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Houghton Regis House Prices Houghton Regis House Prices

The average house price in Houghton Regis is £319,714 using HM Land Registry data.

The average property price increased by £110,427 (42.83%) over the last 5 years and increased by £22,070 (6.38%) over the last 12 months.

Over the last year, there were 146 residential property sales – a decrease of 334 transactions (-228.77%) relative to the previous year. The majority of house sales (51) were in the £272,000 - £314,000 range. Then came properties in the £314,000 - £356,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,068 (-2%).

In April 2024, there were 67 new estate agency instructions, 33 agreed home sales and 27 property price reductions.

Neighbouring Areas: Luton, Dunstable

Postcodes Covered: LU5, LU6

5-Year Average Property Prices in Houghton Regis

42.83%

Property prices in Houghton Regis increased by 42.83% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Houghton Regis Over the Last Year

6.38%

Property prices in Houghton Regis increased by 6.38% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Houghton Regis - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Houghton Regis

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Houghton Regis

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Houghton Regis

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Houghton Regis since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Houghton Regis area since 1995.

Recent Property Sales in Houghton Regis

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Borders Way, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5JU£270,000£270,000£0002 Oct 202314 Feb 2024135 Days
46 Thornhill Close, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5SG£300,000£292,000-£8,00003 Nov 202331 Jan 202489 Days
4 Farm Close, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5EG£365,000£360,000-£5,00020 Oct 202326 Jan 202498 Days
32 Cemetery Road, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5DA£350,000£320,000-£30,00011 Aug 202326 Jan 2024168 Days
24 Fenwick Road, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5RP£240,000£235,000-£5,00010 Aug 202315 Dec 2023127 Days
5 Evans Close, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5TF£275,000£267,500-£7,50030 Apr 202329 Nov 2023213 Days
3 Thornhill Close, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5SG£275,000£270,000-£5,00008 Jun 202316 Nov 2023161 Days
25 Westminster Gardens, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5RT£290,000£285,000-£5,00006 Apr 202303 Nov 2023211 Days
4 Longbrooke, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5QX£300,000£297,500-£2,50005 May 202302 Nov 2023181 Days
49 Tennyson Avenue, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5UQ£275,000£270,000-£5,00019 Apr 202326 Oct 2023190 Days
26 Dolphin Drive, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5QE£275,000£260,000-£15,00029 Nov 202219 Oct 2023324 Days
55 Manor Park, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5BU£325,000£325,000£0022 Jul 202318 Oct 202388 Days
9 Dunstable Road, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5DB£325,000£320,000-£5,00023 May 202312 Oct 2023142 Days
91 Longbrooke, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5QY£400,000£400,000£0010 May 202310 Oct 2023153 Days
114 Elm Park Close, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5PW£260,000£255,000-£5,00013 Feb 202304 Oct 2023233 Days
49 Millers Way, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5FH£450,000£430,000-£20,00013 Apr 202329 Sep 2023169 Days
21 Clarkes Way, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5EN£290,000£275,000-£15,00027 Apr 202321 Sep 2023147 Days
23 Manor Park, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5BU£320,000£317,500-£2,50003 May 202320 Sep 2023140 Days
13 Manor Park, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5BU£400,000£400,000£0026 Jul 202320 Sep 202356 Days
12 Bloomsbury Gardens, Houghton Regis, Dunstable, Central Bedfordshire, LU5 5RH£315,000£312,000-£3,00028 Jun 202314 Sep 202378 Days

Most Expensive Streets in Houghton Regis

PostcodeStreetAreaAverageNo. of Sales
LU5 6JSBidwell Farm BarnsBedford Road£703,3333
LU5 6TESkye GardensHoughton Regis£520,8389
LU5 6SDCowslip FieldHoughton Regis£509,9955
LU5 6SFTeasel CrescentHoughton Regis£482,4399
LU5 6TDSkye GardensHoughton Regis£478,87626
LU5 6SEKingcup MeadowHoughton Regis£477,4409
LU5 6GQTiber MeadowHoughton Regis£463,28212
LU5 6TNAiredale GardensHoughton Regis£439,78324
LU5 6GXMinerva MeadowHoughton Regis£436,05219
LU5 5FHMillers WayHoughton Regis£435,2005

Least Expensive Streets in Houghton Regis

PostcodeStreetAreaAverageNo. of Sales
LU5 5SJLowry DriveHoughton Regis£175,6005
LU5 5UGTennyson AvenueHoughton Regis£180,37512
LU5 5GDHampton PlaceRichmond Drive£184,9287
LU5 5TSBrookfield AvenueHoughton Regis£188,7504
LU5 5RANewbury RoadHoughton Regis£195,5004
LU5 5RYCumbria CloseHoughton Regis£196,6878
LU5 5JWRecreation RoadHoughton Regis£205,5004
LU5 5TFEvans CloseHoughton Regis£211,5836
LU5 5NUHillborough CrescentHoughton Regis£214,6663
LU5 5SSNash CloseHoughton Regis£215,2508

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