Melbourne Road - WD23 3LZ
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 183rd 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
- £421,360
- 10 Year change
- up 14.1%
- Ave. Rental Price
- £2,067pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £519/ft²
- Ave. Gross Yield
- 5.9%/year/yr
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 183rd 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
- £421,360
- 10 Year change
- up 14.1%
- Ave. Rental Price
- £2,067pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £519/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin WD23 3LZ
- 67 Melbourne Road
3 Bed Early-century House
- 69 Melbourne Road
3 Bed Early-century House
- 71 Melbourne Road
3 Bed Early-century House
- 73 Melbourne Road
3 Bed Early-century House
- 75 Melbourne Road
3 Bed Early-century House
Sales Market Trends
The last sale in WD23 3LZ sold for £350,000 on 18th December 2020. Since then prices are up an average of 12.4%.
The current average value in the postcode is £421,360.
The WD23 3LZ Sales Market has increased by 14.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £421,360 |
| June 2025 | 3.3% | £423,344 |
| June 2024 | -2.4% | £409,963 |
| June 2023 | -1.1% | £419,896 |
| June 2022 | 9.8% | £424,434 |
| June 2021 | 3.8% | £386,640 |
| June 2020 | 2.5% | £372,454 |
| June 2019 | -3.7% | £363,382 |
| June 2018 | -0.6% | £377,162 |
| June 2017 | 2.7% | £379,290 |
| June 2016 | 12.9% | £369,308 |
| June 2015 | 12.2% | £327,202 |
| June 2014 | 17.3% | £291,598 |
| June 2013 | 1.7% | £248,597 |
| June 2012 | 5.7% | £244,512 |
| June 2011 | 1.5% | £231,311 |
| June 2010 | 9.9% | £227,798 |
| June 2009 | -10.5% | £207,281 |
| June 2008 | 2% | £231,473 |
| June 2007 | 0% | £226,951 |
Rental Market Trends
The current average rental value in the postcode is £2,067.
The WD23 3LZ Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,067pcm |
| June 2025 | 2.9% | £2,009pcm |
| June 2024 | 7.2% | £1,951pcm |
| June 2023 | 10.8% | £1,820pcm |
| June 2022 | 8.4% | £1,642pcm |
| June 2021 | 7.9% | £1,515pcm |
| June 2020 | -1.2% | £1,405pcm |
| June 2019 | -1% | £1,422pcm |
| June 2018 | 2.2% | £1,436pcm |
| June 2017 | 0.1% | £1,405pcm |
| June 2016 | 3.9% | £1,403pcm |
| June 2015 | 9.2% | £1,351pcm |
| June 2014 | 4.4% | £1,236pcm |
| June 2013 | 3% | £1,184pcm |
| June 2012 | 6.1% | £1,150pcm |
| June 2011 | 5.6% | £1,084pcm |
| June 2010 | 11% | £1,026pcm |
| June 2009 | -8.3% | £925pcm |
| June 2008 | 4.7% | £1,009pcm |
| June 2007 | 0% | £964pcm |
Sales History
The last sale was on 18th December 2020 for £350,000 and since then the market in the area has increased by 12.4%. 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 House87, Melbourne Road, Bushey, WD23 3LZ87, Melbourne Road, Bushey, WD23 3LZ
- Sold Oct 2017£420,000 | 3 Bed House77, Melbourne Road, Bushey, WD23 3LZ77, Melbourne Road, Bushey, WD23 3LZ
- Sold Sep 2015£299,950 | 3 Bed House87, Melbourne Road, Bushey, WD23 3LZ87, Melbourne Road, Bushey, WD23 3LZ
- Sold Nov 2011£320,000 | 3 Bed House85, Melbourne Road, Bushey, WD23 3LZ85, Melbourne Road, Bushey, WD23 3LZ
- Sold Jan 2011£232,500 | 3 Bed House77, Melbourne Road, Bushey, WD23 3LZ77, Melbourne Road, Bushey, WD23 3LZ
Nearby Postcodes
WD23 3LZ is the 266th largest and the 183rd most expensive postcode out of the 696 postcodes in the WD23 area.
- WD23 3LJ, Melbourne Road, Bushey, WD23WD23 3LJ13 Addresses|35 m away
- WD23 3LF, Herne Road, Bushey, WD23WD23 3LF17 Addresses|79 m away
- WD23 3LP, Herne Road, Bushey, WD23WD23 3LP15 Addresses|95 m away
- WD23 3NA, Palmer Avenue, Bushey, WD23WD23 3NA20 Addresses|116 m away
- WD23 3NF, Clapgate Road, Bushey, WD23WD23 3NF46 Addresses|118 m away
Property Types
- 10 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- early-century house (10)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (1)
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 School700 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 3LZ 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
