Housing Market Analysis for MELBOURN STREET, SG8 7BJ

Are you looking to understand SG8 7BJ 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 North Hertfordshire postcode.

For the location information and nearby amenities in the SG8 7BJ area, explore the SG8 7BJ Area information page.
For comprehensive crime statistics in the SG8 7BJ area, explore the SG8 7BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SG8 7BJ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £127,195 median price is £122,999 Standard Deviation is £42,233 with Total Sold: 15
    • The Last 5 Year average price is £191,667 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 6, TEMPLARS COURT, 7 MELBOURN STREET: £190,000 (Sold on 06 Feb 2023)
    • The first recorded sale happened at this postcode is FLAT 3, TEMPLARS COURT, 7 MELBOURN STREET: £82,001 (Sold on 01 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average SG8 7BJ 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£190,000 £3,115 1
2021£190,000 £3,167 1
2019£195,000 £3,197 1
2017£115,000 £3,966 1
2015£132,000 £4,000 1
2013£157,000 £2,574 1
2006£109,000 £3,303 1
2005£155,000 £2,583 1
2004£138,000 £2,262 1
2002£87,821 £2,076 6

All the Sales in the MELBOURN STREET, SG8 7BJ

See the table below for more details on the sold house prices in the SG8 7BJ, North Hertfordshire postcode.

AddressSold DatePrice% Change
FLAT 6, TEMPLARS COURT, 7 MELBOURN STREETFlat, LeaseholdArea: 61 Sq.mtrAge: before 190006 Feb 2023£190,000-2.56%
18 Jan 2019£195,00024.20%
29 Nov 2013£157,00013.77%
11 Jun 2004£138,00025.51%
08 Jul 2002£109,950First Sale
FLAT 4, TEMPLARS COURT, 7 MELBOURN STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 1983-199008 Jan 2021£190,00022.58%
02 Aug 2005£155,00026.02%
02 May 2002£122,999First Sale
FLAT 1, TEMPLARS COURT, 7 MELBOURN STREETFlat, LeaseholdArea: 29 Sq.mtrAge: before 190002 Oct 2017£115,00074.83%
24 May 2002£65,777First Sale
FLAT 2, TEMPLARS COURT, 7 MELBOURN STREETFlat, LeaseholdArea: 33 Sq.mtrAge: 1996-200211 Dec 2015£132,00021.10%
10 Mar 2006£109,00052.45%
02 May 2002£71,500First Sale
FLAT 5, TEMPLARS COURT, 7 MELBOURN STREETFlat, LeaseholdArea: 33.73 Sq.mtrAge: 1983-199002 May 2002£74,700First Sale
FLAT 3, TEMPLARS COURT, 7 MELBOURN STREETFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-199001 May 2002£82,001First Sale

Check out the sold house prices near the SG8 7BJ postcode. Properties currently for saleProperties currently for rent

MELBOURN STREET, SG8 7BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SG8 7BJ 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 SG8 7BJ postcode.

  • Detached
    • The average price is around £400,139 median price is £365,000 Standard Deviation is £225,296 with Total Sold: 684
    • The Last 5 Year average price is £665,266 with Total Sold: 104
    • The most recent sale happened at this postcode is , 4 SUN HILL: £400,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 KING JAMES WAY: £135,000 (Sold on 02 Mar 1995)
  • Semi-Detached
    • The average price is around £234,725 median price is £220,000 Standard Deviation is £126,895 with Total Sold: 520
    • The Last 5 Year average price is £396,283 with Total Sold: 98
    • The most recent sale happened at this postcode is , 13 NEWMARKET ROAD: £342,500 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 BRIARY LANE: £53,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £183,428 median price is £170,000 Standard Deviation is £112,451 with Total Sold: 953
    • The Last 5 Year average price is £321,058 with Total Sold: 162
    • The most recent sale happened at this postcode is , 19 PRINCES MEWS: £242,500 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 PRINCES MEWS: £55,750 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £149,005 median price is £150,000 Standard Deviation is £58,475 with Total Sold: 1,277
    • The Last 5 Year average price is £202,235 with Total Sold: 244
    • The most recent sale happened at this postcode is , 22 MALT HOUSE PLACE: £212,500 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 38 COLLINGWOOD COURT: £42,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £362,400 median price is £240,000 Standard Deviation is £438,884 with Total Sold: 63
    • The Last 5 Year average price is £467,913 with Total Sold: 32
    • The most recent sale happened at this postcode is , 4 MELBOURN ROAD: £900,000 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 1, SILLENCE COURT UPPER KING STREET: £42,554 (Sold on 14 Mar 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£590,5005
2023£662,654 £4,962 13
2022£722,485 £4,872 23
2021£685,720 £4,398 25
2020£635,382 £4,278 17
2019£621,860 £4,131 21
2018£665,849 £4,317 18
2017£527,800 £4,268 25
2016£617,700 £4,345 20
2015£526,833 £3,611 15
2014£482,859 £3,437 39
2013£476,892 £3,063 21
2012£428,036 £3,137 14
2011£400,591 £2,954 22
2010£429,928 £2,786 21
2009£369,032 £3,003 14
2008£417,466 £2,549 16
2007£441,071 £3,212 28
2006£405,021 £2,815 24
2005£361,797 £2,235 15
2004£336,800 £2,215 35
2003£312,975 £2,381 22
2002£289,189 £1,907 29
2001£297,183 £1,509 35
2000£245,781 £1,540 37
1999£194,712 £1,350 33
1998£149,263 £1,096 19
1997£153,530 £1,127 30
1996£156,162 £972 25
1995£118,283 £798 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,643 £4,750 7
2023£431,667 £4,201 9
2022£401,603 £4,395 19
2021£414,655 £4,342 29
2020£402,556 £3,900 18
2019£332,612 £4,425 16
2018£332,062 £3,820 8
2017£377,442 £3,599 14
2016£320,711 £4,097 19
2015£304,555 £3,183 18
2014£272,497 £2,942 19
2013£251,716 £2,747 20
2012£263,367 £2,644 15
2011£226,167 £2,796 15
2010£216,269 £3,217 14
2009£219,795 £2,432 10
2008£250,345 £2,181 14
2007£235,581 £2,769 24
2006£220,972 £2,613 20
2005£218,719 £2,057 16
2004£216,247 £2,443 20
2003£186,972 £1,685 18
2002£150,749 £1,855 24
2001£121,789 £1,432 17
2000£128,058 £1,406 17
1999£99,394 £1,210 17
1998£95,916 £1,138 20
1997£77,508 £944 14
1996£72,641 £886 33
1995£75,062 £995 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,393 £4,327 14
2023£322,228 £4,976 28
2022£340,823 £4,425 34
2021£321,655 £4,608 37
2020£318,518 £4,302 28
2019£298,940 £4,503 21
2018£276,794 £4,072 28
2017£280,873 £3,941 28
2016£304,420 £4,044 25
2015£250,897 £3,774 29
2014£235,242 £3,419 49
2013£213,863 £2,759 37
2012£204,875 £2,294 16
2011£184,147 £2,829 15
2010£169,249 £3,656 23
2009£197,365 £2,952 30
2008£175,680 £2,721 25
2007£187,703 £2,932 32
2006£164,480 £2,926 36
2005£159,240 £2,652 25
2004£153,503 £2,634 55
2003£141,816 £2,281 30
2002£106,611 £1,874 41
2001£98,485 £1,458 39
2000£96,029 £1,425 35
1999£80,662 £1,441 47
1998£69,989 £1,022 33
1997£57,182 £1,103 48
1996£53,815 £880 39
1995£57,135 £973 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,182 £2,580 11
2023£207,170 £3,506 42
2022£206,693 £3,780 44
2021£205,811 £3,728 65
2020£192,643 £3,513 35
2019£203,819 £3,411 47
2018£200,766 £3,560 47
2017£184,860 £3,443 90
2016£201,946 £3,527 68
2015£157,667 £3,138 60
2014£165,349 £2,941 49
2013£133,307 £2,613 44
2012£168,832 £2,777 46
2011£132,602 £2,478 23
2010£138,894 £2,948 17
2009£134,245 £2,532 22
2008£140,794 £2,915 17
2007£162,644 £2,956 57
2006£144,234 £2,742 54
2005£142,115 £2,699 68
2004£152,973 £2,900 65
2003£118,898 £2,281 30
2002£94,501 £1,961 80
2001£79,018 £1,561 32
2000£67,190 £1,388 26
1999£56,740 £1,223 31
1998£55,428 £1,183 23
1997£48,644 £1,032 36
1996£47,940 £928 29
1995£49,053 £1,019 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£606,2502
2023£759,812 £6,431 8
2022£415,3336
2021£312,0003
2020£261,025 £3,867 9
2019£476,250 £12,222 4
2018£88,850 £89 4
2017£253,806 £3,357 16
2016£145,8305
2015£760,0003
2014£144,185 £788 3

House Type in SG8 7BJ area

The most common house types in the SG8 7BJ postcode area are Flat (49), commercial building (40), and converted building (24).

Total138
Flat49
commercial building40
converted building24
Shared house13
Semi-detached6
Terraced6
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (93), and Owned: Owns with a mortgage or loan (19).

Private rented: Private landlord or letting agency93
Owned: Owns with a mortgage or loan19
Private rented: Other private rented10
Owned: Owns outright7
Social rented: Other social rented5
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SG8 7BJ have 1 person in household (83), and 2 people in household (41).

1 person in household83
2 people in household41
3 people in household8
4 people in household2
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0