Housing Market Analysis for MELTON WALK, LU5 5QD

Are you looking to understand LU5 5QD 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 LU5 5QD area, explore the LU5 5QD Area information page.
For comprehensive crime statistics in the LU5 5QD area, explore the LU5 5QD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LU5 5QD postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £165,092 median price is £140,750 Standard Deviation is £97,940 with Total Sold: 8
    • The Last 5 Year average price is £320,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 19 MELTON WALK: £355,000 (Sold on 03 Jul 2023)
    • The first recorded sale happened at this postcode is 17 MELTON WALK: £58,000 (Sold on 01 Dec 1995)
  • Detached
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 MELTON WALK: £250,000 (Sold on 31 Aug 2016)
    • The first recorded sale happened at this postcode is 9 MELTON WALK: £250,000 (Sold on 31 Aug 2016)
  • Semi-Detached
    • The average price is around £145,247 median price is £91,995 Standard Deviation is £106,398 with Total Sold: 3
    • The Last 5 Year average price is £293,750 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MELTON WALK: £91,995 (Sold on 26 Jun 2002)
    • The first recorded sale happened at this postcode is 1 MELTON WALK: £293,750 (Sold on 15 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LU5 5QD 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£355,000 £4,080 1
2021£285,000 £3,032 1
2006£136,500 £1,452 1
2005£159,233 £1,797 1
2003£145,0001
2002£127,000 £1,351 1
1997£55,000 £621 1
1995£58,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£250,000 £2,822 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£91,995 £1,227 1
1997£49,9951
2024£293,7501

All the Sales in the MELTON WALK, LU5 5QD

See the table below for more details on the sold house prices in the LU5 5QD, Central Bedfordshire postcode.

AddressSold DatePrice% Change
19 MELTON WALKTerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196603 Jul 2023£355,000First Sale
3 MELTON WALKTerraced, FreeholdArea: 94 Sq.mtrAge: 1967-197505 Oct 2021£285,000108.79%
27 Oct 2006£136,5007.48%
06 Dec 2002£127,000First Sale
9 MELTON WALKDetached, FreeholdArea: 88.6 Sq.mtrAge: 1967-197531 Aug 2016£250,00057.00%
21 Apr 2005£159,233189.51%
22 Aug 1997£55,000First Sale
11 MELTON WALKTerraced, Freehold04 Feb 2003£145,000First Sale
1 MELTON WALKSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1976-198226 Jun 2002£91,995-68.68%
15 Jan 2024£293,750First Sale
5 MELTON WALKSemi-Detached, Freehold20 May 1997£49,995First Sale
17 MELTON WALKTerraced, Freehold01 Dec 1995£58,000First Sale

Check out the sold house prices near the LU5 5QD postcode. Properties currently for saleProperties currently for rent

MELTON WALK, LU5 5QD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LU5 5QD 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 LU5 5QD postcode.

  • Terraced
    • The average price is around £122,904 median price is £117,998 Standard Deviation is £69,398 with Total Sold: 914
    • The Last 5 Year average price is £241,098 with Total Sold: 132
    • The most recent sale happened at this postcode is , 11 ABBEY WALK: £265,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 52 FENWICK ROAD: £33,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £395,025 median price is £295,000 Standard Deviation is £344,734 with Total Sold: 8
    • The Last 5 Year average price is £369,314 with Total Sold: 7
    • The most recent sale happened at this postcode is , 01-Feb NEPTUNE SQUARE: £70,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 1 - 2 NEPTUNE SQUARE: £575,000 (Sold on 12 May 2014)
  • Semi-Detached
    • The average price is around £125,078 median price is £119,995 Standard Deviation is £74,539 with Total Sold: 290
    • The Last 5 Year average price is £261,746 with Total Sold: 34
    • The most recent sale happened at this postcode is , 166 TRIDENT DRIVE: £292,000 (Sold on 22 Apr 2024)
    • The first recorded sale happened at this postcode is , 87 HILLBOROUGH CRESCENT: £45,000 (Sold on 21 Jul 1995)
  • Flat
    • The average price is around £77,389 median price is £70,248 Standard Deviation is £39,324 with Total Sold: 118
    • The Last 5 Year average price is £122,046 with Total Sold: 13
    • The most recent sale happened at this postcode is , 22 CUMBRIA CLOSE: £65,000 (Sold on 16 Nov 2023)
    • The first recorded sale happened at this postcode is , 41 HINTON WALK: £16,000 (Sold on 15 May 1995)
  • Detached
    • The average price is around £153,178 median price is £136,500 Standard Deviation is £75,394 with Total Sold: 14
    • The Last 5 Year average price is £272,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 39 CUMBRIA CLOSE: £272,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , 19 CUMBRIA CLOSE: £39,500 (Sold on 11 Aug 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£237,000 £2,430 5
2023£265,192 £3,566 13
2022£263,842 £3,651 38
2021£238,019 £3,087 27
2020£223,938 £2,865 16
2019£216,878 £3,050 33
2018£217,731 £3,162 26
2017£208,025 £2,929 20
2016£188,568 £2,802 31
2015£162,521 £2,386 24
2014£137,613 £2,024 33
2013£121,480 £1,708 25
2012£118,500 £1,762 13
2011£120,469 £1,550 14
2010£121,769 £1,791 13
2009£127,667 £1,580 12
2008£136,999 £1,985 19
2007£134,087 £2,003 51
2006£121,227 £1,870 40
2005£124,424 £1,730 30
2004£116,748 £1,624 44
2003£105,389 £1,535 54
2002£82,239 £1,255 51
2001£66,449 £1,032 56
2000£59,449 £881 38
1999£47,866 £705 53
1998£44,594 £624 41
1997£41,140 £606 46
1996£35,665 £549 27
1995£36,904 £547 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£70,0001
2023£695,100 £2,900 2
2022£300,0001
2021£275,0003
2014£575,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£281,4384
2023£330,000 £4,521 1
2022£295,250 £3,386 8
2021£262,786 £3,357 7
2020£228,500 £3,199 7
2019£234,657 £2,553 7
2018£245,643 £3,028 7
2017£213,818 £2,744 11
2016£209,800 £2,895 10
2015£178,500 £2,325 2
2014£152,833 £1,842 3
2013£137,167 £1,601 6
2012£120,125 £1,313 4
2011£118,750 £1,819 2
2010£133,800 £1,545 5
2009£131,714 £1,839 7
2008£153,333 £1,658 3
2007£144,944 £1,923 9
2006£134,062 £1,779 16
2005£129,300 £1,669 15
2004£123,500 £1,669 15
2003£112,132 £1,437 17
2002£97,421 £1,268 21
2001£73,649 £939 10
2000£66,713 £860 21
1999£55,804 £695 15
1998£52,093 £641 21
1997£44,139 £633 20
1996£38,600 £456 10
1995£44,248 £586 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£88,000 £2,538 4
2021£167,400 £2,644 5
2019£99,400 £1,653 4
2018£125,000 £2,302 1
2017£114,667 £1,856 3
2016£108,750 £1,756 2
2015£87,817 £1,698 6
2014£81,332 £1,302 3
2013£63,500 £1,114 1
2011£52,500 £2,100 1
2010£89,0001
2009£63,125 £988 2
2008£95,500 £1,685 1
2007£128,929 £1,916 7
2006£94,278 £1,605 7
2005£89,750 £1,719 8
2004£81,499 £1,917 6
2003£95,025 £1,273 8
2002£62,179 £1,017 8
2001£55,545 £995 11
2000£48,400 £652 5
1999£38,099 £571 5
1998£35,609 £568 9
1997£24,883 £355 3
1996£29,000 £477 4
1995£26,500 £371 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£272,000 £4,610 1
2018£290,000 £4,394 1
2016£250,000 £2,822 1
2014£200,000 £2,222 1
2011£159,000 £2,695 1
2010£133,000 £2,015 1
2004£120,0001
2003£140,000 £2,373 1
2002£54,995 £932 1
2001£87,000 £1,318 1
1998£104,500 £653 2
1997£190,0001
1995£39,500 £598 1

House Type in LU5 5QD area

The most common house types in the LU5 5QD postcode area are Terraced (59), Semi-detached (45), and Detached (12).

Total118
Terraced59
Semi-detached45
Detached12
Flat2
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 (53), and Owned: Owns outright (42).

Owned: Owns with a mortgage or loan53
Owned: Owns outright42
Private rented: Private landlord or letting agency14
Social rented: Other social rented4
Private rented: Other private rented4
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the LU5 5QD have 2 people in household (34), and 3 people in household (29).

2 people in household34
3 people in household29
1 person in household25
4 people in household23
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0