16, Melbourne Road - WD23 3LN
Key Building Insights
16, Melbourne Road is a residential building situated on Melbourne Road, Bushey, WD23 with 20 addresses.
It ranks as the 292nd largest and 76th most expensive of the 321 buildings in the WD23 area. The most common property type is a modern flat built after 1980.
The building contains a total of 20 properties: 20 flats.
- Ave. Sale Price
- £310,208
- 10 Year change
- down 2.1%
- Ave. Rental Price
- £1,375pcm
- 10 Year change
- up 26.5%
- Ave. £ per ft²
- £581/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Building Insights
16, Melbourne Road is a residential building situated on Melbourne Road, Bushey, WD23 with 20 addresses.
It ranks as the 292nd largest and 76th most expensive of the 321 buildings in the WD23 area. The most common property type is a modern flat built after 1980.
The building contains a total of 20 properties: 20 flats.
- Ave. Sale Price
- £310,208
- 10 Year change
- down 2.1%
- Ave. Rental Price
- £1,375pcm
- 10 Year change
- up 26.5%
- Ave. £ per ft²
- £581/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties on Melbourne Road, Bushey, WD23
- Flat 1, 16 Melbourne Road
2 Bed Modern Flat
- Flat 2, 16 Melbourne Road
1 Bed Modern Flat
- Flat 3, 16 Melbourne Road
1 Bed Modern Flat
- Flat 4, 16 Melbourne Road
2 Bed Modern Flat
- Flat 5, 16 Melbourne Road
2 Bed Modern Flat
Sales Market Trends
The last sale in 16, Melbourne Road sold for £279,000 on 19th December 2024. Since then prices are up an average of 0.5%.
The current average value in the building is £310,208.
The 16, Melbourne Road Sales Market has decreased by 2.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £310,208 |
| June 2025 | 0.6% | £314,494 |
| June 2024 | -1% | £312,488 |
| June 2023 | -1.8% | £315,545 |
| June 2022 | 4.8% | £321,178 |
| June 2021 | 0.4% | £306,340 |
| June 2020 | 1.9% | £305,021 |
| June 2019 | -4.2% | £299,191 |
| June 2018 | -1.6% | £312,267 |
| June 2017 | 0.1% | £317,211 |
| June 2016 | 12.9% | £316,820 |
| June 2015 | 10.1% | £280,672 |
| June 2014 | 16% | £254,981 |
| June 2013 | 0.8% | £219,865 |
| June 2012 | 4.7% | £218,152 |
| June 2011 | 1.6% | £208,422 |
| June 2010 | 5.9% | £205,169 |
| June 2009 | -11.3% | £193,820 |
| June 2008 | 2.4% | £218,562 |
| June 2007 | 0% | £213,519 |
Rental Market Trends
The current average rental value in the building is £1,375.
The 16, Melbourne Road Rental Market has increased by 26.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,375pcm |
| June 2025 | 0.3% | £1,348pcm |
| June 2024 | 8.8% | £1,344pcm |
| June 2023 | 10.1% | £1,236pcm |
| June 2022 | 3.5% | £1,123pcm |
| June 2021 | 4.4% | £1,085pcm |
| June 2020 | -1.7% | £1,040pcm |
| June 2019 | -1.5% | £1,058pcm |
| June 2018 | 1.2% | £1,074pcm |
| June 2017 | -2.4% | £1,062pcm |
| June 2016 | 3.9% | £1,087pcm |
| June 2015 | 7.2% | £1,047pcm |
| June 2014 | 3.2% | £977pcm |
| June 2013 | 2.1% | £946pcm |
| June 2012 | 5% | £927pcm |
| June 2011 | 5.7% | £883pcm |
| June 2010 | 6.9% | £835pcm |
| June 2009 | -9.2% | £782pcm |
| June 2008 | 5.1% | £861pcm |
| June 2007 | 0% | £820pcm |
Sales History
The last recorded sale was on 19th December 2024 for £279,000 and since then the market in the area has increased by 0.5%.
16, Melbourne Road, Bushey, WD23 3LN has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Dec 2024£279,000 | 1 Bed FlatFlat 9, 16, Melbourne Road, Bushey, WD23 3LNFlat 9, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Sep 2024£247,500 | 1 Bed FlatFlat 18, 16, Melbourne Road, Bushey, WD23 3LNFlat 18, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Aug 2024£266,000 | 1 Bed FlatFlat 3, 16, Melbourne Road, Bushey, WD23 3LNFlat 3, 16, Melbourne Road, Bushey, WD23 3LN
Property Types
- 20 modern flats built after 1980
- modern flat (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (8)
- F (0)
- C (12)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold May 2016£2,568,000 | 2 Bed FlatFlat 1, 16, Melbourne Road, Bushey, WD23 3LNFlat 1, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Sep 2021£1,900,000 | 2 Bed FlatFlat 1, 16, Melbourne Road, Bushey, WD23 3LNFlat 1, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Sep 2020£815,000 | 5 Bed House31, Melbourne Road, Bushey, WD23 3LL31, Melbourne Road, Bushey, WD23 3LL
Schools Nearby
- Ashfield Junior School400 m away
- Little Reddings Primary School500 m away
- Merry Hill Infant School and Nursery600 m away
- The Grange Academy800 m away
- Bushey Meads School900 m away
- Queens' School1.8 km away
More reading links
Public Transport Nearby
The closest station to 16, Melbourne Road, Bushey, WD23 3LN is Bushey station, which is 1.8 kilometres away.
- Bushey|1.8 km away
- Carpenders Park|2.5 km away
- Watford High Street|2.5 km away