Melbourne Road - WD23 3LN
Key Postcode Insights
WD23 3LN is a residential postcode situated on Melbourne Road, Bushey, WD23 with 37 addresses.
It ranks as the 624th largest and 157th 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 37 properties: 17 houses and 20 flats.
- Ave. Sale Price
- £468,518
- 10 Year change
- up 4.7%
- Ave. Rental Price
- £1,909pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £565/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
WD23 3LN is a residential postcode situated on Melbourne Road, Bushey, WD23 with 37 addresses.
It ranks as the 624th largest and 157th 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 37 properties: 17 houses and 20 flats.
- Ave. Sale Price
- £468,518
- 10 Year change
- up 4.7%
- Ave. Rental Price
- £1,909pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £565/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin WD23 3LN
- 16 Melbourne Road
Modern Building | 20 Units
- 18 Melbourne Road
Unknown
- 20 Melbourne Road
Unknown
- 22 Melbourne Road
Unknown
- 24 Melbourne Road
4 Bed Early-century House
Sales Market Trends
The last sale in WD23 3LN sold for £279,000 on 19th December 2024. Since then prices are up an average of 1.1%.
The current average value in the postcode is £468,518.
The WD23 3LN Sales Market has increased by 4.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £468,518 |
| June 2025 | 1.7% | £473,077 |
| June 2024 | -1.5% | £465,341 |
| June 2023 | -1.5% | £472,555 |
| June 2022 | 7.1% | £479,539 |
| June 2021 | 1.9% | £447,921 |
| June 2020 | 2.1% | £439,431 |
| June 2019 | -3.8% | £430,390 |
| June 2018 | -1.2% | £447,561 |
| June 2017 | 1.2% | £452,815 |
| June 2016 | 12.5% | £447,652 |
| June 2015 | 10.3% | £398,072 |
| June 2014 | 16% | £360,744 |
| June 2013 | 1.3% | £310,889 |
| June 2012 | 4.9% | £307,029 |
| June 2011 | 1.8% | £292,640 |
| June 2010 | 8.1% | £287,380 |
| June 2009 | -10.6% | £265,736 |
| June 2008 | 2% | £297,109 |
| June 2007 | 0% | £291,415 |
Rental Market Trends
The current average rental value in the postcode is £1,909.
The WD23 3LN Rental Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,909pcm |
| June 2025 | 1.3% | £1,864pcm |
| June 2024 | 8.2% | £1,839pcm |
| June 2023 | 10.4% | £1,701pcm |
| June 2022 | 5.7% | £1,541pcm |
| June 2021 | 5.9% | £1,458pcm |
| June 2020 | -1.6% | £1,376pcm |
| June 2019 | -1.2% | £1,398pcm |
| June 2018 | 1.6% | £1,415pcm |
| June 2017 | -1.4% | £1,393pcm |
| June 2016 | 3.5% | £1,412pcm |
| June 2015 | 7.4% | £1,364pcm |
| June 2014 | 3.3% | £1,270pcm |
| June 2013 | 2.6% | £1,230pcm |
| June 2012 | 5.3% | £1,199pcm |
| June 2011 | 5.9% | £1,139pcm |
| June 2010 | 9.2% | £1,075pcm |
| June 2009 | -8.4% | £985pcm |
| June 2008 | 4.6% | £1,075pcm |
| June 2007 | 0% | £1,028pcm |
Sales History
The last sale was on 19th December 2024 for £279,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 48 sales since 1995.
WD23 3LN has seen 21 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£279,000 | 2 Bed FlatFlat 9, 16, Melbourne Road, Bushey, WD23 3LNFlat 9, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Sep 2024£247,500 | 2 Bed FlatFlat 18, 16, Melbourne Road, Bushey, WD23 3LNFlat 18, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Aug 2024£266,000 | 2 Bed FlatFlat 3, 16, Melbourne Road, Bushey, WD23 3LNFlat 3, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Aug 2024£377,500 | 2 Bed FlatFlat 13, 16, Melbourne Road, Bushey, WD23 3LNFlat 13, 16, Melbourne Road, Bushey, WD23 3LN
- Sold Aug 2024£642,500 | 4 Bed House52, Melbourne Road, Bushey, WD23 3LN52, Melbourne Road, Bushey, WD23 3LN
Nearby Postcodes
WD23 3LN is the 624th largest and the 157th most expensive postcode out of the 696 postcodes in the WD23 area.
- WD23 3FG, Melbourne Road, Bushey, WD23WD23 3FG11 Addresses|29 m away
- WD23 3FN, High Street, Bushey, WD23WD23 3FN19 Addresses|36 m away
- WD23 3HF, High Street, Bushey, WD23WD23 3HF11 Addresses|40 m away
- WD23 3BX, Meadowcroft, Bushey, WD23WD23 3BX37 Addresses|57 m away
- WD23 3BY, Meadowcroft, Bushey, WD23WD23 3BY20 Addresses|98 m away
Property Types
- 20 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 9 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- modern flat (20)
- mid-century house (3)
- early-century house (9)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (8)
- F (0)
- C (17)
- G (0)
- D (3)
- 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
- 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 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
