Housing Market Analysis for MELBOURNE ROAD, WD23 3LJ

Are you looking to understand WD23 3LJ 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 3LJ area, explore the WD23 3LJ Area information page.
For comprehensive crime statistics in the WD23 3LJ area, explore the WD23 3LJ Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £170,692 median price is £143,000 Standard Deviation is £119,909 with Total Sold: 13
- The Last 5 Year average price is £382,500 with Total Sold: 2
- The most recent sale happened at this postcode is 76 MELBOURNE ROAD: £380,000 (Sold on 24 Aug 2023)
- The first recorded sale happened at this postcode is 94 MELBOURNE ROAD: £65,000 (Sold on 04 Apr 1996)
Detached
- The average price is around £190,000 median price is £190,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 72 MELBOURNE ROAD: £190,000 (Sold on 12 Nov 2002)
- The first recorded sale happened at this postcode is 72 MELBOURNE ROAD: £190,000 (Sold on 12 Nov 2002)
Semi-Detached
- The average price is around £117,983 median price is £120,000 Standard Deviation is £22,886 with Total Sold: 3
- The most recent sale happened at this postcode is 96 MELBOURNE ROAD: £144,950 (Sold on 30 May 2002)
- The first recorded sale happened at this postcode is 96 MELBOURNE ROAD: £89,000 (Sold on 29 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average WD23 3LJ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£382,500	£4,941	2
2015	£320,000	£4,384	1
2007	£97,000		1
2006	£206,500		2
2003	£173,000		1
2002	£143,000	£1,959	1
2001	£126,000		1
1999	£61,000	£836	1
1998	£33,000		1
1996	£44,000	£333	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£190,000		1

House Type: Semi-Detached

Year	Avg. Price	Sold
2002	£144,950	1
2000	£120,000	1
1997	£89,000	1

All the Sales in the MELBOURNE ROAD, WD23 3LJ

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

Address	Sold Date	Price	% Change
76 MELBOURNE ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1930-1949	24 Aug 2023	£380,000	1552.17%
	24 Jun 1996	£23,000	First Sale
92 MELBOURNE ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	22 Aug 2023	£385,000	First Sale
88 MELBOURNE ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	07 Oct 2015	£320,000	123.78%
	12 Apr 2002	£143,000	134.43%
	06 Dec 1999	£61,000	First Sale
90 MELBOURNE ROADTerraced, Leasehold	14 Nov 2007	£97,000	First Sale
86 MELBOURNE ROADTerraced, Freehold	11 Jul 2006	£198,000	57.14%
	03 Apr 2001	£126,000	281.82%
	03 Apr 1998	£33,000	First Sale
74 MELBOURNE ROADTerraced, Freehold	07 Jul 2006	£215,000	First Sale
94 MELBOURNE ROADTerraced, Freehold	18 Nov 2003	£173,000	166.15%
94 MELBOURNE ROADTerraced, Freehold	04 Apr 1996	£65,000	First Sale
72 MELBOURNE ROADDetached, Freehold	12 Nov 2002	£190,000	First Sale
96 MELBOURNE ROADSemi-Detached, Freehold	30 May 2002	£144,950	20.79%
	26 May 2000	£120,000	34.83%
	29 Aug 1997	£89,000	First Sale

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

MELBOURNE ROAD, WD23 3LJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £313,746 median price is £275,000 Standard Deviation is £187,478 with Total Sold: 698
- The Last 5 Year average price is £572,385 with Total Sold: 106
- 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 , 32 BOURNEHALL AVENUE: £169,750 (Sold on 05 Jan 1995)
Terraced
- The average price is around £249,489 median price is £225,000 Standard Deviation is £141,431 with Total Sold: 989
- The Last 5 Year average price is £453,248 with Total Sold: 136
- 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 £185,603 median price is £166,750 Standard Deviation is £110,221 with Total Sold: 1,010
- The Last 5 Year average price is £293,376 with Total Sold: 171
- 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 , 5 PARKLANDS: £82,000 (Sold on 24 Jan 1995)
Detached
- The average price is around £503,635 median price is £465,000 Standard Deviation is £273,334 with Total Sold: 471
- The Last 5 Year average price is £876,240 with Total Sold: 75
- The most recent sale happened at this postcode is , 17 EDRIDGE CLOSE: £575,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 20 AVENUE RISE: £350,000 (Sold on 05 Jan 1995)
Other
- The average price is around £686,378 median price is £455,000 Standard Deviation is £752,156 with Total Sold: 34
- The Last 5 Year average price is £696,821 with Total Sold: 12
- The most recent sale happened at this postcode is , 33B HIGH STREET: £770,000 (Sold on 03 Jul 2023)
- 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	£596,278	£7,252	9
2023	£591,966	£6,212	16
2022	£691,670	£6,723	18
2021	£554,206	£5,880	25
2020	£530,310	£5,411	21
2019	£493,716	£5,439	17
2018	£548,536	£5,725	14
2017	£609,957	£5,567	23
2016	£520,831	£5,456	16
2015	£468,927	£5,061	22
2014	£445,444	£4,662	17
2013	£351,559	£3,741	17
2012	£381,444	£3,776	18
2011	£321,167	£3,753	15
2010	£346,872	£3,283	20
2009	£299,703	£3,057	17
2008	£279,377	£3,690	13
2007	£328,124	£3,288	35
2006	£269,189	£3,178	28
2005	£270,556	£2,666	18
2004	£260,252	£2,746	31
2003	£249,308	£2,468	32
2002	£200,712	£2,212	37
2001	£189,337	£1,996	38
2000	£173,020	£1,811	23
1999	£158,907	£1,726	30
1998	£125,571	£1,306	29
1997	£116,938	£1,245	33
1996	£96,979	£1,069	35
1995	£92,494	£871	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£439,429	£5,859	14
2023	£485,250	£5,788	18
2022	£495,200	£6,114	20
2021	£455,686	£5,994	39
2020	£426,926	£5,214	21
2019	£421,417	£4,984	24
2018	£476,333	£5,305	21
2017	£442,886	£5,401	22
2016	£392,411	£5,231	27
2015	£380,351	£4,673	35
2014	£327,485	£4,003	37
2013	£279,412	£3,555	29
2012	£269,537	£3,644	24
2011	£264,833	£3,367	24
2010	£267,247	£3,455	16
2009	£234,310	£2,845	21
2008	£292,897	£3,343	15
2007	£281,525	£3,599	46
2006	£252,934	£3,110	55
2005	£231,536	£2,743	32
2004	£221,395	£2,775	39
2003	£195,986	£2,713	41
2002	£181,855	£2,318	54
2001	£144,810	£1,868	48
2000	£139,616	£1,910	48
1999	£110,508	£1,510	57
1998	£100,320	£1,338	60
1997	£89,240	£1,173	38
1996	£74,184	£1,016	28
1995	£72,628	£981	36

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,360	£4,738	23
2023	£285,941	£4,831	17
2022	£281,984	£5,147	31
2021	£310,006	£4,909	39
2020	£294,181	£5,345	32
2019	£290,638	£5,263	29
2018	£299,974	£5,147	29
2017	£306,875	£5,024	32
2016	£307,804	£4,888	55
2015	£278,928	£4,406	27
2014	£249,187	£4,006	39
2013	£183,700	£3,511	29
2012	£181,376	£3,020	21
2011	£166,716	£2,941	25
2010	£183,577	£3,195	22
2009	£172,806	£2,970	24
2008	£204,898	£3,485	22
2007	£173,927	£3,138	49
2006	£175,696	£3,035	52
2005	£164,898	£2,813	28
2004	£161,092	£2,892	25
2003	£155,405	£2,808	43
2002	£121,502	£2,166	39
2001	£102,708	£1,867	36
2000	£97,002	£1,684	46
1999	£71,921	£1,406	41
1998	£62,391	£1,293	54
1997	£65,294	£1,098	31
1996	£67,119	£1,133	37
1995	£57,176	£1,052	33

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£650,312	£5,537	8
2023	£897,136	£7,386	11
2022	£1,064,800	£5,987	15
2021	£905,000	£6,269	14
2020	£839,062	£5,969	16
2019	£780,000	£6,025	11
2018	£741,286	£6,014	14
2017	£740,333	£5,454	15
2016	£752,000	£5,935	11
2015	£690,583	£4,913	18
2014	£652,164	£4,529	18
2013	£531,091	£4,141	11
2012	£493,050	£3,873	14
2011	£609,997	£3,363	16
2010	£420,246	£3,448	12
2009	£462,809	£3,027	18
2008	£555,992	£3,977	3
2007	£470,148	£3,282	25
2006	£473,359	£2,982	14
2005	£572,938	£3,505	8
2004	£413,722	£3,004	18
2003	£394,535	£2,811	20
2002	£392,800	£2,692	31
2001	£302,781	£2,073	16
2000	£251,040	£1,806	14
1999	£260,569	£1,603	21
1998	£283,874	£1,439	19
1997	£206,691	£1,318	23
1996	£126,511	£1,120	18
1995	£173,121	£1,162	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£386,162		2
2022	£540,000		1
2021	£1,900,000	£29,688	2
2020	£405,906	£5,264	5
2019	£610,000	£13,864	2
2018	£471,667	£2,528	6
2017	£762,750		4
2016	£835,400	£23,448	10
2015	£315,000		1
2013	£425,000		1

House Type in WD23 3LJ area

The most common house types in the WD23 3LJ postcode area are Terraced (75), Semi-detached (35), and Detached (9).

Total	122
Terraced	75
Semi-detached	35
Detached	9
Flat	3
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (43), and Social rented: Other social rented (40).

Owned: Owns with a mortgage or loan	43
Social rented: Other social rented	40
Owned: Owns outright	19
Private rented: Private landlord or letting agency	11
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the WD23 3LJ have 2 people in household (37), and 3 people in household (26).

2 people in household	37
3 people in household	26
1 person in household	23
4 people in household	23
5 people in household	10
7 people in household	3
0 people in household	0
6 people in household	0
8 or more people in household	0