Housing Market Analysis for WELDON RISE, MK5 8BW

Are you looking to understand MK5 8BW 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 Milton Keynes postcode.

For the location information and nearby amenities in the MK5 8BW area, explore the MK5 8BW Area information page.
For comprehensive crime statistics in the MK5 8BW area, explore the MK5 8BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK5 8BW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £462,833 median price is £412,500 Standard Deviation is £181,229 with Total Sold: 12
    • The Last 5 Year average price is £965,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 WELDON RISE: £965,000 (Sold on 05 Jul 2022)
    • The first recorded sale happened at this postcode is 4 WELDON RISE: £390,000 (Sold on 26 Jul 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 8BW 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
2022£965,000 £8,383 1
2017£550,000 £1,365 1
2010£518,748 £4,577 2
2005£480,000 £2,843 1
2003£430,000 £3,351 1
2002£150,0001
2000£388,300 £3,028 5

All the Sales in the WELDON RISE, MK5 8BW

See the table below for more details on the sold house prices in the MK5 8BW, Milton Keynes postcode.

AddressSold DatePrice% Change
5 WELDON RISEDetached, FreeholdArea: 115.11 Sq.mtrAge: 1996-200205 Jul 2022£965,00079.53%
27 Aug 2010£537,50044.88%
29 Sep 2000£371,000First Sale
6 WELDON RISEDetached, FreeholdArea: 403 Sq.mtr08 Nov 2017£550,000First Sale
1 WELDON RISEDetached, FreeholdArea: 111.48 Sq.mtrAge: 2003-200629 Jan 2010£499,99527.39%
18 Aug 2000£392,500First Sale
2 WELDON RISEDetached, FreeholdArea: 168.83 Sq.mtrAge: 1996-200225 May 2005£480,00022.14%
29 Sep 2000£393,000First Sale
4 WELDON RISEDetached, FreeholdArea: 128.33 Sq.mtrAge: 1996-200207 Jan 2003£430,00010.26%
26 Jul 2000£390,000First Sale
8 WELDON RISEDetached, Freehold02 Aug 2002£150,000First Sale
3 WELDON RISEDetached, Freehold22 Aug 2000£395,000First Sale

Check out the sold house prices near the MK5 8BW postcode. Properties currently for saleProperties currently for rent

WELDON RISE, MK5 8BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK5 8BW 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 MK5 8BW postcode.

  • Terraced
    • The average price is around £169,592 median price is £145,748 Standard Deviation is £102,036 with Total Sold: 86
    • The Last 5 Year average price is £339,667 with Total Sold: 9
    • The most recent sale happened at this postcode is , 4 HIGGS COURT: £325,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 4 PITCHER LANE: £49,000 (Sold on 09 May 1995)
  • Detached
    • The average price is around £387,648 median price is £317,750 Standard Deviation is £245,768 with Total Sold: 762
    • The Last 5 Year average price is £786,260 with Total Sold: 70
    • The most recent sale happened at this postcode is , 1 WHITWORTH LANE: £185,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 5 SCHOOL LANE: £90,000 (Sold on 16 Mar 1995)
  • Semi-Detached
    • The average price is around £198,807 median price is £172,248 Standard Deviation is £134,448 with Total Sold: 166
    • The Last 5 Year average price is £448,200 with Total Sold: 15
    • The most recent sale happened at this postcode is , 64 BRADWELL ROAD: £480,000 (Sold on 20 Mar 2024)
    • The first recorded sale happened at this postcode is , 11 HUTCHINGS CLOSE: £54,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £4,608,038 median price is £2,662,500 Standard Deviation is £4,683,398 with Total Sold: 8
    • The Last 5 Year average price is £515,000 with Total Sold: 2
    • The most recent sale happened at this postcode is UNIT 3A, 500 ELDER GATE: £600,000 (Sold on 20 Nov 2023)
    • The first recorded sale happened at this postcode is , PLANET ICE SOUTH ROW: £1,200,000 (Sold on 05 Jan 2016)
  • Flat
    • The average price is around £77,057 median price is £48,250 Standard Deviation is £82,029 with Total Sold: 36
    • The Last 5 Year average price is £128,633 with Total Sold: 6
    • The most recent sale happened at this postcode is , 11 HOMEWARD COURT: £82,000 (Sold on 21 Feb 2023)
    • The first recorded sale happened at this postcode is , 6 HOMEWARD COURT: £34,000 (Sold on 08 Dec 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£326,500 £4,373 2
2023£385,000 £4,973 2
2021£326,667 £4,468 3
2020£327,000 £4,955 2
2019£310,333 £3,340 3
2018£292,483 £4,053 3
2017£400,000 £4,823 1
2015£244,000 £3,632 4
2014£250,000 £3,731 1
2012£228,750 £3,260 2
2011£181,750 £2,363 4
2010£192,750 £2,991 4
2009£160,450 £2,108 4
2008£243,000 £3,182 2
2007£208,000 £3,050 1
2006£166,250 £2,202 4
2005£220,000 £1,880 1
2004£140,167 £1,945 3
2003£140,998 £2,036 2
2002£114,920 £1,319 5
2001£89,995 £1,364 1
2000£107,574 £1,302 6
1999£95,775 £1,207 8
1998£70,999 £986 4
1997£64,244 £717 8
1996£58,332 £757 3
1995£55,167 £695 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£715,000 £361 6
2023£778,653 £4,989 12
2022£972,923 £4,852 13
2021£769,913 £4,330 23
2020£690,525 £4,049 16
2019£744,469 £3,986 13
2018£686,291 £3,859 12
2017£650,105 £3,940 19
2016£657,115 £3,848 13
2015£683,718 £3,634 14
2014£492,225 £3,261 20
2013£515,633 £2,543 15
2012£443,850 £2,805 21
2011£408,735 £2,711 17
2010£453,185 £2,975 27
2009£490,298 £2,414 21
2008£358,088 £2,259 12
2007£438,694 £2,880 28
2006£377,996 £2,380 30
2005£372,143 £2,408 21
2004£360,182 £2,380 27
2003£330,049 £2,044 65
2002£294,794 £1,937 32
2001£249,957 £1,504 54
2000£259,905 £1,581 67
1999£194,890 £1,182 44
1998£161,207 £1,034 58
1997£173,428 £1,005 39
1996£151,622 £847 18
1995£182,6005
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£455,000 £3,297 1
2022£432,875 £5,134 4
2021£462,062 £4,378 8
2020£360,000 £4,176 1
2019£304,799 £4,050 5
2018£383,750 £4,175 2
2017£361,200 £4,209 5
2016£433,000 £4,054 4
2015£260,999 £3,853 5
2014£251,500 £3,472 2
2013£252,938 £2,607 8
2012£275,000 £2,677 2
2011£245,500 £2,507 4
2010£230,000 £2,546 3
2009£195,665 £2,694 3
2008£175,500 £1,944 2
2007£226,875 £2,685 4
2006£195,500 £2,724 8
2005£202,333 £1,954 6
2004£184,707 £2,257 7
2003£178,659 £2,125 14
2002£135,748 £1,902 6
2001£105,666 £1,248 9
2000£110,403 £1,244 14
1999£92,056 £1,176 7
1998£75,332 £826 6
1997£61,770 £863 12
1996£63,249 £637 8
1995£64,699 £613 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£600,0001
2022£430,0001
2019£9,753,4002
2018£2,5001
2017£7,562,5002
2016£1,200,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£82,000 £1,822 1
2022£195,800 £4,450 1
2021£108,000 £2,457 3
2020£170,000 £4,146 1
2016£185,000 £3,700 1
2014£120,000 £2,927 1
2013£60,000 £1,224 1
2010£82,750 £1,802 2
2009£44,500 £1,009 2
2008£58,000 £1,289 1
2007£99,667 £2,202 3
2006£48,000 £980 1
2005£184,667 £6,239 3
2003£42,000 £979 2
2001£27,000 £629 4
2000£29,200 £650 5
1999£20,000 £500 1
1998£15,880 £346 2
1997£34,000 £680 1

House Type in MK5 8BW area

The most common house types in the MK5 8BW postcode area are Detached (137), Terraced (21), and Semi-detached (18).

Total179
Detached137
Terraced21
Semi-detached18
Flat3
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 (89), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan89
Owned: Owns outright50
Private rented: Private landlord or letting agency37
Private rented: Other private rented4
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0

Number of People in a Household

The most houses in the MK5 8BW have 2 people in household (53), and 4 people in household (52).

2 people in household53
4 people in household52
3 people in household34
1 person in household17
5 people in household13
6 people in household5
8 or more people in household3
7 people in household1
0 people in household0