Melbourne Road - WD23 3LL
Key Postcode Insights
WD23 3LL is a residential postcode situated on Melbourne Road, Bushey, WD23 with 25 addresses.
It ranks as the 537th largest and 374th most expensive of the 696 postcodes in the WD23 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 25 properties: 17 houses and 8 flats.
- Ave. Sale Price
- £613,391
- 10 Year change
- up 8.0%
- Ave. Rental Price
- £2,254pcm
- 10 Year change
- up 39.5%
- Ave. £ per ft²
- £551/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
WD23 3LL is a residential postcode situated on Melbourne Road, Bushey, WD23 with 25 addresses.
It ranks as the 537th largest and 374th most expensive of the 696 postcodes in the WD23 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 25 properties: 17 houses and 8 flats.
- Ave. Sale Price
- £613,391
- 10 Year change
- up 8.0%
- Ave. Rental Price
- £2,254pcm
- 10 Year change
- up 39.5%
- Ave. £ per ft²
- £551/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin WD23 3LL
- Lululaund Court
Modern Building | 8 Units
- 11 Melbourne Road
3 Bed Mid-century House
- 13 Melbourne Road
3 Bed Early-century House
- 15 Melbourne Road
House
- 17 Melbourne Road
3 Bed Early-century House
Sales Market Trends
The last sale in WD23 3LL sold for £600,000 on 15th January 2026. Since then prices are up an average of 0.9%.
The current average value in the postcode is £613,391.
The WD23 3LL Sales Market has increased by 8.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £613,391 |
| June 2025 | 2% | £618,837 |
| June 2024 | -1.7% | £606,710 |
| June 2023 | -1.4% | £617,438 |
| June 2022 | 8.2% | £625,898 |
| June 2021 | 2.8% | £578,539 |
| June 2020 | 1.9% | £562,546 |
| June 2019 | -3.6% | £552,217 |
| June 2018 | -0.5% | £572,616 |
| June 2017 | 1.3% | £575,525 |
| June 2016 | 11.5% | £567,908 |
| June 2015 | 9.7% | £509,267 |
| June 2014 | 15.5% | £464,158 |
| June 2013 | 1.7% | £401,851 |
| June 2012 | 5% | £395,301 |
| June 2011 | 2.2% | £376,422 |
| June 2010 | 10.1% | £368,259 |
| June 2009 | -10.1% | £334,484 |
| June 2008 | 1.7% | £372,047 |
| June 2007 | 0% | £365,979 |
Rental Market Trends
The current average rental value in the postcode is £2,254.
The WD23 3LL Rental Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £2,254pcm |
| June 2025 | 1.7% | £2,199pcm |
| June 2024 | 7.9% | £2,163pcm |
| June 2023 | 10.5% | £2,004pcm |
| June 2022 | 6.8% | £1,814pcm |
| June 2021 | 6.9% | £1,698pcm |
| June 2020 | -1.8% | £1,589pcm |
| June 2019 | -0.9% | £1,618pcm |
| June 2018 | 2.3% | £1,633pcm |
| June 2017 | -1.2% | £1,596pcm |
| June 2016 | 2.6% | £1,616pcm |
| June 2015 | 6.8% | £1,575pcm |
| June 2014 | 2.8% | £1,474pcm |
| June 2013 | 3% | £1,433pcm |
| June 2012 | 5.4% | £1,392pcm |
| June 2011 | 6.3% | £1,321pcm |
| June 2010 | 11.2% | £1,243pcm |
| June 2009 | -8% | £1,118pcm |
| June 2008 | 4.3% | £1,215pcm |
| June 2007 | 0% | £1,164pcm |
Sales History
The last sale was on 15th January 2026 for £600,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 34 sales since 1995.
WD23 3LL has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£600,000 | 3 Bed FlatFlat 1, Lululaund Court 43, Melbourne Road, Bushey, WD23 3LLFlat 1, Lululaund Court 43, Melbourne Road, Bushey, WD23 3LL
- Sold Jan 2025£665,000 | 3 Bed House21, Melbourne Road, Bushey, WD23 3LL21, Melbourne Road, Bushey, WD23 3LL
- Sold Jul 2024£465,000 | 3 Bed House17, Melbourne Road, Bushey, WD23 3LL17, Melbourne Road, Bushey, WD23 3LL
- Sold Nov 2021£725,000 | 4 Bed House45, Melbourne Road, Bushey, WD23 3LL45, Melbourne Road, Bushey, WD23 3LL
- Sold Nov 2020£515,000 | 3 Bed House23, Melbourne Road, Bushey, WD23 3LL23, Melbourne Road, Bushey, WD23 3LL
Nearby Postcodes
WD23 3LL is the 537th largest and the 374th most expensive postcode out of the 696 postcodes in the WD23 area.
- WD23 3JT, Herkomer Road, Bushey, WD23WD23 3JT12 Addresses|78 m away
- WD23 3LW, Herkomer Close, Bushey, WD23WD23 3LW15 Addresses|86 m away
- WD23 3LX, Castle Close, Bushey, WD23WD23 3LX8 Addresses|89 m away
- WD23 3LN, Melbourne Road, Bushey, WD23WD23 3LN37 Addresses|101 m away
- WD23 3HH, High Street, Bushey, WD23WD23 3HH15 Addresses|104 m away
Property Types
- 8 modern flats built after 1980
- 6 mid-century houses built between 1936 and 1979
- 6 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- modern flat (8)
- mid-century house (6)
- early-century house (6)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is B.
- A (0)
- E (5)
- B (8)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (5)
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 School400 m away
- Ashfield Junior School500 m away
- Bournehall Primary School700 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 WD23 3LL is Bushey station, which is 1.8 kilometres away.
- Bushey|1.8 km away
- Watford High Street|2.4 km away
- Carpenders Park|2.5 km away
