Melrose Place - WD17 4LN
Key Postcode Insights
WD17 4LN is a residential postcode situated on Melrose Place, Watford, WD17 with 16 addresses.
It ranks as the 240th largest and 267th most expensive of the 463 postcodes in the WD17 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £638,211
- 10 Year change
- up 7.5%
- Ave. Rental Price
- £3,324pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £417/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
WD17 4LN is a residential postcode situated on Melrose Place, Watford, WD17 with 16 addresses.
It ranks as the 240th largest and 267th most expensive of the 463 postcodes in the WD17 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £638,211
- 10 Year change
- up 7.5%
- Ave. Rental Price
- £3,324pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £417/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin WD17 4LN
- 2A Melrose Place
5 Bed Modern House
- 2 Melrose Place
4 Bed Mid-century House
- 3 Melrose Place
4 Bed Mid-century House
- 4 Melrose Place
4 Bed Mid-century House
- 5 Melrose Place
4 Bed Mid-century House
Sales Market Trends
The last sale in WD17 4LN sold for £620,000 on 12th July 2024. Since then prices are down an average of 2.0%.
The current average value in the postcode is £638,211.
The WD17 4LN Sales Market has increased by 7.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £638,211 |
| June 2025 | 0.1% | £650,653 |
| June 2024 | -0.7% | £649,701 |
| June 2023 | -1.7% | £654,106 |
| June 2022 | 7.2% | £665,162 |
| June 2021 | 5.5% | £620,436 |
| June 2020 | 1.7% | £587,953 |
| June 2019 | -1.2% | £577,940 |
| June 2018 | -1.4% | £585,093 |
| June 2017 | 0% | £593,573 |
| June 2016 | 14.3% | £593,656 |
| June 2015 | 12.5% | £519,589 |
| June 2014 | 13.4% | £461,974 |
| June 2013 | 2.9% | £407,388 |
| June 2012 | 2.6% | £396,074 |
| June 2011 | 0.4% | £385,943 |
| June 2010 | 14.4% | £384,297 |
| June 2009 | -8.9% | £336,040 |
| June 2008 | -2.6% | £368,740 |
| June 2007 | 0% | £378,611 |
Rental Market Trends
The current average rental value in the postcode is £3,324.
The WD17 4LN Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £3,324pcm |
| June 2025 | 3.9% | £3,232pcm |
| June 2024 | 5.9% | £3,109pcm |
| June 2023 | 10.8% | £2,935pcm |
| June 2022 | 9% | £2,650pcm |
| June 2021 | 7.6% | £2,431pcm |
| June 2020 | 1.2% | £2,260pcm |
| June 2019 | 2.1% | £2,233pcm |
| June 2018 | -0.5% | £2,188pcm |
| June 2017 | -2% | £2,198pcm |
| June 2016 | 2.4% | £2,244pcm |
| June 2015 | 6.4% | £2,192pcm |
| June 2014 | 3.9% | £2,061pcm |
| June 2013 | 4.1% | £1,983pcm |
| June 2012 | 3% | £1,905pcm |
| June 2011 | 4.3% | £1,850pcm |
| June 2010 | 11.8% | £1,773pcm |
| June 2009 | -4.4% | £1,586pcm |
| June 2008 | 5.6% | £1,659pcm |
| June 2007 | 0% | £1,572pcm |
Sales History
The last sale was on 12th July 2024 for £620,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 18 sales since 1995.
WD17 4LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£620,000 | 4 Bed House9, Melrose Place, Watford, WD17 4LN9, Melrose Place, Watford, WD17 4LN
- Sold Jun 2021£580,000 | 4 Bed House3, Melrose Place, Watford, WD17 4LN3, Melrose Place, Watford, WD17 4LN
- Sold Feb 2021£575,000 | 4 Bed House15, Melrose Place, Watford, WD17 4LN15, Melrose Place, Watford, WD17 4LN
- Sold Nov 2018£540,000 | 4 Bed House5, Melrose Place, Watford, WD17 4LN5, Melrose Place, Watford, WD17 4LN
- Sold Apr 2018£600,000 | 4 Bed House2, Melrose Place, Watford, WD17 4LN2, Melrose Place, Watford, WD17 4LN
Nearby Postcodes
WD17 4LN is the 240th largest and the 267th most expensive postcode out of the 463 postcodes in the WD17 area.
- WD17 4LU, Melrose Place, Watford, WD17WD17 4LU19 Addresses|56 m away
- WD17 4LW, Wentworth Close, Watford, WD17WD17 4LW29 Addresses|78 m away
- WD17 4LX, Melrose Place, Watford, WD17WD17 4LX22 Addresses|81 m away
- WD17 4DL, Hempstead Road, Watford, WD17WD17 4DL3 Addresses|97 m away
- WD17 3HG, Hempstead Road, Watford, WD17WD17 3HG22 Addresses|119 m away
Property Types
- 1 modern house built after 1980
- 9 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- modern house (1)
- mid-century house (9)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (1)
- F (0)
- C (0)
- G (0)
- D (6)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jul 2024£620,000 | 4 Bed House9, Melrose Place, Watford, WD17 4LN9, Melrose Place, Watford, WD17 4LN
- Sold Apr 2018£600,000 | 4 Bed House2, Melrose Place, Watford, WD17 4LN2, Melrose Place, Watford, WD17 4LN
- Sold Jun 2021£580,000 | 4 Bed House3, Melrose Place, Watford, WD17 4LN3, Melrose Place, Watford, WD17 4LN
Schools Nearby
- Nascot Wood Junior School400 m away
- Nascot Wood Infant and Nursery School500 m away
- Cassiobury Infant and Nursery School600 m away
- Watford Grammar School for Boys1.8 km away
- Croxley Danes School2.4 km away
- Watford Grammar School for Girls2.5 km away
More reading links
Public Transport Nearby
The closest station to WD17 4LN is Watford station, which is 1.6 kilometres away.
- Watford|1.6 km away
- Watford Junction|1.6 km away
- Watford North|1.8 km away
- Watford High Street|2.7 km away
