Housing Market Analysis for ALEXANDER WAY, LU7 3QN

Are you looking to understand LU7 3QN 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 3QN area, explore the LU7 3QN Area information page.
For comprehensive crime statistics in the LU7 3QN area, explore the LU7 3QN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU7 3QN postcode area, The average prices are as follows,

Flat
- The average price is around £317,500 median price is £317,500 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £317,500 with Total Sold: 1
- The most recent sale happened at this postcode is 28 ALEXANDER WAY: £317,500 (Sold on 25 Aug 2022)
- The first recorded sale happened at this postcode is 28 ALEXANDER WAY: £317,500 (Sold on 25 Aug 2022)
Semi-Detached
- The average price is around £337,269 median price is £328,500 Standard Deviation is £19,310 with Total Sold: 13
- The Last 5 Year average price is £337,269 with Total Sold: 13
- The most recent sale happened at this postcode is 12 ALEXANDER WAY: £328,500 (Sold on 17 Sep 2021)
- The first recorded sale happened at this postcode is 1 ALEXANDER WAY: £380,000 (Sold on 27 May 2021)
Detached
- The average price is around £397,500 median price is £397,500 Standard Deviation is £2,500 with Total Sold: 2
- The Last 5 Year average price is £397,500 with Total Sold: 2
- The most recent sale happened at this postcode is 11 ALEXANDER WAY: £399,999 (Sold on 25 Jun 2021)
- The first recorded sale happened at this postcode is 10 ALEXANDER WAY: £395,000 (Sold on 25 Jun 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average LU7 3QN 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	£317,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£337,269	£4,162	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£397,500	£4,141	2

All the Sales in the ALEXANDER WAY, LU7 3QN

See the table below for more details on the sold house prices in the LU7 3QN, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
28 ALEXANDER WAYFlat, Freehold	25 Aug 2022	£317,500	First Sale
12 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	17 Sep 2021	£328,500	First Sale
14 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	17 Sep 2021	£330,000	First Sale
15 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	27 Aug 2021	£335,000	First Sale
21 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	27 Aug 2021	£342,000	First Sale
17 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	30 Jul 2021	£335,000	First Sale
8 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	30 Jul 2021	£327,000	First Sale
2 ALEXANDER WAYSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 2019	25 Jun 2021	£382,000	First Sale
11 ALEXANDER WAYDetached, FreeholdArea: 96 Sq.mtrAge: 2019	25 Jun 2021	£399,999	First Sale
10 ALEXANDER WAYDetached, FreeholdArea: 96 Sq.mtrAge: 2019	25 Jun 2021	£395,000	First Sale
9 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	11 Jun 2021	£325,000	First Sale
4 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	28 May 2021	£325,000	First Sale
5 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	28 May 2021	£325,000	First Sale
7 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	28 May 2021	£325,000	First Sale
3 ALEXANDER WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 2019	27 May 2021	£325,000	First Sale
1 ALEXANDER WAYSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 2019	27 May 2021	£380,000	First Sale

Check out the sold house prices near the LU7 3QN postcode. Properties currently for saleProperties currently for rent

ALEXANDER WAY, LU7 3QN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU7 3QN 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 3QN postcode.

Semi-Detached
- The average price is around £317,747 median price is £352,500 Standard Deviation is £100,575 with Total Sold: 142
- The Last 5 Year average price is £360,067 with Total Sold: 118
- The most recent sale happened at this postcode is , 19 RAMSAY DRIVE: £400,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 174 MEADOW WAY: £41,700 (Sold on 28 Jul 1995)
Terraced
- The average price is around £151,488 median price is £130,500 Standard Deviation is £84,978 with Total Sold: 198
- The Last 5 Year average price is £264,686 with Total Sold: 48
- The most recent sale happened at this postcode is , 145 MEADOW WAY: £280,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is , 171 MEADOW WAY: £35,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £419,799 median price is £484,950 Standard Deviation is £161,245 with Total Sold: 69
- The Last 5 Year average price is £489,119 with Total Sold: 56
- The most recent sale happened at this postcode is , 7 LISTER CORNER: £550,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is , 98 MEADOW WAY: £43,000 (Sold on 17 Nov 1995)
Flat
- The average price is around £112,100 median price is £75,000 Standard Deviation is £105,899 with Total Sold: 5
- The Last 5 Year average price is £317,500 with Total Sold: 1
- The most recent sale happened at this postcode is , 28 ALEXANDER WAY: £317,500 (Sold on 25 Aug 2022)
- The first recorded sale happened at this postcode is , 168 MEADOW WAY: £43,000 (Sold on 16 May 1997)
Other
- The average price is around £1,172,208 median price is £600,000 Standard Deviation is £1,886,466 with Total Sold: 18
- The Last 5 Year average price is £890,623 with Total Sold: 8
- The most recent sale happened at this postcode is , UNIT L7 CHERRYCOURT WAY: £1,590,000 (Sold on 17 Dec 2021)
- The first recorded sale happened at this postcode is , UNIT R CHERRYCOURT WAY: £705,000 (Sold on 28 Aug 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£371,130	£4,430	5
2023	£402,562	£3,644	12
2022	£386,925	£3,874	14
2021	£355,185	£3,957	62
2020	£344,475	£3,536	2
2019	£333,660	£3,584	23
2017	£150,000	£1,744	1
2015	£187,000	£2,149	1
2014	£125,000	£1,455	1
2010	£118,000	£1,505	1
2009	£144,000	£1,286	1
2007	£131,000	£1,671	1
2006	£140,500	£1,682	3
2005	£145,000	£1,295	1
2004	£115,495	£1,547	2
2003	£110,000	£1,019	1
2002	£112,375	£993	4
2001	£76,500		1
2000	£70,495	£947	2
1999	£53,475	£649	2
1998	£54,000		1
1995	£41,700	£532	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£295,143	£3,648	7
2022	£300,000	£3,128	2
2021	£235,875	£2,892	8
2020	£204,298	£2,495	12
2019	£300,018	£3,615	19
2018	£217,660	£2,612	6
2017	£225,833	£2,582	3
2016	£206,444	£2,322	9
2015	£153,236	£1,689	7
2014	£147,850	£1,946	7
2012	£119,200	£1,598	5
2011	£123,250	£1,287	4
2010	£120,500	£1,401	7
2009	£127,000	£1,580	3
2008	£140,250	£1,552	2
2007	£142,423	£1,626	13
2006	£136,167	£1,473	3
2005	£130,688	£1,412	8
2004	£118,885	£1,443	13
2003	£101,499	£1,311	8
2002	£97,999	£992	6
2001	£72,433	£856	6
2000	£66,267	£798	9
1999	£52,288	£662	12
1998	£50,950	£611	5
1997	£45,583	£500	6
1996	£45,488	£406	4
1995	£31,750	£363	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£540,000	£3,819	2
2022	£475,760	£4,420	5
2021	£455,746	£3,939	14
2020	£475,068	£3,369	11
2019	£513,569	£3,580	24
2017	£235,000	£2,701	1
2014	£169,000	£1,965	1
2008	£153,000	£1,779	1
2007	£143,000	£1,663	1
2005	£128,000		1
2004	£131,750	£1,532	2
2003	£105,000	£1,221	1
2001	£200,000		1
2000	£65,000	£756	1
1999	£43,000		1
1996	£28,000		1
1995	£43,000	£500	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£317,500		1
2013	£75,000	£1,172	1
1998	£100,000		1
1997	£34,000	£391	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£974,000		3
2020	£207,000		1
2019	£998,996	£3,171	4
2018	£720,000		2
2017	£2,245,952		5
2016	£300,000		2
2015	£705,000		1

House Type in LU7 3QN area

The most common house types in the LU7 3QN postcode area are Detached (43), Semi-detached (36), and Terraced (36).

Total	115
Detached	43
Semi-detached	36
Terraced	36
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 (84), and Shared ownership: Shared ownership (17).

Owned: Owns with a mortgage or loan	84
Shared ownership: Shared ownership	17
Owned: Owns outright	7
Private rented: Private landlord or letting agency	4
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LU7 3QN have 2 people in household (49), and 4 people in household (28).

2 people in household	49
4 people in household	28
3 people in household	27
1 person in household	6
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0