Properties for sale in ME5
Walderslade, Blue Bell Hill, Luton
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- Price Paid By Year
- Property Type Price
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House Prices in ME5
Properties in ME5 have an average house price of £314,766.00 and had 2473 Property Transactions within the last 3 years.
The most expensive property was sold for £1,650,000.00.
Property Price Paid in ME5 by Year
The average sold property price by year was:
| Year | Average Sold Price | Sold Properties |
|---|---|---|
| 2026 | £319,973.00 | 314 Properties |
| 2025 | £323,707.00 | 818 Properties |
| 2024 | £304,435.00 | 720 Properties |
| 2023 | £312,335.00 | 621 Properties |
| 2022 | £309,385.00 | 814 Properties |
| 2021 | £298,012.00 | 1,011 Properties |
| 2020 | £269,009.00 | 688 Properties |
| 2019 | £254,426.00 | 795 Properties |
| 2018 | £254,305.00 | 835 Properties |
| 2017 | £252,417.00 | 905 Properties |
| 2016 | £238,109.00 | 953 Properties |
| 2015 | £205,361.00 | 938 Properties |
| 2014 | £181,032.00 | 863 Properties |
| 2013 | £170,267.00 | 754 Properties |
| 2012 | £164,819.00 | 646 Properties |
| 2011 | £161,720.00 | 574 Properties |
| 2010 | £170,466.00 | 514 Properties |
| 2009 | £155,172.00 | 543 Properties |
| 2008 | £168,153.00 | 563 Properties |
| 2007 | £170,148.00 | 1,350 Properties |
| 2006 | £161,775.00 | 1,347 Properties |
| 2005 | £153,693.00 | 938 Properties |
| 2004 | £143,825.00 | 1,405 Properties |
| 2003 | £131,671.00 | 1,315 Properties |
| 2002 | £109,135.00 | 1,450 Properties |
| 2001 | £89,730.00 | 1,427 Properties |
| 2000 | £78,490.00 | 1,356 Properties |
| 1999 | £68,444.00 | 1,307 Properties |
| 1998 | £64,803.00 | 1,173 Properties |
| 1997 | £60,660.00 | 1,162 Properties |
| 1996 | £57,215.00 | 915 Properties |
| 1995 | £55,773.00 | 794 Properties |
Property Price per Property Type in ME5
Here you can find historic sold price data in order to help with your property search.
The average Property Paid Price for specific property types in the last three years are:
| Property Type | Average Sold Price | Sold Properties |
|---|---|---|
| Detached House | £463,714.00 | 416 Detached Houses |
| Flat | £169,631.00 | 179 Flats |
| Semi Detached House | £321,859.00 | 891 Semi Detached Houses |
| Terraced House | £271,907.00 | 987 Terraced Houses |
Transport near ME5
Houses and Flats for sale in ME5, Walderslade, Blue Bell Hill, Luton
There are 206 results. Property prices in ME5 range from £70k to £1.45M with an average price of £345k.
3 Bedrooms
3 Bathrooms
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Property market in ME5
What's for sale
156 homes · share, count and typical priceHow many bedrooms
share, count and typical pricePrice bands
156 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 88% | 9% |
| Typical asking price | £325k | £120k |
| Average bedrooms | 3.2 | 1.2 |
| Typical time to sell | 6 weeks | 11 weeks |
| Gross rental yield | 5.1% | 8.6% |
Asking prices over time
typical asking price of the homes first listed each quarter · no change since 2024 Q4Prices in and around ME5
typical asking price, cheapest firstSchools in ME5
12 primary · 3 secondary · 88% rated good or outstanding- St Thomas More Roman Catholic Primary School primary · Outstanding
- Chatham Grammar School for Girls secondary · Good
- Swingate Primary School primary · Good
- Tunbury Primary School primary · Good
- Oaklands School primary · Good
- Maundene School primary · Good
Based on 156 homes for sale on Houses now, 1,755 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.
Frequently Asked Questions about ME5
What is the average house price in ME5?
The average home for sale in ME5 is priced at £363,000. A few very expensive homes pull that average up, so a more typical price is £323,000. This is based on the 156 homes for sale on Houses right now.
How much does a 2 or 3 bedroom home cost in ME5?
A typical 2-bedroom home in ME5 costs £268,000 and a 3-bedroom home £325,000. So the extra bedroom adds about £58,000. 1-bedroom homes start at around £130,000, and 4-bedroom homes are about £464,000.
What price range should I expect in ME5?
Most homes in ME5 are priced between £108,000 and £963,000, leaving out the very cheapest and most expensive. One in five costs less than £250,000, and one in five £470,000 or more.
How many homes are for sale in ME5?
There are 206 homes for sale in ME5 on Houses right now, plus 59 already under offer. 132 new listings came onto the market in the last 30 days.
Are house prices going up in ME5?
They are holding steady. Homes put up for sale in ME5 over the last 12 months were advertised at a typical £300,000, about the same as the year before (£300,000). By size, 1-bedroom homes are down 6%, 2-bedroom homes are down 4% and 3-bedroom homes are down 5%.
How long does it take to sell a home in ME5?
Homes usually sell or come off the market within about 7 weeks. About 38% go within the first month, and a quarter take longer than about 4 months. Houses go faster, in about 6 weeks against about 11 weeks for flats.
What rental yield can I get in ME5?
About 8.6% gross for flats and 5.1% for houses. That compares typical rents with what flats and houses actually sold for in ME5 over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes are for sale in ME5?
Terraced houses are the most common, about 3 in 10 homes for sale in ME5. Semi-detached houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £120,000, and detached houses the most expensive, at about £525,000.
Where are the cheapest places to buy near ME5?
Of the areas around ME5, ME4 is the cheapest, with a typical asking price of £230,000, followed by ME7 (£260,000) and ME1 (£290,000). ME5 itself is £323,000.
Are homes in ME5 freehold or leasehold?
About 9 in 10 homes for sale in ME5 are freehold and the rest leasehold, which is mostly flats. There are 2 new-build homes on the market too.
What are the schools like in ME5?
There are 12 primary and 3 secondary schools in ME5. 88% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.
Which areas are included in the ME5 postcode district?
The main areas within ME5 include Walderslade, Blue Bell Hill and Luton.
What has been the average sold property price in ME5 over the last three years?
Terraced Houses in ME5 have an average sold price of £271,907, while Semi Detached Houses have an average of £321,859. Detached Houses have an average of £463,714 and Flats have an average of £169,631. The average sold property price in ME5 over the last three years is approximately £316,038.