Melbourne Close - SG5 4LB
Key Street Insights
Melbourne Close is a residential street with 23 addresses.
It ranks as the 269th largest and 70th most expensive of the 498 streets in the SG5 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £326,436
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,545pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Street Insights
Melbourne Close is a residential street with 23 addresses.
It ranks as the 269th largest and 70th most expensive of the 498 streets in the SG5 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £326,436
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,545pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertieson Melbourne Close, Stotfold, Hitchin, SG5
- 1 Melbourne Close
3 Bed Mid-century House
- 2 Melbourne Close
3 Bed Mid-century House
- 3 Melbourne Close
3 Bed Mid-century House
- 4 Melbourne Close
3 Bed Mid-century House
- 5 Melbourne Close
3 Bed Mid-century House
Sales Market Trends
The last sale on Melbourne Close sold for £305,000 on 28th October 2025. Since then prices are down an average of 0.5%.
The current average value in the street is £326,436.
The Melbourne Close Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £326,436 |
| June 2025 | 1.5% | £328,099 |
| June 2024 | -2.2% | £323,222 |
| June 2023 | 2% | £330,534 |
| June 2022 | 9.9% | £324,066 |
| June 2021 | 6% | £294,783 |
| June 2020 | 0.1% | £278,172 |
| June 2019 | -0.7% | £278,017 |
| June 2018 | 1.6% | £279,948 |
| June 2017 | 7.2% | £275,661 |
| June 2016 | 13.1% | £257,155 |
| June 2015 | 12% | £227,395 |
| June 2014 | 12.2% | £203,082 |
| June 2013 | 4% | £180,946 |
| June 2012 | 0.2% | £174,034 |
| June 2011 | 0.1% | £173,616 |
| June 2010 | 7.2% | £173,519 |
| June 2009 | -9.8% | £161,799 |
| June 2008 | -2.7% | £179,291 |
| June 2007 | 0% | £184,225 |
Rental Market Trends
The current average rental value in the street is £1,545.
The Melbourne Close Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,545pcm |
| June 2025 | 6.7% | £1,497pcm |
| June 2024 | 7.7% | £1,403pcm |
| June 2023 | 9.4% | £1,302pcm |
| June 2022 | 8.5% | £1,190pcm |
| June 2021 | 5.7% | £1,097pcm |
| June 2020 | 3.4% | £1,038pcm |
| June 2019 | -0.8% | £1,004pcm |
| June 2018 | -1% | £1,013pcm |
| June 2017 | 3.3% | £1,023pcm |
| June 2016 | 6.6% | £990pcm |
| June 2015 | 7.1% | £929pcm |
| June 2014 | 5.4% | £867pcm |
| June 2013 | 4% | £823pcm |
| June 2012 | 2.1% | £791pcm |
| June 2011 | 2.5% | £775pcm |
| June 2010 | 6.4% | £756pcm |
| June 2009 | -6.5% | £710pcm |
| June 2008 | 2.8% | £760pcm |
| June 2007 | 0% | £739pcm |
Sales History
The last sale was on 28th October 2025 for £305,000 and since then the market in the area has decreased by 0.5%. The street has had a total of 36 sales since 1995.
Melbourne Close, Stotfold, Hitchin, SG5 has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£305,000 | 3 Bed House4, Melbourne Close, Hitchin, SG5 4LB4, Melbourne Close, Hitchin, SG5 4LB
- Sold Jun 2025£325,000 | 3 Bed House1, Melbourne Close, Hitchin, SG5 4LB1, Melbourne Close, Hitchin, SG5 4LB
- Sold Feb 2025£335,000 | 3 Bed House2, Melbourne Close, Hitchin, SG5 4LB2, Melbourne Close, Hitchin, SG5 4LB
- Sold Aug 2023£345,000 | 3 Bed House14, Melbourne Close, Hitchin, SG5 4LB14, Melbourne Close, Hitchin, SG5 4LB
- Sold Nov 2022£327,000 | 3 Bed House6, Melbourne Close, Hitchin, SG5 4LB6, Melbourne Close, Hitchin, SG5 4LB
Top 3 Most Expensive Sales
- Sold Aug 2023£345,000 | 3 Bed House14, Melbourne Close, Hitchin, SG5 4LB14, Melbourne Close, Hitchin, SG5 4LB
- Sold Aug 2018£340,000 | 3 Bed House17, Melbourne Close, Hitchin, SG5 4LB17, Melbourne Close, Hitchin, SG5 4LB
- Sold Dec 2021£335,000 | 3 Bed House22, Melbourne Close, Hitchin, SG5 4LB22, Melbourne Close, Hitchin, SG5 4LB
Nearby Streets
Melbourne Close, Stotfold, Hitchin, SG5 is the 269th largest and the 70th most expensive street in the SG5 area.
- Meadowsweet Way, Stotfold, Hitchin, SG543 Addresses|66 m away
- Chapel Place, Stotfold, Hitchin, SG59 Addresses|81 m away
- Harebell Avenue, Stotfold, Hitchin, SG527 Addresses|101 m away
- High Street, Stotfold, Hitchin, SG5151 Addresses|115 m away
- Brook Street, Stotfold, Hitchin, SG569 Addresses|130 m away
- Barndell Close, Stotfold, Hitchin, SG512 Addresses|131 m away
Property Types
- 19 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (19)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (5)
- G (0)
- D (11)
- No EPC (4)
Schools Nearby
- Roecroft Lower School200 m away
- St Mary's CofE Academy Stotfold600 m away
- Fairfield Park Lower School2.0 km away
- The Knights Templar School3.9 km away
- Henlow Church of England Academy4.1 km away
- Fearnhill School4.3 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Close, Stotfold, Hitchin, SG5 - SG5 4LB is Arlesey station, which is 2.9 kilometres away.
- Arlesey|2.9 km away
- Baldock|3.7 km away
- Letchworth Garden City|3.7 km away
