Melbourne Road - WD23 3LT
Key Postcode Insights
WD23 3LT is a residential postcode situated on Melbourne Road, Bushey, WD23 with 11 addresses.
It ranks as the 265th largest and 289th 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 11 properties: 11 houses.
- Ave. Sale Price
- £521,881
- 10 Year change
- up 14.1%
- Ave. Rental Price
- £2,355pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £564/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
WD23 3LT is a residential postcode situated on Melbourne Road, Bushey, WD23 with 11 addresses.
It ranks as the 265th largest and 289th 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 11 properties: 11 houses.
- Ave. Sale Price
- £521,881
- 10 Year change
- up 14.1%
- Ave. Rental Price
- £2,355pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £564/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin WD23 3LT
- 47A Melbourne Road
3 Bed Modern House
- 47 Melbourne Road
3 Bed Modern House
- 49 Melbourne Road
3 Bed Early-century House
- 51 Melbourne Road
3 Bed Early-century House
- 53 Melbourne Road
House
Sales Market Trends
The last sale in WD23 3LT sold for £485,000 on 21st June 2024. Since then prices are up an average of 2.8%.
The current average value in the postcode is £521,881.
The WD23 3LT Sales Market has increased by 14.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £521,881 |
| June 2025 | 3.3% | £524,339 |
| June 2024 | -2.4% | £507,766 |
| June 2023 | -1.1% | £520,068 |
| June 2022 | 9.8% | £525,689 |
| June 2021 | 3.8% | £478,878 |
| June 2020 | 2.5% | £461,309 |
| June 2019 | -3.7% | £450,073 |
| June 2018 | -0.6% | £467,140 |
| June 2017 | 2.7% | £469,775 |
| June 2016 | 12.9% | £457,412 |
| June 2015 | 12.2% | £405,261 |
| June 2014 | 17.3% | £361,164 |
| June 2013 | 1.7% | £307,904 |
| June 2012 | 5.7% | £302,844 |
| June 2011 | 1.5% | £286,494 |
| June 2010 | 9.9% | £282,142 |
| June 2009 | -10.5% | £256,731 |
| June 2008 | 2% | £286,695 |
| June 2007 | 0% | £281,094 |
Rental Market Trends
The current average rental value in the postcode is £2,355.
The WD23 3LT Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,355pcm |
| June 2025 | 2.9% | £2,288pcm |
| June 2024 | 7.2% | £2,223pcm |
| June 2023 | 10.8% | £2,073pcm |
| June 2022 | 8.4% | £1,870pcm |
| June 2021 | 7.9% | £1,726pcm |
| June 2020 | -1.2% | £1,600pcm |
| June 2019 | -1% | £1,620pcm |
| June 2018 | 2.2% | £1,636pcm |
| June 2017 | 0.1% | £1,600pcm |
| June 2016 | 3.9% | £1,598pcm |
| June 2015 | 9.2% | £1,539pcm |
| June 2014 | 4.4% | £1,408pcm |
| June 2013 | 3% | £1,349pcm |
| June 2012 | 6.1% | £1,310pcm |
| June 2011 | 5.6% | £1,235pcm |
| June 2010 | 11% | £1,169pcm |
| June 2009 | -8.3% | £1,054pcm |
| June 2008 | 4.7% | £1,149pcm |
| June 2007 | 0% | £1,098pcm |
Sales History
The last sale was on 21st June 2024 for £485,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 16 sales since 1995.
WD23 3LT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2024£485,000 | 3 Bed House55, Melbourne Road, Bushey, WD23 3LT55, Melbourne Road, Bushey, WD23 3LT
- Sold Jun 2021£493,000 | 3 Bed House51, Melbourne Road, Bushey, WD23 3LT51, Melbourne Road, Bushey, WD23 3LT
- Sold Jan 2021£450,000 | 3 Bed House59, Melbourne Road, Bushey, WD23 3LT59, Melbourne Road, Bushey, WD23 3LT
- Sold Aug 2020£480,000 | 3 Bed House49, Melbourne Road, Bushey, WD23 3LT49, Melbourne Road, Bushey, WD23 3LT
- Sold Jan 2014£417,500 | 3 Bed House47A, Melbourne Road, Bushey, WD23 3LT47A, Melbourne Road, Bushey, WD23 3LT
Nearby Postcodes
WD23 3LT is the 265th largest and the 289th most expensive postcode out of the 696 postcodes in the WD23 area.
- WD23 3LY, Melbourne Road, Bushey, WD23WD23 3LY10 Addresses|35 m away
- WD23 3LH, Herkomer Road, Bushey, WD23WD23 3LH21 Addresses|69 m away
- WD23 3JT, Herkomer Road, Bushey, WD23WD23 3JT12 Addresses|70 m away
- WD23 3LP, Herne Road, Bushey, WD23WD23 3LP15 Addresses|74 m away
- WD23 4NS, Coldharbour Lane, Bushey, WD23WD23 4NS14 Addresses|91 m away
Property Types
- 2 modern houses built after 1980
- 1 house of an unknown age
- 5 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- modern house (2)
- house (1)
- early-century house (5)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (1)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (4)
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 School300 m away
- Bournehall Primary School600 m away
- Ashfield Junior School600 m away
- Bushey Meads School800 m away
- The Grange Academy800 m away
- Queens' School1.7 km away
More reading links
Public Transport Nearby
The closest station to WD23 3LT is Bushey station, which is 1.9 kilometres away.
- Bushey|1.9 km away
- Watford High Street|2.4 km away
- Carpenders Park|2.6 km away
