Housing Market Analysis for PALMA CLOSE, LU6 1BU

Are you looking to understand LU6 1BU 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 LU6 1BU area, explore the LU6 1BU Area information page.
For comprehensive crime statistics in the LU6 1BU area, explore the LU6 1BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU6 1BU postcode area, The average prices are as follows,

Terraced
- The average price is around £152,306 median price is £144,000 Standard Deviation is £81,833 with Total Sold: 39
- The Last 5 Year average price is £300,500 with Total Sold: 6
- The most recent sale happened at this postcode is 21 PALMA CLOSE: £330,000 (Sold on 26 Oct 2023)
- The first recorded sale happened at this postcode is 7 PALMA CLOSE: £55,500 (Sold on 07 Apr 1995)
Semi-Detached
- The average price is around £162,525 median price is £155,000 Standard Deviation is £73,162 with Total Sold: 8
- The Last 5 Year average price is £280,000 with Total Sold: 1
- The most recent sale happened at this postcode is 18 PALMA CLOSE: £280,000 (Sold on 04 Dec 2020)
- The first recorded sale happened at this postcode is 8 PALMA CLOSE: £73,200 (Sold on 22 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LU6 1BU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£330,000	£3,837	2
2022	£317,500	£4,506	2
2021	£268,000	£3,190	1
2019	£240,000	£3,478	1
2018	£233,000	£3,236	1
2016	£223,750	£2,920	2
2015	£220,000	£3,056	1
2014	£178,500	£2,444	2
2012	£156,000	£2,026	1
2010	£148,000	£2,024	2
2009	£143,667	£2,022	3
2008	£161,000	£2,348	2
2006	£153,000	£2,217	1
2004	£136,000	£1,971	2
2003	£144,950	£1,657	1
2002	£103,167	£1,428	3
2001	£87,000	£1,234	2
2000	£72,750	£881	2
1999	£69,000	£1,000	1
1998	£66,250	£846	2
1997	£59,250	£783	2
1996	£50,000	£720	2
1995	£55,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£280,000	£2,890	1
2017	£275,000	£3,354	1
2010	£156,000	£1,610	1
2008	£165,000		1
2006	£154,000	£1,812	1
2002	£104,500		1
2001	£92,500	£1,128	1
1999	£73,200		1

All the Sales in the PALMA CLOSE, LU6 1BU

See the table below for more details on the sold house prices in the LU6 1BU, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
21 PALMA CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	26 Oct 2023	£330,000	0.0
	26 Oct 2023	£330,000	First Sale
41 PALMA CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	25 Nov 2022	£320,000	363.77%
	10 Sep 1999	£69,000	First Sale
3 PALMA CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	27 May 2022	£315,000	125.00%
	27 Apr 2009	£140,000	0.0
	27 Apr 2009	£140,000	55.56%
	09 Nov 2001	£90,000	35.34%
	18 Jun 1998	£66,500	First Sale
6 PALMA CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	23 Feb 2021	£268,000	15.27%
	08 Jan 2016	£232,500	214.19%
	25 Feb 2000	£74,000	First Sale
18 PALMA CLOSESemi-Detached, FreeholdArea: 96.9 Sq.mtrAge: 1967-1975	04 Dec 2020	£280,000	79.49%
	10 Sep 2010	£156,000	1.30%
	07 Nov 2006	£154,000	First Sale
12 PALMA CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	28 Jun 2019	£240,000	56.86%
	27 Jun 2006	£153,000	12.50%
	14 Apr 2004	£136,000	61.90%
	25 May 2001	£84,000	64.71%
	30 Aug 1996	£51,000	First Sale
27 PALMA CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	19 Feb 2018	£233,000	First Sale
2 PALMA CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	31 Jul 2017	£275,000	197.30%
	30 Aug 2001	£92,500	First Sale
11 PALMA CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-1975	09 May 2016	£215,000	125.13%
	17 May 2002	£95,500	94.90%
	12 Jul 1996	£49,000	First Sale
14 PALMA CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	30 Nov 2015	£220,000	First Sale
25 PALMA CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	15 Aug 2014	£190,000	21.79%
	16 Jul 2012	£156,000	2.63%
	19 Oct 2010	£152,000	31.03%
	02 Aug 2002	£116,000	First Sale
23 PALMA CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	10 Feb 2014	£167,000	3.09%
	22 Aug 2008	£162,000	First Sale
43 PALMA CLOSETerraced, FreeholdArea: 69.44 Sq.mtrAge: 1967-1975	09 Dec 2010	£144,000	First Sale
47 PALMA CLOSETerraced, FreeholdArea: 69.34 Sq.mtrAge: 1967-1975	18 Sep 2009	£151,000	54.08%
	30 Apr 2002	£98,000	First Sale
31 PALMA CLOSETerraced, Freehold	22 Aug 2008	£160,000	17.65%
31 PALMA CLOSETerraced, Freehold	03 Sep 2004	£136,000	First Sale
8 PALMA CLOSESemi-Detached, Freehold	13 Jun 2008	£165,000	57.89%
	01 Mar 2002	£104,500	42.76%
	22 Feb 1999	£73,200	First Sale
19 PALMA CLOSETerraced, FreeholdArea: 87.5 Sq.mtrAge: 1976-1982	29 May 2003	£144,950	First Sale
4 PALMA CLOSETerraced, Freehold	28 Jan 2000	£71,500	First Sale
29 PALMA CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	28 Jul 1998	£66,000	First Sale
7 PALMA CLOSETerraced, Freehold	15 Dec 1997	£64,500	16.22%
7 PALMA CLOSETerraced, Freehold	07 Apr 1995	£55,500	First Sale
33 PALMA CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1950-1966	11 Apr 1997	£54,000	First Sale

Check out the sold house prices near the LU6 1BU postcode. Properties currently for saleProperties currently for rent

PALMA CLOSE, LU6 1BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU6 1BU 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 LU6 1BU postcode.

Terraced
- The average price is around £206,203 median price is £210,000 Standard Deviation is £85,743 with Total Sold: 781
- The Last 5 Year average price is £287,101 with Total Sold: 146
- The most recent sale happened at this postcode is , 5 SUNCOTE CLOSE: £281,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 69 SALTERS WAY: £51,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £192,926 median price is £177,000 Standard Deviation is £98,157 with Total Sold: 599
- The Last 5 Year average price is £309,767 with Total Sold: 90
- The most recent sale happened at this postcode is , 1 BARLEY BROW: £316,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 61 SUNCOTE AVENUE: £53,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £147,464 median price is £147,000 Standard Deviation is £44,715 with Total Sold: 476
- The Last 5 Year average price is £172,031 with Total Sold: 108
- The most recent sale happened at this postcode is , 61 FRENCHS AVENUE: £190,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is 6A, HOUGHTON MANSIONS HOUGHTON ROAD: £22,500 (Sold on 10 Jan 1997)
Other
- The average price is around £1,234,354 median price is £279,995 Standard Deviation is £1,747,141 with Total Sold: 11
- The Last 5 Year average price is £1,169,750 with Total Sold: 6
- The most recent sale happened at this postcode is , 03-Apr HOUGHTON PARADE: £255,000 (Sold on 23 Jan 2024)
- The first recorded sale happened at this postcode is , 20 VAUXHALL WAY: £279,995 (Sold on 19 Dec 2016)
Detached
- The average price is around £252,464 median price is £235,000 Standard Deviation is £105,495 with Total Sold: 119
- The Last 5 Year average price is £360,400 with Total Sold: 20
- The most recent sale happened at this postcode is , 26 BARLEY BROW: £625,000 (Sold on 19 Jan 2024)
- The first recorded sale happened at this postcode is , 9 BARLEY BROW: £78,000 (Sold on 31 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£284,500	£4,300	7
2023	£309,682	£3,736	11
2022	£339,508	£3,998	31
2021	£280,965	£3,564	43
2020	£259,765	£3,286	33
2019	£254,298	£2,959	21
2018	£280,218	£3,273	48
2017	£298,020	£3,162	47
2016	£273,875	£3,243	58
2015	£243,350	£2,899	69
2014	£200,043	£2,617	57
2013	£186,564	£2,468	36
2012	£186,378	£2,244	26
2011	£187,313	£1,984	22
2010	£154,333	£1,949	12
2009	£145,938	£2,148	8
2008	£162,719	£2,119	8
2007	£155,454	£2,086	23
2006	£151,017	£2,205	20
2005	£154,092	£1,961	20
2004	£147,763	£2,036	24
2003	£140,960	£2,006	29
2002	£123,458	£1,681	31
2001	£83,679	£1,208	15
2000	£80,333	£1,010	15
1999	£70,222	£920	18
1998	£61,208	£781	12
1997	£57,916	£795	15
1996	£50,218	£688	11
1995	£51,727	£705	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£287,643	£3,492	7
2023	£346,028	£4,220	18
2022	£342,571	£4,166	21
2021	£312,400	£3,350	15
2020	£267,929	£3,078	14
2019	£267,067	£3,383	15
2018	£284,524	£3,395	21
2017	£329,703	£3,164	46
2016	£294,144	£3,047	24
2015	£240,533	£2,623	30
2014	£197,728	£2,598	28
2013	£169,579	£2,150	22
2012	£180,545	£2,092	19
2011	£172,672	£2,092	20
2010	£165,722	£1,873	9
2009	£158,659	£1,677	5
2008	£176,390	£2,001	16
2007	£173,578	£2,135	19
2006	£168,213	£1,946	31
2005	£168,482	£1,998	20
2004	£138,212	£1,790	17
2003	£159,870	£2,100	26
2002	£121,383	£1,478	31
2001	£95,625	£1,068	24
2000	£91,409	£980	11
1999	£68,959	£795	22
1998	£69,376	£815	26
1997	£56,598	£742	17
1996	£48,093	£604	15
1995	£55,250	£583	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,600	£3,070	5
2023	£162,037	£3,107	19
2022	£193,477	£3,517	22
2021	£173,042	£3,048	26
2020	£164,987	£3,070	15
2019	£162,014	£3,098	21
2018	£180,011	£3,331	22
2017	£164,511	£2,914	33
2016	£182,084	£3,169	71
2015	£142,940	£2,403	26
2014	£132,439	£2,368	33
2013	£144,294	£2,336	8
2012	£137,956	£2,353	8
2011	£123,695	£2,205	47
2010	£88,080	£1,311	1
2009	£115,000	£2,255	1
2008	£116,207	£2,798	7
2007	£122,199	£2,329	9
2006	£126,764	£2,648	49
2005	£116,225	£2,278	14
2004	£108,875	£2,027	4
2003	£101,667	£2,259	21
2002	£69,389	£1,513	5
2001	£35,500	£638	2
2000	£40,000	£816	1
1999	£29,500	£720	3
1997	£22,000	£413	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000		1
2023	£107,500	£1,886	1
2022	£316,250	£3,956	2
2020	£3,500	£100	1
2019	£6,020,000		1
2018	£1,060,000	£2,133	1
2017	£1,739,800	£32,344	3
2016	£279,995	£2,718	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£625,000	£5,998	1
2023	£375,000	£3,676	1
2022	£432,500	£3,597	2
2021	£376,444	£3,496	9
2020	£257,500	£3,277	4
2019	£308,333	£3,376	3
2018	£382,417	£3,171	9
2017	£359,974	£3,598	8
2016	£323,125	£3,184	4
2015	£202,167	£2,691	3
2014	£261,600	£2,333	5
2013	£247,400	£2,564	5
2012	£237,484	£2,317	6
2011	£168,150	£2,103	3
2010	£245,000	£2,351	1
2009	£204,833	£1,832	3
2008	£172,000		1
2007	£256,125	£2,674	4
2006	£219,907	£2,305	7
2005	£223,000		1
2004	£220,075	£2,251	6
2003	£163,542	£2,371	2
2002	£176,813	£1,747	19
2001	£170,000		1
2000	£144,998	£2,073	3
1999	£141,972	£1,687	2
1998	£60,667	£693	3
1995	£81,333	£1,020	3

House Type in LU6 1BU area

The most common house types in the LU6 1BU postcode area are Terraced (95), Semi-detached (39), and Detached (0).

Total	134
Terraced	95
Semi-detached	39
Detached	0
Flat	0
Shared house	0
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 with a mortgage or loan (67), and Owned: Owns outright (55).

Owned: Owns with a mortgage or loan	67
Owned: Owns outright	55
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	5
Shared ownership: Shared ownership	2
Does not apply	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 LU6 1BU have 2 people in household (43), and 4 people in household (32).

2 people in household	43
4 people in household	32
1 person in household	31
3 people in household	23
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0