Housing Market Analysis for ELM PARK CLOSE, LU5 5PW

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

Overview of Sold House prices

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

Terraced
- The average price is around £122,405 median price is £125,000 Standard Deviation is £64,840 with Total Sold: 50
- The Last 5 Year average price is £247,500 with Total Sold: 4
- The most recent sale happened at this postcode is 114 ELM PARK CLOSE: £255,000 (Sold on 04 Oct 2023)
- The first recorded sale happened at this postcode is 126 ELM PARK CLOSE: £37,500 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £132,496 median price is £117,500 Standard Deviation is £75,724 with Total Sold: 14
- The Last 5 Year average price is £252,667 with Total Sold: 3
- The most recent sale happened at this postcode is 81 ELM PARK CLOSE: £275,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is 91 ELM PARK CLOSE: £38,000 (Sold on 28 Apr 1995)
Flat
- The average price is around £154,500 median price is £154,500 Standard Deviation is £110,500 with Total Sold: 2
- The Last 5 Year average price is £265,000 with Total Sold: 1
- 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 119 ELM PARK CLOSE: £44,000 (Sold on 24 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5PW 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	£255,000	£2,965	1
2021	£257,500	£3,118	2
2020	£220,000	£2,500	1
2018	£220,000	£2,444	1
2017	£224,998	£2,613	3
2016	£203,000	£2,360	1
2015	£210,000	£2,386	1
2014	£147,498	£1,606	3
2013	£125,000	£1,289	1
2011	£140,000	£1,004	1
2009	£125,000	£1,250	2
2008	£160,000	£1,616	1
2007	£130,000	£1,444	1
2006	£134,500	£1,548	4
2005	£125,125	£1,422	4
2004	£111,998	£1,207	2
2003	£114,995	£1,307	1
2002	£81,000	£1,010	4
2001	£74,248	£803	4
2000	£63,198	£676	4
1999	£47,498		2
1998	£42,000	£477	1
1997	£37,500		2
1996	£36,000	£444	1
1995	£37,750	£422	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£275,000	£3,056	1
2021	£255,000	£3,000	1
2019	£228,000	£2,682	1
2018	£185,000	£2,176	1
2007	£149,995	£1,765	1
2006	£150,000	£1,546	1
2004	£114,000	£1,306	3
2001	£70,000	£814	1
1999	£57,500	£593	1
1998	£54,950	£566	1
1997	£49,500	£550	1
1995	£38,000	£392	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,000		1
1997	£44,000	£518	1

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

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

Address	Sold Date	Price	% Change
114 ELM PARK CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	04 Oct 2023	£255,000	97.67%
	19 Aug 2005	£129,000	30.30%
	18 Oct 2004	£99,000	First Sale
81 ELM PARK CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-1975	18 Aug 2023	£275,000	129.17%
	26 May 2004	£120,000	4.35%
	27 Feb 2004	£115,000	132.32%
	13 Oct 1997	£49,500	First Sale
83 ELM PARK CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1976-1982	21 Dec 2021	£260,000	96.97%
	20 Sep 2006	£132,000	First Sale
74 ELM PARK CLOSETerraced, FreeholdArea: 86.61 Sq.mtrAge: 1967-1975	19 Nov 2021	£255,000	90.30%
	25 May 2006	£134,000	116.13%
	07 Aug 2000	£62,000	First Sale
77 ELM PARK CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	24 Sep 2021	£255,000	11.84%
	29 Mar 2019	£228,000	23.24%
	07 Jun 2018	£185,000	23.34%
	19 Oct 2007	£149,995	First Sale
94 ELM PARK CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	18 Sep 2020	£220,000	First Sale
87 ELM PARK CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	22 Jun 2018	£220,000	120.00%
	28 Aug 2002	£100,000	38.89%
	21 Aug 2001	£72,000	89.47%
	01 Dec 1995	£38,000	First Sale
90 ELM PARK CLOSETerraced, FreeholdArea: 99 Sq.mtrAge: 1967-1975	31 Oct 2017	£250,000	56.25%
	26 Sep 2008	£160,000	First Sale
108 ELM PARK CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1976-1982	10 Mar 2017	£215,000	2.38%
	27 Jan 2017	£209,995	First Sale
76 ELM PARK CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	15 Jan 2016	£203,000	First Sale
70 ELM PARK CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	23 Nov 2015	£210,000	82.62%
	28 Oct 2003	£114,995	43.74%
	18 Jun 2002	£80,000	25.01%
	18 Aug 2000	£63,995	52.37%
	09 Apr 1998	£42,000	First Sale
86 ELM PARK CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	24 Oct 2014	£140,500	100.71%
	02 Nov 2001	£70,000	First Sale
93 ELM PARK CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-1975	08 Aug 2014	£164,995	First Sale
115 ELM PARK CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	14 Feb 2014	£137,000	-0.72%
	28 Jul 2006	£138,000	First Sale
91 ELM PARK CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1967-1975	29 Nov 2013	£125,000	-16.67%
	01 Dec 2006	£150,000	160.87%
	12 Jul 1999	£57,500	4.64%
	23 Jan 1998	£54,950	44.61%
	28 Apr 1995	£38,000	First Sale
101 ELM PARK CLOSETerraced, FreeholdArea: 139.4 Sq.mtrAge: 1967-1975	14 Feb 2011	£140,000	First Sale
79 ELM PARK CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	03 Apr 2009	£125,000	0.0
	03 Apr 2009	£125,000	First Sale
89 ELM PARK CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	20 Mar 2007	£130,000	First Sale
130 ELM PARK CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1983-1990	01 Dec 2006	£134,000	First Sale
132 ELM PARK CLOSETerraced, Freehold	23 Sep 2005	£127,500	First Sale
92 ELM PARK CLOSETerraced, Freehold	22 Sep 2005	£127,000	18.69%
92 ELM PARK CLOSETerraced, Freehold	09 Jan 2004	£107,000	First Sale
78 ELM PARK CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	22 Mar 2005	£117,000	First Sale
103 ELM PARK CLOSETerraced, FreeholdArea: 99 Sq.mtrAge: 1967-1975	27 Aug 2004	£124,995	115.53%
	31 Mar 2000	£57,995	First Sale
117 ELM PARK CLOSETerraced, Freehold	17 May 2002	£65,000	First Sale
126 ELM PARK CLOSETerraced, Freehold	01 Mar 2002	£79,000	43.65%
	22 Oct 1999	£54,995	57.13%
	18 Apr 1997	£35,000	-6.67%
	17 Feb 1995	£37,500	First Sale
113 ELM PARK CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	26 Oct 2001	£74,995	First Sale
127 ELM PARK CLOSETerraced, Freehold	16 Aug 2001	£73,000	First Sale
120 ELM PARK CLOSETerraced, Freehold	12 Apr 2001	£76,995	First Sale
72 ELM PARK CLOSETerraced, Freehold	31 May 2000	£68,800	First Sale
119 ELM PARK CLOSEFlat, Freehold	20 Mar 2024	£265,000	502.27%
119 ELM PARK CLOSEFlat, Freehold	24 Oct 1997	£44,000	First Sale
105 ELM PARK CLOSETerraced, Freehold	06 Apr 1999	£40,000	First Sale
99 ELM PARK CLOSETerraced, Freehold	26 Sep 1997	£40,000	First Sale
116 ELM PARK CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	28 Mar 1996	£36,000	First Sale

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

ELM PARK CLOSE, LU5 5PW Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £127,482 median price is £120,000 Standard Deviation is £73,456 with Total Sold: 643
- The Last 5 Year average price is £268,250 with Total Sold: 66
- 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 £128,985 median price is £124,000 Standard Deviation is £70,650 with Total Sold: 1,902
- The Last 5 Year average price is £245,313 with Total Sold: 268
- 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 £399,871 median price is £277,500 Standard Deviation is £339,369 with Total Sold: 14
- The Last 5 Year average price is £386,400 with Total Sold: 13
- 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)
Flat
- The average price is around £75,956 median price is £71,500 Standard Deviation is £46,318 with Total Sold: 151
- The Last 5 Year average price is £149,125 with Total Sold: 16
- 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)
Detached
- The average price is around £154,322 median price is £143,498 Standard Deviation is £89,769 with Total Sold: 48
- The Last 5 Year average price is £325,000 with Total Sold: 3
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,429	£2,833	7
2023	£298,333	£3,895	6
2022	£304,333	£3,771	9
2021	£278,969	£3,308	16
2020	£243,154	£3,015	13
2019	£237,799	£2,842	15
2018	£232,118	£3,188	17
2017	£218,235	£3,014	17
2016	£225,750	£2,954	20
2015	£191,250	£2,854	6
2014	£169,333	£2,187	9
2013	£140,550	£1,843	10
2012	£145,000	£1,795	11
2011	£131,750	£1,721	10
2010	£133,636	£1,622	11
2009	£133,723	£1,832	13
2008	£153,385	£1,838	13
2007	£149,552	£2,009	35
2006	£141,358	£1,717	32
2005	£134,071	£1,864	28
2004	£120,358	£1,668	43
2003	£115,527	£1,539	37
2002	£99,210	£1,206	42
2001	£78,065	£985	35
2000	£65,928	£849	39
1999	£57,301	£795	30
1998	£53,030	£592	36
1997	£51,061	£627	34
1996	£42,731	£581	27
1995	£43,341	£520	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,643	£2,430	14
2023	£263,257	£3,646	35
2022	£271,983	£3,650	67
2021	£235,560	£3,313	67
2020	£223,578	£2,847	32
2019	£216,132	£2,904	53
2018	£222,308	£3,021	52
2017	£213,990	£2,848	59
2016	£200,991	£2,738	77
2015	£165,685	£2,158	77
2014	£141,433	£1,919	62
2013	£127,888	£1,692	51
2012	£127,177	£1,663	38
2011	£118,231	£1,523	37
2010	£127,736	£1,815	28
2009	£124,187	£1,503	24
2008	£141,417	£1,909	33
2007	£140,531	£1,861	81
2006	£128,535	£1,828	87
2005	£122,955	£1,655	86
2004	£119,079	£1,603	86
2003	£105,643	£1,498	107
2002	£88,090	£1,231	92
2001	£69,451	£1,008	124
2000	£60,726	£853	78
1999	£50,492	£657	100
1998	£44,177	£651	71
1997	£41,199	£600	82
1996	£37,160	£548	53
1995	£36,206	£556	49

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£133,000		2
2023	£843,400	£2,900	3
2022	£282,500	£3,312	2
2021	£277,000	£3,027	6
2014	£575,000		1

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	£180,250	£3,747	4
2020	£132,000	£3,210	2
2019	£115,750	£2,456	4
2018	£171,000	£4,385	1
2017	£135,000	£3,044	2
2016	£117,000	£2,676	6
2015	£95,819	£2,286	5
2014	£88,000	£2,045	3
2013	£80,000	£1,932	4
2010	£92,500	£2,150	2
2009	£72,000	£1,669	3
2008	£90,600	£1,942	5
2007	£119,842	£2,236	8
2006	£98,286	£2,167	7
2005	£102,625	£2,298	4
2004	£82,475	£1,979	4
2003	£89,364	£1,601	11
2002	£57,311	£1,360	8
2001	£47,145	£1,115	13
2000	£44,694	£888	9
1999	£33,038	£782	7
1998	£33,981	£548	11
1997	£27,084	£581	11
1996	£30,750	£561	2
1995	£23,883	£584	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£415,000	£6,288	1
2019	£280,000	£2,857	2
2018	£312,000	£3,545	1
2017	£171,000	£4,275	1
2016	£362,000	£3,042	1
2015	£240,000	£2,818	2
2014	£213,332	£1,861	3
2013	£212,500	£2,756	2
2012	£194,500	£2,162	2
2011	£160,000	£1,667	2
2010	£210,000	£2,051	1
2006	£228,750	£2,255	2
2005	£173,750	£1,458	2
2004	£120,000		1
2003	£159,950		1
2002	£78,000		1
2001	£125,498	£1,441	4
2000	£90,000		1
1999	£67,365	£618	3
1998	£80,325	£786	6
1997	£100,248		4
1996	£47,000	£709	2
1995	£63,167	£651	3

House Type in LU5 5PW area

The most common house types in the LU5 5PW 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 5PW 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