Housing Market Analysis for MELBOURN STREET, SG8 7BZ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £396,625 median price is £308,750 Standard Deviation is £237,630 with Total Sold: 4
    • The Last 5 Year average price is £530,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 MELBOURN STREET: £794,000 (Sold on 24 Mar 2022)
    • The first recorded sale happened at this postcode is 10 MELBOURN STREET: £267,500 (Sold on 17 Mar 2023)
  • Detached
    • The average price is around £1,117,500 median price is £1,117,500 Standard Deviation is £682,500 with Total Sold: 2
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is KATHERINES BARN MELBOURN STREET: £435,000 (Sold on 26 Apr 2019)
    • The first recorded sale happened at this postcode is THE BANYERS HOTEL, 16 MELBOURN STREET: £1,800,000 (Sold on 16 Sep 2016)
  • Terraced
    • The average price is around £109,000 median price is £109,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is REAR OF 8 MELBOURN STREET: £109,000 (Sold on 08 Jul 2009)
    • The first recorded sale happened at this postcode is REAR OF 8 MELBOURN STREET: £109,000 (Sold on 08 Jul 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average SG8 7BZ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£794,0001
2017£262,500 £1,316 2
2023£267,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£435,000 £3,271 1
2016£1,800,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£109,0001

All the Sales in the MELBOURN STREET, SG8 7BZ

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

AddressSold DatePrice% Change
10 MELBOURN STREETOther, Freehold24 Mar 2022£794,000196.82%
17 Mar 2023£267,500First Sale
KATHERINES BARN MELBOURN STREETDetached, FreeholdArea: 133 Sq.mtr26 Apr 2019£435,000148.57%
06 Apr 2017£175,000First Sale
6 MELBOURN STREETOther, Freehold06 Apr 2017£350,000First Sale
THE BANYERS HOTEL, 16 MELBOURN STREETDetached, Freehold16 Sep 2016£1,800,000First Sale
REAR OF 8 MELBOURN STREETTerraced, Freehold08 Jul 2009£109,000First Sale

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

MELBOURN STREET, SG8 7BZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £410,306 median price is £375,000 Standard Deviation is £233,198 with Total Sold: 600
    • The Last 5 Year average price is £677,757 with Total Sold: 96
    • 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 , 38 QUEENS ROAD: £85,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £235,781 median price is £220,000 Standard Deviation is £125,504 with Total Sold: 546
    • The Last 5 Year average price is £396,433 with Total Sold: 101
    • 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 £183,814 median price is £170,000 Standard Deviation is £111,787 with Total Sold: 995
    • The Last 5 Year average price is £320,699 with Total Sold: 169
    • 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 , 42 QUEENS ROAD: £55,000 (Sold on 31 Jan 1995)
  • Flat
    • The average price is around £148,235 median price is £150,000 Standard Deviation is £58,467 with Total Sold: 1,316
    • The Last 5 Year average price is £201,716 with Total Sold: 249
    • 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£617,5004
2023£677,464 £5,025 14
2022£747,108 £4,922 20
2021£681,442 £4,441 26
2020£643,679 £4,259 14
2019£635,503 £4,117 18
2018£691,352 £4,169 15
2017£516,125 £4,246 20
2016£617,700 £4,345 20
2015£538,125 £3,571 12
2014£495,042 £3,506 36
2013£521,981 £3,056 15
2012£433,750 £3,185 12
2011£387,575 £2,912 20
2010£432,815 £2,770 19
2009£364,727 £3,029 13
2008£427,454 £2,460 12
2007£465,000 £3,306 23
2006£423,528 £2,701 18
2005£360,568 £2,545 14
2004£355,409 £2,184 33
2003£315,122 £2,341 20
2002£299,250 £1,843 24
2001£306,438 £1,542 33
2000£248,645 £1,540 34
1999£198,033 £1,348 30
1998£149,471 £1,102 17
1997£154,696 £1,219 25
1996£161,693 £924 21
1995£112,306 £779 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,312 £5,025 8
2023£442,000 £4,198 10
2022£400,773 £4,439 20
2021£413,276 £4,327 29
2020£391,176 £3,882 17
2019£341,576 £4,384 17
2018£331,450 £3,977 10
2017£380,707 £3,621 13
2016£316,917 £4,142 19
2015£310,905 £3,291 21
2014£270,872 £2,951 20
2013£247,242 £2,674 22
2012£261,906 £2,652 16
2011£226,167 £2,796 15
2010£215,984 £3,196 15
2009£221,086 £2,432 11
2008£248,257 £2,181 13
2007£241,339 £2,772 29
2006£218,685 £2,603 24
2005£221,917 £2,114 18
2004£218,134 £2,449 22
2003£182,852 £1,595 17
2002£152,879 £1,890 25
2001£121,634 £1,432 18
2000£128,249 £1,421 16
1999£98,379 £1,214 21
1998£89,366 £1,115 20
1997£78,816 £1,005 13
1996£72,614 £908 32
1995£75,299 £1,022 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,393 £4,327 14
2023£324,237 £4,997 29
2022£340,823 £4,425 34
2021£321,612 £4,625 38
2020£315,375 £4,321 30
2019£300,885 £4,556 24
2018£277,046 £4,093 27
2017£282,498 £3,933 29
2016£301,315 £4,028 31
2015£249,788 £3,683 33
2014£233,997 £3,402 53
2013£212,920 £2,766 38
2012£205,353 £2,407 17
2011£184,147 £2,829 15
2010£170,949 £3,636 25
2009£192,100 £2,955 29
2008£177,958 £2,725 25
2007£184,414 £2,958 35
2006£163,758 £2,915 38
2005£161,000 £2,614 26
2004£154,670 £2,624 57
2003£140,548 £2,289 31
2002£107,081 £1,834 44
2001£96,498 £1,460 37
2000£95,972 £1,417 36
1999£78,362 £1,432 46
1998£68,592 £1,011 34
1997£56,816 £1,060 49
1996£53,664 £874 43
1995£57,126 £939 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,182 £2,580 11
2023£207,170 £3,506 42
2022£203,185 £3,755 46
2021£206,480 £3,721 66
2020£192,500 £3,483 37
2019£203,819 £3,411 47
2018£198,115 £3,511 48
2017£185,246 £3,441 91
2016£201,462 £3,511 70
2015£157,667 £3,138 60
2014£164,520 £2,904 52
2013£131,685 £2,563 46
2012£167,579 £2,773 48
2011£132,602 £2,478 23
2010£138,894 £2,948 17
2009£134,278 £2,499 23
2008£138,868 £2,874 19
2007£161,829 £2,916 60
2006£143,713 £3,010 57
2005£141,794 £2,684 69
2004£151,430 £2,853 68
2003£118,827 £2,254 32
2002£94,501 £1,961 80
2001£78,442 £1,548 33
2000£67,516 £1,383 27
1999£56,044 £1,194 33
1998£55,201 £1,166 24
1997£48,644 £1,032 36
1996£47,282 £908 31
1995£48,925 £1,009 20
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 7BZ area

The most common house types in the SG8 7BZ postcode area are Flat (62), Detached (44), and Semi-detached (23).

Total147
Flat62
Detached44
Semi-detached23
converted building7
Terraced5
commercial building3
Shared house2
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Private rented: Private landlord or letting agency (47).

Owned: Owns outright63
Private rented: Private landlord or letting agency47
Owned: Owns with a mortgage or loan25
Social rented: Other social rented6
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SG8 7BZ have 1 person in household (76), and 2 people in household (34).

1 person in household76
2 people in household34
3 people in household22
4 people in household11
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0