Housing Market Analysis for PARKWAY, LU5 5PT

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

Overview of Sold House prices

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

Terraced
- The average price is around £126,313 median price is £120,000 Standard Deviation is £73,168 with Total Sold: 43
- The Last 5 Year average price is £244,062 with Total Sold: 8
- The most recent sale happened at this postcode is 32 PARKWAY: £260,000 (Sold on 30 Jun 2022)
- The first recorded sale happened at this postcode is 41 PARKWAY: £242,000 (Sold on 19 Apr 2024)
Flat
- The average price is around £73,836 median price is £70,500 Standard Deviation is £26,596 with Total Sold: 27
- The Last 5 Year average price is £117,000 with Total Sold: 1
- The most recent sale happened at this postcode is 4 PARKWAY: £117,000 (Sold on 27 Nov 2019)
- The first recorded sale happened at this postcode is 2 PARKWAY: £27,000 (Sold on 17 Oct 1996)
Semi-Detached
- The average price is around £84,600 median price is £97,000 Standard Deviation is £34,890 with Total Sold: 5
- The most recent sale happened at this postcode is 45 PARKWAY: £116,500 (Sold on 01 Dec 2004)
- The first recorded sale happened at this postcode is 19 PARKWAY: £40,000 (Sold on 08 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5PT 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
2022	£260,000	£3,714	1
2021	£286,500	£3,604	2
2020	£218,750	£3,534	2
2019	£220,000	£2,935	2
2018	£234,000	£3,250	1
2017	£205,000		1
2016	£171,000	£2,851	1
2015	£153,000	£2,468	1
2014	£153,998	£2,348	2
2012	£118,000	£2,423	1
2011	£126,667	£1,883	3
2008	£149,000		1
2007	£112,500	£2,023	2
2006	£126,500	£2,000	2
2005	£129,000	£1,767	1
2003	£107,000	£1,726	1
2002	£79,833	£1,150	3
2001	£71,330	£1,265	3
2000	£62,498	£833	2
1999	£52,748	£787	2
1998	£47,000	£700	2
1997	£43,000	£719	3
1996	£40,000		1
1995	£49,995	£589	2
2024	£242,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£117,000		1
2015	£93,700	£1,675	2
2014	£109,995	£1,721	1
2013	£63,500	£1,114	1
2009	£63,125	£988	2
2007	£105,500	£1,738	2
2006	£97,250	£1,487	2
2005	£95,250	£1,820	2
2004	£94,000	£1,787	1
2003	£81,500	£1,405	1
2002	£70,485	£1,144	4
2001	£54,875	£1,031	4
2000	£25,000	£480	1
1999	£30,000	£517	1
1998	£34,500	£576	1
1996	£27,000	£513	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£119,750	£1,737	2
2003	£97,000		1
1998	£46,500	£603	1
1997	£40,000		1

All the Sales in the PARKWAY, LU5 5PT

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

Address	Sold Date	Price	% Change
32 PARKWAYTerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	30 Jun 2022	£260,000	First Sale
11 PARKWAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	17 Dec 2021	£310,000	First Sale
23 PARKWAYTerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	23 Apr 2021	£263,000	64.38%
	03 Oct 2014	£159,995	24.03%
	14 Oct 2005	£129,000	First Sale
33 PARKWAYTerraced, FreeholdArea: 61.8 Sq.mtrAge: 1950-1966	30 Oct 2020	£230,000	91.67%
	13 Sep 2011	£120,000	-4.00%
	26 Jul 2007	£125,000	140.41%
	29 Oct 1999	£51,995	First Sale
35 PARKWAYTerraced, FreeholdArea: 62 Sq.mtrAge: 1983-1990	01 Jul 2020	£207,500	35.62%
	12 Jun 2015	£153,000	42.99%
	30 Sep 2003	£107,000	First Sale
4 PARKWAYFlat, Leasehold	27 Nov 2019	£117,000	17.59%
	22 Nov 2006	£99,500	148.75%
	09 Mar 2001	£40,000	First Sale
1 PARKWAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	19 Sep 2019	£220,000	348.98%
1 PARKWAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	30 Sep 1997	£49,000	First Sale
34 PARKWAYTerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	01 Mar 2019	£220,000	311.21%
34 PARKWAYTerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	20 Sep 1999	£53,500	First Sale
3 PARKWAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	23 Feb 2018	£234,000	160.00%
	22 Nov 2002	£90,000	50.00%
	14 Jul 2000	£60,000	First Sale
47 PARKWAYTerraced, Freehold	15 Dec 2017	£205,000	54.14%
	07 Dec 2006	£133,000	224.39%
	03 Oct 1997	£41,000	First Sale
17 PARKWAYTerraced, FreeholdArea: 59.98 Sq.mtrAge: 1967-1975	15 Jan 2016	£171,000	307.14%
	27 May 1998	£42,000	First Sale
6 PARKWAYFlat, LeaseholdArea: 52.1 Sq.mtrAge: 1967-1975	11 Dec 2015	£89,000	-6.32%
	17 Aug 2005	£95,000	280.00%
	31 May 2000	£25,000	First Sale
20 PARKWAYFlat, LeaseholdArea: 59.9 Sq.mtrAge: 1967-1975	27 Feb 2015	£98,400	51.40%
	28 Jun 2002	£64,995	88.39%
	19 Nov 1998	£34,500	First Sale
43 PARKWAYTerraced, FreeholdArea: 59.08 Sq.mtrAge: 1967-1975	11 Aug 2014	£148,000	18.40%
	21 Mar 2011	£125,000	86.57%
	21 Sep 2001	£67,000	First Sale
24 PARKWAYFlat, LeaseholdArea: 63.9 Sq.mtrAge: 1967-1975	25 Jul 2014	£109,995	56.02%
	20 Nov 2009	£70,500	26.46%
	24 Jul 2009	£55,750	-41.32%
	17 Feb 2006	£95,000	First Sale
10 PARKWAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	15 Mar 2013	£63,500	8.55%
10 PARKWAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	30 Nov 2001	£58,500	First Sale
15 PARKWAYTerraced, FreeholdArea: 48.7 Sq.mtrAge: 1967-1975	03 Jul 2012	£118,000	73.54%
	01 Oct 2001	£67,995	74.35%
	24 Oct 1997	£39,000	First Sale
28 PARKWAYTerraced, FreeholdArea: 84.9 Sq.mtrAge: 1983-1990	26 Aug 2011	£135,000	170.03%
28 PARKWAYTerraced, FreeholdArea: 84.9 Sq.mtrAge: 1983-1990	31 Oct 1995	£49,995	First Sale
21 PARKWAYTerraced, Freehold	18 Apr 2008	£149,000	First Sale
22 PARKWAYTerraced, Leasehold	24 Aug 2007	£100,000	First Sale
8 PARKWAYFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	04 May 2007	£105,000	50.01%
8 PARKWAYFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	30 Oct 2002	£69,995	First Sale
16 PARKWAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	29 Jan 2007	£106,000	65.62%
16 PARKWAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	05 Jul 2002	£64,000	First Sale
41 PARKWAYTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	27 Sep 2006	£120,000	90.48%
	28 Jan 2002	£63,000	-73.97%
	19 Apr 2024	£242,000	First Sale
2 PARKWAYFlat, LeaseholdArea: 52.6 Sq.mtrAge: 1976-1982	27 Jun 2005	£95,500	1.60%
	01 Oct 2004	£94,000	75.70%
	09 Nov 2001	£53,500	98.15%
	17 Oct 1996	£27,000	First Sale
45 PARKWAYSemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1967-1975	01 Dec 2004	£116,500	First Sale
26 PARKWAYSemi-Detached, FreeholdArea: 77.1 Sq.mtrAge: 1976-1982	23 Apr 2004	£123,000	164.52%
	13 Feb 1998	£46,500	First Sale
19 PARKWAYSemi-Detached, Freehold	25 Jul 2003	£97,000	142.50%
19 PARKWAYSemi-Detached, Freehold	08 Dec 1997	£40,000	First Sale
12 PARKWAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	28 Feb 2003	£81,500	171.67%
12 PARKWAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	05 Jan 1999	£30,000	First Sale
39 PARKWAYFlat, LeaseholdArea: 64.3 Sq.mtrAge: 1967-1975	23 Aug 2002	£82,950	22.89%
39 PARKWAYFlat, LeaseholdArea: 64.3 Sq.mtrAge: 1967-1975	27 Apr 2001	£67,500	First Sale
25 PARKWAYTerraced, Freehold	21 Jun 2002	£86,500	116.25%
25 PARKWAYTerraced, Freehold	31 Oct 1996	£40,000	First Sale
29 PARKWAYTerraced, Freehold	07 Dec 2001	£78,995	58.01%
29 PARKWAYTerraced, Freehold	11 May 1995	£49,995	First Sale
5 PARKWAYTerraced, Freehold	14 Apr 2000	£64,995	First Sale
9 PARKWAYTerraced, Freehold	22 Sep 1998	£52,000	First Sale

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

PARKWAY, LU5 5PT Near By properties

Interactive Map

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

Terraced
- The average price is around £119,370 median price is £115,000 Standard Deviation is £67,671 with Total Sold: 1,444
- The Last 5 Year average price is £240,411 with Total Sold: 180
- 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 , 59 CHELSEA GARDENS: £22,000 (Sold on 03 Feb 1995)
Other
- The average price is around £336,340 median price is £243,000 Standard Deviation is £332,613 with Total Sold: 10
- The Last 5 Year average price is £309,822 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 , 1 - 2 NEPTUNE SQUARE: £575,000 (Sold on 12 May 2014)
Semi-Detached
- The average price is around £124,874 median price is £117,000 Standard Deviation is £73,479 with Total Sold: 512
- The Last 5 Year average price is £260,106 with Total Sold: 55
- The most recent sale happened at this postcode is , 166 TRIDENT DRIVE: £292,000 (Sold on 22 Apr 2024)
- The first recorded sale happened at this postcode is , 4 BRIDGEMAN DRIVE: £51,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £69,350 median price is £65,500 Standard Deviation is £37,018 with Total Sold: 309
- The Last 5 Year average price is £122,111 with Total Sold: 28
- The most recent sale happened at this postcode is , 22 CUMBRIA CLOSE: £65,000 (Sold on 16 Nov 2023)
- The first recorded sale happened at this postcode is , 28 CONWAY CLOSE: £13,000 (Sold on 17 Mar 1995)
Detached
- The average price is around £150,474 median price is £137,248 Standard Deviation is £75,846 with Total Sold: 50
- The Last 5 Year average price is £260,600 with Total Sold: 5
- The most recent sale happened at this postcode is , 39 CUMBRIA CLOSE: £272,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is , 19 CUMBRIA CLOSE: £39,500 (Sold on 11 Aug 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,562	£2,430	8
2023	£261,238	£3,801	21
2022	£265,781	£3,884	48
2021	£232,662	£3,330	40
2020	£220,587	£3,033	23
2019	£216,950	£3,133	40
2018	£216,833	£3,392	39
2017	£209,467	£3,223	30
2016	£187,573	£2,942	52
2015	£160,122	£2,470	45
2014	£141,369	£2,137	48
2013	£122,419	£1,795	37
2012	£118,174	£1,837	20
2011	£120,924	£1,715	19
2010	£124,104	£1,952	24
2009	£127,794	£1,730	17
2008	£136,999	£2,129	25
2007	£134,360	£2,085	73
2006	£124,172	£2,017	70
2005	£123,674	£1,830	58
2004	£116,484	£1,763	68
2003	£106,784	£1,604	80
2002	£83,372	£1,341	77
2001	£67,199	£1,054	99
2000	£60,088	£962	65
1999	£49,131	£752	79
1998	£44,984	£705	73
1997	£41,738	£647	76
1996	£37,602	£607	49
1995	£37,784	£569	41

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£133,000		2
2023	£695,100	£2,900	2
2022	£300,000		1
2021	£208,050	£164	4
2014	£575,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,150		5
2023	£312,000	£4,278	5
2022	£271,107	£4,108	14
2021	£255,208	£3,372	12
2020	£234,500	£3,400	11
2019	£237,200	£2,764	8
2018	£242,824	£3,631	17
2017	£225,250	£3,038	20
2016	£204,786	£3,000	14
2015	£177,333	£2,325	3
2014	£158,417	£2,065	6
2013	£133,722	£1,703	9
2012	£135,874	£1,917	4
2011	£127,167	£1,898	3
2010	£124,600	£1,772	5
2009	£134,490	£1,972	10
2008	£148,625	£1,962	8
2007	£150,977	£2,155	22
2006	£137,959	£1,988	31
2005	£131,937	£1,899	24
2004	£125,148	£1,785	27
2003	£111,624	£1,613	28
2002	£100,133	£1,426	36
2001	£76,279	£1,106	25
2000	£68,137	£936	29
1999	£56,891	£837	27
1998	£50,241	£720	35
1997	£46,132	£686	38
1996	£40,972	£574	22
1995	£46,863	£650	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£108,857	£3,043	7
2022	£138,000	£3,583	2
2021	£145,444	£3,344	9
2020	£121,000	£3,011	3
2019	£101,300	£2,183	7
2018	£130,333	£3,447	3
2017	£109,750	£2,804	10
2016	£98,535	£2,784	14
2015	£93,090	£2,068	10
2014	£77,356	£1,888	7
2013	£66,375	£1,808	4
2012	£71,500	£1,700	2
2011	£62,250	£1,932	2
2010	£89,000		1
2009	£69,950	£1,680	5
2008	£91,833	£2,264	3
2007	£119,932	£2,195	11
2006	£87,774	£2,176	18
2005	£85,300	£1,982	15
2004	£80,102	£2,046	17
2003	£77,982	£1,837	17
2002	£57,835	£1,343	25
2001	£46,411	£1,105	34
2000	£38,776	£874	19
1999	£31,410	£712	14
1998	£30,065	£618	19
1997	£29,462	£580	12
1996	£22,045	£508	11
1995	£23,594	£553	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£272,000	£4,610	1
2020	£267,500	£3,768	2
2019	£248,000	£3,861	2
2018	£295,667	£3,984	3
2017	£265,000	£3,955	1
2016	£250,000	£2,822	1
2015	£240,000	£2,000	1
2014	£200,000	£2,148	2
2013	£137,998	£2,419	2
2011	£145,500	£2,333	2
2010	£124,500	£2,280	2
2009	£139,500	£2,250	1
2008	£157,498	£2,051	2
2007	£143,078	£1,831	1
2006	£225,000	£2,557	1
2005	£149,500	£2,048	2
2004	£120,000		1
2003	£154,998	£1,895	2
2002	£101,989	£1,227	5
2001	£108,198	£1,418	5
1999	£80,999	£794	4
1998	£44,500	£976	1
1997	£74,498	£653	2
1996	£60,600	£833	2
1995	£60,750	£598	2

House Type in LU5 5PT area

The most common house types in the LU5 5PT postcode area are Terraced (51), Semi-detached (35), and Flat (16).

Total	113
Terraced	51
Semi-detached	35
Flat	16
Detached	7
Shared house	2
commercial building	1
temporary structure	1
converted building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	35
Private rented: Private landlord or letting agency	20
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	3
Social rented: Other social rented	1
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 5PT have 2 people in household (39), and 3 people in household (23).

2 people in household	39
3 people in household	23
1 person in household	21
4 people in household	17
5 people in household	10
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0