sold: 8
    • The Last 5 Year average price is £479,000 with Total Sold: 7
    • The most recent sale happened at this postcode is , 21 WOODLANDS AVENUE: £355,000 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is , ALL SAINTS VICARAGE BEDFORD ROAD: £635,000 (Sold on 02 Aug 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,750 £3,148 8
2023£327,556 £3,916 18
2022£349,806 £4,065 18
2021£292,667 £3,436 30
2020£261,971 £3,134 17
2019£294,463 £3,266 27
2018£322,780 £3,252 41
2017£297,584 £3,507 41
2016£249,103 £2,984 28
2015£220,286 £2,579 14
2014£205,465 £2,371 16
2013£172,444 £1,991 18
2012£163,423 £1,933 13
2011£167,875 £2,049 8
2010£150,750 £1,914 20
2009£154,429 £1,880 14
2008£164,833 £2,082 12
2007£168,745 £2,030 36
2006£158,884 £1,749 26
2005£153,788 £1,793 26
2004£132,648 £1,673 27
2003£132,914 £1,575 40
2002£112,313 £1,322 32
2001£99,578 £1,098 31
2000£77,499 £909 33
1999£68,520 £811 34
1998£67,604 £721 22
1997£56,374 £629 35
1996£51,539 £636 19
1995£52,850 £627 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£424,7504
2023£383,125 £4,147 4
2022£431,250 £4,126 8
2021£409,222 £3,567 9
2020£415,062 £3,645 8
2019£394,899 £3,314 21
2018£418,552 £3,491 19
2017£370,988 £3,385 25
2016£342,176 £3,048 17
2015£285,786 £2,667 7
2014£247,568 £2,221 14
2013£251,250 £2,171 9
2012£197,150 £1,985 5
2011£193,750 £2,172 4
2010£233,100 £2,985 5
2009£142,500 £1,614 4
2008£196,332 £2,322 3
2007£225,874 £2,020 8
2006£241,300 £2,218 8
2005£195,667 £1,770 3
2004£298,749 £1,935 4
2003£190,168 £1,773 9
2002£204,000 £1,590 14
2001£162,750 £1,508 6
2000£134,997 £1,277 3
1999£112,538 £844 9
1998£73,856 £932 7
1997£73,625 £723 4
1996£59,750 £658 6
1995£64,643 £625 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,800 £3,642 15
2023£277,143 £3,456 14
2022£284,933 £3,552 30
2021£237,450 £3,138 30
2020£248,435 £2,946 23
2019£218,317 £2,706 26
2018£223,905 £2,943 21
2017£220,000 £2,859 26
2016£201,339 £2,613 31
2015£170,768 £2,165 41
2014£145,945 £1,834 37
2013£133,753 £1,760 28
2012£132,094 £1,715 26
2011£122,438 £1,545 16
2010£130,238 £1,725 13
2009£120,131 £1,375 19
2008£141,999 £1,732 18
2007£146,489 £1,886 49
2006£138,446 £1,656 38
2005£121,961 £1,654 47
2004£115,022 £1,547 33
2003£105,556 £1,368 41
2002£89,213 £1,117 44
2001£70,661 £895 43
2000£63,674 £861 34
1999£49,742 £641 46
1998£48,057 £613 26
1997£42,919 £556 31
1996£39,018 £519 25
1995£38,498 £509 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2023£181,833 £2,635 3
2022£121,500 £3,078 2
2021£168,500 £3,523 2
2020£135,333 £2,957 3
2019£146,000 £3,030 3
2018£113,900 £2,436 5
2017£155,000 £2,782 4
2016£113,125 £2,636 4
2015£104,274 £1,975 4
2014£105,000 £2,299 2
2013£70,700 £1,508 5
2010£92,500 £2,150 2
2009£80,000 £1,860 3
2008£103,500 £2,238 3
2007£115,248 £2,140 4
2006£96,000 £2,099 11
2005£78,300 £1,839 1
2004£80,900 £2,114 6
2003£76,399 £1,652 10
2002£56,328 £1,151 3
2001£44,057 £1,109 7
2000£37,648 £793 12
1999£33,323 £721 7
1998£30,891 £581 11
1997£25,103 £557 9
1996£25,000 £385 2
1995£27,125 £683 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£355,000 £4,383 1
2022£767,500 £12,289 2
2021£227,000 £3,027 1
2020£735,000 £3,356 1
2019£250,500 £2,888 2
2016£635,000 £3,489 1

House Type in LU5 5LY area

The most common house types in the LU5 5LY postcode area are Terraced (73), Semi-detached (36), and Flat (2).

Total114
Terraced73
Semi-detached36
Flat2
Shared house2
Detached1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (36), and Owned: Owns with a mortgage or loan (35).

Social rented: Rents from council or Local Authority36
Owned: Owns with a mortgage or loan35
Owned: Owns outright24
Private rented: Private landlord or letting agency15
Social rented: Other social rented4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LU5 5LY have 1 person in household (30), and 4 people in household (27).

1 person in household30
4 people in household27
2 people in household26
3 people in household20
6 people in household6
5 people in household5
7 people in household1
0 people in household0
8 or more people in household0