Housing Market Analysis for SOVEREIGN CLOSE, LU7 1FT

Are you looking to understand LU7 1FT 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 LU7 1FT area, explore the LU7 1FT Area information page.
For comprehensive crime statistics in the LU7 1FT area, explore the LU7 1FT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU7 1FT postcode area, The average prices are as follows,

Terraced
- The average price is around £218,659 median price is £209,000 Standard Deviation is £55,738 with Total Sold: 24
- The Last 5 Year average price is £288,750 with Total Sold: 4
- The most recent sale happened at this postcode is 12 SOVEREIGN CLOSE: £310,000 (Sold on 13 Dec 2022)
- The first recorded sale happened at this postcode is 12 SOVEREIGN CLOSE: £315,000 (Sold on 17 Jun 2024)
Semi-Detached
- The average price is around £236,649 median price is £217,000 Standard Deviation is £41,911 with Total Sold: 5
- The most recent sale happened at this postcode is 4 SOVEREIGN CLOSE: £320,000 (Sold on 22 Sep 2017)
- The first recorded sale happened at this postcode is 5 SOVEREIGN CLOSE: £210,000 (Sold on 27 Jan 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average LU7 1FT 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
2022	£310,000	£4,921	1
2021	£270,000	£4,287	1
2019	£260,000	£4,127	1
2018	£306,500	£3,952	2
2016	£280,000	£2,917	1
2014	£267,500	£2,786	1
2013	£205,000	£2,181	1
2012	£183,641	£2,460	13
2011	£169,998	£2,743	2
2024	£315,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£320,000	£3,333	1
2012	£215,811	£2,245	4

All the Sales in the SOVEREIGN CLOSE, LU7 1FT

See the table below for more details on the sold house prices in the LU7 1FT, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
12 SOVEREIGN CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 2012 onwards	13 Dec 2022	£310,000	19.23%
	15 Nov 2019	£260,000	57.58%
	30 Apr 2012	£165,000	-47.62%
	17 Jun 2024	£315,000	First Sale
2 SOVEREIGN CLOSETerraced, FreeholdArea: 62.98 Sq.mtr	28 Apr 2021	£270,000	-2.88%
	22 Jun 2018	£278,000	63.53%
	22 Dec 2011	£169,995	First Sale
16 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtr	06 Apr 2018	£335,000	58.77%
16 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtr	11 May 2012	£211,000	First Sale
4 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 96 Sq.mtr	22 Sep 2017	£320,000	43.34%
4 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 96 Sq.mtr	28 Sep 2012	£223,245	First Sale
18 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtr	26 Sep 2016	£280,000	33.33%
18 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtr	20 Jul 2012	£210,000	First Sale
21 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtr	08 Oct 2014	£267,500	18.89%
21 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtr	30 Apr 2012	£224,995	First Sale
20 SOVEREIGN CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 2007-2011	30 Apr 2013	£205,000	First Sale
14 SOVEREIGN CLOSETerraced, FreeholdArea: 63 Sq.mtr	02 Aug 2012	£160,000	First Sale
10 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 96 Sq.mtr	08 Jun 2012	£213,000	First Sale
17 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtr	08 Jun 2012	£208,000	First Sale
11 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 96 Sq.mtr	01 Jun 2012	£217,000	First Sale
19 SOVEREIGN CLOSETerraced, FreeholdArea: 96 Sq.mtrAge: 2012 onwards	27 Apr 2012	£223,100	First Sale
15 SOVEREIGN CLOSETerraced, FreeholdArea: 63 Sq.mtr	13 Apr 2012	£168,000	First Sale
9 SOVEREIGN CLOSETerraced, FreeholdArea: 62.98 Sq.mtr	26 Mar 2012	£164,995	First Sale
8 SOVEREIGN CLOSETerraced, FreeholdArea: 62.98 Sq.mtr	19 Mar 2012	£161,000	First Sale
3 SOVEREIGN CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 2012 onwards	09 Mar 2012	£160,000	First Sale
7 SOVEREIGN CLOSETerraced, FreeholdArea: 62.98 Sq.mtr	23 Feb 2012	£165,495	First Sale
6 SOVEREIGN CLOSETerraced, FreeholdArea: 62.98 Sq.mtr	23 Feb 2012	£165,745	First Sale
5 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 96.47 Sq.mtr	27 Jan 2012	£210,000	First Sale
1 SOVEREIGN CLOSETerraced, FreeholdArea: 61 Sq.mtrAge: 2007-2011	21 Dec 2011	£170,000	First Sale

Check out the sold house prices near the LU7 1FT postcode. Properties currently for saleProperties currently for rent

SOVEREIGN CLOSE, LU7 1FT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU7 1FT 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 LU7 1FT postcode.

Terraced
- The average price is around £156,208 median price is £148,000 Standard Deviation is £88,225 with Total Sold: 1,045
- The Last 5 Year average price is £273,022 with Total Sold: 150
- The most recent sale happened at this postcode is , 60 CHURCH STREET: £250,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 30 PLANTATION ROAD: £26,000 (Sold on 15 Feb 1995)
Semi-Detached
- The average price is around £189,168 median price is £170,000 Standard Deviation is £104,730 with Total Sold: 773
- The Last 5 Year average price is £345,639 with Total Sold: 106
- The most recent sale happened at this postcode is , 11 DIGBY ROAD: £420,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 1 CHAPEL PATH: £56,000 (Sold on 14 Feb 1995)
Flat
- The average price is around £118,152 median price is £118,000 Standard Deviation is £47,156 with Total Sold: 701
- The Last 5 Year average price is £169,365 with Total Sold: 108
- The most recent sale happened at this postcode is 1, ROSEBERY COURT WATER LANE: £176,500 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 21 LABURNUM COURT: £39,950 (Sold on 17 Feb 1995)
Detached
- The average price is around £275,513 median price is £249,995 Standard Deviation is £147,226 with Total Sold: 513
- The Last 5 Year average price is £460,605 with Total Sold: 66
- The most recent sale happened at this postcode is , 3 WINDSOR AVENUE: £375,000 (Sold on 15 Jun 2024)
- The first recorded sale happened at this postcode is , 24 KING STREET: £85,500 (Sold on 03 Feb 1995)
Other
- The average price is around £593,581 median price is £320,000 Standard Deviation is £1,348,539 with Total Sold: 25
- The Last 5 Year average price is £334,041 with Total Sold: 13
- The most recent sale happened at this postcode is , 21 CLARENCE ROAD: £360,000 (Sold on 29 Jan 2024)
- The first recorded sale happened at this postcode is , 4A NORTH STREET: £235,000 (Sold on 21 Jul 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,650		15
2023	£309,346	£4,077	26
2022	£290,384	£4,201	25
2021	£278,533	£3,629	30
2020	£251,462	£3,395	26
2019	£249,893	£3,475	28
2018	£265,677	£3,879	26
2017	£264,951	£3,486	43
2016	£236,839	£3,387	39
2015	£226,989	£2,951	28
2014	£191,679	£2,721	42
2013	£166,386	£2,209	35
2012	£169,686	£2,204	34
2011	£175,786	£2,072	21
2010	£168,095	£2,071	21
2009	£155,661	£2,367	23
2008	£164,125	£2,262	13
2007	£174,696	£2,468	46
2006	£160,549	£2,175	61
2005	£137,727	£2,078	35
2004	£141,398	£2,041	35
2003	£126,103	£1,792	39
2002	£101,726	£1,566	44
2001	£83,646	£1,266	58
2000	£71,104	£1,073	35
1999	£61,607	£942	54
1998	£56,284	£827	35
1997	£53,825	£740	59
1996	£44,986	£611	43
1995	£41,271	£670	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£379,571		7
2023	£351,094	£4,436	16
2022	£376,417	£4,437	27
2021	£331,404	£3,743	22
2020	£336,500	£3,787	18
2019	£303,256	£3,357	16
2018	£322,644	£3,915	21
2017	£294,125	£3,614	20
2016	£300,158	£3,388	26
2015	£238,762	£2,757	21
2014	£232,250	£2,792	22
2013	£185,500	£2,310	20
2012	£201,967	£2,287	23
2011	£205,734	£2,384	31
2010	£185,367	£2,184	29
2009	£152,121	£2,470	12
2008	£194,588	£2,400	17
2007	£194,399	£2,209	43
2006	£196,653	£2,212	42
2005	£175,785	£2,106	26
2004	£164,713	£2,029	34
2003	£151,984	£1,759	31
2002	£134,330	£1,623	40
2001	£107,628	£1,207	37
2000	£96,434	£1,138	30
1999	£79,746	£1,053	36
1998	£86,875	£881	22
1997	£66,067	£750	37
1996	£60,084	£637	29
1995	£57,972	£729	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,000	£2,898	12
2023	£160,690	£3,016	21
2022	£172,705	£3,227	22
2021	£166,829	£3,280	24
2020	£164,417	£3,389	12
2019	£190,147	£3,444	17
2018	£166,286	£3,420	14
2017	£165,083	£3,270	24
2016	£165,800	£3,016	30
2015	£138,791	£2,635	43
2014	£133,224	£2,461	29
2013	£122,630	£2,337	25
2012	£104,722	£2,048	18
2011	£116,803	£2,134	29
2010	£117,155	£2,175	64
2009	£109,054	£2,136	14
2008	£144,714	£2,533	14
2007	£115,237	£2,527	30
2006	£115,248	£2,410	28
2005	£109,748	£2,113	29
2004	£112,601	£2,315	28
2003	£97,266	£1,952	28
2002	£83,950	£1,699	34
2001	£64,495	£1,350	25
2000	£59,519	£1,226	13
1999	£52,583	£1,073	9
1998	£41,571	£812	17
1997	£40,403	£868	16
1996	£42,153	£874	16
1995	£35,284	£706	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£477,500	£4,143	2
2023	£530,833	£4,904	12
2022	£470,612	£5,067	13
2021	£462,794	£3,833	17
2020	£431,969	£3,637	16
2019	£363,000	£3,997	6
2018	£374,385	£3,837	13
2017	£442,250	£3,862	10
2016	£407,412	£3,732	17
2015	£412,700	£3,111	20
2014	£319,625	£2,712	20
2013	£267,471	£2,501	17
2012	£307,606	£2,555	14
2011	£299,150	£2,504	19
2010	£242,664	£2,366	18
2009	£283,909	£2,550	11
2008	£287,944	£2,678	9
2007	£363,929	£2,669	35
2006	£276,834	£2,354	29
2005	£237,775	£2,112	16
2004	£228,647	£2,481	23
2003	£206,025	£2,226	16
2002	£204,185	£1,695	31
2001	£163,111	£1,556	21
2000	£167,372	£1,448	22
1999	£135,664	£1,107	18
1998	£109,304	£1,120	14
1997	£106,379	£926	19
1996	£82,180	£765	23
1995	£84,188	£856	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£360,000		1
2023	£392,500		2
2022	£212,567	£49	3
2021	£256,167	£2,817	5
2020	£780,000		1
2019	£499,000		1
2018	£304,917		6
2017	£172,500	£3,091	2
2016	£3,677,500		2
2015	£732,500	£17,866	1
2014	£235,000		1

House Type in LU7 1FT area

The most common house types in the LU7 1FT postcode area are Detached (89), Semi-detached (46), and Flat (45).

Total	222
Detached	89
Semi-detached	46
Flat	45
Terraced	40
Shared house	2
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 (90), and Owned: Owns with a mortgage or loan (84).

Owned: Owns outright	90
Owned: Owns with a mortgage or loan	84
Private rented: Private landlord or letting agency	38
Private rented: Other private rented	4
Shared ownership: Shared ownership	3
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LU7 1FT have 2 people in household (95), and 1 person in household (70).

2 people in household	95
1 person in household	70
3 people in household	25
4 people in household	21
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0