Housing Market Analysis for MELBOURNE ROAD, WD23 3LY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £237,125 median price is £225,500 Standard Deviation is £134,602 with Total Sold: 8
    • The Last 5 Year average price is £460,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 66 MELBOURNE ROAD: £460,000 (Sold on 04 Apr 2023)
    • The first recorded sale happened at this postcode is 66 MELBOURNE ROAD: £76,500 (Sold on 04 Oct 1996)
  • Detached
    • The average price is around £520,000 median price is £520,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE GARDEN COTTAGE, 54A MELBOURNE ROAD: £520,000 (Sold on 07 Jan 2016)
    • The first recorded sale happened at this postcode is THE GARDEN COTTAGE, 54A MELBOURNE ROAD: £520,000 (Sold on 07 Jan 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average WD23 3LY 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
2023£460,000 £6,216 1
2018£415,000 £5,321 1
2006£239,500 £3,243 2
2005£208,0001
2004£212,000 £2,718 1
1998£46,5001
1996£76,500 £1,034 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£520,0001

All the Sales in the MELBOURNE ROAD, WD23 3LY

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

AddressSold DatePrice% Change
66 MELBOURNE ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192904 Apr 2023£460,00091.67%
18 Dec 2006£240,000213.73%
04 Oct 1996£76,500First Sale
62 MELBOURNE ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1930-194906 Sep 2018£415,00095.75%
19 Mar 2004£212,000First Sale
THE GARDEN COTTAGE, 54A MELBOURNE ROADDetached, Freehold07 Jan 2016£520,000First Sale
68 MELBOURNE ROADTerraced, Freehold31 Jul 2006£239,00014.90%
16 Dec 2005£208,000First Sale
58 MELBOURNE ROADTerraced, Freehold12 Jun 1998£46,500First Sale

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

MELBOURNE ROAD, WD23 3LY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £182,465 median price is £163,000 Standard Deviation is £107,916 with Total Sold: 1,061
    • The Last 5 Year average price is £288,907 with Total Sold: 179
    • 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 £506,730 median price is £470,000 Standard Deviation is £270,851 with Total Sold: 428
    • The Last 5 Year average price is £851,566 with Total Sold: 68
    • 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)
  • Semi-Detached
    • The average price is around £312,922 median price is £274,000 Standard Deviation is £182,689 with Total Sold: 641
    • The Last 5 Year average price is £567,417 with Total Sold: 92
    • 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 , 32 BOURNEHALL AVENUE: £169,750 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £248,831 median price is £225,000 Standard Deviation is £144,167 with Total Sold: 877
    • The Last 5 Year average price is £460,101 with Total Sold: 116
    • 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)
  • Other
    • The average price is around £625,310 median price is £317,500 Standard Deviation is £732,551 with Total Sold: 38
    • The Last 5 Year average price is £711,078 with Total Sold: 11
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£282,014 £4,738 21
2023£282,000 £4,831 18
2022£277,391 £5,176 32
2021£305,884 £4,917 41
2020£291,080 £5,310 35
2019£284,702 £5,157 32
2018£286,483 £5,156 32
2017£296,129 £4,969 35
2016£306,318 £4,924 55
2015£274,627 £4,417 28
2014£241,817 £3,997 37
2013£181,259 £3,502 29
2012£178,716 £3,058 25
2011£170,521 £3,151 24
2010£179,237 £3,147 26
2009£170,283 £2,995 26
2008£199,596 £3,537 23
2007£173,009 £3,152 50
2006£171,420 £3,024 60
2005£164,097 £2,781 30
2004£162,300 £2,908 26
2003£157,886 £2,795 40
2002£122,675 £2,191 43
2001£100,471 £1,858 35
2000£96,682 £1,685 48
1999£70,960 £1,398 46
1998£62,071 £1,278 58
1997£64,841 £1,120 34
1996£68,067 £1,147 36
1995£56,244 £1,047 36
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£681,500 £5,537 5
2023£897,136 £7,386 11
2022£1,035,636 £6,155 11
2021£892,308 £6,399 13
2020£780,531 £5,521 16
2019£762,500 £6,133 12
2018£741,286 £6,014 14
2017£778,214 £5,475 14
2016£752,000 £5,935 11
2015£676,156 £5,000 16
2014£648,467 £4,569 17
2013£532,909 £4,259 11
2012£623,847 £3,805 15
2011£617,304 £3,233 13
2010£400,158 £3,448 13
2009£463,871 £3,185 15
2008£555,992 £3,977 3
2007£486,819 £3,485 21
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£281,393 £2,073 14
2000£258,812 £1,874 13
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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£654,500 £7,252 4
2023£591,966 £6,212 16
2022£625,817 £6,659 16
2021£559,224 £5,952 23
2020£547,079 £5,497 19
2019£488,798 £5,562 14
2018£546,967 £5,603 15
2017£613,842 £5,682 19
2016£511,357 £5,286 14
2015£466,498 £5,141 22
2014£453,909 £4,573 16
2013£358,679 £3,876 14
2012£406,222 £3,705 18
2011£311,912 £3,775 17
2010£345,918 £3,236 19
2009£291,247 £2,960 16
2008£281,825 £3,754 12
2007£320,447 £3,351 30
2006£273,242 £3,228 26
2005£265,000 £2,663 17
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£126,533 £1,345 26
1997£115,579 £1,222 28
1996£95,959 £1,092 29
1995£93,212 £921 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£505,500 £6,414 4
2023£483,118 £5,789 17
2022£499,289 £6,120 19
2021£456,507 £5,958 37
2020£433,909 £5,303 17
2019£426,500 £4,957 22
2018£477,632 £5,321 19
2017£443,550 £5,384 20
2016£386,050 £5,296 22
2015£392,011 £4,659 31
2014£332,389 £3,975 32
2013£280,041 £3,693 23
2012£268,448 £3,715 20
2011£262,550 £3,374 20
2010£275,458 £3,559 13
2009£232,026 £2,922 19
2008£299,568 £3,405 14
2007£284,825 £3,649 42
2006£254,174 £3,147 48
2005£235,655 £2,729 30
2004£216,044 £2,752 37
2003£196,868 £2,781 38
2002£188,823 £2,397 44
2001£145,030 £1,874 46
2000£141,665 £1,947 40
1999£108,877 £1,500 53
1998£101,129 £1,323 60
1997£90,797 £1,177 32
1996£75,802 £1,031 27
1995£72,169 £973 31
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£386,1622
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£446,214 £5,088 9
2016£835,400 £23,448 10
2015£315,0001
2013£425,0001

House Type in WD23 3LY area

The most common house types in the WD23 3LY postcode area are Terraced (78), Semi-detached (29), and Detached (5).

Total112
Terraced78
Semi-detached29
Detached5
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (54), and Owned: Owns with a mortgage or loan (28).

Social rented: Other social rented54
Owned: Owns with a mortgage or loan28
Owned: Owns outright15
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the WD23 3LY have 3 people in household (32), and 2 people in household (31).

3 people in household32
2 people in household31
1 person in household19
4 people in household18
5 people in household10
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0