Housing Market Analysis for MELBOURNE ROAD, WD23 3FG

Are you looking to understand WD23 3FG 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 Hertsmere postcode.

For the location information and nearby amenities in the WD23 3FG area, explore the WD23 3FG Area information page.
For comprehensive crime statistics in the WD23 3FG area, explore the WD23 3FG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WD23 3FG postcode area, The average prices are as follows,

Flat
- The average price is around £285,909 median price is £297,500 Standard Deviation is £27,722 with Total Sold: 11
- The Last 5 Year average price is £285,909 with Total Sold: 11
- The most recent sale happened at this postcode is FLAT 7, 14 MELBOURNE ROAD: £315,000 (Sold on 07 Oct 2021)
- The first recorded sale happened at this postcode is FLAT 6, 14 MELBOURNE ROAD: £305,000 (Sold on 08 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average WD23 3FG 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	Sold
2021	£298,000	5
2020	£270,000	5
2023	£305,000	1

All the Sales in the MELBOURNE ROAD, WD23 3FG

See the table below for more details on the sold house prices in the WD23 3FG, Hertsmere postcode.

Address	Sold Date	Price	% Change
FLAT 7, 14 MELBOURNE ROADFlat, Leasehold	07 Oct 2021	£315,000	First Sale
FLAT 2, 14 MELBOURNE ROADFlat, Leasehold	07 Oct 2021	£315,000	First Sale
FLAT 4, 14 MELBOURNE ROADFlat, Leasehold	09 Aug 2021	£305,000	First Sale
FLAT 3, 14 MELBOURNE ROADFlat, Leasehold	06 Aug 2021	£290,000	First Sale
FLAT 9, 14 MELBOURNE ROADFlat, Leasehold	31 Mar 2021	£265,000	First Sale
FLAT 6, 14 MELBOURNE ROADFlat, Leasehold	16 Jun 2020	£300,000	-1.64%
FLAT 6, 14 MELBOURNE ROADFlat, Leasehold	08 Dec 2023	£305,000	First Sale
FLAT 11, 14 MELBOURNE ROADFlat, Leasehold	14 May 2020	£240,000	First Sale
FLAT 8, 14 MELBOURNE ROADFlat, Leasehold	11 Mar 2020	£297,500	First Sale
FLAT 1, 14 MELBOURNE ROADFlat, Leasehold	21 Feb 2020	£282,500	First Sale
FLAT 10, 14 MELBOURNE ROADFlat, Leasehold	21 Feb 2020	£230,000	First Sale

Check out the sold house prices near the WD23 3FG postcode. Properties currently for saleProperties currently for rent

MELBOURNE ROAD, WD23 3FG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WD23 3FG 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 WD23 3FG postcode.

Semi-Detached
- The average price is around £304,534 median price is £270,000 Standard Deviation is £179,034 with Total Sold: 625
- The Last 5 Year average price is £566,932 with Total Sold: 91
- The most recent sale happened at this postcode is , 52 MELBOURNE ROAD: £642,500 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 95 MELBOURNE ROAD: £60,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £257,051 median price is £230,000 Standard Deviation is £144,328 with Total Sold: 1,151
- The Last 5 Year average price is £465,036 with Total Sold: 156
- The most recent sale happened at this postcode is , 16 GREENSWARD: £405,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 2 FIDLER PLACE: £88,500 (Sold on 23 Jan 1995)
Flat
- The average price is around £187,262 median price is £167,500 Standard Deviation is £109,035 with Total Sold: 1,001
- The Last 5 Year average price is £291,011 with Total Sold: 169
- The most recent sale happened at this postcode is , 12 CHURCH WALK: £250,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is 41, HOGARTH COURT STEEPLANDS: £70,500 (Sold on 13 Mar 1995)
Detached
- The average price is around £479,421 median price is £425,000 Standard Deviation is £273,347 with Total Sold: 292
- The Last 5 Year average price is £846,120 with Total Sold: 46
- The most recent sale happened at this postcode is , 6 BOURNEHALL LANE: £610,000 (Sold on 16 Jul 2024)
- The first recorded sale happened at this postcode is , 2 KING GEORGE AVENUE: £205,000 (Sold on 27 Jan 1995)
Other
- The average price is around £641,582 median price is £412,500 Standard Deviation is £678,909 with Total Sold: 46
- The Last 5 Year average price is £657,928 with Total Sold: 16
- The most recent sale happened at this postcode is , THE BARN COW LANE: £992,500 (Sold on 23 May 2024)
- The first recorded sale happened at this postcode is , 26B PARK ROAD: £425,000 (Sold on 25 Oct 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£575,417	£7,826	6
2023	£595,112	£6,263	13
2022	£627,632	£6,591	19
2021	£548,008	£5,936	19
2020	£562,575	£5,501	20
2019	£486,655	£5,628	14
2018	£515,944	£5,542	18
2017	£619,615	£5,532	17
2016	£477,182	£5,165	11
2015	£475,664	£5,122	21
2014	£426,254	£4,598	14
2013	£375,933	£3,770	15
2012	£368,692	£3,811	13
2011	£316,594	£3,841	16
2010	£353,321	£3,338	17
2009	£298,663	£3,100	15
2008	£286,223	£3,707	13
2007	£311,136	£3,436	25
2006	£264,608	£3,273	26
2005	£262,164	£2,785	18
2004	£251,146	£2,809	27
2003	£255,110	£2,740	30
2002	£214,272	£2,355	29
2001	£190,358	£2,151	33
2000	£175,434	£1,910	25
1999	£148,909	£1,632	34
1998	£131,650	£1,397	23
1997	£119,192	£1,219	30
1996	£84,726	£1,113	35
1995	£92,662	£904	29

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£451,700	£6,433	10
2023	£506,900	£5,876	20
2022	£495,962	£6,128	26
2021	£468,024	£5,752	51
2020	£428,566	£5,325	22
2019	£433,259	£5,030	27
2018	£465,161	£5,394	28
2017	£446,173	£5,560	26
2016	£417,986	£5,501	29
2015	£395,794	£4,698	42
2014	£317,031	£4,098	44
2013	£284,463	£3,797	34
2012	£277,156	£3,675	25
2011	£272,806	£3,469	27
2010	£285,111	£3,384	20
2009	£247,673	£3,183	26
2008	£314,682	£3,731	19
2007	£283,049	£3,668	53
2006	£255,462	£3,231	57
2005	£233,514	£2,748	33
2004	£234,795	£2,905	47
2003	£206,712	£2,909	45
2002	£196,022	£2,496	53
2001	£152,552	£2,008	55
2000	£146,176	£1,955	57
1999	£113,589	£1,543	66
1998	£125,367	£1,471	90
1997	£103,234	£1,259	51
1996	£76,784	£1,044	34
1995	£74,709	£1,034	34

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,230	£3,646	23
2023	£277,688	£4,926	16
2022	£283,804	£5,455	28
2021	£315,933	£5,012	33
2020	£290,856	£5,406	36
2019	£287,044	£5,316	33
2018	£285,160	£5,170	34
2017	£304,000	£5,179	31
2016	£310,898	£5,076	54
2015	£288,177	£4,871	26
2014	£255,572	£4,154	39
2013	£184,056	£3,547	32
2012	£184,837	£3,262	19
2011	£182,167	£3,415	24
2010	£186,961	£3,285	22
2009	£172,694	£3,067	25
2008	£206,178	£3,677	18
2007	£177,597	£3,291	46
2006	£173,847	£3,110	56
2005	£163,997	£2,874	35
2004	£162,604	£2,891	23
2003	£163,001	£2,849	42
2002	£129,931	£2,383	34
2001	£104,984	£1,920	37
2000	£96,678	£1,684	41
1999	£71,647	£1,483	39
1998	£62,140	£1,287	58
1997	£64,447	£1,135	30
1996	£67,168	£1,127	38
1995	£55,307	£1,083	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£669,500		5
2023	£856,200	£9,066	5
2022	£1,064,667	£6,321	9
2021	£939,250	£6,919	10
2020	£717,333	£5,456	9
2019	£732,812	£5,909	8
2018	£613,438	£6,062	6
2017	£733,750	£5,590	10
2016	£762,125	£6,352	8
2015	£685,500	£5,122	8
2014	£612,990	£4,272	10
2013	£519,369	£4,126	8
2012	£498,994	£4,188	8
2011	£589,500	£3,556	10
2010	£409,641	£3,583	11
2009	£483,333	£4,295	3
2008	£555,992	£3,977	3
2007	£471,421	£3,357	17
2006	£480,557	£3,281	10
2005	£568,417	£3,505	6
2004	£380,417	£3,023	12
2003	£364,150	£2,782	13
2002	£315,108	£2,456	13
2001	£294,455	£2,091	11
2000	£246,581	£2,147	13
1999	£238,345	£1,608	10
1998	£313,945	£1,763	20
1997	£187,716	£1,313	16
1996	£134,439	£1,101	9
1995	£157,150	£1,242	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£992,500		1
2023	£546,608		3
2022	£540,000		1
2021	£1,900,000	£29,688	2
2020	£341,588	£5,264	6
2019	£501,667	£9,088	3
2018	£505,000	£3,125	6
2017	£462,812	£5,088	11
2016	£893,222	£23,448	9
2015	£657,500		2
2014	£1,086,000		1
2013	£425,000		1

House Type in WD23 3FG area

The most common house types in the WD23 3FG postcode area are Flat (114), converted building (8), and Terraced (5).

Total	137
Flat	114
converted building	8
Terraced	5
Semi-detached	4
Shared house	4
commercial building	2
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	29
Private rented: Private landlord or letting agency	25
Social rented: Other social rented	6
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the WD23 3FG have 1 person in household (88), and 2 people in household (33).

1 person in household	88
2 people in household	33
3 people in household	11
5 people in household	3
4 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0