House prices in LU5 5 (Houghton Regis)

This article reveals price per square metre data and various charts to help you understand current housing market in 'LU5 5' (Houghton Regis) - statistics were last calculated on 30 August 2024.

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Defining 'LU5 5'

This analysis is limited to properties whose postcode starts with "LU5 5", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Houghton Regis.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Houghton Regis is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 20, Leaside, Houghton Regis, sold for £190,000 on Jul-2024. Given the internal area of 49 square metres, the price per sqm is £3,877.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 259 sales in Houghton Regis (LU5 5) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Houghton Regis (LU5 5). Of the 259 transactions, half were sold for between £3,350 and £4,410 per square metre. The median, or 'middle', price per square metre in 'LU5 5' is £3,840. Notably, only 25% of properties that sold recently were valued at more than £4,410 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Houghton Regis

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Houghton Regis. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Houghton Regis

Comparison with neighbouring postcode sectors

The table below shows how 'LU5 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
LU5 5 Houghton Regis	£3,350 sqm	£3,840 sqm	£4,410 sqm
LU5 6 Toddington	£3,740 sqm	£4,310 sqm	£4,900 sqm
LU5 4 Dunstable	£3,220 sqm	£3,760 sqm	£4,380 sqm

Will Houghton Regis house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for LU5 5 (Houghton Regis) compared with both the wider area LU5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Houghton Regis to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Houghton Regis and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Cemetery Road, Houghton Regis, LU5 5D	63 sqm	£3,723	37
Milton Way, Houghton Regis, LU5 5U	64 sqm	£4,108	24
Douglas Crescent, Houghton Regis, LU5 5A	100 sqm	£3,681	20
Longbrooke, Houghton Regis, LU5 5Q	57 sqm	£4,457	20
Halleys Way, Houghton Regis, LU5 5H	67 sqm	£3,970	18
Churchfield Road, Houghton Regis, LU5 5H	77 sqm	£3,363	18
Tennyson Avenue, Houghton Regis, LU5 5U	68 sqm	£3,651	17
St Michaels Avenue, Houghton Regis, LU5 5D	90 sqm	£3,300	16

Search for your street here.

Raw data

Our analysis of Houghton Regis is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
20, Leaside, Houghton Regis	£190,000 Jul-2024	49	3,877
98, Westminster Gardens, Houghton Regis	£310,000 Jul-2024	100	3,100
73, Cemetery Rd, Houghton Regis	£290,000 Jun-2024	60	4,833

See the entire list of all sales in Houghton Regis (LU5 5) here.