Housing Market Analysis for ELM PARK CLOSE, LU5 5PN

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

Overview of Sold House prices

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

Terraced
- The average price is around £137,677 median price is £124,998 Standard Deviation is £69,759 with Total Sold: 74
- The Last 5 Year average price is £235,600 with Total Sold: 10
- The most recent sale happened at this postcode is 62 ELM PARK CLOSE: £280,000 (Sold on 22 Mar 2023)
- The first recorded sale happened at this postcode is 68 ELM PARK CLOSE: £40,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £114,249 median price is £115,000 Standard Deviation is £78,386 with Total Sold: 10
- The Last 5 Year average price is £320,000 with Total Sold: 1
- The most recent sale happened at this postcode is 60 ELM PARK CLOSE: £320,000 (Sold on 07 Mar 2022)
- The first recorded sale happened at this postcode is 63 ELM PARK CLOSE: £42,500 (Sold on 10 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5PN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£280,000	£3,636	1
2022	£252,000	£2,996	3
2021	£246,000	£3,127	2
2020	£210,000	£2,098	2
2019	£204,000	£2,374	2
2018	£222,000	£2,482	4
2017	£223,700	£2,527	5
2016	£220,000	£2,301	4
2015	£145,000	£1,790	1
2014	£117,667	£1,336	3
2013	£125,975	£1,416	2
2012	£121,000	£1,494	1
2008	£147,582	£1,542	3
2007	£144,000	£1,122	2
2006	£142,500	£1,269	2
2005	£120,998	£1,268	4
2004	£122,998	£1,249	4
2003	£111,642	£1,271	7
2002	£93,874	£1,000	4
2001	£64,361	£797	4
2000	£63,750	£545	2
1999	£50,749	£473	6
1998	£43,000	£358	1
1996	£38,374	£372	4
1995	£40,000	£471	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£320,000	£3,232	1
2013	£110,000	£1,236	1
2008	£135,000	£1,378	1
2007	£128,500	£1,458	2
2004	£129,995	£1,326	1
2001	£55,000	£561	1
1998	£46,498	£434	2
1997	£42,500	£434	1

All the Sales in the ELM PARK CLOSE, LU5 5PN

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

Address	Sold Date	Price	% Change
62 ELM PARK CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	22 Mar 2023	£280,000	First Sale
4 ELM PARK CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	31 Oct 2022	£280,000	First Sale
12 ELM PARK CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	08 Apr 2022	£188,000	50.41%
	15 Oct 2004	£124,995	79.85%
	12 Apr 2001	£69,500	First Sale
60 ELM PARK CLOSESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1991-1995	07 Mar 2022	£320,000	644.19%
	15 Dec 1998	£43,000	First Sale
53 ELM PARK CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	28 Feb 2022	£288,000	First Sale
11 ELM PARK CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	30 Nov 2021	£247,000	375.00%
	11 Jan 1999	£52,000	First Sale
58 ELM PARK CLOSETerraced, Freehold	12 Feb 2021	£245,000	First Sale
10 ELM PARK CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	18 May 2020	£210,000	44.83%
	08 Jun 2015	£145,000	18.85%
	01 Feb 2013	£122,000	0.83%
	20 Jul 2012	£121,000	First Sale
24 ELM PARK CLOSETerraced, FreeholdArea: 131 Sq.mtrAge: 1967-1975	31 Jan 2020	£210,000	42.86%
	17 Aug 2007	£147,000	First Sale
13 ELM PARK CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	28 Nov 2019	£218,000	45.33%
	23 May 2008	£150,000	First Sale
16 ELM PARK CLOSETerraced, FreeholdArea: 84.72 Sq.mtrAge: 1967-1975	12 Sep 2019	£190,000	140.51%
	28 Mar 2002	£79,000	First Sale
41 ELM PARK CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-1975	21 Nov 2018	£200,000	First Sale
63 ELM PARK CLOSETerraced, FreeholdArea: 98 Sq.mtrAge: 1967-1975	19 Nov 2018	£233,000	79.30%
	23 Jul 2013	£129,950	-3.74%
	18 Jul 2008	£135,000	12.50%
	27 Apr 2007	£120,000	-7.69%
	30 Jul 2004	£129,995	136.35%
	01 Jun 2001	£55,000	29.41%
	10 Jan 1997	£42,500	First Sale
65 ELM PARK CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	05 Oct 2018	£225,000	First Sale
18 ELM PARK CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	06 Jul 2018	£230,000	76.92%
	24 Oct 2014	£130,000	First Sale
39 ELM PARK CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	18 Sep 2017	£220,000	0.0
	31 Mar 2017	£220,000	84.87%
	07 Oct 2005	£119,000	First Sale
45 ELM PARK CLOSETerraced, FreeholdArea: 98 Sq.mtrAge: 1967-1975	07 Sep 2017	£240,000	First Sale
17 ELM PARK CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	21 Jul 2017	£212,500	First Sale
52 ELM PARK CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	09 Jun 2017	£226,000	232.35%
	28 Sep 2001	£68,000	First Sale
35 ELM PARK CLOSETerraced, FreeholdArea: 119 Sq.mtrAge: 1967-1975	29 Mar 2016	£247,000	171.43%
	03 Oct 2014	£91,000	-6.67%
	17 Dec 2002	£97,500	First Sale
7 ELM PARK CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	18 Mar 2016	£212,000	First Sale
9 ELM PARK CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	05 Feb 2016	£188,000	56.67%
	26 Jul 2005	£119,995	First Sale
19 ELM PARK CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1967-1975	21 Jan 2016	£233,000	94.17%
	08 Apr 2004	£119,995	First Sale
51 ELM PARK CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	10 Jan 2014	£132,000	15.79%
	15 Dec 2003	£114,000	First Sale
40 ELM PARK CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	30 Sep 2013	£110,000	12.82%
	16 Jan 2003	£97,500	First Sale
30 ELM PARK CLOSETerraced, Freehold	30 May 2008	£136,745	15.89%
30 ELM PARK CLOSETerraced, Freehold	16 May 2003	£118,000	First Sale
28 ELM PARK CLOSETerraced, FreeholdArea: 114.78 Sq.mtrAge: 1967-1975	31 Jan 2008	£156,000	183.64%
	30 Apr 1999	£55,000	First Sale
59 ELM PARK CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	22 Jun 2007	£137,000	First Sale
31 ELM PARK CLOSETerraced, Freehold	08 Jan 2007	£141,000	First Sale
34 ELM PARK CLOSETerraced, FreeholdArea: 120 Sq.mtrAge: 1967-1975	16 Aug 2006	£137,000	First Sale
69 ELM PARK CLOSETerraced, FreeholdArea: 106 Sq.mtrAge: 1976-1982	20 Jul 2006	£148,000	First Sale
32 ELM PARK CLOSETerraced, Freehold	07 Oct 2005	£125,000	First Sale
23 ELM PARK CLOSETerraced, FreeholdArea: 119.1 Sq.mtrAge: 1976-1982	25 Jul 2005	£119,995	63.26%
	22 Dec 2000	£73,500	83.75%
	14 Sep 1999	£40,000	First Sale
36 ELM PARK CLOSETerraced, Freehold	28 Sep 2004	£125,000	108.35%
36 ELM PARK CLOSETerraced, Freehold	26 Jan 2001	£59,995	First Sale
26 ELM PARK CLOSETerraced, FreeholdArea: 120 Sq.mtrAge: 1967-1975	30 Jun 2004	£122,000	183.72%
	30 Apr 1998	£43,000	First Sale
21 ELM PARK CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	31 Oct 2003	£97,000	218.03%
	21 Mar 1996	£30,500	First Sale
27 ELM PARK CLOSETerraced, FreeholdArea: 114 Sq.mtrAge: 1967-1975	22 Aug 2003	£115,000	112.96%
	25 Feb 2000	£54,000	8.01%
	06 Dec 1996	£49,995	First Sale
66 ELM PARK CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 1967-1975	03 Mar 2003	£109,995	131.57%
	04 Jun 1999	£47,500	58.33%
	23 Oct 1996	£30,000	First Sale
67 ELM PARK CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	07 Feb 2003	£130,000	116.85%
	02 Feb 2001	£59,950	First Sale
68 ELM PARK CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	18 Oct 2002	£106,000	165.00%
	31 Mar 1995	£40,000	First Sale
57 ELM PARK CLOSETerraced, Freehold	13 Sep 2002	£92,995	First Sale
38 ELM PARK CLOSETerraced, Freehold	26 Aug 1999	£52,000	First Sale
55 ELM PARK CLOSETerraced, Freehold	25 Jun 1999	£57,995	First Sale
61 ELM PARK CLOSESemi-Detached, Freehold	18 Sep 1998	£49,995	First Sale
50 ELM PARK CLOSETerraced, Freehold	24 May 1996	£43,000	First Sale

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

ELM PARK CLOSE, LU5 5PN Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £137,755 median price is £127,000 Standard Deviation is £79,217 with Total Sold: 780
- The Last 5 Year average price is £280,511 with Total Sold: 87
- 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 , 4 KEATON CLOSE: £50,500 (Sold on 12 Jan 1995)
Terraced
- The average price is around £130,802 median price is £125,000 Standard Deviation is £71,083 with Total Sold: 1,956
- The Last 5 Year average price is £247,699 with Total Sold: 273
- The most recent sale happened at this postcode is , 43 BROMLEY GARDENS: £295,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 22 LOWRY DRIVE: £37,000 (Sold on 06 Jan 1995)
Other
- The average price is around £558,689 median price is £290,000 Standard Deviation is £418,623 with Total Sold: 9
- The Last 5 Year average price is £558,689 with Total Sold: 9
- 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 , 10 HILLBOROUGH CRESCENT: £360,000 (Sold on 13 May 2021)
Detached
- The average price is around £220,205 median price is £218,000 Standard Deviation is £127,283 with Total Sold: 89
- The Last 5 Year average price is £377,682 with Total Sold: 11
- The most recent sale happened at this postcode is , 1 LEAFIELDS: £541,500 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 29 SUNDON ROAD: £95,000 (Sold on 06 Jun 1995)
Flat
- The average price is around £70,550 median price is £65,500 Standard Deviation is £43,918 with Total Sold: 142
- The Last 5 Year average price is £144,357 with Total Sold: 14
- 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 , 21 HAMMERSMITH CLOSE: £27,500 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,545	£2,990	11
2023	£319,545	£3,878	11
2022	£338,150	£3,880	10
2021	£276,826	£3,378	23
2020	£244,429	£3,022	14
2019	£243,333	£2,895	18
2018	£250,620	£3,209	25
2017	£232,021	£3,092	21
2016	£227,640	£2,924	25
2015	£215,792	£2,840	12
2014	£173,631	£2,254	11
2013	£146,864	£1,855	11
2012	£151,856	£1,829	14
2011	£142,884	£1,795	13
2010	£145,588	£1,893	17
2009	£141,916	£1,860	19
2008	£156,600	£1,811	15
2007	£151,320	£2,006	40
2006	£148,170	£1,753	38
2005	£140,250	£1,846	36
2004	£125,957	£1,699	48
2003	£122,397	£1,592	44
2002	£100,037	£1,256	43
2001	£85,766	£1,015	46
2000	£71,226	£875	45
1999	£61,432	£807	37
1998	£52,569	£592	37
1997	£54,538	£638	40
1996	£44,259	£581	28
1995	£47,947	£571	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,312	£2,430	16
2023	£262,324	£3,632	34
2022	£277,240	£3,614	68
2021	£236,331	£3,353	65
2020	£231,263	£2,834	38
2019	£216,923	£2,894	52
2018	£222,716	£3,040	51
2017	£214,506	£2,873	64
2016	£203,390	£2,756	79
2015	£165,594	£2,150	82
2014	£142,258	£1,906	71
2013	£132,090	£1,732	53
2012	£128,909	£1,671	36
2011	£118,424	£1,564	39
2010	£128,315	£1,778	32
2009	£125,793	£1,537	29
2008	£141,021	£1,899	37
2007	£142,029	£1,861	85
2006	£132,316	£1,853	91
2005	£122,825	£1,639	88
2004	£119,949	£1,603	83
2003	£106,980	£1,500	110
2002	£89,673	£1,261	97
2001	£69,839	£1,005	122
2000	£61,104	£856	78
1999	£50,475	£651	105
1998	£44,814	£652	71
1997	£41,676	£600	79
1996	£37,554	£549	50
1995	£36,855	£550	51

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£196,000		1
2023	£843,400	£2,900	3
2022	£732,500	£12,183	2
2021	£279,000	£3,027	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£541,500		1
2023	£382,500	£5,477	2
2020	£367,667	£3,753	3
2019	£349,000	£2,855	5
2018	£312,000	£3,545	1
2017	£309,000	£3,760	4
2016	£322,333	£2,962	3
2015	£281,250	£3,021	4
2014	£286,999	£2,082	5
2013	£203,333	£2,490	3
2012	£194,500	£2,162	2
2011	£183,333	£2,167	3
2010	£208,500	£2,227	2
2008	£224,998	£2,322	2
2007	£219,000	£1,645	2
2006	£237,921	£2,134	7
2005	£173,750	£1,458	2
2004	£266,250	£1,935	4
2003	£212,504	£1,919	3
2002	£333,250	£1,473	4
2001	£131,398	£1,311	5
2000	£90,000		1
1999	£116,808	£724	6
1998	£72,590	£952	5
1997	£70,330		3
1996	£53,333	£709	3
1995	£71,125	£609	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,000		1
2023	£152,500	£3,924	2
2022	£122,667	£2,944	3
2021	£153,667	£3,840	3
2020	£108,000	£2,628	3
2019	£149,000	£3,464	2
2018	£171,000	£4,385	1
2017	£131,833	£2,917	3
2016	£117,000	£2,676	6
2015	£95,819	£2,286	5
2014	£88,000	£2,045	3
2013	£77,000	£1,818	5
2010	£92,500	£2,150	2
2009	£72,000	£1,669	3
2008	£90,600	£1,942	5
2007	£102,248	£2,377	5
2006	£99,333	£2,305	6
2005	£106,833	£2,537	3
2004	£82,475	£1,979	4
2003	£76,214	£1,696	7
2002	£53,999	£1,287	9
2001	£41,992	£1,007	13
2000	£44,694	£888	9
1999	£33,038	£782	7
1998	£27,664	£501	8
1997	£25,493	£538	12
1996	£15,917	£335	3
1995	£23,883	£584	9

House Type in LU5 5PN area

The most common house types in the LU5 5PN postcode area are Terraced (110), Semi-detached (18), and Detached (3).

Total	132
Terraced	110
Semi-detached	18
Detached	3
Flat	1
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 Owned: Owns with a mortgage or loan (45), and Owned: Owns outright (29).

Owned: Owns with a mortgage or loan	45
Owned: Owns outright	29
Social rented: Rents from council or Local Authority	29
Private rented: Private landlord or letting agency	22
Social rented: Other social rented	6
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 5PN have 2 people in household (38), and 3 people in household (37).

2 people in household	38
3 people in household	37
4 people in household	23
1 person in household	19
6 people in household	7
7 people in household	4
5 people in household	3
8 or more people in household	1
0 people in household	0