Housing Market Analysis for OAK CLOSE, LU5 6PP

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

Overview of Sold House prices

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

Detached
- The average price is around £256,408 median price is £250,000 Standard Deviation is £101,727 with Total Sold: 23
- The Last 5 Year average price is £405,000 with Total Sold: 1
- The most recent sale happened at this postcode is 7 OAK CLOSE: £355,000 (Sold on 09 Mar 2018)
- The first recorded sale happened at this postcode is 10 OAK CLOSE: £405,000 (Sold on 14 Nov 2023)
Semi-Detached
- The average price is around £233,750 median price is £233,750 Standard Deviation is £13,750 with Total Sold: 2
- The most recent sale happened at this postcode is 11 OAK CLOSE: £247,500 (Sold on 21 Dec 2009)
- The first recorded sale happened at this postcode is 11 OAK CLOSE: £220,000 (Sold on 11 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 6PP 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£355,000	£4,438	1
2017	£390,000	£3,269	1
2016	£500,000	£3,145	1
2015	£330,000	£3,963	3
2014	£282,500	£2,522	1
2013	£285,000	£2,389	1
2011	£250,000	£2,866	1
2008	£305,000	£2,723	1
2004	£225,000	£2,812	1
2003	£220,749	£2,402	4
2002	£250,000		1
2000	£189,000		1
1998	£128,000	£1,123	1
1997	£129,995	£1,161	1
1995	£109,965	£1,002	3
2023	£405,000	£5,625	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£247,500	£2,075	1
2002	£220,000	£1,844	1

All the Sales in the OAK CLOSE, LU5 6PP

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

Address	Sold Date	Price	% Change
7 OAK CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 1991-1995	09 Mar 2018	£355,000	14.52%
	19 Aug 2015	£310,000	37.78%
	21 Oct 2004	£225,000	First Sale
11 OAK CLOSEDetached, FreeholdArea: 119.3 Sq.mtrAge: 1991-1995	24 Nov 2017	£390,000	36.84%
	03 May 2013	£285,000	15.15%
	21 Dec 2009	£247,500	12.50%
	11 Oct 2002	£220,000	First Sale
2 OAK CLOSEDetached, FreeholdArea: 159 Sq.mtrAge: 1991-1995	09 Dec 2016	£500,000	First Sale
10 OAK CLOSEDetached, FreeholdArea: 72 Sq.mtrAge: 1991-1995	30 Oct 2015	£345,000	72.50%
	07 Mar 2003	£199,995	-50.62%
	14 Nov 2023	£405,000	First Sale
15 OAK CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1991-1995	09 Oct 2015	£335,000	43.78%
	07 Nov 2003	£233,000	102.70%
	01 May 1995	£114,950	First Sale
16 OAK CLOSEDetached, FreeholdArea: 112 Sq.mtrAge: 1983-1990	13 Jan 2014	£282,500	-7.38%
	04 Apr 2008	£305,000	35.56%
	31 Jan 2003	£225,000	73.08%
	08 Aug 1997	£129,995	30.00%
	22 Dec 1995	£99,995	First Sale
8 OAK CLOSEDetached, FreeholdArea: 87.24 Sq.mtrAge: 1991-1995	12 Dec 2011	£250,000	11.11%
	12 Dec 2003	£225,000	First Sale
12 OAK CLOSEDetached, Freehold	01 Nov 2002	£250,000	32.28%
12 OAK CLOSEDetached, Freehold	16 Nov 2000	£189,000	First Sale
14 OAK CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1983-1990	07 May 1998	£128,000	11.35%
	26 Jan 1995	£114,950	First Sale

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

OAK CLOSE, LU5 6PP Near By properties

Interactive Map

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

Detached
- The average price is around £348,289 median price is £310,000 Standard Deviation is £200,353 with Total Sold: 235
- The Last 5 Year average price is £575,245 with Total Sold: 40
- The most recent sale happened at this postcode is , 7 WENTWORTH COURT: £840,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 14 OAK CLOSE: £114,950 (Sold on 26 Jan 1995)
Semi-Detached
- The average price is around £211,906 median price is £210,000 Standard Deviation is £112,696 with Total Sold: 404
- The Last 5 Year average price is £367,427 with Total Sold: 59
- The most recent sale happened at this postcode is , 12 MONMOUTH ROAD: £50,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 45 PARK LEYS: £54,500 (Sold on 17 Jan 1995)
Terraced
- The average price is around £156,448 median price is £153,250 Standard Deviation is £81,949 with Total Sold: 142
- The Last 5 Year average price is £254,647 with Total Sold: 17
- The most recent sale happened at this postcode is , 15 BARTON ROAD: £296,250 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , CHANCE COTTAGE, 37 SUNDON ROAD: £68,500 (Sold on 31 May 1995)
Other
- The average price is around £411,833 median price is £392,500 Standard Deviation is £295,079 with Total Sold: 6
- The Last 5 Year average price is £451,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 6 HILLSIDE CLOSE: £685,000 (Sold on 28 Sep 2022)
- The first recorded sale happened at this postcode is , 3A CHURCH ROAD: £90,000 (Sold on 10 Aug 2018)
Flat
- The average price is around £80,643 median price is £80,500 Standard Deviation is £31,408 with Total Sold: 14
- The most recent sale happened at this postcode is , 20 STRAFFORD CLOSE: £145,000 (Sold on 03 Jul 2017)
- The first recorded sale happened at this postcode is , 21 STRAFFORD CLOSE: £27,000 (Sold on 25 Feb 2000)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£608,700	£5,760	4
2023	£454,800	£4,872	5
2022	£588,071	£3,739	7
2021	£639,400	£5,080	10
2020	£535,937	£4,194	8
2019	£583,833	£3,629	6
2018	£525,306	£3,487	9
2017	£419,833	£3,408	6
2016	£455,500	£3,665	6
2015	£410,667	£3,426	12
2014	£335,833	£2,956	9
2013	£305,000	£2,544	3
2012	£472,824	£3,502	5
2011	£398,800	£3,377	10
2010	£470,333	£2,647	6
2009	£292,500	£4,008	2
2008	£372,500	£2,694	5
2007	£415,879	£2,392	12
2006	£281,177	£1,904	11
2005	£307,600	£2,148	5
2004	£300,832	£2,061	6
2003	£295,050	£2,327	10
2002	£231,500	£2,065	5
2001	£241,444	£1,800	18
2000	£173,777	£1,249	9
1999	£168,611	£757	9
1998	£122,167	£866	9
1997	£159,428	£1,118	7
1996	£194,050	£1,059	8
1995	£126,261	£954	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,500		6
2023	£389,874	£4,022	8
2022	£430,625	£5,189	12
2021	£332,385	£4,435	13
2020	£360,200	£3,507	9
2019	£338,718	£3,559	11
2018	£318,500	£4,257	11
2017	£312,233	£4,001	15
2016	£306,562	£3,234	8
2015	£279,374	£3,265	18
2014	£256,166	£2,868	18
2013	£224,200	£2,449	20
2012	£249,125	£2,969	4
2011	£236,991	£2,758	16
2010	£241,545	£2,664	11
2009	£197,164	£2,489	14
2008	£220,906	£2,654	8
2007	£214,937	£2,155	16
2006	£210,846	£2,903	13
2005	£194,064	£2,527	14
2004	£188,786	£2,287	18
2003	£182,900	£1,832	10
2002	£168,764	£1,825	17
2001	£151,650	£1,869	13
2000	£109,062	£1,362	16
1999	£90,197	£967	19
1998	£89,266	£921	14
1997	£72,330	£920	18
1996	£65,175	£657	20
1995	£65,535	£681	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£296,250		1
2023	£370,000	£4,157	1
2022	£274,333	£3,860	3
2021	£263,950	£4,835	5
2020	£236,667	£4,012	3
2019	£202,500	£3,802	4
2018	£259,167	£5,550	3
2017	£264,000	£4,281	5
2016	£234,500	£4,162	3
2015	£224,166	£3,361	6
2014	£201,500	£3,157	4
2013	£181,125	£2,833	8
2012	£215,875	£2,641	4
2011	£180,000	£2,439	1
2010	£183,550	£2,369	2
2009	£137,700	£2,456	5
2008	£170,375	£3,370	4
2007	£189,800	£2,578	10
2006	£167,690	£2,966	5
2005	£198,000	£2,292	2
2004	£162,564	£2,457	7
2003	£143,817	£2,114	3
2002	£112,699	£2,966	5
2001	£93,806	£1,701	8
2000	£88,248	£1,486	6
1999	£82,644	£1,179	10
1998	£64,186	£1,046	4
1997	£55,721	£1,059	9
1996	£49,160	£936	6
1995	£56,030	£857	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£685,000	£4,507	1
2021	£210,000		1
2020	£86,000		1
2019	£825,000	£987	1
2018	£332,500	£960	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£145,000	£5,800	1
2015	£93,500	£3,822	2
2014	£96,000	£3,871	1
2013	£80,000	£3,333	1
2012	£128,000	£2,113	1
2007	£86,500	£3,542	2
2005	£75,750	£3,117	1
2003	£63,417	£2,603	3
2000	£27,000	£1,111	2

House Type in LU5 6PP area

The most common house types in the LU5 6PP postcode area are Semi-detached (62), Detached (52), and Terraced (14).

Total	137
Semi-detached	62
Detached	52
Terraced	14
Flat	8
Shared house	1
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 outright (64), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright	64
Owned: Owns with a mortgage or loan	53
Private rented: Private landlord or letting agency	19
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU5 6PP have 2 people in household (52), and 1 person in household (35).

2 people in household	52
1 person in household	35
4 people in household	29
3 people in household	19
5 people in household	2
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0