Housing Market Analysis for GROVE ROAD, LU5 5PE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £126,982 median price is £115,000 Standard Deviation is £70,860 with Total Sold: 32
    • The Last 5 Year average price is £263,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 127 GROVE ROAD: £285,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is 139 GROVE ROAD: £37,000 (Sold on 14 Jan 1997)
  • Semi-Detached
    • The average price is around £114,000 median price is £114,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 147 GROVE ROAD: £114,000 (Sold on 26 Oct 2012)
    • The first recorded sale happened at this postcode is 147 GROVE ROAD: £114,000 (Sold on 26 Oct 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5PE 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
2023£285,000 £4,286 1
2022£302,000 £3,553 1
2020£270,000 £3,375 1
2019£198,000 £2,978 1
2017£202,500 £2,492 2
2016£236,000 £2,776 1
2015£145,000 £2,181 1
2014£147,000 £1,838 1
2012£107,000 £1,488 2
2011£115,000 £1,667 1
2009£81,000 £953 1
2008£97,543 £1,405 1
2007£143,000 £1,900 2
2006£123,500 £1,891 1
2005£115,500 £1,592 2
2004£117,000 £1,549 2
2003£115,0001
2002£91,995 £1,384 1
2001£65,124 £912 4
2000£54,000 £778 2
1998£43,000 £565 1
1997£37,450 £503 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£114,000 £1,666 1

All the Sales in the GROVE ROAD, LU5 5PE

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

AddressSold DatePrice% Change
127 GROVE ROADTerraced, FreeholdArea: 66.49 Sq.mtrAge: 1950-196624 Feb 2023£285,00043.94%
19 Jun 2019£198,00036.55%
31 Mar 2015£145,00057.62%
31 Oct 2002£91,99540.45%
12 Apr 2001£65,500First Sale
95 GROVE ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196611 Oct 2022£302,000First Sale
101 GROVE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196614 Dec 2020£270,00083.67%
21 Jul 2014£147,00037.38%
19 Mar 2012£107,000First Sale
119 GROVE ROADTerraced, FreeholdArea: 86.72 Sq.mtrAge: 1950-196617 Aug 2017£210,000First Sale
131 GROVE ROADTerraced, FreeholdArea: 76.09 Sq.mtrAge: 1950-196621 Jul 2017£195,00068.10%
13 Jul 2004£116,00070.59%
19 Oct 2001£68,00058.14%
12 Jan 1998£43,000First Sale
111 GROVE ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196622 Jul 2016£236,000191.36%
19 Oct 2009£81,000First Sale
137 GROVE ROADTerraced, FreeholdArea: 65.32 Sq.mtrAge: 1950-196619 Nov 2012£107,000-13.36%
17 Nov 2006£123,500First Sale
147 GROVE ROADSemi-Detached, FreeholdArea: 68.44 Sq.mtrAge: 1950-196626 Oct 2012£114,000First Sale
151 GROVE ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1950-196620 May 2011£115,000203.43%
19 Nov 1997£37,900First Sale
135 GROVE ROADTerraced, FreeholdArea: 69.43 Sq.mtrAge: 1950-196613 May 2008£97,543First Sale
145 GROVE ROADTerraced, FreeholdArea: 69.45 Sq.mtrAge: 1950-196629 Nov 2007£142,000162.96%
02 Jun 2000£54,000First Sale
113 GROVE ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-196620 Jul 2007£144,000First Sale
105 GROVE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1950-196627 Jun 2005£109,00081.68%
18 Oct 2001£59,995First Sale
141 GROVE ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1950-196613 May 2005£122,0003.39%
31 Mar 2004£118,000First Sale
117 GROVE ROADTerraced, Freehold12 Sep 2003£115,00071.64%
29 Jun 2001£67,000First Sale
115 GROVE ROADTerraced, Freehold31 Mar 2000£54,000First Sale
139 GROVE ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1950-196614 Jan 1997£37,000First Sale

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

GROVE ROAD, LU5 5PE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £135,536 median price is £125,000 Standard Deviation is £70,828 with Total Sold: 722
    • The Last 5 Year average price is £247,518 with Total Sold: 110
    • The most recent sale happened at this postcode is , 91 GROVE ROAD: £295,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 126 ELM PARK CLOSE: £37,500 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £81,000 median price is £70,750 Standard Deviation is £61,330 with Total Sold: 14
    • The Last 5 Year average price is £206,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 119 ELM PARK CLOSE: £265,000 (Sold on 20 Mar 2024)
    • The first recorded sale happened at this postcode is , 2 HILLBOROUGH CRESCENT: £25,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £131,389 median price is £127,750 Standard Deviation is £72,769 with Total Sold: 280
    • The Last 5 Year average price is £273,996 with Total Sold: 29
    • The most recent sale happened at this postcode is , 46 THORNHILL CLOSE: £292,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is , 13 YEW STREET: £50,000 (Sold on 30 Jan 1995)
  • Other
    • The average price is around £583,333 median price is £360,000 Standard Deviation is £396,176 with Total Sold: 3
    • The Last 5 Year average price is £583,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 157B TITHE FARM ROAD: £1,140,000 (Sold on 02 May 2023)
    • The first recorded sale happened at this postcode is , 10 HILLBOROUGH CRESCENT: £360,000 (Sold on 13 May 2021)
  • Detached
    • The average price is around £133,617 median price is £90,000 Standard Deviation is £91,492 with Total Sold: 17
    • The Last 5 Year average price is £327,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 1A GROVE ROAD: £415,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is , 2 THORNHILL CLOSE: £57,500 (Sold on 28 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£294,2504
2023£258,038 £3,401 13
2022£276,036 £3,373 28
2021£241,340 £3,072 25
2020£230,889 £2,581 18
2019£217,136 £2,748 22
2018£225,225 £2,770 20
2017£215,943 £2,524 28
2016£208,984 £2,584 25
2015£167,251 £2,119 27
2014£147,258 £1,813 29
2013£128,847 £1,542 19
2012£130,264 £1,576 18
2011£118,066 £1,419 15
2010£129,075 £1,509 8
2009£117,591 £1,330 11
2008£140,205 £1,604 16
2007£142,893 £1,761 33
2006£133,484 £1,649 35
2005£123,328 £1,474 32
2004£116,878 £1,468 39
2003£102,937 £1,301 43
2002£88,877 £1,088 37
2001£70,264 £914 43
2000£60,808 £751 30
1999£50,413 £606 35
1998£43,276 £544 17
1997£40,064 £499 18
1996£37,018 £424 21
1995£37,231 £472 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,0001
2022£148,000 £2,741 1
2016£110,000 £2,391 1
2014£75,000 £1,870 1
2009£46,000 £1,147 1
2008£80,000 £1,376 2
2007£85,000 £1,848 1
2003£71,500 £1,554 1
2000£60,000 £689 1
1998£27,500 £598 1
1997£44,000 £518 1
1995£21,000 £370 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,000 £2,832 2
2023£272,500 £3,982 2
2022£328,400 £3,351 5
2021£258,125 £3,333 8
2020£261,167 £2,923 6
2019£249,149 £2,681 6
2018£227,875 £3,290 8
2017£217,500 £2,765 4
2016£226,900 £2,850 10
2015£192,750 £2,855 4
2014£166,124 £2,117 4
2013£141,333 £1,656 3
2012£129,583 £1,618 6
2011£135,999 £1,685 7
2010£145,249 £1,677 4
2009£125,357 £1,730 7
2008£158,357 £1,767 7
2007£153,124 £1,981 16
2006£147,130 £1,540 15
2005£137,730 £1,815 13
2004£125,883 £1,727 22
2003£117,692 £1,432 13
2002£105,172 £1,126 17
2001£72,356 £891 15
2000£68,429 £904 15
1999£54,139 £730 14
1998£53,128 £544 22
1997£50,200 £605 11
1996£42,786 £646 7
1995£42,857 £457 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,140,0001
2021£305,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£415,000 £6,288 1
2019£240,000 £2,857 1
2015£210,000 £3,182 1
2013£180,000 £2,727 1
2012£168,000 £2,021 1
2005£124,5001
2001£88,0001
2000£90,0001
1998£86,375 £698 4
1997£100,9983
1995£53,750 £651 2

House Type in LU5 5PE area

The most common house types in the LU5 5PE postcode area are Terraced (77), Semi-detached (31), and Flat (15).

Total131
Terraced77
Semi-detached31
Flat15
Detached8
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: Rents from council or Local Authority (54), and Owned: Owns with a mortgage or loan (38).

Social rented: Rents from council or Local Authority54
Owned: Owns with a mortgage or loan38
Owned: Owns outright23
Private rented: Private landlord or letting agency11
Social rented: Other social rented4
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LU5 5PE have 1 person in household (38), and 3 people in household (29).

1 person in household38
3 people in household29
2 people in household28
4 people in household19
5 people in household11
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0