Housing Market Analysis for COMMERCE WAY, LU7 4RW

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

Overview of Sold House prices

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

  • Other
    • The average price is around £591,667 median price is £600,000 Standard Deviation is £11,785 with Total Sold: 3
    • The Last 5 Year average price is £587,500 with Total Sold: 2
    • The most recent sale happened at this postcode is UNIT 3 COMMERCE WAY: £575,000 (Sold on 09 Dec 2019)
    • The first recorded sale happened at this postcode is INFINITY HOUSE, UNIT 11 COMMERCE WAY: £600,000 (Sold on 20 Mar 2017)
  • Semi-Detached
    • The average price is around £190,000 median price is £190,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 4 COMMERCE WAY: £190,000 (Sold on 04 Mar 2002)
    • The first recorded sale happened at this postcode is UNIT 4 COMMERCE WAY: £190,000 (Sold on 04 Mar 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LU7 4RW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£587,5002
2017£600,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£190,0001

All the Sales in the COMMERCE WAY, LU7 4RW

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

AddressSold DatePrice% Change
UNIT 3 COMMERCE WAYOther, Freehold09 Dec 2019£575,000First Sale
UNIT 2 COMMERCE WAYOther, Freehold20 Jun 2019£600,000First Sale
INFINITY HOUSE, UNIT 11 COMMERCE WAYOther, Freehold20 Mar 2017£600,000First Sale
UNIT 4 COMMERCE WAYSemi-Detached, Freehold04 Mar 2002£190,000First Sale

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

COMMERCE WAY, LU7 4RW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £249,742 median price is £243,725 Standard Deviation is £103,117 with Total Sold: 332
    • The Last 5 Year average price is £342,215 with Total Sold: 141
    • 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 , 120 MARLEY FIELDS: £59,500 (Sold on 05 Jan 1996)
  • Detached
    • The average price is around £276,284 median price is £256,000 Standard Deviation is £116,881 with Total Sold: 271
    • The Last 5 Year average price is £447,882 with Total Sold: 55
    • 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 , 188 MARLEY FIELDS: £95,000 (Sold on 30 Sep 1996)
  • Terraced
    • The average price is around £170,998 median price is £164,995 Standard Deviation is £66,420 with Total Sold: 322
    • The Last 5 Year average price is £282,684 with Total Sold: 35
    • The most recent sale happened at this postcode is , 65 NICOLSON DRIVE: £360,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 171 MEADOW WAY: £35,000 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £89,403 median price is £90,800 Standard Deviation is £42,202 with Total Sold: 96
    • The Last 5 Year average price is £125,092 with Total Sold: 12
    • The most recent sale happened at this postcode is , 114 MARLEY FIELDS: £135,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 90 MARLEY FIELDS: £40,000 (Sold on 02 Jun 1995)
  • Other
    • The average price is around £1,180,894 median price is £562,500 Standard Deviation is £2,183,338 with Total Sold: 26
    • The Last 5 Year average price is £585,107 with Total Sold: 14
    • The most recent sale happened at this postcode is , 91 LIDDELL WAY: £620,000 (Sold on 23 May 2022)
    • 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£327,521 £4,210 7
2023£398,684 £4,807 16
2022£333,393 £3,871 7
2021£345,422 £3,829 61
2020£328,806 £3,445 18
2019£320,552 £3,571 32
2018£309,304 £3,347 23
2017£212,500 £2,232 2
2016£257,488 £3,423 4
2015£227,590 £3,231 5
2014£196,449 £2,432 7
2013£247,000 £2,139 3
2012£202,361 £2,313 9
2011£169,000 £2,327 3
2010£192,767 £2,273 9
2009£173,299 £1,814 5
2008£175,099 £2,110 6
2007£216,399 £2,572 5
2006£182,265 £2,446 13
2005£151,958 £2,208 13
2004£185,142 £2,020 22
2003£156,127 £2,256 9
2002£143,865 £1,779 13
2001£113,550 £1,709 14
2000£105,015 £1,496 20
1999£74,975 £686 2
1998£54,0001
1997£67,0001
1996£61,250 £708 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£535,0003
2023£498,750 £4,225 4
2022£496,188 £4,432 8
2021£407,454 £3,964 11
2020£432,952 £3,730 21
2019£436,250 £3,404 8
2018£407,714 £3,590 7
2017£317,000 £3,843 4
2016£323,749 £3,567 4
2015£345,333 £3,242 6
2014£297,750 £2,348 8
2013£272,500 £2,524 3
2012£271,300 £2,352 5
2011£265,062 £6,911 8
2010£254,499 £2,359 9
2009£226,167 £2,395 3
2008£249,375 £2,498 4
2007£270,350 £2,453 10
2006£250,800 £2,347 13
2005£256,094 £2,118 13
2004£261,000 £2,319 28
2003£228,358 £2,163 12
2002£200,920 £1,865 32
2001£145,360 £1,515 24
2000£133,561 £1,488 14
1999£118,750 £1,293 2
1998£120,7502
1997£101,000 £1,110 4
1996£95,000 £1,044 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£361,0002
2023£305,000 £3,841 4
2022£287,875 £4,118 8
2021£260,591 £3,540 11
2020£302,600 £3,773 5
2019£253,890 £3,994 5
2018£246,611 £3,325 9
2017£247,421 £3,680 7
2016£227,778 £3,391 9
2015£191,100 £2,535 7
2014£189,167 £2,453 12
2013£193,333 £2,462 15
2012£149,000 £2,109 9
2011£169,842 £2,319 13
2010£142,527 £1,996 11
2009£150,944 £2,123 12
2008£169,000 £2,581 2
2007£176,152 £2,394 18
2006£168,794 £2,537 17
2005£159,737 £2,423 20
2004£159,814 £2,125 41
2003£154,431 £2,134 26
2002£120,181 £1,872 18
2001£98,154 £1,551 12
2000£91,843 £1,533 20
1999£51,5002
1998£52,750 £686 1
1997£48,000 £652 3
1996£49,995 £806 1
1995£31,000 £330 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0001
2023£80,500 £1,088 1
2022£171,875 £2,535 4
2021£90,600 £2,665 1
2020£125,000 £3,676 1
2019£95,625 £1,791 4
2018£117,500 £2,016 2
2017£138,000 £3,943 1
2016£116,333 £2,912 3
2015£110,625 £3,114 4
2014£112,800 £2,511 5
2012£100,000 £1,879 1
2011£96,250 £4,150 2
2010£105,000 £1,989 1
2009£104,750 £1,562 2
2008£99,000 £2,912 1
2007£124,000 £3,564 1
2006£111,417 £2,550 12
2004£113,850 £2,321 8
2003£94,175 £2,126 4
2002£70,643 £1,703 7
2001£62,599 £1,523 5
2000£59,000 £1,264 2
1999£42,800 £1,055 8
1998£56,792 £1,030 6
1997£36,067 £920 3
1996£27,938 £773 4
1995£35,000 £1,176 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£620,000 £4,026 1
2021£974,0003
2020£207,0001
2019£493,611 £1,632 9
2018£517,333 £1,167 3
2017£2,245,9525
2016£300,0002
2015£705,0001
2014£8,425,0001

House Type in LU7 4RW area

The most common house types in the LU7 4RW postcode area are Detached (72), Semi-detached (42), and Flat (23).

Total158
Detached72
Semi-detached42
Flat23
Terraced21
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 (86), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan86
Owned: Owns outright33
Private rented: Other private rented16
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership4
Social rented: Other social rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LU7 4RW have 2 people in household (52), and 1 person in household (40).

2 people in household52
1 person in household40
4 people in household35
3 people in household24
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0