Housing Market Analysis for MELBOURNE ROAD, WD23 3LT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £355,000 median price is £480,000 Standard Deviation is £186,045 with Total Sold: 3
    • The Last 5 Year average price is £486,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 51 MELBOURNE ROAD: £493,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is 51 MELBOURNE ROAD: £92,000 (Sold on 30 Apr 1998)
  • Semi-Detached
    • The average price is around £309,500 median price is £325,000 Standard Deviation is £128,467 with Total Sold: 7
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 59 MELBOURNE ROAD: £450,000 (Sold on 29 Jan 2021)
    • The first recorded sale happened at this postcode is 61 MELBOURNE ROAD: £75,000 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £289,940 median price is £279,950 Standard Deviation is £39,166 with Total Sold: 5
    • The most recent sale happened at this postcode is 55 MELBOURNE ROAD: £279,950 (Sold on 07 Oct 2010)
    • The first recorded sale happened at this postcode is 65 MELBOURNE ROAD: £240,000 (Sold on 19 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average WD23 3LT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£493,000 £6,321 1
2020£480,000 £5,333 1
1998£92,000 £1,179 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,000 £4,945 1
2014£417,500 £5,091 1
2013£430,000 £5,119 1
2011£325,000 £3,765 1
2004£274,000 £3,174 1
2001£195,000 £2,259 1
1995£75,000 £869 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£279,950 £3,618 1
2007£331,375 £4,329 2
2006£267,0001
2002£240,0001

All the Sales in the MELBOURNE ROAD, WD23 3LT

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

AddressSold DatePrice% Change
51 MELBOURNE ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1930-194928 Jun 2021£493,000435.87%
30 Apr 1998£92,000First Sale
59 MELBOURNE ROADSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1900-192929 Jan 2021£450,000First Sale
49 MELBOURNE ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1930-194912 Aug 2020£480,000First Sale
47A MELBOURNE ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 2012 onwards17 Jan 2014£417,50017.61%
10 Aug 2007£355,000First Sale
47 MELBOURNE ROADSemi-Detached, FreeholdArea: 84 Sq.mtr25 Oct 2013£430,000First Sale
61 MELBOURNE ROADSemi-Detached, FreeholdArea: 86.33 Sq.mtrAge: 1930-194917 Jan 2011£325,00018.61%
17 Sep 2004£274,00040.51%
06 Dec 2001£195,000160.00%
28 Feb 1995£75,000First Sale
55 MELBOURNE ROADDetached, FreeholdArea: 77.37 Sq.mtrAge: 1900-192907 Oct 2010£279,950First Sale
65 MELBOURNE ROADDetached, Freehold20 Jul 2007£307,75028.23%
19 Apr 2002£240,000First Sale
63 MELBOURNE ROADDetached, Freehold18 Dec 2006£267,000First Sale

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

MELBOURNE ROAD, WD23 3LT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £183,959 median price is £165,000 Standard Deviation is £108,751 with Total Sold: 1,055
    • The Last 5 Year average price is £289,669 with Total Sold: 147
    • The most recent sale happened at this postcode is , 9 BAIRD CLOSE: £200,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 PARKLANDS: £82,000 (Sold on 24 Jan 1995)
  • Semi-Detached
    • The average price is around £310,800 median price is £274,000 Standard Deviation is £180,677 with Total Sold: 636
    • The Last 5 Year average price is £581,072 with Total Sold: 79
    • 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 £250,845 median price is £225,000 Standard Deviation is £145,121 with Total Sold: 925
    • The Last 5 Year average price is £469,074 with Total Sold: 104
    • 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)
  • Detached
    • The average price is around £495,240 median price is £466,000 Standard Deviation is £265,738 with Total Sold: 422
    • The Last 5 Year average price is £861,233 with Total Sold: 58
    • 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 , 2 KING GEORGE AVENUE: £205,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £632,423 median price is £362,500 Standard Deviation is £701,043 with Total Sold: 42
    • The Last 5 Year average price is £750,155 with Total Sold: 12
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£284,832 £4,738 25
2023£282,000 £4,831 18
2022£277,371 £5,225 31
2021£305,083 £4,929 39
2020£290,818 £5,342 34
2019£285,639 £5,181 32
2018£286,483 £5,156 32
2017£299,446 £5,020 37
2016£306,318 £4,924 55
2015£279,965 £4,465 27
2014£250,109 £4,006 39
2013£184,947 £3,494 32
2012£178,716 £3,058 25
2011£169,604 £3,177 24
2010£178,526 £3,148 25
2009£171,094 £3,038 25
2008£199,596 £3,537 23
2007£172,866 £3,152 49
2006£171,378 £3,045 58
2005£164,097 £2,781 30
2004£161,838 £2,936 26
2003£157,591 £2,815 38
2002£122,675 £2,191 43
2001£100,471 £1,858 35
2000£96,633 £1,695 47
1999£70,559 £1,398 45
1998£62,433 £1,298 58
1997£64,383 £1,121 33
1996£69,129 £1,164 34
1995£56,244 £1,047 36
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£607,944 £7,252 9
2023£607,097 £6,303 15
2022£625,817 £6,659 16
2021£568,198 £5,970 21
2020£521,194 £5,467 18
2019£488,798 £5,562 14
2018£548,094 £5,550 16
2017£619,553 £5,807 19
2016£511,357 £5,286 14
2015£467,998 £5,097 21
2014£411,350 £4,694 13
2013£358,433 £3,816 15
2012£392,200 £3,905 15
2011£316,094 £3,737 16
2010£345,918 £3,236 19
2009£300,747 £3,076 16
2008£270,173 £3,911 11
2007£320,807 £3,351 29
2006£273,242 £3,228 26
2005£268,125 £2,663 16
2004£260,760 £2,746 30
2003£255,447 £2,548 32
2002£211,270 £2,280 33
2001£187,880 £2,039 35
2000£179,793 £1,857 22
1999£159,248 £1,723 31
1998£126,050 £1,360 27
1997£116,007 £1,222 29
1996£95,327 £1,092 30
1995£93,212 £921 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£451,333 £6,433 9
2023£489,632 £5,791 19
2022£494,950 £6,120 20
2021£465,212 £6,024 39
2020£433,909 £5,303 17
2019£431,217 £5,016 23
2018£480,400 £5,351 20
2017£442,886 £5,401 22
2016£393,436 £5,451 22
2015£391,058 £4,689 32
2014£326,660 £4,056 34
2013£285,638 £3,709 25
2012£271,768 £3,705 22
2011£269,071 £3,452 21
2010£272,925 £3,559 14
2009£232,139 £2,922 18
2008£299,568 £3,405 14
2007£285,003 £3,656 43
2006£254,905 £3,155 49
2005£237,005 £2,787 32
2004£217,581 £2,778 39
2003£199,862 £2,766 40
2002£189,163 £2,425 47
2001£145,030 £1,874 46
2000£140,492 £1,943 42
1999£110,508 £1,510 57
1998£101,511 £1,339 63
1997£91,749 £1,187 36
1996£74,631 £1,019 28
1995£74,361 £1,048 32
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£730,278 £5,537 9
2023£897,136 £7,386 11
2022£1,043,200 £6,297 10
2021£905,000 £6,269 14
2020£743,464 £5,689 14
2019£762,500 £6,133 12
2018£741,286 £6,014 14
2017£737,083 £5,694 12
2016£752,000 £5,935 11
2015£646,714 £5,209 14
2014£622,068 £4,672 14
2013£512,667 £4,164 12
2012£501,609 £3,918 11
2011£617,304 £3,233 13
2010£400,158 £3,448 13
2009£469,862 £3,171 14
2008£555,992 £3,977 3
2007£478,145 £3,279 22
2006£473,359 £2,982 14
2005£526,214 £3,505 7
2004£409,800 £3,085 15
2003£390,037 £2,812 19
2002£392,545 £2,748 29
2001£295,933 £2,073 15
2000£253,183 £1,874 14
1999£250,174 £1,654 17
1998£292,821 £1,531 17
1997£198,495 £1,320 19
1996£128,688 £1,122 17
1995£159,019 £1,160 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£992,5001
2023£546,6083
2022£540,0001
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£441,593 £5,088 10
2016£835,400 £23,448 10
2015£315,0001
2013£425,0001

House Type in WD23 3LT area

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

Total122
Terraced75
Semi-detached35
Detached9
Flat3
Shared house0
converted building0
commercial building0
temporary structure0

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 loan43
Social rented: Other social rented40
Owned: Owns outright19
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority7
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

2 people in household37
3 people in household26
1 person in household23
4 people in household23
5 people in household10
7 people in household3
0 people in household0
6 people in household0
8 or more people in household0