Housing Market Analysis for MELBOURNE CLOSE, SG5 4LB

Are you looking to understand SG5 4LB 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 SG5 4LB area, explore the SG5 4LB Area information page.
For comprehensive crime statistics in the SG5 4LB area, explore the SG5 4LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SG5 4LB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £179,534 median price is £166,000 Standard Deviation is £101,426 with Total Sold: 26
    • The Last 5 Year average price is £297,600 with Total Sold: 5
    • The most recent sale happened at this postcode is 14 MELBOURNE CLOSE: £345,000 (Sold on 30 Aug 2023)
    • The first recorded sale happened at this postcode is 15 MELBOURNE CLOSE: £47,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £247,500 median price is £247,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £247,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 MELBOURNE CLOSE: £247,500 (Sold on 30 Oct 2019)
    • The first recorded sale happened at this postcode is 19 MELBOURNE CLOSE: £247,500 (Sold on 30 Oct 2019)
  • Semi-Detached
    • The average price is around £119,700 median price is £114,000 Standard Deviation is £49,116 with Total Sold: 5
    • The most recent sale happened at this postcode is 7 MELBOURNE CLOSE: £175,000 (Sold on 10 Nov 2011)
    • The first recorded sale happened at this postcode is 1 MELBOURNE CLOSE: £60,000 (Sold on 26 Aug 1997)
  • Detached
    • The average price is around £134,000 median price is £134,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 MELBOURNE CLOSE: £134,000 (Sold on 24 Sep 2004)
    • The first recorded sale happened at this postcode is 21 MELBOURNE CLOSE: £134,000 (Sold on 24 Sep 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average SG5 4LB 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£345,000 £4,312 1
2022£327,000 £5,062 1
2021£306,000 £4,112 2
2020£204,000 £2,873 1
2018£309,667 £4,232 3
2016£235,000 £3,219 1
2015£196,998 £2,668 2
2014£237,000 £2,663 1
2013£162,000 £1,952 1
2012£135,000 £2,090 1
2006£160,000 £2,057 2
2003£138,0001
2002£129,975 £1,497 2
1999£69,000 £984 1
1997£57,975 £882 2
1996£60,0001
1995£41,667 £451 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£247,500 £2,982 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£175,000 £2,033 1
2005£176,500 £2,050 1
2001£114,000 £1,324 1
1998£73,000 £848 1
1997£60,000 £833 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£134,0001

All the Sales in the MELBOURNE CLOSE, SG5 4LB

See the table below for more details on the sold house prices in the SG5 4LB, Central Bedfordshire postcode.

AddressSold DatePrice% Change
14 MELBOURNE CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-197530 Aug 2023£345,000First Sale
6 MELBOURNE CLOSETerraced, FreeholdArea: 64.6 Sq.mtrAge: 1950-196629 Nov 2022£327,00018.05%
14 Dec 2018£277,000105.19%
18 Apr 2012£135,000First Sale
22 MELBOURNE CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1950-196613 Dec 2021£335,0007.37%
27 Sep 2018£312,00056.00%
28 Aug 2015£199,995233.60%
01 Jul 1997£59,950First Sale
5 MELBOURNE CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197506 Jan 2021£277,00084.67%
30 Jun 2006£150,00036.36%
12 Apr 2002£110,000First Sale
20 MELBOURNE CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-197511 Sep 2020£204,000First Sale
19 MELBOURNE CLOSEOther, FreeholdArea: 83 Sq.mtrAge: 1967-197530 Oct 2019£247,500First Sale
17 MELBOURNE CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196613 Aug 2018£340,00043.46%
28 Nov 2014£237,00058.05%
13 Dec 2002£149,950First Sale
3 MELBOURNE CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1950-196604 Mar 2016£235,00038.24%
10 Jul 2006£170,000First Sale
2 MELBOURNE CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-197503 Aug 2015£194,000First Sale
16 MELBOURNE CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197518 Feb 2013£162,000First Sale
7 MELBOURNE CLOSESemi-Detached, FreeholdArea: 86.1 Sq.mtrAge: 1967-197510 Nov 2011£175,000-0.85%
12 Dec 2005£176,50054.82%
26 Oct 2001£114,00056.16%
11 Dec 1998£73,000First Sale
21 MELBOURNE CLOSEDetached, Freehold24 Sep 2004£134,000First Sale
4 MELBOURNE CLOSETerraced, Freehold14 Oct 2003£138,000146.43%
19 Dec 1997£56,000First Sale
12 MELBOURNE CLOSETerraced, FreeholdArea: 70.1 Sq.mtrAge: 1950-196626 Apr 1999£69,000First Sale
1 MELBOURNE CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-197526 Aug 1997£60,000First Sale
13 MELBOURNE CLOSETerraced, Freehold28 Mar 1996£60,000First Sale
11 MELBOURNE CLOSETerraced, FreeholdArea: 104 Sq.mtrAge: 1950-196628 Nov 1995£24,000First Sale
8 MELBOURNE CLOSETerraced, Freehold13 Oct 1995£54,000First Sale
15 MELBOURNE CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-197530 Jun 1995£47,000First Sale

Check out the sold house prices near the SG5 4LB postcode. Properties currently for saleProperties currently for rent

MELBOURNE CLOSE, SG5 4LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SG5 4LB 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 SG5 4LB postcode.

  • Semi-Detached
    • The average price is around £226,085 median price is £220,000 Standard Deviation is £116,407 with Total Sold: 949
    • The Last 5 Year average price is £379,828 with Total Sold: 158
    • The most recent sale happened at this postcode is , 33 THE MIXIES: £450,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 24 THE MIXIES: £53,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £111,824 median price is £111,500 Standard Deviation is £53,544 with Total Sold: 218
    • The Last 5 Year average price is £176,015 with Total Sold: 37
    • The most recent sale happened at this postcode is 2, STOTFOLD HOUSE MEADOW WAY: £205,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 32 WYCKLOND CLOSE: £37,900 (Sold on 08 Feb 1995)
  • Detached
    • The average price is around £288,704 median price is £275,000 Standard Deviation is £138,606 with Total Sold: 1,046
    • The Last 5 Year average price is £470,818 with Total Sold: 157
    • The most recent sale happened at this postcode is , 4 CHAPEL PLACE: £520,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 41 ROOK TREE LANE: £85,000 (Sold on 17 Jan 1995)
  • Terraced
    • The average price is around £187,152 median price is £180,000 Standard Deviation is £97,825 with Total Sold: 672
    • The Last 5 Year average price is £297,845 with Total Sold: 105
    • The most recent sale happened at this postcode is , 19 CHURCH ROAD: £335,000 (Sold on 22 May 2024)
    • The first recorded sale happened at this postcode is , 5A CHURCH ROAD: £54,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £591,452 median price is £425,000 Standard Deviation is £411,252 with Total Sold: 21
    • The Last 5 Year average price is £464,679 with Total Sold: 14
    • The most recent sale happened at this postcode is , 59 HIGH STREET: £115,000 (Sold on 08 Mar 2022)
    • The first recorded sale happened at this postcode is , 70 HIGH STREET: £1,430,000 (Sold on 15 Jan 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£404,150 £4,284 10
2023£425,140 £4,314 21
2022£424,098 £4,607 23
2021£376,855 £4,016 52
2020£328,688 £3,515 25
2019£350,944 £3,546 27
2018£327,533 £3,590 38
2017£350,654 £3,667 52
2016£335,709 £3,394 21
2015£248,274 £3,050 27
2014£262,692 £3,006 45
2013£237,487 £2,620 43
2012£221,184 £2,433 34
2011£217,063 £2,332 42
2010£219,112 £2,311 40
2009£203,402 £2,219 37
2008£219,097 £2,388 17
2007£212,572 £2,467 24
2006£206,386 £1,962 33
2005£204,088 £2,091 29
2004£172,511 £2,101 23
2003£170,579 £2,040 33
2002£153,990 £1,619 31
2001£123,355 £1,333 44
2000£101,944 £1,235 32
1999£88,074 £869 27
1998£74,565 £1,009 36
1997£75,750 £791 29
1996£61,365 £662 26
1995£59,902 £741 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£198,3333
2023£188,500 £4,014 6
2022£185,625 £3,461 4
2021£166,229 £3,303 9
2020£161,600 £2,979 5
2019£174,000 £6,078 10
2018£160,889 £3,072 9
2017£158,749 £3,574 8
2016£157,500 £3,046 6
2015£126,653 £2,409 13
2014£142,300 £3,896 10
2013£109,994 £2,247 9
2012£155,000 £2,313 1
2011£129,421 £4,416 7
2010£119,200 £2,212 5
2009£117,607 £2,007 7
2008£138,571 £2,383 7
2007£119,611 £2,561 9
2006£118,986 £2,087 4
2005£102,611 £2,419 9
2004£97,062 £1,898 8
2003£82,600 £1,742 5
2002£73,428 £1,714 7
2001£52,921 £1,248 7
2000£52,423 £1,167 13
1999£45,374 £1,031 8
1998£37,928 £719 7
1997£39,433 £767 9
1996£29,000 £746 3
1995£39,072 £825 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,8899
2023£487,786 £4,575 21
2022£488,981 £4,529 26
2021£453,063 £4,327 52
2020£480,744 £4,187 27
2019£458,822 £3,693 22
2018£425,066 £4,293 37
2017£437,871 £3,693 31
2016£406,886 £3,494 31
2015£358,724 £3,137 44
2014£339,879 £2,762 46
2013£286,772 £2,637 63
2012£307,859 £2,769 72
2011£294,299 £2,429 58
2010£295,125 £2,463 47
2009£256,344 £2,362 27
2008£270,747 £2,715 19
2007£284,782 £2,685 23
2006£257,631 £2,340 30
2005£237,828 £2,293 25
2004£250,879 £2,373 40
2003£232,752 £2,021 32
2002£198,819 £1,846 31
2001£158,156 £1,410 22
2000£146,154 £1,398 22
1999£134,807 £1,342 31
1998£117,091 £1,000 35
1997£114,915 £1,027 52
1996£97,017 £881 44
1995£89,154 £764 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,3333
2023£325,981 £4,050 13
2022£324,464 £4,920 14
2021£308,773 £3,932 33
2020£275,647 £3,582 17
2019£268,920 £4,264 25
2018£299,045 £3,743 31
2017£291,697 £3,807 20
2016£250,450 £3,625 27
2015£236,180 £3,315 30
2014£213,918 £2,775 25
2013£203,388 £2,504 36
2012£211,401 £2,715 37
2011£208,534 £2,760 40
2010£202,072 £2,454 20
2009£181,971 £2,164 14
2008£182,150 £2,583 16
2007£169,597 £2,542 19
2006£176,883 £2,690 15
2005£166,177 £2,410 11
2004£157,069 £2,178 26
2003£132,313 £2,006 19
2002£102,123 £1,744 29
2001£95,307 £1,507 20
2000£83,385 £1,302 18
1999£69,112 £1,050 24
1998£64,545 £887 21
1997£53,492 £847 35
1996£49,461 £788 18
1995£47,334 £724 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£394,0002
2021£412,500 £6,471 6
2020£493,750 £2,794 4
2019£633,750 £2,982 2
2018£397,500 £3,443 2
2017£910,0003
2015£960,000 £7,218 1
2014£1,430,0001

House Type in SG5 4LB area

The most common house types in the SG5 4LB postcode area are Terraced (46), Flat (39), and Semi-detached (34).

Total150
Terraced46
Flat39
Semi-detached34
Detached22
converted building5
commercial building3
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (59), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan59
Owned: Owns outright40
Private rented: Private landlord or letting agency35
Social rented: Other social rented8
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SG5 4LB have 1 person in household (57), and 2 people in household (52).

1 person in household57
2 people in household52
3 people in household25
4 people in household14
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0