Housing Market Analysis for MELBOURNE ROAD, WD23 3LN

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

Overview of Sold House prices

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

Flat
- The average price is around £327,199 median price is £332,500 Standard Deviation is £54,124 with Total Sold: 14
- The Last 5 Year average price is £327,199 with Total Sold: 14
- The most recent sale happened at this postcode is FLAT 14, 16 MELBOURNE ROAD: £450,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 4, 16 MELBOURNE ROAD: £280,000 (Sold on 01 Feb 2024)
Other
- The average price is around £2,234,000 median price is £2,234,000 Standard Deviation is £334,000 with Total Sold: 4
- The Last 5 Year average price is £1,900,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 1, 16 MELBOURNE ROAD: £1,900,000 (Sold on 27 Sep 2021)
- The first recorded sale happened at this postcode is FLAT 1, 16 MELBOURNE ROAD: £2,568,000 (Sold on 13 May 2016)
Terraced
- The average price is around £371,700 median price is £428,000 Standard Deviation is £198,225 with Total Sold: 10
- The Last 5 Year average price is £583,333 with Total Sold: 3
- The most recent sale happened at this postcode is 30 MELBOURNE ROAD: £575,000 (Sold on 05 Dec 2022)
- The first recorded sale happened at this postcode is 28 MELBOURNE ROAD: £550,000 (Sold on 04 Dec 2023)
Semi-Detached
- The average price is around £310,719 median price is £272,500 Standard Deviation is £185,037 with Total Sold: 16
- The Last 5 Year average price is £680,000 with Total Sold: 1
- The most recent sale happened at this postcode is 46 MELBOURNE ROAD: £680,000 (Sold on 08 Nov 2021)
- The first recorded sale happened at this postcode is 34 MELBOURNE ROAD: £81,500 (Sold on 31 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WD23 3LN 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
2024	£337,566	£5,703	12
2023	£265,000	£6,190	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£1,900,000	£29,688	2
2016	£2,568,000	£40,125	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£600,000	£6,216	2
2018	£534,000	£6,675	1
2016	£425,000	£4,722	1
2015	£431,000	£4,490	1
2003	£245,000	£2,722	1
1999	£151,000	£1,888	1
1996	£95,000	£1,056	1
1995	£86,000	£887	1
2023	£550,000	£6,111	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£680,000	£6,820	1
2018	£510,000	£6,281	1
2016	£575,000	£5,088	1
2015	£645,000	£5,244	1
2010	£304,000	£3,430	2
2009	£310,000	£3,109	1
2003	£272,500	£3,381	2
2002	£240,000		1
2001	£162,000	£1,761	1
2000	£195,000	£1,931	2
1997	£117,000		1
1996	£108,000	£1,113	1
1995	£81,500	£984	1

All the Sales in the MELBOURNE ROAD, WD23 3LN

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

Address	Sold Date	Price	% Change
FLAT 14, 16 MELBOURNE ROADFlat, Leasehold	28 Mar 2024	£450,000	First Sale
FLAT 1, 16 MELBOURNE ROADOther, FreeholdArea: 64 Sq.mtrAge: 2023	27 Sep 2021	£1,900,000	420.55%
	19 Mar 2024	£365,000	0.0
	19 Mar 2024	£365,000	-85.79%
	13 May 2016	£2,568,000	First Sale
FLAT 7, 16 MELBOURNE ROADFlat, Leasehold	23 Feb 2024	£315,000	First Sale
FLAT 2, 16 MELBOURNE ROADFlat, Leasehold	22 Dec 2023	£270,000	First Sale
FLAT 15, 16 MELBOURNE ROADFlat, Leasehold	21 Mar 2024	£360,000	First Sale
30 MELBOURNE ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1967-1975	05 Dec 2022	£575,000	33.41%
	25 Jun 2015	£431,000	First Sale
48 MELBOURNE ROADTerraced, FreeholdArea: 97 Sq.mtrAge: 1930-1949	31 Oct 2022	£625,000	626.74%
	31 Oct 1995	£86,000	First Sale
46 MELBOURNE ROADSemi-Detached, FreeholdArea: 99.7 Sq.mtrAge: 1930-1949	08 Nov 2021	£680,000	119.35%
	28 Sep 2009	£310,000	91.36%
	01 Aug 2001	£162,000	First Sale
PRESTIGE HOUSE, 16 MELBOURNE ROADOther, Freehold	27 Sep 2021	£1,900,000	-26.01%
PRESTIGE HOUSE, 16 MELBOURNE ROADOther, Freehold	13 May 2016	£2,568,000	First Sale
42 MELBOURNE ROADSemi-Detached, FreeholdArea: 81.2 Sq.mtr	29 Jun 2018	£510,000	72.88%
	22 Jan 2010	£295,000	78.79%
	15 Dec 2000	£165,000	First Sale
50 MELBOURNE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1930-1949	26 Jun 2018	£534,000	253.64%
	01 Sep 1999	£151,000	First Sale
40 MELBOURNE ROADSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1930-1949	07 Oct 2016	£575,000	First Sale
26 MELBOURNE ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	08 Jan 2016	£425,000	First Sale
24 MELBOURNE ROADSemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1900-1929	23 Apr 2015	£645,000	186.67%
	07 Nov 2000	£225,000	First Sale
36 MELBOURNE ROADSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1930-1949	16 Jul 2010	£313,000	189.81%
	18 Oct 1996	£108,000	First Sale
34 MELBOURNE ROADSemi-Detached, FreeholdArea: 82.82 Sq.mtrAge: 1930-1949	15 Jul 2003	£280,000	243.56%
	31 Aug 1995	£81,500	First Sale
28 MELBOURNE ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	14 Apr 2003	£245,000	157.89%
	28 Mar 1996	£95,000	-82.73%
	04 Dec 2023	£550,000	First Sale
44 MELBOURNE ROADSemi-Detached, Freehold	28 Feb 2003	£265,000	126.50%
44 MELBOURNE ROADSemi-Detached, Freehold	09 Jul 1997	£117,000	First Sale
38 MELBOURNE ROADSemi-Detached, Freehold	08 Oct 2002	£240,000	First Sale
FLAT 6, 16 MELBOURNE ROADFlat, LeaseholdArea: 42 Sq.mtrAge: 2023	19 Dec 2023	£260,000	First Sale
FLAT 10, 16 MELBOURNE ROADFlat, Leasehold	19 Apr 2024	£271,789	First Sale
16A MELBOURNE ROADFlat, Leasehold	19 Apr 2024	£355,000	First Sale
FLAT 17, 16 MELBOURNE ROADFlat, Leasehold	19 Jan 2024	£300,000	First Sale
FLAT 12, 16 MELBOURNE ROADFlat, Leasehold	07 May 2024	£262,000	First Sale
FLAT 16, 16 MELBOURNE ROADFlat, Leasehold	03 Apr 2024	£377,000	First Sale
FLAT 11, 16 MELBOURNE ROADFlat, Leasehold	01 Feb 2024	£350,000	First Sale
FLAT 4, 16 MELBOURNE ROADFlat, Leasehold	01 Feb 2024	£280,000	First Sale

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

MELBOURNE ROAD, WD23 3LN Near By properties

Interactive Map

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

Flat
- The average price is around £180,882 median price is £161,250 Standard Deviation is £107,500 with Total Sold: 1,058
- The Last 5 Year average price is £287,348 with Total Sold: 176
- The most recent sale happened at this postcode is , 43 MEADOWCROFT: £122,500 (Sold on 25 Jun 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 £479,934 median price is £432,000 Standard Deviation is £264,370 with Total Sold: 369
- The Last 5 Year average price is £834,632 with Total Sold: 57
- The most recent sale happened at this postcode is , 36 NIGHTINGALE ROAD: £845,000 (Sold on 29 May 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 £636,691 median price is £362,500 Standard Deviation is £680,432 with Total Sold: 46
- The Last 5 Year average price is £665,790 with Total Sold: 15
- 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)
Semi-Detached
- The average price is around £307,622 median price is £270,000 Standard Deviation is £180,930 with Total Sold: 632
- The Last 5 Year average price is £572,084 with Total Sold: 87
- The most recent sale happened at this postcode is , 64 HERKOMER ROAD: £540,000 (Sold on 26 Mar 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 £251,434 median price is £222,550 Standard Deviation is £143,124 with Total Sold: 940
- The Last 5 Year average price is £465,472 with Total Sold: 115
- The most recent sale happened at this postcode is , 13 PALMER AVENUE: £407,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 2 FIDLER PLACE: £88,500 (Sold on 23 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£268,864	£3,646	20
2023	£279,294	£4,846	17
2022	£277,859	£5,283	32
2021	£304,559	£4,948	38
2020	£290,968	£5,349	37
2019	£288,045	£5,354	32
2018	£285,160	£5,170	34
2017	£298,242	£5,013	33
2016	£302,895	£4,983	57
2015	£275,402	£4,618	25
2014	£239,322	£3,991	38
2013	£181,200	£3,518	30
2012	£177,829	£3,197	24
2011	£168,820	£3,162	25
2010	£178,526	£3,148	25
2009	£170,013	£3,015	27
2008	£200,326	£3,708	19
2007	£173,038	£3,213	50
2006	£170,166	£3,112	57
2005	£161,883	£2,823	35
2004	£159,952	£2,928	24
2003	£157,084	£2,850	41
2002	£124,238	£2,297	42
2001	£100,984	£1,890	35
2000	£95,235	£1,717	46
1999	£71,003	£1,425	44
1998	£62,236	£1,282	62
1997	£65,004	£1,165	34
1996	£66,754	£1,133	39
1995	£55,774	£1,049	36

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£681,500	£5,537	5
2023	£894,100	£7,518	10
2022	£1,107,125	£6,374	8
2021	£898,462	£6,759	13
2020	£703,833	£5,750	12
2019	£693,611	£5,976	9
2018	£698,219	£5,977	12
2017	£734,318	£5,660	11
2016	£749,667	£6,203	9
2015	£662,636	£4,980	11
2014	£605,075	£4,350	12
2013	£552,136	£4,270	7
2012	£525,707	£4,322	7
2011	£589,500	£3,556	10
2010	£416,277	£3,532	11
2009	£524,062	£3,490	8
2008	£555,992	£3,977	3
2007	£486,960	£3,475	21
2006	£464,390	£3,281	13
2005	£540,071	£3,505	7
2004	£409,800	£3,085	15
2003	£385,317	£2,850	18
2002	£364,100	£2,599	23
2001	£297,462	£2,091	13
2000	£257,270	£2,082	15
1999	£251,559	£1,617	16
1998	£313,945	£1,763	20
1997	£201,070	£1,310	20
1996	£131,621	£1,123	14
1995	£155,894	£1,165	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£992,500		1
2023	£546,608		3
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	£835,400	£23,448	10
2015	£657,500		2
2014	£1,086,000		1
2013	£425,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£596,667	£7,826	3
2023	£618,675	£6,117	14
2022	£627,060	£6,507	17
2021	£583,912	£5,901	21
2020	£532,079	£5,440	19
2019	£483,706	£5,613	13
2018	£537,312	£5,659	16
2017	£617,972	£5,541	18
2016	£526,273	£5,507	11
2015	£479,693	£5,151	23
2014	£446,222	£4,423	16
2013	£377,429	£3,826	14
2012	£373,625	£3,920	16
2011	£320,324	£3,836	17
2010	£355,184	£3,341	16
2009	£295,711	£3,100	14
2008	£297,386	£3,670	14
2007	£315,816	£3,436	25
2006	£261,432	£3,230	25
2005	£270,938	£2,684	17
2004	£253,732	£2,792	30
2003	£255,524	£2,751	31
2002	£223,324	£2,363	35
2001	£190,295	£2,149	33
2000	£175,394	£1,872	25
1999	£155,250	£1,660	33
1998	£128,432	£1,377	22
1997	£118,716	£1,191	29
1996	£86,777	£1,065	36
1995	£93,214	£933	29

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£517,333	£6,823	3
2023	£497,375	£5,890	16
2022	£510,026	£5,966	19
2021	£459,307	£5,799	37
2020	£435,914	£5,353	18
2019	£431,273	£4,944	22
2018	£455,100	£5,442	20
2017	£445,500	£5,597	22
2016	£402,459	£5,460	22
2015	£399,381	£4,701	39
2014	£314,554	£3,978	35
2013	£269,806	£3,711	27
2012	£268,997	£3,732	18
2011	£261,225	£3,448	20
2010	£287,554	£3,341	16
2009	£237,925	£3,061	20
2008	£314,682	£3,731	19
2007	£278,992	£3,685	44
2006	£254,111	£3,199	48
2005	£236,827	£2,676	31
2004	£234,599	£2,860	39
2003	£205,275	£2,881	40
2002	£193,945	£2,359	41
2001	£152,285	£2,056	47
2000	£147,187	£1,949	46
1999	£114,101	£1,521	55
1998	£126,259	£1,458	83
1997	£102,521	£1,260	37
1996	£76,089	£1,014	30
1995	£73,119	£1,025	26

House Type in WD23 3LN area

The most common house types in the WD23 3LN postcode area are Semi-detached (76), Flat (40), and Terraced (14).

Total	138
Semi-detached	76
Flat	40
Terraced	14
Detached	7
Shared house	1
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 outright (65), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	22
Social rented: Other social rented	7
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	1
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 3LN have 1 person in household (41), and 2 people in household (40).

1 person in household	41
2 people in household	40
3 people in household	23
4 people in household	23
5 people in household	10
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0