Housing Market Analysis for PRESTON ROAD, LU5 6EG

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £218,595 median price is £190,000 Standard Deviation is £79,237 with Total Sold: 21
- The Last 5 Year average price is £383,500 with Total Sold: 2
- The most recent sale happened at this postcode is 12 PRESTON ROAD: £400,000 (Sold on 16 Jan 2023)
- The first recorded sale happened at this postcode is 15 PRESTON ROAD: £117,000 (Sold on 27 Jul 2001)
Terraced
- The average price is around £222,667 median price is £202,750 Standard Deviation is £63,671 with Total Sold: 6
- The most recent sale happened at this postcode is 8 PRESTON ROAD: £312,500 (Sold on 19 Jul 2017)
- The first recorded sale happened at this postcode is 3 PRESTON ROAD: £133,000 (Sold on 05 Jul 2002)
Detached
- The average price is around £123,375 median price is £123,375 Standard Deviation is £64,625 with Total Sold: 2
- The most recent sale happened at this postcode is 41 PRESTON ROAD: £188,000 (Sold on 07 Apr 2004)
- The first recorded sale happened at this postcode is 19 PRESTON ROAD: £58,750 (Sold on 01 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 6EG 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
2023	£400,000	£4,598	1
2021	£367,000	£3,219	1
2018	£304,167	£3,525	3
2017	£160,000	£3,404	1
2014	£246,833	£2,453	3
2012	£209,000	£2,787	1
2011	£182,000	£2,090	1
2010	£180,000	£2,143	1
2009	£190,000	£1,160	1
2006	£205,000		1
2005	£185,000	£2,026	1
2003	£167,000	£2,062	1
2002	£160,250	£1,129	2
2001	£123,998	£1,493	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£312,500	£3,189	1
2016	£300,000	£3,333	1
2012	£206,000	£1,674	1
2010	£199,500	£2,217	1
2006	£185,000	£2,056	1
2002	£133,000	£1,081	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£188,000	£1,554	1
1995	£58,750	£660	1

All the Sales in the PRESTON ROAD, LU5 6EG

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

Address	Sold Date	Price	% Change
12 PRESTON ROADSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1976-1982	16 Jan 2023	£400,000	First Sale
20 PRESTON ROADSemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1930-1949	22 Mar 2021	£367,000	First Sale
37 PRESTON ROADSemi-Detached, FreeholdArea: 91.3 Sq.mtrAge: 1950-1966	02 Oct 2018	£315,000	40.00%
	16 May 2014	£225,000	21.62%
	22 Jul 2005	£185,000	First Sale
27 PRESTON ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	31 Jul 2018	£350,000	29.63%
	24 Oct 2014	£270,000	First Sale
39 PRESTON ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	26 Feb 2018	£247,500	48.20%
	26 Sep 2003	£167,000	First Sale
8 PRESTON ROADTerraced, FreeholdArea: 98 Sq.mtrAge: 1950-1966	19 Jul 2017	£312,500	First Sale
39A PRESTON ROADSemi-Detached, FreeholdArea: 47 Sq.mtrAge: 2003-2006	12 Jul 2017	£160,000	First Sale
1 PRESTON ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	09 Dec 2016	£300,000	50.38%
	03 Dec 2010	£199,500	7.84%
	28 Nov 2006	£185,000	First Sale
31 PRESTON ROADSemi-Detached, FreeholdArea: 140 Sq.mtrAge: 1950-1966	17 Oct 2014	£245,500	First Sale
2 PRESTON ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-1966	20 Dec 2012	£209,000	First Sale
3 PRESTON ROADTerraced, FreeholdArea: 123.04 Sq.mtrAge: 1930-1949	20 Jul 2012	£206,000	54.89%
	05 Jul 2002	£133,000	First Sale
21 PRESTON ROADSemi-Detached, FreeholdArea: 87.08 Sq.mtrAge: 1950-1966	03 Jun 2011	£182,000	40.01%
	30 Aug 2001	£129,995	First Sale
24 PRESTON ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	12 Nov 2010	£180,000	First Sale
28 PRESTON ROADSemi-Detached, FreeholdArea: 163.8 Sq.mtrAge: 1950-1966	22 May 2009	£190,000	2.70%
	16 Dec 2002	£185,000	First Sale
7 PRESTON ROADSemi-Detached, Freehold	26 May 2006	£205,000	First Sale
41 PRESTON ROADDetached, FreeholdArea: 121 Sq.mtrAge: 1950-1966	07 Apr 2004	£188,000	First Sale
26 PRESTON ROADSemi-Detached, Freehold	18 Mar 2002	£135,500	First Sale
9 PRESTON ROADSemi-Detached, Freehold	16 Nov 2001	£125,000	First Sale
15 PRESTON ROADSemi-Detached, Freehold	27 Jul 2001	£117,000	First Sale
19 PRESTON ROADDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	01 Dec 1995	£58,750	First Sale

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

PRESTON ROAD, LU5 6EG Near By properties

Interactive Map

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

Terraced
- The average price is around £150,133 median price is £147,000 Standard Deviation is £79,620 with Total Sold: 664
- The Last 5 Year average price is £275,208 with Total Sold: 74
- The most recent sale happened at this postcode is , 7 LAKEFIELD AVENUE: £265,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 51 BRYANT WAY: £45,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £244,678 median price is £226,750 Standard Deviation is £133,051 with Total Sold: 412
- The Last 5 Year average price is £448,874 with Total Sold: 47
- The most recent sale happened at this postcode is , 94 LUTON ROAD: £600,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 16 ROSE WALK: £100,000 (Sold on 04 Jan 1995)
Semi-Detached
- The average price is around £189,716 median price is £182,995 Standard Deviation is £96,655 with Total Sold: 415
- The Last 5 Year average price is £346,774 with Total Sold: 59
- The most recent sale happened at this postcode is , 36 BRADFORD ROAD: £500,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 8 LUTON ROAD: £50,500 (Sold on 01 Feb 1995)
Flat
- The average price is around £102,878 median price is £94,500 Standard Deviation is £53,458 with Total Sold: 111
- The Last 5 Year average price is £142,500 with Total Sold: 9
- The most recent sale happened at this postcode is , 1 SQUIRES PLACE: £120,000 (Sold on 15 Sep 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 £436,861 median price is £400,000 Standard Deviation is £90,098 with Total Sold: 9
- The Last 5 Year average price is £452,000 with Total Sold: 4
- The most recent sale happened at this postcode is , 50 LUTON ROAD: £393,000 (Sold on 23 Mar 2022)
- The first recorded sale happened at this postcode is , 7 JOHN HOBBS CLOSE: £600,000 (Sold on 31 Mar 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000		4
2023	£278,688	£4,858	8
2022	£313,321	£4,492	14
2021	£274,636	£3,822	22
2020	£266,022	£3,593	17
2019	£240,556	£3,983	9
2018	£263,773	£3,506	11
2017	£257,203	£3,762	17
2016	£231,084	£3,810	17
2015	£223,520	£3,107	25
2014	£199,644	£2,778	22
2013	£167,437	£2,570	28
2012	£174,188	£2,507	16
2011	£163,625	£2,512	12
2010	£161,632	£2,496	17
2009	£160,062	£2,493	8
2008	£170,964	£2,808	14
2007	£179,382	£2,774	36
2006	£168,645	£2,591	31
2005	£148,716	£2,521	22
2004	£145,349	£2,392	20
2003	£139,321	£2,113	28
2002	£123,484	£1,793	43
2001	£91,553	£1,511	28
2000	£85,441	£1,365	31
1999	£71,670	£1,167	23
1998	£70,605	£1,112	48
1997	£58,635	£859	33
1996	£52,618	£881	31
1995	£47,886	£788	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£592,500	£4,763	3
2023	£516,250	£4,225	4
2022	£520,200	£4,342	5
2021	£428,286	£4,040	22
2020	£396,329	£3,912	7
2019	£409,500	£3,755	6
2018	£390,900	£4,078	10
2017	£438,850	£3,575	10
2016	£439,643	£3,439	7
2015	£340,714	£3,271	7
2014	£345,111	£2,940	9
2013	£296,107	£2,469	14
2012	£270,899	£2,696	10
2011	£320,643	£2,264	7
2010	£251,375	£2,541	8
2009	£272,750	£2,633	7
2008	£310,917	£2,940	6
2007	£298,583	£2,607	6
2006	£271,399	£2,371	20
2005	£248,250	£2,175	13
2004	£264,537	£2,236	24
2003	£250,666	£2,174	21
2002	£210,574	£1,760	26
2001	£190,782	£1,698	20
2000	£148,473	£1,472	21
1999	£127,965	£1,105	16
1998	£122,217	£1,114	34
1997	£118,541	£1,140	27
1996	£101,536	£798	14
1995	£95,230	£749	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£399,167	£4,033	9
2023	£359,667	£4,459	6
2022	£350,093	£4,561	16
2021	£328,406	£4,116	16
2020	£322,900	£3,640	8
2019	£317,500	£3,511	4
2018	£333,222	£3,755	9
2017	£279,722	£3,599	11
2016	£288,227	£3,616	11
2015	£257,500	£3,089	4
2014	£244,583	£2,868	12
2013	£214,091	£2,768	11
2012	£205,900	£2,825	10
2011	£204,909	£2,086	11
2010	£190,769	£2,484	13
2009	£197,464	£1,950	11
2008	£190,100	£2,364	10
2007	£217,388	£2,589	18
2006	£191,167	£2,548	21
2005	£183,357	£2,324	14
2004	£184,390	£2,300	16
2003	£165,910	£2,099	14
2002	£150,515	£1,803	28
2001	£114,987	£1,405	28
2000	£110,224	£1,305	20
1999	£90,777	£1,182	18
1998	£81,789	£1,110	28
1997	£73,456	£941	17
1996	£63,770	£882	10
1995	£56,676	£779	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£102,500	£2,946	2
2022	£191,250	£3,610	2
2021	£156,000	£3,015	2
2020	£112,000	£3,733	1
2019	£135,500	£3,269	2
2018	£160,500	£3,244	4
2017	£118,750	£3,363	2
2016	£177,167	£10,836	3
2015	£150,714	£2,919	7
2014	£139,619	£2,516	8
2013	£108,000	£2,272	2
2011	£134,998	£7,342	3
2010	£115,498	£2,529	2
2009	£94,500	£2,250	1
2008	£89,500	£2,904	2
2007	£117,850	£3,040	5
2006	£138,125	£2,769	8
2005	£146,124	£2,288	4
2004	£107,374	£2,462	4
2003	£89,641	£2,233	7
2002	£76,999	£1,660	6
2001	£62,624	£1,631	6
2000	£54,500	£1,323	3
1999	£55,920	£1,131	7
1998	£41,656	£1,062	8
1997	£46,832	£977	6
1996	£21,100		1
1995	£21,583	£413	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£393,000	£3,606	1
2021	£495,000	£2,694	2
2019	£425,000		1
2018	£380,938		4
2017	£600,000	£6,818	1

House Type in LU5 6EG area

The most common house types in the LU5 6EG postcode area are Semi-detached (90), Terraced (39), and Detached (8).

Total	138
Semi-detached	90
Terraced	39
Detached	8
commercial building	1
Flat	0
Shared house	0
converted 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 (48), and Social rented: Rents from council or Local Authority (47).

Owned: Owns with a mortgage or loan	48
Social rented: Rents from council or Local Authority	47
Owned: Owns outright	31
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	4
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 6EG have 2 people in household (41), and 3 people in household (30).

2 people in household	41
3 people in household	30
4 people in household	28
1 person in household	23
5 people in household	12
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0