Housing Market Analysis for MELBOURNE ROAD, WD23 3NE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £336,183 median price is £320,500 Standard Deviation is £177,046 with Total Sold: 38
- The Last 5 Year average price is £545,615 with Total Sold: 13
- The most recent sale happened at this postcode is 122 MELBOURNE ROAD: £700,000 (Sold on 22 Feb 2024)
- The first recorded sale happened at this postcode is 132 MELBOURNE ROAD: £550,000 (Sold on 01 Mar 2024)
Terraced
- The average price is around £187,500 median price is £197,000 Standard Deviation is £35,451 with Total Sold: 4
- The most recent sale happened at this postcode is 124 MELBOURNE ROAD: £219,000 (Sold on 20 Apr 2004)
- The first recorded sale happened at this postcode is 108 MELBOURNE ROAD: £135,000 (Sold on 28 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average WD23 3NE 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£625,000		2
2023	£555,667	£5,520	6
2022	£510,500	£6,601	2
2021	£548,000	£4,928	1
2020	£400,000	£4,819	1
2019	£540,000	£4,821	1
2015	£415,000	£5,000	1
2014	£333,000	£3,646	1
2012	£308,000	£4,228	1
2011	£346,500	£3,088	1
2010	£320,500	£3,249	2
2008	£349,950	£4,860	1
2007	£303,250	£3,312	4
2005	£229,500	£2,580	2
2004	£227,500	£2,209	1
2002	£185,000	£2,026	1
2001	£173,000	£1,795	1
2000	£146,000	£2,014	2
1999	£135,000		2
1998	£128,000		1
1996	£84,000	£816	1
1995	£85,667	£819	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£220,000	£2,546	2
2002	£175,000		1
2001	£135,000		1

All the Sales in the MELBOURNE ROAD, WD23 3NE

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

Address	Sold Date	Price	% Change
122 MELBOURNE ROADSemi-Detached, Freehold	22 Feb 2024	£700,000	29.63%
	10 May 2019	£540,000	120.41%
	09 Sep 2005	£245,000	First Sale
142 MELBOURNE ROADSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	23 Oct 2023	£562,000	0.0
	23 Oct 2023	£562,000	First Sale
140 MELBOURNE ROADSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1900-1929	17 Jul 2023	£560,000	146.15%
	30 Jun 2004	£227,500	170.83%
	14 Jun 1996	£84,000	-85.00%
	17 Jul 2023	£560,000	First Sale
114 MELBOURNE ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	26 May 2023	£440,000	First Sale
144 MELBOURNE ROADSemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1930-1949	20 Apr 2023	£650,000	664.71%
	29 Aug 1995	£85,000	First Sale
112 MELBOURNE ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	01 Aug 2022	£532,000	85.04%
	09 Feb 2007	£287,500	First Sale
106 MELBOURNE ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	29 Jun 2022	£489,000	39.73%
	14 Nov 2008	£349,950	63.53%
	21 Dec 2005	£214,000	47.59%
	26 May 2000	£145,000	First Sale
134 MELBOURNE ROADSemi-Detached, FreeholdArea: 111.21 Sq.mtrAge: 1900-1929	01 Mar 2021	£548,000	55.90%
	26 Jul 2007	£351,501	244.61%
	30 Nov 1995	£102,000	First Sale
116 MELBOURNE ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	30 Jan 2020	£400,000	First Sale
124 MELBOURNE ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	30 Oct 2015	£415,000	89.50%
	20 Apr 2004	£219,000	First Sale
120 MELBOURNE ROADSemi-Detached, FreeholdArea: 91.33 Sq.mtrAge: 1930-1949	31 Jan 2014	£333,000	80.00%
	30 May 2002	£185,000	First Sale
102 MELBOURNE ROADSemi-Detached, FreeholdArea: 72.85 Sq.mtrAge: 1900-1929	09 Mar 2012	£308,000	First Sale
136 MELBOURNE ROADSemi-Detached, FreeholdArea: 112.22 Sq.mtrAge: 1900-1929	16 Dec 2011	£346,500	First Sale
132 MELBOURNE ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-1949	17 Dec 2010	£321,000	45.25%
	10 Mar 2004	£221,000	-59.82%
	01 Mar 2024	£550,000	First Sale
118 MELBOURNE ROADSemi-Detached, FreeholdArea: 96.38 Sq.mtrAge: 1930-1949	25 Oct 2010	£320,000	84.97%
	10 Aug 2001	£173,000	First Sale
104 MELBOURNE ROADSemi-Detached, Freehold	09 Nov 2007	£300,000	First Sale
148 MELBOURNE ROADSemi-Detached, Freehold	21 Feb 2007	£274,000	122.76%
148 MELBOURNE ROADSemi-Detached, Freehold	16 Jul 1999	£123,000	First Sale
108 MELBOURNE ROADTerraced, Freehold	02 Aug 2002	£175,000	29.63%
108 MELBOURNE ROADTerraced, Freehold	28 Sep 2001	£135,000	First Sale
152 MELBOURNE ROADSemi-Detached, Freehold	14 Apr 2000	£147,000	14.84%
152 MELBOURNE ROADSemi-Detached, Freehold	25 Aug 1998	£128,000	First Sale
126 MELBOURNE ROADSemi-Detached, Freehold	09 Dec 1999	£147,000	First Sale
98 MELBOURNE ROADSemi-Detached, Freehold	01 Aug 1995	£70,000	First Sale

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

MELBOURNE ROAD, WD23 3NE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £316,224 median price is £275,000 Standard Deviation is £190,332 with Total Sold: 763
- The Last 5 Year average price is £577,881 with Total Sold: 119
- 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 £252,088 median price is £229,225 Standard Deviation is £142,337 with Total Sold: 1,020
- The Last 5 Year average price is £453,106 with Total Sold: 147
- 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 £189,566 median price is £166,500 Standard Deviation is £116,877 with Total Sold: 879
- The Last 5 Year average price is £289,742 with Total Sold: 154
- 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 , 10 MOAT CLOSE: £72,000 (Sold on 31 Jan 1995)
Detached
- The average price is around £501,557 median price is £458,000 Standard Deviation is £271,684 with Total Sold: 411
- The Last 5 Year average price is £870,081 with Total Sold: 70
- 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 £683,401 median price is £485,000 Standard Deviation is £730,994 with Total Sold: 37
- The Last 5 Year average price is £681,724 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£590,115	£6,469	13
2023	£599,619	£6,360	16
2022	£692,635	£6,671	19
2021	£591,798	£5,877	29
2020	£526,500	£5,386	22
2019	£479,859	£5,270	20
2018	£536,882	£5,599	17
2017	£626,152	£5,729	28
2016	£503,956	£5,350	16
2015	£476,314	£5,049	22
2014	£391,409	£4,512	17
2013	£351,500	£3,708	19
2012	£390,100	£3,929	20
2011	£343,794	£3,794	17
2010	£341,800	£3,271	20
2009	£300,495	£3,031	22
2008	£268,704	£3,633	14
2007	£327,467	£3,096	35
2006	£268,388	£3,110	33
2005	£292,263	£2,618	19
2004	£257,429	£2,841	31
2003	£247,246	£2,428	38
2002	£209,594	£2,216	41
2001	£185,834	£1,985	38
2000	£163,172	£1,755	23
1999	£158,306	£1,787	35
1998	£127,946	£1,259	26
1997	£114,900	£1,212	40
1996	£101,975	£1,085	39
1995	£89,024	£847	34

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,333	£5,902	15
2023	£485,789	£5,938	22
2022	£493,870	£6,089	23
2021	£452,750	£6,020	37
2020	£425,477	£5,131	24
2019	£422,769	£4,934	26
2018	£467,682	£5,445	22
2017	£443,025	£5,464	20
2016	£404,670	£5,288	30
2015	£387,554	£4,671	37
2014	£324,969	£4,065	36
2013	£277,998	£3,508	31
2012	£264,276	£3,630	25
2011	£262,769	£3,285	26
2010	£267,779	£3,528	14
2009	£233,831	£2,845	21
2008	£289,578	£3,326	18
2007	£282,084	£3,589	49
2006	£256,043	£3,111	55
2005	£231,821	£2,767	31
2004	£221,205	£2,789	41
2003	£197,286	£2,722	42
2002	£182,179	£2,348	51
2001	£145,198	£1,925	50
2000	£140,700	£1,900	48
1999	£111,880	£1,515	58
1998	£101,706	£1,327	64
1997	£93,526	£1,197	40
1996	£74,647	£1,018	30
1995	£74,618	£1,048	34

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,740	£4,738	22
2023	£284,524	£4,705	19
2022	£271,577	£5,136	26
2021	£307,556	£4,814	31
2020	£283,085	£5,305	27
2019	£297,362	£5,326	29
2018	£297,790	£5,083	24
2017	£304,933	£4,797	30
2016	£311,736	£4,832	54
2015	£290,752	£4,460	23
2014	£288,373	£4,030	45
2013	£190,212	£3,560	25
2012	£178,645	£2,921	20
2011	£164,781	£2,963	21
2010	£187,379	£3,298	19
2009	£162,342	£2,951	18
2008	£205,472	£3,359	18
2007	£166,244	£2,974	43
2006	£172,731	£3,024	43
2005	£158,357	£2,754	23
2004	£159,229	£2,705	17
2003	£149,914	£2,789	35
2002	£118,403	£2,027	34
2001	£102,059	£1,797	33
2000	£92,773	£1,680	37
1999	£70,736	£1,396	35
1998	£59,833	£1,218	47
1997	£60,887	£1,036	23
1996	£67,359	£1,137	29
1995	£55,372	£1,020	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£650,312	£5,537	8
2023	£883,833	£7,344	12
2022	£1,024,778	£6,211	13
2021	£904,003	£6,180	15
2020	£856,154	£5,965	13
2019	£787,222	£6,101	9
2018	£739,444	£6,231	9
2017	£720,654	£5,581	13
2016	£762,200	£6,021	10
2015	£627,357	£4,906	14
2014	£626,073	£4,622	13
2013	£504,205	£4,165	10
2012	£488,669	£3,707	13
2011	£609,997	£3,363	16
2010	£410,612	£3,447	13
2009	£452,223	£3,029	16
2008	£496,994	£3,977	4
2007	£472,960	£3,274	20
2006	£446,814	£2,698	16
2005	£568,167	£3,505	9
2004	£413,083	£3,089	12
2003	£378,178	£2,794	18
2002	£378,514	£2,709	25
2001	£301,341	£2,019	16
2000	£250,380	£2,020	12
1999	£268,789	£1,803	18
1998	£307,530	£1,561	15
1997	£203,952	£1,284	23
1996	£119,496	£1,072	12
1995	£185,700	£1,259	14

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	£338,922	£5,264	6
2019	£610,000	£13,864	2
2018	£471,667	£2,528	6
2017	£690,200		5
2016	£893,222	£23,448	9
2015	£315,000		1
2013	£425,000		1

House Type in WD23 3NE area

The most common house types in the WD23 3NE postcode area are Semi-detached (81), Terraced (22), and Detached (17).

Total	128
Semi-detached	81
Terraced	22
Detached	17
Shared house	7
Flat	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 with a mortgage or loan (67), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan	67
Owned: Owns outright	48
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the WD23 3NE have 2 people in household (45), and 4 people in household (29).

2 people in household	45
4 people in household	29
1 person in household	22
3 people in household	19
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0