Housing Market Analysis for MELBOURN STREET, SG8 7BP

Are you looking to understand SG8 7BP 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 7BP area, explore the SG8 7BP Area information page.
For comprehensive crime statistics in the SG8 7BP area, explore the SG8 7BP Crime Rates page.

Overview of Sold House prices

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

  • Flat
    • The average price is around £95,000 median price is £95,000 Standard Deviation is £25,000 with Total Sold: 2
    • The Last 5 Year average price is £95,000 with Total Sold: 2
    • The most recent sale happened at this postcode is TEMPLARS COURT, 7 MELBOURN STREET: £120,000 (Sold on 27 Apr 2022)
    • The first recorded sale happened at this postcode is TEMPLARS COURT, 7 MELBOURN STREET: £70,000 (Sold on 25 Mar 2022)
  • Terraced
    • The average price is around £249,995 median price is £249,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 MELBOURN STREET: £249,995 (Sold on 27 Feb 2008)
    • The first recorded sale happened at this postcode is 5 MELBOURN STREET: £249,995 (Sold on 27 Feb 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average SG8 7BP 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
2022£95,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£249,9951

All the Sales in the MELBOURN STREET, SG8 7BP

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

AddressSold DatePrice% Change
TEMPLARS COURT, 7 MELBOURN STREETFlat, Leasehold27 Apr 2022£120,00071.43%
25 Mar 2022£70,000First Sale
5 MELBOURN STREETTerraced, Freehold27 Feb 2008£249,995First Sale

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

MELBOURN STREET, SG8 7BP Near By properties

Interactive Map

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

  • Flat
    • The average price is around £149,020 median price is £150,000 Standard Deviation is £58,496 with Total Sold: 1,276
    • The Last 5 Year average price is £202,532 with Total Sold: 243
    • 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)
  • Terraced
    • The average price is around £183,682 median price is £170,000 Standard Deviation is £112,501 with Total Sold: 962
    • The Last 5 Year average price is £321,984 with Total Sold: 162
    • The most recent sale happened at this postcode is , 48 PRINCES MEWS: £215,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 PRINCES MEWS: £55,750 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £399,524 median price is £365,000 Standard Deviation is £224,964 with Total Sold: 682
    • The Last 5 Year average price is £666,056 with Total Sold: 102
    • The most recent sale happened at this postcode is , 56A TANNERY DRIFT: £640,000 (Sold on 18 Jul 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 £234,850 median price is £219,998 Standard Deviation is £126,342 with Total Sold: 504
    • The Last 5 Year average price is £396,126 with Total Sold: 93
    • The most recent sale happened at this postcode is , 52 BRIARY LANE: £400,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 4 BRIARY LANE: £53,000 (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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£172,000 £2,580 10
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,385 £4,327 13
2023£324,651 £4,950 29
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£282,498 £3,933 29
2016£303,481 £3,994 26
2015£251,790 £3,716 31
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£188,712 £2,910 33
2006£164,900 £2,893 37
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£95,583 £1,407 36
1999£80,662 £1,441 47
1998£69,989 £1,022 33
1997£57,403 £1,091 49
1996£53,815 £880 39
1995£57,204 £955 27
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£567,5003
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£682,957 £4,321 17
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£364,497 £2,505 16
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£391,875 £4,750 4
2023£431,667 £4,201 9
2022£401,603 £4,395 19
2021£414,464 £4,322 28
2020£401,765 £3,905 17
2019£332,612 £4,425 16
2018£332,062 £3,820 8
2017£377,442 £3,599 14
2016£319,206 £4,208 17
2015£307,176 £3,192 17
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£248,257 £2,181 13
2007£240,729 £2,779 24
2006£220,831 £2,613 21
2005£218,719 £2,057 16
2004£216,247 £2,443 20
2003£186,970 £1,685 17
2002£150,749 £1,855 24
2001£120,276 £1,432 16
2000£128,249 £1,421 16
1999£99,394 £1,210 17
1998£95,916 £1,138 20
1997£77,218 £1,005 12
1996£72,618 £908 31
1995£75,299 £1,022 15
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 7BP area

The most common house types in the SG8 7BP 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 7BP 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