Housing Market Analysis for LAKE STREET, LU7 1RW

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

Overview of Sold House prices

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

Flat
- The average price is around £115,053 median price is £124,000 Standard Deviation is £35,539 with Total Sold: 43
- The Last 5 Year average price is £187,500 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 16, AVELINE COURT LAKE STREET: £210,000 (Sold on 21 Nov 2022)
- The first recorded sale happened at this postcode is FLAT 7, AVELINE COURT LAKE STREET: £50,000 (Sold on 19 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LU7 1RW 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£187,500	£3,776	2
2018	£168,500	£3,744	1
2017	£178,500	£3,121	1
2016	£140,000	£2,245	1
2015	£133,500	£2,111	2
2014	£130,000	£2,273	1
2011	£110,000	£1,930	1
2009	£103,000	£1,515	1
2007	£139,250	£2,177	2
2006	£147,000	£2,090	3
2005	£130,000	£2,273	1
2004	£131,667	£2,171	3
2003	£113,300	£1,852	5
2002	£105,272	£1,767	9
2001	£71,685	£1,159	10

All the Sales in the LAKE STREET, LU7 1RW

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

Address	Sold Date	Price	% Change
FLAT 16, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	21 Nov 2022	£210,000	24.63%
	06 Jul 2018	£168,500	41.60%
	18 Oct 2002	£119,000	138.00%
	19 Oct 2001	£50,000	First Sale
FLAT 14, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 57.2 Sq.mtrAge: 2003-2006	23 May 2022	£165,000	-7.56%
	10 Feb 2017	£178,500	37.31%
	19 Dec 2014	£130,000	0.0
	09 Dec 2005	£130,000	12.07%
	24 Jan 2003	£116,000	28.96%
	21 Dec 2001	£89,950	First Sale
FLAT 4, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 62.36 Sq.mtrAge: 2003-2006	10 Mar 2016	£140,000	64.71%
	21 Dec 2001	£85,000	First Sale
FLAT 10, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 57.1 Sq.mtrAge: 1996-2002	15 Jul 2015	£133,000	3.50%
	04 Aug 2006	£128,500	-0.39%
	23 Jan 2004	£129,000	14.67%
	07 Jun 2002	£112,500	25.07%
	09 Jan 2002	£89,950	First Sale
FLAT 1, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 70.79 Sq.mtrAge: 1996-2002	15 Jul 2015	£134,000	-10.67%
	04 Aug 2006	£150,000	15.38%
	27 Jun 2003	£130,000	30.07%
	13 Dec 2001	£99,950	First Sale
FLAT 12, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	11 Nov 2011	£110,000	-11.29%
	15 Aug 2003	£124,000	37.85%
	21 Dec 2001	£89,950	First Sale
FLAT 15, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 68 Sq.mtrAge: 1991-1995	23 Jan 2009	£103,000	28.75%
	21 Dec 2001	£80,000	First Sale
FLAT 8, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 1996-2002	16 Nov 2007	£141,000	2.55%
	24 Jun 2004	£137,500	54.49%
	09 Jan 2002	£89,000	First Sale
FLAT 11, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	08 Mar 2007	£137,500	10.00%
	03 Dec 2002	£124,995	26.26%
	25 Jan 2002	£99,000	First Sale
FLAT 7, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 85.53 Sq.mtrAge: 1996-2002	14 Dec 2006	£162,500	28.97%
	30 Oct 2002	£126,000	152.00%
	19 Oct 2001	£50,000	First Sale
FLAT 5, AVELINE COURT LAKE STREETFlat, Leasehold	28 May 2004	£128,500	78.47%
FLAT 5, AVELINE COURT LAKE STREETFlat, Leasehold	14 Dec 2001	£72,000	First Sale
FLAT 6, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	25 Apr 2003	£126,500	80.71%
	08 Jan 2003	£70,000	First Sale
FLAT 9, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 1996-2002	19 Jul 2002	£112,000	49.33%
	23 Jan 2002	£75,000	First Sale
FLAT 3, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 62.5 Sq.mtrAge: 1996-2002	05 Dec 2001	£50,000	First Sale
FLAT 2, AVELINE COURT LAKE STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	05 Dec 2001	£50,000	First Sale

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

LAKE STREET, LU7 1RW Near By properties

Interactive Map

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

Terraced
- The average price is around £156,521 median price is £142,175 Standard Deviation is £91,748 with Total Sold: 1,770
- The Last 5 Year average price is £280,048 with Total Sold: 263
- The most recent sale happened at this postcode is , 48 BEAUDESERT: £275,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 47 HOCKLIFFE STREET: £32,500 (Sold on 16 Jan 1995)
Flat
- The average price is around £120,788 median price is £120,000 Standard Deviation is £51,721 with Total Sold: 1,600
- The Last 5 Year average price is £168,418 with Total Sold: 251
- The most recent sale happened at this postcode is , 5 HODDESDON VILLAS: £240,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 3, 14 BEAUDESERT: £25,000 (Sold on 30 Jan 1995)
Detached
- The average price is around £239,066 median price is £217,500 Standard Deviation is £136,997 with Total Sold: 487
- The Last 5 Year average price is £415,036 with Total Sold: 55
- The most recent sale happened at this postcode is , 21 LOVENT DRIVE: £470,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 40 WOODMAN CLOSE: £71,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £177,427 median price is £159,998 Standard Deviation is £103,608 with Total Sold: 834
- The Last 5 Year average price is £330,394 with Total Sold: 94
- The most recent sale happened at this postcode is , 12A SOUTH STREET: £420,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 9 BILLINGTON COURT: £49,950 (Sold on 03 Mar 1995)
Other
- The average price is around £592,084 median price is £300,000 Standard Deviation is £1,285,018 with Total Sold: 83
- The Last 5 Year average price is £525,874 with Total Sold: 46
- The most recent sale happened at this postcode is , 48 HIGH STREET: £550,000 (Sold on 15 Apr 2024)
- The first recorded sale happened at this postcode is , 20 HIGH STREET: £277,296 (Sold on 09 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,875	£3,388	22
2023	£283,145	£3,979	38
2022	£303,365	£4,098	42
2021	£271,560	£3,649	75
2020	£292,590	£3,340	40
2019	£270,217	£3,420	46
2018	£247,521	£3,475	45
2017	£253,035	£3,330	66
2016	£250,625	£3,165	55
2015	£220,741	£2,883	63
2014	£193,467	£2,582	76
2013	£160,578	£2,180	51
2012	£150,790	£2,109	31
2011	£159,826	£2,086	31
2010	£187,698	£2,073	29
2009	£148,381	£1,905	42
2008	£170,150	£2,267	33
2007	£169,919	£2,326	69
2006	£154,478	£2,171	79
2005	£136,635	£2,042	77
2004	£148,947	£1,977	65
2003	£128,313	£1,805	74
2002	£123,851	£1,488	86
2001	£82,259	£1,242	83
2000	£76,875	£960	60
1999	£64,219	£946	90
1998	£63,303	£830	78
1997	£56,919	£817	105
1996	£48,922	£635	72
1995	£44,989	£619	47

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£153,317	£2,850	21
2023	£168,295	£3,051	54
2022	£173,851	£3,666	66
2021	£161,712	£3,113	48
2020	£153,364	£2,712	22
2019	£183,875	£3,144	40
2018	£160,494	£3,156	46
2017	£169,328	£3,199	58
2016	£154,758	£2,920	70
2015	£167,324	£2,747	106
2014	£138,407	£2,408	60
2013	£110,071	£2,150	35
2012	£116,640	£2,091	32
2011	£110,028	£1,951	63
2010	£112,340	£2,237	25
2009	£110,529	£2,070	26
2008	£126,937	£2,379	24
2007	£125,527	£2,640	70
2006	£137,608	£2,374	109
2005	£123,973	£2,255	67
2004	£122,636	£2,343	84
2003	£105,426	£2,011	57
2002	£90,142	£1,750	82
2001	£67,783	£1,406	63
2000	£61,403	£1,328	56
1999	£57,535	£1,138	48
1998	£48,176	£981	43
1997	£49,576	£1,055	53
1996	£38,056	£829	35
1995	£36,988	£778	37

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£419,000	£5,294	5
2023	£461,722	£4,762	9
2022	£471,714	£5,216	7
2021	£410,682	£3,727	11
2020	£402,182	£3,713	11
2019	£361,083	£3,773	12
2018	£401,833	£3,294	12
2017	£411,972	£3,828	18
2016	£427,818	£3,314	11
2015	£293,208	£2,977	12
2014	£324,550	£2,643	20
2013	£300,529	£2,560	17
2012	£256,972	£2,276	11
2011	£274,907	£2,501	14
2010	£261,079	£2,359	12
2009	£246,833	£2,310	6
2008	£208,429	£2,211	7
2007	£280,725	£2,502	8
2006	£253,351	£2,210	31
2005	£260,310	£2,432	12
2004	£222,633	£2,555	18
2003	£252,407	£2,193	22
2002	£182,492	£1,626	31
2001	£159,943	£1,527	21
2000	£150,163	£1,278	31
1999	£118,104	£1,117	25
1998	£120,312	£1,179	16
1997	£102,162	£1,062	47
1996	£93,402	£858	21
1995	£76,939	£1,081	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,000	£4,371	6
2023	£344,000	£4,192	7
2022	£349,969	£4,365	16
2021	£349,000	£3,601	26
2020	£299,239	£3,759	23
2019	£306,062	£3,357	16
2018	£329,979	£3,738	19
2017	£334,541	£3,524	28
2016	£271,600	£3,307	20
2015	£240,819	£2,887	28
2014	£223,826	£2,581	23
2013	£192,000	£2,310	18
2012	£183,889	£2,132	18
2011	£182,091	£2,113	22
2010	£182,361	£2,276	18
2009	£186,998	£2,122	25
2008	£190,985	£2,352	17
2007	£211,809	£2,485	40
2006	£193,261	£2,220	55
2005	£167,702	£2,104	31
2004	£146,594	£1,993	34
2003	£147,668	£1,865	43
2002	£133,612	£1,513	50
2001	£99,886	£1,274	46
2000	£94,962	£1,110	35
1999	£86,283	£968	42
1998	£80,457	£814	20
1997	£64,829	£771	51
1996	£55,485	£630	33
1995	£57,404	£660	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£550,000		1
2023	£280,192	£4,176	13
2022	£421,842	£5,000	9
2021	£923,526	£548	13
2020	£410,757	£4,087	7
2019	£440,000	£4,902	3
2018	£439,500	£3,387	11
2017	£1,105,000	£3,091	11
2016	£498,333	£149	6
2015	£669,333	£17,866	6
2014	£340,000		2
2013	£277,296		1

House Type in LU7 1RW area

The most common house types in the LU7 1RW postcode area are Flat (111), Terraced (68), and Detached (25).

Total	248
Flat	111
Terraced	68
Detached	25
Shared house	17
Semi-detached	11
commercial building	9
converted building	7
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (99), and Owned: Owns with a mortgage or loan (73).

Private rented: Private landlord or letting agency	99
Owned: Owns with a mortgage or loan	73
Owned: Owns outright	35
Social rented: Other social rented	27
Private rented: Other private rented	7
Social rented: Rents from council or Local Authority	6
Shared ownership: Shared ownership	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LU7 1RW have 1 person in household (100), and 2 people in household (85).

1 person in household	100
2 people in household	85
3 people in household	30
4 people in household	25
5 people in household	5
6 people in household	2
7 people in household	2
8 or more people in household	1
0 people in household	0