Housing Market Analysis for LU5 5PY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average LU5 5PY 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.

    All the Sales in the LU5 5PY

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

    AddressSold DatePrice% Change

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

    LU5 5PY Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £129,518 median price is £123,750 Standard Deviation is £71,673 with Total Sold: 1,275
      • The Last 5 Year average price is £246,228 with Total Sold: 190
      • 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 , 59 CHELSEA GARDENS: £22,000 (Sold on 03 Feb 1995)
    • Other
      • The average price is around £377,020 median price is £295,000 Standard Deviation is £311,408 with Total Sold: 10
      • The Last 5 Year average price is £355,022 with Total Sold: 9
      • The most recent sale happened at this postcode is , 01-Feb NEPTUNE SQUARE: £70,000 (Sold on 17 May 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 £128,174 median price is £125,000 Standard Deviation is £72,850 with Total Sold: 492
      • The Last 5 Year average price is £262,448 with Total Sold: 53
      • 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 , 13 YEW STREET: £50,000 (Sold on 30 Jan 1995)
    • Flat
      • The average price is around £75,355 median price is £67,250 Standard Deviation is £42,226 with Total Sold: 132
      • The Last 5 Year average price is £133,307 with Total Sold: 15
      • 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)
    • Detached
      • The average price is around £123,999 median price is £90,000 Standard Deviation is £72,289 with Total Sold: 27
      • The Last 5 Year average price is £256,000 with Total Sold: 2
      • 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£260,875 £2,430 8
    2023£267,611 £3,489 27
    2022£269,711 £3,497 49
    2021£240,990 £3,028 47
    2020£220,000 £2,677 21
    2019£218,644 £2,828 38
    2018£222,671 £2,908 38
    2017£216,214 £2,735 37
    2016£202,957 £2,633 44
    2015£168,966 £2,176 46
    2014£143,841 £1,884 41
    2013£125,554 £1,536 27
    2012£127,619 £1,698 23
    2011£119,845 £1,453 19
    2010£123,656 £1,747 16
    2009£124,441 £1,583 17
    2008£144,510 £1,789 23
    2007£137,965 £1,819 59
    2006£128,846 £1,741 55
    2005£125,391 £1,582 58
    2004£118,927 £1,543 62
    2003£104,572 £1,421 81
    2002£87,011 £1,178 63
    2001£68,742 £964 85
    2000£61,824 £822 58
    1999£50,048 £642 66
    1998£44,061 £611 46
    1997£40,933 £574 53
    1996£36,870 £513 37
    1995£37,222 £471 31
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£70,0001
    2023£695,100 £2,900 2
    2022£300,0001
    2021£287,0005
    2014£575,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£283,550 £2,086 5
    2023£291,667 £4,162 3
    2022£298,000 £3,369 9
    2021£261,036 £3,325 14
    2020£245,750 £3,030 12
    2019£233,149 £2,615 10
    2018£238,458 £3,174 12
    2017£218,844 £2,784 16
    2016£222,294 £2,901 17
    2015£188,000 £2,678 6
    2014£157,999 £2,054 6
    2013£138,556 £1,619 9
    2012£129,250 £1,568 6
    2011£130,833 £1,876 6
    2010£138,624 £1,566 8
    2009£134,045 £1,789 11
    2008£151,750 £1,789 10
    2007£152,562 £1,957 24
    2006£141,998 £1,616 25
    2005£133,840 £1,756 25
    2004£126,607 £1,730 32
    2003£117,454 £1,417 22
    2002£102,194 £1,225 30
    2001£73,505 £888 25
    2000£68,965 £857 31
    1999£55,460 £722 25
    1998£51,454 £589 37
    1997£47,046 £627 27
    1996£40,853 £562 17
    1995£44,666 £545 12
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£265,0001
    2023£88,000 £2,538 4
    2022£148,000 £2,741 1
    2021£167,400 £2,644 5
    2019£99,400 £1,653 4
    2018£125,000 £2,302 1
    2017£114,667 £1,856 3
    2016£108,750 £1,756 2
    2015£87,817 £1,698 6
    2014£79,749 £1,444 4
    2013£63,500 £1,114 1
    2011£52,500 £2,100 1
    2010£89,0001
    2009£57,417 £1,041 3
    2008£86,375 £1,774 4
    2007£127,917 £1,873 6
    2006£93,991 £1,517 6
    2005£87,125 £1,799 8
    2004£76,799 £1,872 5
    2003£92,244 £1,387 9
    2002£59,043 £1,000 10
    2001£54,540 £973 12
    2000£44,000 £592 7
    1999£36,666 £612 6
    1998£34,609 £547 9
    1997£29,662 £396 4
    1996£29,000 £477 4
    1995£26,100 £482 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£272,000 £4,610 1
    2019£240,000 £2,857 1
    2018£290,000 £4,394 1
    2016£250,000 £2,822 1
    2014£200,000 £2,222 1
    2012£168,000 £2,021 1
    2011£159,000 £2,695 1
    2010£133,000 £2,015 1
    2005£124,5001
    2004£120,0001
    2003£140,000 £2,373 1
    2002£66,498 £932 2
    2001£87,500 £1,318 2
    2000£90,0001
    1999£57,995 £543 1
    1998£86,375 £698 4
    1997£100,9983
    1995£49,000 £633 3

    House Type in LU5 5PY area

    The most common house types in the LU5 5PY postcode area are Terraced (59), Semi-detached (45), and Detached (12).

    Total118
    Terraced59
    Semi-detached45
    Detached12
    Flat2
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (53), and Owned: Owns outright (42).

    Owned: Owns with a mortgage or loan53
    Owned: Owns outright42
    Private rented: Private landlord or letting agency14
    Social rented: Other social rented4
    Private rented: Other private rented4
    Social rented: Rents from council or Local Authority3
    Shared ownership: Shared ownership1
    Lives rent free1
    Does not apply0

    Number of People in a Household

    The most houses in the LU5 5PY have 2 people in household (34), and 3 people in household (29).

    2 people in household34
    3 people in household29
    1 person in household25
    4 people in household23
    5 people in household6
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0