Housing Market Analysis for ELM GROVE, LU5 6BJ

Are you looking to understand LU5 6BJ 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 6BJ area, explore the LU5 6BJ Area information page.
For comprehensive crime statistics in the LU5 6BJ area, explore the LU5 6BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU5 6BJ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £370,832 median price is £249,995 Standard Deviation is £218,465 with Total Sold: 3
- The Last 5 Year average price is £677,500 with Total Sold: 1
- The most recent sale happened at this postcode is 23 ELM GROVE: £677,500 (Sold on 30 Nov 2022)
- The first recorded sale happened at this postcode is 23 ELM GROVE: £185,000 (Sold on 10 Jun 1999)
Detached
- The average price is around £300,153 median price is £311,000 Standard Deviation is £100,636 with Total Sold: 18
- The most recent sale happened at this postcode is 9 ELM GROVE: £470,000 (Sold on 20 Sep 2016)
- The first recorded sale happened at this postcode is 15 ELM GROVE: £120,000 (Sold on 24 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 6BJ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£677,500	£4,487	1
2002	£249,995	£1,656	1
1999	£185,000	£1,225	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£470,000	£4,255	1
2014	£435,000	£3,118	1
2010	£351,000	£2,308	2
2006	£368,500		1
2005	£365,000	£2,545	2
2004	£395,000		2
2002	£227,000		1
2001	£290,000	£1,935	2
2000	£218,500	£1,137	2
1999	£175,000	£1,346	1
1998	£184,125		2
1996	£120,000	£923	1

All the Sales in the ELM GROVE, LU5 6BJ

See the table below for more details on the sold house prices in the LU5 6BJ, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
23 ELM GROVESemi-Detached, FreeholdArea: 151 Sq.mtrAge: 1967-1975	30 Nov 2022	£677,500	171.01%
	08 May 2002	£249,995	35.13%
	10 Jun 1999	£185,000	First Sale
9 ELM GROVEDetached, FreeholdArea: 110.456 Sq.mtrAge: 1967-1975	20 Sep 2016	£470,000	First Sale
10 ELM GROVEDetached, FreeholdArea: 139.51 Sq.mtrAge: 1976-1982	02 Jun 2014	£435,000	22.54%
	15 Jun 2005	£355,000	31.48%
	18 Dec 2001	£270,000	First Sale
17 ELM GROVEDetached, FreeholdArea: 175.96 Sq.mtrAge: 1976-1982	20 Sep 2010	£390,000	95.00%
	04 Aug 2000	£200,000	First Sale
15 ELM GROVEDetached, FreeholdArea: 130 Sq.mtrAge: 1976-1982	31 Mar 2010	£312,000	78.29%
	27 May 1999	£175,000	45.83%
	24 May 1996	£120,000	First Sale
4 ELM GROVEDetached, Freehold	15 Feb 2006	£368,500	-4.29%
	06 Jan 2004	£385,000	24.19%
	23 Nov 2001	£310,000	30.80%
	25 May 2000	£237,000	First Sale
8 ELM GROVEDetached, Freehold	09 Aug 2005	£375,000	94.30%
8 ELM GROVEDetached, Freehold	18 Dec 1998	£193,000	First Sale
6 ELM GROVEDetached, Freehold	03 Sep 2004	£405,000	131.10%
6 ELM GROVEDetached, Freehold	30 Oct 1998	£175,250	First Sale
7 ELM GROVEDetached, Freehold	08 Jul 2002	£227,000	First Sale

Check out the sold house prices near the LU5 6BJ postcode. Properties currently for saleProperties currently for rent

ELM GROVE, LU5 6BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU5 6BJ 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 6BJ postcode.

Terraced
- The average price is around £164,117 median price is £153,250 Standard Deviation is £94,087 with Total Sold: 516
- The Last 5 Year average price is £295,146 with Total Sold: 70
- The most recent sale happened at this postcode is , 17 LEIGHTON ROAD: £270,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 51 BRYANT WAY: £45,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £208,373 median price is £193,150 Standard Deviation is £109,117 with Total Sold: 484
- The Last 5 Year average price is £364,325 with Total Sold: 83
- The most recent sale happened at this postcode is , 5 WENTWORTH CLOSE: £527,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 8 LUTON ROAD: £50,500 (Sold on 01 Feb 1995)
Detached
- The average price is around £312,909 median price is £280,000 Standard Deviation is £191,725 with Total Sold: 506
- The Last 5 Year average price is £596,862 with Total Sold: 58
- The most recent sale happened at this postcode is , 9 PARK ROAD: £387,500 (Sold on 05 Apr 2024)
- The first recorded sale happened at this postcode is , 49 CHAPEL CLOSE: £65,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £136,241 median price is £138,748 Standard Deviation is £54,812 with Total Sold: 80
- The Last 5 Year average price is £163,500 with Total Sold: 11
- The most recent sale happened at this postcode is 1, TANNERS COURT STATION ROAD: £145,000 (Sold on 06 Dec 2023)
- The first recorded sale happened at this postcode is , 7 SQUIRES PLACE: £19,500 (Sold on 12 May 1995)
Other
- The average price is around £361,519 median price is £345,000 Standard Deviation is £127,307 with Total Sold: 13
- The Last 5 Year average price is £377,167 with Total Sold: 6
- The most recent sale happened at this postcode is , 8 MARKET SQUARE: £345,000 (Sold on 01 Jul 2022)
- The first recorded sale happened at this postcode is , 22 MARKET SQUARE: £248,000 (Sold on 19 Aug 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,000	£3,102	5
2023	£292,125	£4,721	10
2022	£311,714	£4,338	14
2021	£324,916	£4,107	18
2020	£275,567	£3,556	15
2019	£254,125	£3,960	8
2018	£264,750	£3,599	13
2017	£259,880	£4,220	13
2016	£231,548	£3,660	10
2015	£226,029	£3,171	17
2014	£184,684	£2,781	19
2013	£187,666	£2,584	24
2012	£194,545	£2,432	11
2011	£226,250	£2,752	12
2010	£175,250	£2,841	10
2009	£168,222	£2,543	9
2008	£181,591	£2,728	11
2007	£181,136	£2,871	22
2006	£171,075	£2,505	28
2005	£147,400	£2,531	15
2004	£174,114	£2,558	14
2003	£173,390	£2,132	25
2002	£122,850	£1,915	31
2001	£91,118	£1,543	25
2000	£85,920	£1,446	22
1999	£70,499	£1,287	19
1998	£68,543	£1,058	23
1997	£65,237	£919	25
1996	£55,657	£932	27
1995	£53,781	£828	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£387,429	£3,966	7
2023	£388,167	£4,215	9
2022	£392,475	£4,456	20
2021	£327,975	£4,389	20
2020	£327,714	£3,813	14
2019	£387,423	£3,765	13
2018	£330,429	£3,884	7
2017	£325,406	£4,189	16
2016	£291,510	£3,564	17
2015	£293,500	£3,239	11
2014	£245,149	£3,302	10
2013	£224,082	£2,913	12
2012	£220,107	£3,103	14
2011	£233,000	£2,448	9
2010	£201,389	£2,607	9
2009	£206,125	£2,212	4
2008	£203,600	£2,330	12
2007	£226,894	£2,499	19
2006	£219,059	£2,612	17
2005	£198,818	£2,504	22
2004	£186,690	£2,374	26
2003	£163,355	£2,189	19
2002	£159,401	£1,809	31
2001	£126,740	£1,470	33
2000	£122,465	£1,364	15
1999	£102,884	£1,182	26
1998	£83,678	£1,096	18
1997	£76,292	£967	25
1996	£79,097	£856	16
1995	£63,800	£751	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£387,500	£3,588	1
2023	£717,500	£4,089	8
2022	£677,812	£4,265	8
2021	£568,295	£4,603	22
2020	£543,002	£3,839	11
2019	£574,062	£3,699	8
2018	£449,444	£3,990	9
2017	£504,983	£4,253	9
2016	£459,911	£3,761	23
2015	£352,955	£3,339	11
2014	£428,350	£3,080	20
2013	£337,932	£2,506	15
2012	£387,692	£2,817	13
2011	£371,833	£2,434	9
2010	£357,050	£2,793	15
2009	£306,950	£2,948	10
2008	£288,519	£2,535	13
2007	£465,000	£2,349	6
2006	£324,033	£2,256	15
2005	£322,775	£2,061	20
2004	£305,551	£2,457	29
2003	£319,750	£2,195	20
2002	£253,654	£1,850	32
2001	£225,756	£1,640	31
2000	£187,901	£1,453	26
1999	£173,333	£1,192	21
1998	£145,811	£1,032	32
1997	£151,791	£891	18
1996	£124,634	£902	26
1995	£112,950	£756	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£170,600	£3,074	5
2022	£203,000	£3,383	1
2021	£172,250	£3,206	2
2020	£127,000	£2,268	1
2019	£135,500	£3,269	2
2018	£233,500	£3,062	2
2017	£132,500	£3,155	1
2016	£201,500	£10,975	3
2015	£185,940	£2,927	11
2014	£153,786	£2,546	7
2013	£142,000	£2,272	1
2012	£175,000	£2,966	1
2011	£136,499	£5,307	5
2010	£153,000	£2,319	2
2009	£130,809	£2,091	4
2008	£75,000	£1,364	1
2007	£155,000	£2,480	1
2006	£150,000	£2,903	4
2005	£169,750	£2,773	2
2004	£134,998	£2,462	2
2003	£87,833	£2,209	3
2002	£88,332	£1,858	3
2001	£78,165	£1,492	3
2000	£63,500	£1,289	2
1999	£84,725	£1,194	2
1998	£50,938	£1,014	4
1997	£55,999	£946	4
1995	£19,500	£542	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£349,333	£3,606	3
2021	£495,000	£2,694	2
2020	£225,000		1
2018	£317,750	£2,232	5
2017	£600,000	£6,818	1
2014	£248,000		1

House Type in LU5 6BJ area

The most common house types in the LU5 6BJ postcode area are Detached (111), Semi-detached (5), and temporary structure (1).

Total	117
Detached	111
Semi-detached	5
temporary structure	1
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 6BJ have 2 people in household (52), and 1 person in household (23).

2 people in household	52
1 person in household	23
3 people in household	20
4 people in household	14
5 people in household	8
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0