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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
WD23 3LZHouse Prices / East of England, Hertsmere, Melbourne Road
Last updated May 2026
Key Postcode Insights
WD23 3LZ is a residential postcode situated on Melbourne Road, Bushey, WD23 with 11 addresses.
It ranks as the 266th largest and 167th most expensive of the 695 postcodes in the WD23 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 11 properties: 11 houses.
11
Properties
- Houses
Key Postcode Insights
WD23 3LZ is a residential postcode situated on Melbourne Road, Bushey, WD23 with 11 addresses.
It ranks as the 266th largest and 167th most expensive of the 695 postcodes in the WD23 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 11 properties: 11 houses.
11
Properties
- Houses
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House Pricesin WD23 3LZ
Sale prices range from £375,335 for 3 bedroom freehold houses with a garden (753 ft2) to £454,965 for 3 bedroom freehold houses with a garden (1,033 ft2) .
Monthly rental prices range from £1,842 pcm for 3 bed houses to £2,144 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £489.
Average Sale Value
£394,901
Average Rental Value
£1,918 pcm
Average Rental Yield
5.8% /year
Average Value Per Sqft
£489 /ft2
Sales Market Trendsin WD23 3LZ
The last sale in WD23 3LZ sold for £350,000 on 18th December 2020. Since then prices are up an average of 10.7%.
The current average value in the postcode is £394,901.
The WD23 3LZ Sales Market has increased by 14.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £394,901 |
| April 2025 | 2.6% | £398,087 |
| April 2024 | -3.7% | £388,038 |
| April 2023 | 2.3% | £403,125 |
| April 2022 | 8.7% | £394,160 |
| April 2021 | 3.2% | £362,633 |
| April 2020 | 0.6% | £351,346 |
| April 2019 | -3.2% | £349,325 |
| April 2018 | -0.2% | £360,899 |
| April 2017 | 4.9% | £361,500 |
| April 2016 | 13.3% | £344,694 |
| April 2015 | 13.6% | £304,334 |
| April 2014 | 15.3% | £267,964 |
| April 2013 | 2.1% | £232,423 |
| April 2012 | 5.4% | £227,600 |
| April 2011 | 4.4% | £215,994 |
| April 2010 | 5.4% | £206,988 |
| April 2009 | -11.6% | £196,460 |
| April 2008 | 5.3% | £222,123 |
| April 2007 | 0% | £211,000 |
Rental Market Trendsin WD23 3LZ
The current average rental value in the postcode is £1,918.
The WD23 3LZ Rental Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,918pcm |
| April 2025 | 3.7% | £1,872pcm |
| April 2024 | 7.3% | £1,806pcm |
| April 2023 | 10.5% | £1,683pcm |
| April 2022 | 7.2% | £1,523pcm |
| April 2021 | 7.7% | £1,421pcm |
| April 2020 | -1.8% | £1,319pcm |
| April 2019 | 0% | £1,344pcm |
| April 2018 | 1.2% | £1,344pcm |
| April 2017 | 1.5% | £1,328pcm |
| April 2016 | 3.8% | £1,308pcm |
| April 2015 | 10.7% | £1,261pcm |
| April 2014 | 2.5% | £1,139pcm |
| April 2013 | 7.6% | £1,111pcm |
| April 2012 | 3.5% | £1,033pcm |
| April 2011 | 7.5% | £998pcm |
| April 2010 | 7.1% | £928pcm |
| April 2009 | -8.6% | £866pcm |
| April 2008 | 5.3% | £948pcm |
| April 2007 | 0% | £900pcm |
Explore Propertiesin WD23 3LZ, Melbourne Road, Bushey, WD23
- 67, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 69, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 71, Melbourne Road, Bushey, WD23 3LZ
- 73, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 75, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 77, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 79, Melbourne Road, Bushey, WD23 3LZ
- 81, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 83, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 85, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
- 87, Melbourne Road, Bushey, WD23 3LZ3 bed early-century house
Sales Historyin WD23 3LZ
The last sale was on 18th December 2020 for £350,000 and since then the market in the area has increased by 10.7%. The postcode has had a total of 9 sales since 1995.
WD23 3LZ has seen no sales in the last three years and no sales in the last twelve months.
Sold Dec 2020£350,000 | 3 Bed HouseMelbourne Road87, Melbourne Road, Bushey, WD23 3LZ
Sold Oct 2017£420,000 | 3 Bed HouseMelbourne Road77, Melbourne Road, Bushey, WD23 3LZ
Sold Sep 2015£299,950 | 3 Bed HouseMelbourne Road87, Melbourne Road, Bushey, WD23 3LZ
Sold Nov 2011£320,000 | 3 Bed HouseMelbourne Road85, Melbourne Road, Bushey, WD23 3LZ
Sold Jan 2011£232,500 | 3 Bed HouseMelbourne Road77, Melbourne Road, Bushey, WD23 3LZ
Sold Nov 2005£204,000 | 3 Bed HouseMelbourne Road77, Melbourne Road, Bushey, WD23 3LZ
Sold Nov 2002£159,500 | 3 Bed HouseMelbourne Road83, Melbourne Road, Bushey, WD23 3LZ
Sold Apr 1997£84,000 | 3 Bed HouseMelbourne Road67, Melbourne Road, Bushey, WD23 3LZ
Sold May 1995£62,000 | 3 Bed HouseMelbourne Road75, Melbourne Road, Bushey, WD23 3LZ
Nearby Postcodesto WD23 3LZ
WD23 3LZ is the 266th largest and the 167th most expensive postcode out of the 695 postcodes in the WD23 area.
- 35 mWD23 3LJ, Melbourne Road, Bushey, WD23WD23 3LJ13 Addresses
- 79 mWD23 3LF, Herne Road, Bushey, WD23WD23 3LF17 Addresses
- 95 mWD23 3LP, Herne Road, Bushey, WD23WD23 3LP15 Addresses
- 116 mWD23 3NA, Palmer Avenue, Bushey, WD23WD23 3NA20 Addresses
- 118 mWD23 3NF, Clapgate Road, Bushey, WD23WD23 3NF46 Addresses
- 121 mWD23 3LT, Melbourne Road, Bushey, WD23WD23 3LT11 Addresses
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Property Typesin WD23 3LZ
- 9 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- early-century house (9)
- Unknown (2)
Energy Efficiencyof properties in WD23 3LZ
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Saleson Melbourne Road
Schools Nearbyto WD23 3LZ
The nearest primary school to WD23 3LZ is Little Reddings Primary School which is 207 metres away.
- 207mLittle Reddings Primary School
- 450mBournehall Primary School
- 746mAshfield Junior School
The nearest secondary school is Bushey Meads School which is 704 metres away.
- 704mBushey Meads School
- 782mThe Grange Academy
- 1.6kmQueens' School
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Public Transport Nearbyto WD23 3LZ
The closest station to WD23 3LZ is Bushey station which is 1.9 kilometres away.
- 1.9kmBushey
- 2.4kmWatford High Street
- 2.7kmCarpenders Park
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