Housing Market Analysis for NICOLSON DRIVE, LU7 4AR

Are you looking to understand LU7 4AR 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 4AR area, explore the LU7 4AR Area information page.
For comprehensive crime statistics in the LU7 4AR area, explore the LU7 4AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU7 4AR postcode area, The average prices are as follows,

  • Detached
    • The average price is around £276,862 median price is £272,500 Standard Deviation is £82,560 with Total Sold: 12
    • The Last 5 Year average price is £430,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 132 NICOLSON DRIVE: £492,500 (Sold on 09 Dec 2022)
    • The first recorded sale happened at this postcode is 120 NICOLSON DRIVE: £189,950 (Sold on 03 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LU7 4AR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£492,500 £3,262 1
2021£367,500 £3,467 1
2014£280,250 £2,682 2
2011£264,0001
2008£280,0001
2007£270,000 £2,586 2
2006£265,0001
2002£199,950 £1,324 1
2001£176,450 £1,537 2

All the Sales in the NICOLSON DRIVE, LU7 4AR

See the table below for more details on the sold house prices in the LU7 4AR, Central Bedfordshire postcode.

AddressSold DatePrice% Change
132 NICOLSON DRIVEDetached, FreeholdArea: 151 Sq.mtrAge: 1996-200209 Dec 2022£492,500146.31%
30 Aug 2002£199,950First Sale
122 NICOLSON DRIVEDetached, FreeholdArea: 106 Sq.mtrAge: 1996-200219 Apr 2021£367,50031.02%
08 Aug 2014£280,5007.88%
15 Jan 2007£260,00059.56%
28 Sep 2001£162,950First Sale
130 NICOLSON DRIVEDetached, FreeholdArea: 103 Sq.mtrAge: 1996-200217 Apr 2014£280,0000.0
28 Mar 2007£280,000First Sale
120 NICOLSON DRIVEDetached, Freehold24 Oct 2011£264,000-5.71%
04 Apr 2008£280,0005.66%
01 Sep 2006£265,00039.51%
03 Aug 2001£189,950First Sale

Check out the sold house prices near the LU7 4AR postcode. Properties currently for saleProperties currently for rent

NICOLSON DRIVE, LU7 4AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU7 4AR 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 4AR postcode.

  • Semi-Detached
    • The average price is around £217,838 median price is £210,667 Standard Deviation is £79,226 with Total Sold: 735
    • The Last 5 Year average price is £318,088 with Total Sold: 148
    • The most recent sale happened at this postcode is , 20 CHESHIRE RISE: £112,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 40 THE CHILTERNS: £89,500 (Sold on 12 Sep 1995)
  • Terraced
    • The average price is around £201,354 median price is £192,000 Standard Deviation is £71,436 with Total Sold: 1,321
    • The Last 5 Year average price is £300,656 with Total Sold: 200
    • The most recent sale happened at this postcode is , 37 GARLAND WAY: £280,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 19 THE CHILTERNS: £53,000 (Sold on 30 Sep 1996)
  • Detached
    • The average price is around £258,458 median price is £248,475 Standard Deviation is £103,644 with Total Sold: 662
    • The Last 5 Year average price is £429,594 with Total Sold: 90
    • The most recent sale happened at this postcode is , 3 CRUICKSHANK MEAD: £575,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 42 THE CHILTERNS: £105,500 (Sold on 06 Oct 1995)
  • Flat
    • The average price is around £147,833 median price is £149,998 Standard Deviation is £39,350 with Total Sold: 216
    • The Last 5 Year average price is £158,618 with Total Sold: 53
    • The most recent sale happened at this postcode is , 22 OSPREY DRIVE: £194,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 71 ROUNDEL DRIVE: £100,000 (Sold on 05 Jul 2002)
  • Other
    • The average price is around £694,714 median price is £339,000 Standard Deviation is £1,737,825 with Total Sold: 21
    • The Last 5 Year average price is £301,308 with Total Sold: 13
    • The most recent sale happened at this postcode is PARKING SPACE, 24 NICOLSON DRIVE: £380,000 (Sold on 04 Aug 2023)
    • The first recorded sale happened at this postcode is , ROYAL AIR FORCE STANBRIDGE ROAD: £8,425,000 (Sold on 28 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£299,200 £4,210 10
2023£332,050 £3,706 10
2022£351,103 £3,991 17
2021£315,894 £3,334 26
2020£314,729 £3,384 35
2019£311,340 £3,492 50
2018£307,135 £3,370 37
2017£302,999 £3,340 9
2016£265,230 £3,095 15
2015£253,450 £2,942 21
2014£216,022 £2,553 28
2013£229,264 £2,201 18
2012£204,301 £2,268 35
2011£192,324 £2,188 27
2010£206,743 £2,276 23
2009£209,760 £2,000 24
2008£206,179 £2,271 22
2007£226,655 £2,512 43
2006£200,486 £2,487 36
2005£166,404 £2,346 27
2004£186,951 £2,100 42
2003£172,232 £2,266 39
2002£142,083 £1,877 45
2001£119,533 £1,678 44
2000£109,766 £1,525 32
1999£99,000 £1,375 4
1997£92,580 £1,163 5
1996£64,106 £942 8
1995£78,3333
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£319,821 £4,627 10
2023£326,824 £3,917 25
2022£333,530 £4,175 33
2021£298,478 £3,538 52
2020£280,770 £3,469 37
2019£275,503 £3,780 43
2018£273,941 £3,823 34
2017£276,956 £3,371 47
2016£264,408 £3,207 57
2015£238,596 £2,896 48
2014£219,109 £2,546 59
2013£197,651 £2,895 65
2012£185,522 £2,597 71
2011£194,099 £2,341 49
2010£194,794 £2,237 35
2009£163,654 £2,247 27
2008£195,598 £2,412 25
2007£213,952 £2,505 100
2006£175,027 £2,475 88
2005£163,208 £2,382 42
2004£158,129 £2,168 95
2003£156,731 £2,255 67
2002£123,464 £1,877 66
2001£107,362 £1,634 92
2000£97,423 £1,522 53
1996£53,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£433,667 £3,844 9
2023£460,278 £4,377 9
2022£513,050 £4,642 10
2021£411,469 £3,783 16
2020£409,047 £3,776 32
2019£415,321 £3,652 14
2018£404,267 £3,548 15
2017£380,917 £3,629 12
2016£344,550 £3,369 10
2015£319,261 £3,239 22
2014£302,442 £3,167 26
2013£274,516 £2,952 19
2012£272,557 £3,146 34
2011£261,312 £4,704 24
2010£251,363 £2,609 11
2009£241,309 £2,092 16
2008£260,047 £2,326 21
2007£257,787 £2,500 23
2006£248,942 £2,419 28
2005£254,772 £2,241 21
2004£249,677 £2,320 49
2003£216,681 £2,184 27
2002£186,794 £1,753 74
2001£158,894 £1,623 100
2000£135,688 £1,505 17
1999£120,000 £1,387 2
1998£105,9752
1997£98,967 £1,025 6
1996£94,245 £996 11
1995£95,750 £1,072 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,7005
2023£167,600 £3,266 5
2022£193,250 £3,262 8
2021£167,259 £3,131 16
2020£100,900 £2,005 8
2019£139,173 £2,407 11
2018£143,492 £2,653 6
2017£177,911 £3,181 17
2016£166,261 £2,874 14
2015£153,350 £2,777 10
2014£137,958 £2,549 13
2013£125,688 £2,388 16
2012£129,997 £2,290 19
2011£115,362 £3,384 4
2010£138,119 £2,413 13
2009£124,350 £1,910 4
2008£115,865 £2,145 13
2007£164,621 £3,014 26
2006£105,333 £2,592 3
2004£142,450 £2,338 3
2003£119,950 £2,448 1
2002£100,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£359,5002
2022£485,000 £4,026 2
2019£247,556 £1,632 9
2018£112,000 £1,167 1
2017£437,500 £7,250 2
2016£295,0003
2014£4,400,0002

House Type in LU7 4AR area

The most common house types in the LU7 4AR postcode area are Detached (45), Semi-detached (31), and Terraced (18).

Total94
Detached45
Semi-detached31
Terraced18
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (60), and Owned: Owns outright (25).

Owned: Owns with a mortgage or loan60
Owned: Owns outright25
Private rented: Private landlord or letting agency9
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LU7 4AR have 2 people in household (34), and 4 people in household (25).

2 people in household34
4 people in household25
3 people in household19
1 person in household10
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0