Melbourne Road - WD23 3LJ
Key Postcode Insights
WD23 3LJ is a residential postcode situated on Melbourne Road, Bushey, WD23 with 13 addresses.
It ranks as the 319th largest and 159th most expensive of the 696 postcodes in the WD23 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £414,127
- 10 Year change
- up 14.1%
- Ave. Rental Price
- £1,912pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £488/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
WD23 3LJ is a residential postcode situated on Melbourne Road, Bushey, WD23 with 13 addresses.
It ranks as the 319th largest and 159th most expensive of the 696 postcodes in the WD23 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £414,127
- 10 Year change
- up 14.1%
- Ave. Rental Price
- £1,912pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £488/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin WD23 3LJ
- 72 Melbourne Road
House
- 74 Melbourne Road
House
- 76 Melbourne Road
3 Bed Early-century House
- 78 Melbourne Road
3 Bed Early-century House
- 80 Melbourne Road
House
Sales Market Trends
The last sale in WD23 3LJ sold for £380,000 on 24th August 2023. Since then prices are up an average of 1.3%.
The current average value in the postcode is £414,127.
The WD23 3LJ Sales Market has increased by 14.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £414,127 |
| June 2025 | 3.3% | £416,079 |
| June 2024 | -2.4% | £402,931 |
| June 2023 | -1.1% | £412,692 |
| June 2022 | 9.8% | £417,152 |
| June 2021 | 3.8% | £380,004 |
| June 2020 | 2.5% | £366,063 |
| June 2019 | -3.7% | £357,148 |
| June 2018 | -0.6% | £370,689 |
| June 2017 | 2.7% | £372,784 |
| June 2016 | 12.9% | £362,973 |
| June 2015 | 12.2% | £321,595 |
| June 2014 | 17.3% | £286,613 |
| June 2013 | 1.7% | £244,353 |
| June 2012 | 5.7% | £240,336 |
| June 2011 | 1.5% | £227,364 |
| June 2010 | 9.9% | £223,906 |
| June 2009 | -10.4% | £203,731 |
| June 2008 | 2% | £227,500 |
| June 2007 | 0% | £223,060 |
Rental Market Trends
The current average rental value in the postcode is £1,912.
The WD23 3LJ Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,912pcm |
| June 2025 | 2.9% | £1,858pcm |
| June 2024 | 7.2% | £1,805pcm |
| June 2023 | 10.8% | £1,683pcm |
| June 2022 | 8.4% | £1,519pcm |
| June 2021 | 7.9% | £1,402pcm |
| June 2020 | -1.2% | £1,299pcm |
| June 2019 | -1% | £1,315pcm |
| June 2018 | 2.2% | £1,328pcm |
| June 2017 | 0.1% | £1,299pcm |
| June 2016 | 3.9% | £1,297pcm |
| June 2015 | 9.2% | £1,249pcm |
| June 2014 | 4.4% | £1,144pcm |
| June 2013 | 3% | £1,095pcm |
| June 2012 | 6.1% | £1,063pcm |
| June 2011 | 5.6% | £1,003pcm |
| June 2010 | 11% | £949pcm |
| June 2009 | -8.3% | £856pcm |
| June 2008 | 4.7% | £933pcm |
| June 2007 | 0% | £892pcm |
Sales History
The last sale was on 24th August 2023 for £380,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 17 sales since 1995.
WD23 3LJ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2023£380,000 | 3 Bed House76, Melbourne Road, Bushey, WD23 3LJ76, Melbourne Road, Bushey, WD23 3LJ
- Sold Aug 2023£385,000 | 3 Bed House92, Melbourne Road, Bushey, WD23 3LJ92, Melbourne Road, Bushey, WD23 3LJ
- Sold Oct 2015£320,000 | 3 Bed House88, Melbourne Road, Bushey, WD23 3LJ88, Melbourne Road, Bushey, WD23 3LJ
- Sold Nov 2007£97,000 | 2 Bed House90, Melbourne Road, Bushey, WD23 3LJ90, Melbourne Road, Bushey, WD23 3LJ
- Sold Jul 2006£198,000 | 3 Bed House86, Melbourne Road, Bushey, WD23 3LJ86, Melbourne Road, Bushey, WD23 3LJ
Nearby Postcodes
WD23 3LJ is the 319th largest and the 159th most expensive postcode out of the 696 postcodes in the WD23 area.
- WD23 3LZ, Melbourne Road, Bushey, WD23WD23 3LZ11 Addresses|35 m away
- WD23 4FE, Cooks Mead, Bushey, WD23WD23 4FE64 Addresses|87 m away
- WD23 3NA, Palmer Avenue, Bushey, WD23WD23 3NA20 Addresses|95 m away
- WD23 3LG, Herne Road, Bushey, WD23WD23 3LG25 Addresses|97 m away
- WD23 3LR, Herne Road, Bushey, WD23WD23 3LR15 Addresses|108 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 5 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (1)
- house (1)
- early-century house (5)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (7)
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
- Little Reddings Primary School200 m away
- Bournehall Primary School500 m away
- Ashfield Junior School800 m away
- Bushey Meads School700 m away
- The Grange Academy800 m away
- Queens' School1.6 km away
More reading links
Public Transport Nearby
The closest station to WD23 3LJ is Bushey station, which is 1.9 kilometres away.
- Bushey|1.9 km away
- Watford High Street|2.4 km away
- Carpenders Park|2.7 km away
