Housing Market Analysis for TERN DRIVE, LU7 4BZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £348,750 median price is £320,000 Standard Deviation is £87,919 with Total Sold: 4
    • The Last 5 Year average price is £495,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 TERN DRIVE: £495,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is 3 TERN DRIVE: £260,000 (Sold on 28 Jun 2013)
  • Semi-Detached
    • The average price is around £286,667 median price is £250,000 Standard Deviation is £51,854 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 TERN DRIVE: £360,000 (Sold on 19 Apr 2017)
    • The first recorded sale happened at this postcode is 9 TERN DRIVE: £250,000 (Sold on 18 Oct 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average LU7 4BZ 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
2024£495,000 £3,113 1
2013£300,000 £3,757 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£360,000 £2,835 1
2013£250,000 £1,969 2

All the Sales in the TERN DRIVE, LU7 4BZ

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

AddressSold DatePrice% Change
5 TERN DRIVEDetached, FreeholdArea: 159 Sq.mtrAge: 2007-201126 Jan 2024£495,00054.69%
25 Jul 2013£320,000First Sale
9 TERN DRIVESemi-Detached, FreeholdArea: 127 Sq.mtr19 Apr 2017£360,00044.00%
18 Oct 2013£250,000First Sale
7 TERN DRIVESemi-Detached, FreeholdArea: 127 Sq.mtr18 Oct 2013£250,000First Sale
1 TERN DRIVEDetached, FreeholdArea: 61.39 Sq.mtr28 Jun 2013£320,000First Sale
3 TERN DRIVEDetached, FreeholdArea: 64.28 Sq.mtr28 Jun 2013£260,000First Sale

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

TERN DRIVE, LU7 4BZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £216,091 median price is £211,500 Standard Deviation is £68,549 with Total Sold: 1,174
    • The Last 5 Year average price is £300,797 with Total Sold: 190
    • 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 , 27 GIBSON DRIVE: £94,995 (Sold on 12 Dec 2000)
  • Detached
    • The average price is around £273,783 median price is £264,475 Standard Deviation is £93,684 with Total Sold: 576
    • The Last 5 Year average price is £418,939 with Total Sold: 68
    • The most recent sale happened at this postcode is , 64 GIBSON DRIVE: £55,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 NICOLSON DRIVE: £133,950 (Sold on 25 Aug 2000)
  • Flat
    • The average price is around £157,229 median price is £155,500 Standard Deviation is £40,026 with Total Sold: 302
    • The Last 5 Year average price is £174,546 with Total Sold: 71
    • 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 , 83 PALMER CRESCENT: £119,950 (Sold on 19 Dec 2003)
  • Semi-Detached
    • The average price is around £236,742 median price is £229,950 Standard Deviation is £67,707 with Total Sold: 576
    • The Last 5 Year average price is £313,321 with Total Sold: 116
    • The most recent sale happened at this postcode is , 1 NICOLSON DRIVE: £375,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 1 NICOLSON DRIVE: £114,450 (Sold on 11 Aug 2000)
  • Other
    • The average price is around £250,559 median price is £270,000 Standard Deviation is £146,707 with Total Sold: 21
    • The Last 5 Year average price is £232,615 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 , 9 DIMMOCK CLOSE: £10,290 (Sold on 07 Nov 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£341,821 £4,627 10
2023£316,233 £3,709 24
2022£335,568 £3,971 37
2021£293,330 £3,364 47
2020£283,953 £3,317 32
2019£271,366 £3,752 40
2018£268,561 £3,679 33
2017£273,252 £3,313 63
2016£273,512 £3,066 60
2015£233,296 £2,749 61
2014£217,483 £3,075 61
2013£195,078 £2,847 62
2012£186,065 £2,551 70
2011£188,289 £2,253 48
2010£191,736 £2,172 33
2009£172,390 £2,123 24
2008£196,274 £2,450 29
2007£220,525 £2,489 115
2006£185,255 £2,449 77
2005£171,138 £2,416 45
2004£162,218 £2,135 64
2003£162,693 £2,255 48
2002£125,652 £1,893 47
2001£111,131 £1,704 40
2000£92,995 £1,498 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£412,857 £3,844 7
2023£449,050 £4,248 10
2022£517,214 £4,820 7
2021£422,094 £3,634 16
2020£374,743 £3,932 20
2019£404,812 £3,795 8
2018£405,545 £3,416 20
2017£374,076 £3,530 19
2016£351,668 £3,154 17
2015£325,301 £3,062 29
2014£305,757 £3,080 27
2013£275,555 £2,847 20
2012£276,096 £2,974 41
2011£264,162 £4,529 24
2010£243,864 £2,653 11
2009£243,530 £2,060 15
2008£268,666 £2,301 18
2007£259,550 £2,551 21
2006£264,095 £2,387 30
2005£263,009 £2,390 11
2004£256,991 £2,324 39
2003£220,109 £2,178 22
2002£192,422 £1,751 57
2001£160,360 £1,626 85
2000£126,450 £1,244 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,7005
2023£197,083 £3,803 6
2022£197,500 £3,494 15
2021£173,325 £3,094 22
2020£137,683 £2,599 12
2019£161,264 £2,878 11
2018£186,788 £3,306 12
2017£185,693 £3,200 23
2016£178,211 £3,023 28
2015£155,833 £2,857 15
2014£144,770 £2,538 20
2013£125,688 £2,388 16
2012£131,406 £2,288 22
2011£117,290 £3,217 5
2010£138,119 £2,413 13
2009£124,350 £1,910 4
2008£118,732 £2,243 14
2007£162,854 £3,029 31
2006£137,658 £2,704 21
2005£141,662 £2,787 3
2004£142,450 £2,338 3
2003£119,950 £2,448 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,0836
2023£305,062 £3,675 8
2022£345,891 £3,889 16
2021£301,690 £3,315 21
2020£317,315 £3,312 27
2019£306,711 £3,535 38
2018£303,674 £3,426 25
2017£284,533 £3,574 30
2016£297,567 £2,900 29
2015£245,900 £3,046 25
2014£222,213 £2,412 23
2013£228,015 £2,189 17
2012£209,413 £2,268 37
2011£195,750 £2,157 25
2010£214,900 £2,214 12
2009£217,821 £1,997 21
2008£211,672 £2,179 17
2007£229,419 £2,560 44
2006£208,175 £2,471 34
2005£175,613 £2,306 15
2004£190,103 £1,945 29
2003£180,103 £2,205 28
2002£148,471 £2,027 16
2001£122,562 £1,678 28
2000£112,650 £1,553 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£359,5002
2022£350,0001
2021£313,667 £3,268 3
2019£144,857 £1,802 7
2018£269,000 £4,138 2
2017£411,483 £9,468 3
2016£227,5002
2014£10,290 £196 1

House Type in LU7 4BZ area

The most common house types in the LU7 4BZ postcode area are Detached (43), Terraced (17), and Semi-detached (12).

Total76
Detached43
Terraced17
Semi-detached12
Flat3
commercial building1
Shared house0
converted 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 (39), and Owned: Owns outright (16).

Owned: Owns with a mortgage or loan39
Owned: Owns outright16
Private rented: Private landlord or letting agency12
Social rented: Other social rented9
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LU7 4BZ have 2 people in household (20), and 3 people in household (20).

2 people in household20
3 people in household20
1 person in household19
4 people in household13
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0