Housing Market Analysis for MELROSE PLACE, WD17 4LU

Are you looking to understand WD17 4LU 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 Watford postcode.

For the location information and nearby amenities in the WD17 4LU area, explore the WD17 4LU Area information page.
For comprehensive crime statistics in the WD17 4LU area, explore the WD17 4LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WD17 4LU postcode area, The average prices are as follows,

Flat
- The average price is around £129,825 median price is £123,250 Standard Deviation is £66,718 with Total Sold: 16
- The most recent sale happened at this postcode is 31 MELROSE PLACE: £308,000 (Sold on 23 Nov 2018)
- The first recorded sale happened at this postcode is 17 MELROSE PLACE: £44,000 (Sold on 29 Nov 1996)
Terraced
- The average price is around £190,859 median price is £184,000 Standard Deviation is £87,506 with Total Sold: 11
- The most recent sale happened at this postcode is 51 MELROSE PLACE: £371,000 (Sold on 05 Oct 2016)
- The first recorded sale happened at this postcode is 45 MELROSE PLACE: £74,000 (Sold on 26 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average WD17 4LU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£308,000	£4,529	1
2015	£182,000	£4,136	1
2014	£170,000	£4,250	1
2012	£140,000	£4,375	1
2011	£190,000	£2,897	1
2006	£195,000	£2,955	1
2003	£153,500	£2,693	1
2001	£109,750	£2,254	2
2000	£103,500	£2,242	2
1999	£62,375	£1,586	2
1997	£71,725	£1,111	2
1996	£44,000	£1,128	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£371,000	£6,183	1
2014	£299,950	£4,838	1
2009	£227,000	£3,783	1
2007	£229,250	£3,548	2
2003	£184,000		1
2001	£145,000	£2,479	2
1999	£105,000	£1,694	1
1997	£90,000		1
1996	£74,000	£1,265	1

All the Sales in the MELROSE PLACE, WD17 4LU

See the table below for more details on the sold house prices in the WD17 4LU, Watford postcode.

Address	Sold Date	Price	% Change
31 MELROSE PLACEFlat, LeaseholdArea: 68 Sq.mtrAge: 1983-1990	23 Nov 2018	£308,000	310.94%
	04 Sep 1997	£74,950	First Sale
51 MELROSE PLACETerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	05 Oct 2016	£371,000	63.44%
	17 Dec 2009	£227,000	First Sale
17 MELROSE PLACEFlat, LeaseholdArea: 44 Sq.mtrAge: 1991-1995	18 Feb 2015	£182,000	313.64%
	29 Nov 1996	£44,000	First Sale
47 MELROSE PLACETerraced, FreeholdArea: 62 Sq.mtrAge: 1991-1995	17 Oct 2014	£299,950	36.34%
	09 Feb 2007	£220,000	109.52%
	01 Jul 1999	£105,000	First Sale
23 MELROSE PLACEFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	04 Apr 2014	£170,000	First Sale
19 MELROSE PLACEFlat, LeaseholdArea: 32 Sq.mtrAge: 1991-1995	26 Oct 2012	£140,000	44.33%
	13 Sep 2001	£97,000	16.87%
	31 Mar 2000	£83,000	First Sale
33 MELROSE PLACEFlat, LeaseholdArea: 65.59 Sq.mtrAge: 1991-1995	28 Feb 2011	£190,000	-2.56%
	14 Jun 2006	£195,000	57.26%
	31 Aug 2000	£124,000	First Sale
53 MELROSE PLACETerraced, Freehold	29 Jun 2007	£238,500	First Sale
43 MELROSE PLACETerraced, Freehold	14 Nov 2003	£184,000	26.90%
43 MELROSE PLACETerraced, Freehold	29 Oct 2001	£145,000	First Sale
39 MELROSE PLACEFlat, LeaseholdArea: 57 Sq.mtrAge: 1983-1990	17 Mar 2003	£153,500	First Sale
45 MELROSE PLACETerraced, FreeholdArea: 58.5 Sq.mtrAge: 1983-1990	21 Aug 2001	£145,000	95.95%
	26 Sep 1996	£74,000	First Sale
37 MELROSE PLACEFlat, LeaseholdArea: 54.7 Sq.mtrAge: 1991-1995	03 Aug 2001	£122,500	First Sale
21 MELROSE PLACEFlat, Leasehold	31 Aug 1999	£64,750	First Sale
25 MELROSE PLACEFlat, LeaseholdArea: 37.82 Sq.mtrAge: 1991-1995	27 Aug 1999	£60,000	First Sale
41 MELROSE PLACETerraced, Freehold	02 Jul 1997	£90,000	First Sale
35 MELROSE PLACEFlat, Leasehold	28 Feb 1997	£68,500	First Sale

Check out the sold house prices near the WD17 4LU postcode. Properties currently for saleProperties currently for rent

MELROSE PLACE, WD17 4LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WD17 4LU 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 WD17 4LU postcode.

Flat
- The average price is around £206,422 median price is £200,000 Standard Deviation is £148,299 with Total Sold: 902
- The Last 5 Year average price is £329,835 with Total Sold: 108
- The most recent sale happened at this postcode is , 23 FAIRLAWNS: £242,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 4 HEATHDENE MANOR: £74,950 (Sold on 16 Jan 1995)
Detached
- The average price is around £638,486 median price is £583,975 Standard Deviation is £393,485 with Total Sold: 776
- The Last 5 Year average price is £1,019,955 with Total Sold: 131
- The most recent sale happened at this postcode is , ARMAND HOUSE NASCOT WOOD ROAD: £1,100,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 322 CASSIOBURY DRIVE: £163,000 (Sold on 27 Feb 1995)
Terraced
- The average price is around £382,760 median price is £372,500 Standard Deviation is £198,871 with Total Sold: 268
- The Last 5 Year average price is £636,785 with Total Sold: 26
- The most recent sale happened at this postcode is , 9 MELROSE PLACE: £620,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 12 FAIRLAWNS: £73,000 (Sold on 24 Mar 1995)
Semi-Detached
- The average price is around £486,167 median price is £452,500 Standard Deviation is £254,535 with Total Sold: 238
- The Last 5 Year average price is £868,277 with Total Sold: 35
- The most recent sale happened at this postcode is , 252 CASSIOBURY DRIVE: £765,000 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is , 115 WOODLAND DRIVE: £142,500 (Sold on 21 Apr 1995)
Other
- The average price is around £254,032 median price is £177,500 Standard Deviation is £309,744 with Total Sold: 8
- The Last 5 Year average price is £498,125 with Total Sold: 4
- The most recent sale happened at this postcode is , 129 HEMPSTEAD ROAD: £965,000 (Sold on 02 Feb 2021)
- The first recorded sale happened at this postcode is , 198 HEMPSTEAD ROAD: £8,360 (Sold on 06 Jul 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£269,354	£3,040	13
2023	£296,806	£4,419	17
2022	£495,550	£7,739	19
2021	£312,443	£4,624	27
2020	£292,344	£4,354	16
2019	£284,125	£4,276	16
2018	£333,425	£4,664	20
2017	£315,797	£4,579	38
2016	£305,170	£4,245	32
2015	£266,976	£3,793	29
2014	£232,812	£3,696	26
2013	£265,077	£3,562	59
2012	£255,896	£3,247	59
2011	£236,612	£3,294	39
2010	£226,730	£2,862	15
2009	£145,088	£2,426	22
2008	£212,643	£2,945	14
2007	£218,992	£3,373	42
2006	£203,701	£2,950	49
2005	£173,973	£2,483	22
2004	£195,934	£2,809	29
2003	£196,601	£2,713	34
2002	£151,657	£2,249	29
2001	£121,546	£1,976	40
2000	£97,807	£1,699	22
1999	£84,323	£1,500	26
1998	£74,803	£1,258	34
1997	£63,195	£1,134	43
1996	£62,127	£1,055	36
1995	£66,613	£1,016	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,016,179	£8,264	14
2023	£1,114,237	£6,925	19
2022	£1,122,114	£6,817	18
2021	£999,448	£6,917	29
2020	£945,347	£5,388	16
2019	£968,842	£5,724	35
2018	£903,828	£5,678	29
2017	£925,004	£5,549	25
2016	£924,238	£5,608	35
2015	£923,850	£5,237	24
2014	£1,013,248	£6,266	23
2013	£650,325	£4,383	32
2012	£658,150	£4,424	19
2011	£662,333	£3,659	24
2010	£677,200	£4,721	15
2009	£553,988	£3,564	26
2008	£671,444	£5,284	9
2007	£624,944	£3,949	36
2006	£587,556	£2,973	36
2005	£483,875	£3,023	28
2004	£484,209	£3,278	28
2003	£456,413	£2,637	23
2002	£415,138	£2,417	32
2001	£451,739	£2,451	23
2000	£409,582	£2,282	25
1999	£309,081	£1,769	61
1998	£275,540	£1,248	25
1997	£261,331	£1,251	18
1996	£190,789	£1,206	29
1995	£186,307	£1,301	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£493,750	£4,482	2
2023	£631,680	£6,233	5
2022	£724,333	£9,614	3
2021	£617,857	£6,689	7
2020	£665,417	£6,764	6
2019	£640,000	£6,873	3
2018	£658,000	£5,293	7
2017	£630,833	£6,997	6
2016	£574,522	£5,602	7
2015	£581,073	£4,972	13
2014	£456,050	£4,789	10
2013	£505,970	£4,899	23
2012	£488,463	£5,229	34
2011	£335,143	£3,175	7
2010	£343,658	£3,388	6
2009	£307,222	£3,794	9
2008	£217,000		1
2007	£250,125	£3,548	4
2006	£312,273	£2,979	24
2005	£288,571	£2,973	7
2004	£299,000	£3,198	4
2003	£338,875	£2,685	8
2002	£251,328	£2,352	9
2001	£160,300	£2,211	5
2000	£213,488	£1,840	8
1999	£159,491	£1,624	17
1998	£152,757	£1,672	15
1997	£101,500	£1,108	6
1996	£91,400	£950	10
1995	£71,000	£957	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£903,250	£6,265	6
2022	£953,545	£7,363	11
2021	£860,938	£7,116	8
2020	£790,617	£6,134	6
2019	£712,500	£5,547	4
2018	£731,667	£5,973	3
2017	£806,786	£5,625	7
2016	£756,625	£5,419	6
2015	£645,636	£5,406	5
2014	£662,423	£5,510	13
2013	£582,469	£4,636	23
2012	£637,500	£4,339	2
2011	£488,750	£4,338	4
2010	£465,707	£4,021	7
2009	£444,833	£3,123	12
2008	£511,583	£3,360	6
2007	£451,788	£3,325	12
2006	£410,129	£2,831	7
2005	£388,945	£2,920	9
2004	£411,789	£2,556	6
2003	£341,667	£2,694	6
2002	£303,866	£2,469	14
2001	£258,188	£1,903	8
2000	£246,661	£1,623	9
1999	£241,945	£1,770	10
1998	£198,440	£1,209	10
1997	£163,929	£963	7
1996	£152,075	£1,086	9
1995	£128,594	£669	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£965,000	£5,188	1
2020	£342,500	£5,037	1
2019	£342,500	£5,982	2
2018	£6,400	£30	1
2017	£12,500		2
2016	£8,360	£109	1

House Type in WD17 4LU area

The most common house types in the WD17 4LU postcode area are Flat (94), Terraced (32), and Detached (2).

Total	132
Flat	94
Terraced	32
Detached	2
Semi-detached	2
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns with a mortgage or loan (44).

Private rented: Private landlord or letting agency	53
Owned: Owns with a mortgage or loan	44
Owned: Owns outright	27
Social rented: Other social rented	4
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the WD17 4LU have 2 people in household (47), and 1 person in household (45).

2 people in household	47
1 person in household	45
4 people in household	24
3 people in household	15
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0