Melbourne Road - WD23 3NE
Key Postcode Insights
WD23 3NE is a residential postcode situated on Melbourne Road, Bushey, WD23 with 28 addresses.
It ranks as the 561st largest and 325th 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 28 properties: 28 houses.
- Ave. Sale Price
- £545,727
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £2,435pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £540/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
WD23 3NE is a residential postcode situated on Melbourne Road, Bushey, WD23 with 28 addresses.
It ranks as the 561st largest and 325th 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 28 properties: 28 houses.
- Ave. Sale Price
- £545,727
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £2,435pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £540/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin WD23 3NE
- 98 Melbourne Road
House
- 100 Melbourne Road
House
- 102 Melbourne Road
4 Bed Early-century House
- 104 Melbourne Road
3 Bed House
- 106 Melbourne Road
3 Bed Early-century House
Sales Market Trends
The last sale in WD23 3NE sold for £525,000 on 5th April 2024. Since then prices are up an average of 3.1%.
The current average value in the postcode is £545,727.
The WD23 3NE Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £545,727 |
| June 2025 | 2.9% | £548,393 |
| June 2024 | -2.2% | £532,886 |
| June 2023 | -1.1% | £544,877 |
| June 2022 | 9.9% | £550,908 |
| June 2021 | 3.9% | £501,367 |
| June 2020 | 2.3% | £482,507 |
| June 2019 | -3.4% | £471,649 |
| June 2018 | -0.6% | £488,092 |
| June 2017 | 2.6% | £491,154 |
| June 2016 | 11.9% | £478,828 |
| June 2015 | 10.7% | £428,003 |
| June 2014 | 16.1% | £386,557 |
| June 2013 | 1.9% | £332,880 |
| June 2012 | 5.3% | £326,626 |
| June 2011 | 2.2% | £310,290 |
| June 2010 | 11.5% | £303,684 |
| June 2009 | -9.4% | £272,255 |
| June 2008 | 1.3% | £300,521 |
| June 2007 | 0% | £296,543 |
Rental Market Trends
The current average rental value in the postcode is £2,435.
The WD23 3NE Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,435pcm |
| June 2025 | 2.6% | £2,366pcm |
| June 2024 | 7.4% | £2,307pcm |
| June 2023 | 10.8% | £2,147pcm |
| June 2022 | 8.5% | £1,938pcm |
| June 2021 | 8% | £1,787pcm |
| June 2020 | -1.4% | £1,655pcm |
| June 2019 | -0.7% | £1,678pcm |
| June 2018 | 2.1% | £1,690pcm |
| June 2017 | 0% | £1,654pcm |
| June 2016 | 2.9% | £1,654pcm |
| June 2015 | 7.8% | £1,607pcm |
| June 2014 | 3.4% | £1,491pcm |
| June 2013 | 3.2% | £1,442pcm |
| June 2012 | 5.6% | £1,397pcm |
| June 2011 | 6.3% | £1,322pcm |
| June 2010 | 12.6% | £1,244pcm |
| June 2009 | -7.3% | £1,105pcm |
| June 2008 | 4% | £1,191pcm |
| June 2007 | 0% | £1,145pcm |
Sales History
The last sale was on 5th April 2024 for £525,000 and since then the market in the area has increased by 3.1%. The postcode has had a total of 41 sales since 1995.
WD23 3NE has seen 7 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2024£525,000 | 3 Bed House128, Melbourne Road, Bushey, WD23 3NE128, Melbourne Road, Bushey, WD23 3NE
- Sold Mar 2024£550,000 | 3 Bed House132, Melbourne Road, Bushey, WD23 3NE132, Melbourne Road, Bushey, WD23 3NE
- Sold Feb 2024£700,000 | 4 Bed House122, Melbourne Road, Bushey, WD23 3NE122, Melbourne Road, Bushey, WD23 3NE
- Sold Oct 2023£562,000 | 3 Bed House142, Melbourne Road, Bushey, WD23 3NE142, Melbourne Road, Bushey, WD23 3NE
- Sold Jul 2023£560,000 | 3 Bed House140, Melbourne Road, Bushey, WD23 3NE140, Melbourne Road, Bushey, WD23 3NE
Nearby Postcodes
WD23 3NE is the 561st largest and the 325th most expensive postcode out of the 696 postcodes in the WD23 area.
- WD23 3ND, Melbourne Road, Bushey, WD23WD23 3ND25 Addresses|30 m away
- WD23 3NB, Palmer Avenue, Bushey, WD23WD23 3NB16 Addresses|102 m away
- WD23 3JU, Bournehall Lane, Bushey, WD23WD23 3JU8 Addresses|109 m away
- WD23 3NG, The Close, Bushey, WD23WD23 3NG14 Addresses|110 m away
- WD23 3NF, Clapgate Road, Bushey, WD23WD23 3NF46 Addresses|122 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 16 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- mid-century house (1)
- house (2)
- early-century house (16)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (2)
- G (0)
- D (11)
- No EPC (11)
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 School300 m away
- Ashfield Junior School900 m away
- The Grange Academy700 m away
- Bushey Meads School700 m away
- Queens' School1.4 km away
More reading links
Public Transport Nearby
The closest station to WD23 3NE is Bushey station, which is 1.8 kilometres away.
- Bushey|1.8 km away
- Watford High Street|2.3 km away
- Carpenders Park|2.7 km away
