Housing Market Analysis for GILLAN WAY, LU5 5RD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £189,500 median price is £181,000 Standard Deviation is £91,683 with Total Sold: 8
    • The Last 5 Year average price is £289,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 14 GILLAN WAY: £350,000 (Sold on 02 Sep 2022)
    • The first recorded sale happened at this postcode is 6 GILLAN WAY: £49,000 (Sold on 01 Aug 1996)
  • Semi-Detached
    • The average price is around £49,500 median price is £49,500 Standard Deviation is £2,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 GILLAN WAY: £52,000 (Sold on 04 Dec 1998)
    • The first recorded sale happened at this postcode is 12 GILLAN WAY: £47,000 (Sold on 14 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5RD 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
2022£310,000 £3,340 2
2019£247,000 £3,377 1
2016£205,000 £2,808 1
2013£157,000 £1,554 1
2009£138,000 £1,570 1
2003£100,000 £1,235 1
1996£49,000 £557 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£52,000 £712 1
1997£47,0001

All the Sales in the GILLAN WAY, LU5 5RD

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

AddressSold DatePrice% Change
14 GILLAN WAYTerraced, FreeholdArea: 101 Sq.mtrAge: 1976-198202 Sep 2022£350,000122.93%
15 Nov 2013£157,000First Sale
20 GILLAN WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197525 Feb 2022£270,000First Sale
22 GILLAN WAYTerraced, FreeholdArea: 73.14 Sq.mtrAge: 1967-197523 Aug 2019£247,000First Sale
2 GILLAN WAYTerraced, FreeholdArea: 73 Sq.mtrAge: 1967-197505 Aug 2016£205,000294.23%
04 Dec 1998£52,000First Sale
6 GILLAN WAYTerraced, FreeholdArea: 87.9 Sq.mtrAge: 1967-197516 Oct 2009£138,000181.63%
01 Aug 1996£49,000First Sale
18 GILLAN WAYTerraced, FreeholdArea: 81 Sq.mtrAge: 1967-197506 May 2003£100,000First Sale
12 GILLAN WAYSemi-Detached, Leasehold14 Nov 1997£47,000First Sale

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

GILLAN WAY, LU5 5RD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £121,650 median price is £117,500 Standard Deviation is £68,826 with Total Sold: 1,663
    • The Last 5 Year average price is £241,768 with Total Sold: 207
    • 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 , 22 LOWRY DRIVE: £37,000 (Sold on 06 Jan 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 £124,140 median price is £117,000 Standard Deviation is £72,798 with Total Sold: 597
    • The Last 5 Year average price is £261,135 with Total Sold: 58
    • 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 KEATON CLOSE: £50,500 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £80,616 median price is £76,500 Standard Deviation is £44,858 with Total Sold: 389
    • The Last 5 Year average price is £136,949 with Total Sold: 42
    • The most recent sale happened at this postcode is , 15 LOWRY DRIVE: £125,000 (Sold on 15 Dec 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 £182,124 median price is £168,248 Standard Deviation is £93,510 with Total Sold: 94
    • The Last 5 Year average price is £310,933 with Total Sold: 15
    • The most recent sale happened at this postcode is , 20 THRESHER CLOSE: £310,000 (Sold on 01 May 2023)
    • 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£248,250 £2,430 10
2023£260,933 £3,768 30
2022£268,647 £4,021 51
2021£236,337 £3,373 46
2020£214,935 £3,014 23
2019£217,436 £3,241 47
2018£218,957 £3,365 47
2017£207,523 £3,120 43
2016£188,235 £2,937 65
2015£163,909 £2,444 56
2014£141,573 £2,166 58
2013£126,250 £1,898 44
2012£129,946 £1,854 28
2011£125,080 £1,661 27
2010£128,185 £2,022 27
2009£126,562 £1,810 16
2008£136,333 £2,167 27
2007£135,223 £2,126 82
2006£124,901 £2,074 80
2005£124,087 £1,858 64
2004£116,005 £1,787 72
2003£106,530 £1,666 89
2002£84,385 £1,378 86
2001£67,073 £1,099 116
2000£59,996 £974 73
1999£49,212 £761 86
1998£45,360 £730 83
1997£41,661 £646 84
1996£37,875 £619 52
1995£38,070 £594 51
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,0002
2023£695,100 £2,900 2
2022£300,0001
2021£208,050 £164 4
2014£575,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£282,1505
2023£313,000 £4,270 6
2022£269,679 £4,118 14
2021£255,208 £3,372 12
2020£236,115 £3,480 13
2019£243,700 £2,794 8
2018£236,444 £3,497 18
2017£228,696 £3,072 23
2016£208,375 £2,986 16
2015£178,667 £2,485 6
2014£170,062 £2,121 8
2013£131,350 £1,703 10
2012£153,689 £1,860 5
2011£139,375 £1,706 8
2010£130,875 £1,923 8
2009£132,718 £1,918 11
2008£156,227 £1,962 11
2007£151,103 £2,195 24
2006£137,521 £2,038 35
2005£132,333 £1,935 27
2004£127,967 £1,830 31
2003£111,699 £1,631 35
2002£100,547 £1,424 38
2001£77,804 £1,102 31
2000£66,705 £933 36
1999£56,227 £841 32
1998£51,999 £733 38
1997£46,417 £688 42
1996£41,916 £591 25
1995£45,954 £661 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,778 £3,075 9
2022£155,250 £3,582 6
2021£157,231 £3,210 13
2020£102,312 £2,411 4
2019£128,010 £2,331 10
2018£144,655 £2,720 10
2017£122,885 £2,826 13
2016£108,131 £2,678 19
2015£103,805 £2,235 16
2014£91,499 £1,883 9
2013£86,136 £1,849 7
2012£120,160 £1,761 25
2011£94,280 £1,932 5
2010£89,0001
2009£69,950 £1,680 5
2008£91,833 £2,264 3
2007£118,188 £2,226 12
2006£88,102 £2,176 19
2005£87,938 £2,003 16
2004£80,102 £2,046 17
2003£77,872 £1,847 18
2002£58,199 £1,368 27
2001£46,582 £1,116 36
2000£38,928 £893 21
1999£31,783 £724 15
1998£30,065 £618 19
1997£29,081 £583 13
1996£22,045 £508 11
1995£23,545 £564 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£310,0001
2021£320,400 £3,731 5
2020£322,600 £3,369 5
2019£284,750 £3,292 4
2018£301,750 £3,751 4
2017£350,000 £3,718 2
2016£280,000 £2,551 2
2015£256,000 £2,402 2
2014£200,000 £2,148 2
2013£173,665 £2,602 3
2012£229,000 £1,675 2
2011£175,999 £1,855 7
2010£182,199 £2,148 5
2009£139,500 £2,250 1
2008£157,498 £2,051 2
2007£204,512 £1,831 6
2006£225,000 £2,557 1
2005£174,667 £1,877 3
2004£120,0001
2003£154,998 £1,895 2
2002£112,741 £1,974 6
2001£112,856 £1,418 7
1999£92,562 £823 8
1998£77,500 £945 3
1997£83,749 £653 4
1996£49,550 £709 4
1995£60,750 £598 2

House Type in LU5 5RD area

The most common house types in the LU5 5RD postcode area are Terraced (81), Semi-detached (30), and Flat (12).

Total134
Terraced81
Semi-detached30
Flat12
Detached6
converted building2
commercial building2
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (60), and Private rented: Private landlord or letting agency (39).

Owned: Owns with a mortgage or loan60
Private rented: Private landlord or letting agency39
Owned: Owns outright29
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LU5 5RD have 2 people in household (40), and 1 person in household (38).

2 people in household40
1 person in household38
3 people in household28
4 people in household21
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0