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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Melbourne Road, Bushey is £507,584 and the estimated rental value is £2,311 per month.
Melbourne Road, Bushey, WD23 is located in the borough of Hertsmere within the WD23 postal district.
47, Melbourne Road, Bushey has a single entry in the Land Registry from October 2013 and a single entry in the EPC database dated August 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 47, Melbourne Road, Bushey is in very good condition we estimate a sale value of £532,963 and a rental value of £2,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,053 and a rental value of £2,150 per month.
Over the last 12 months the sale value of 47 Melbourne Road Bushey has decreased by an estimated £1,690 (0.3%) and its rental value has increased by an estimated £58 per month (2.5%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 47, Melbourne Road, Bushey sits on a plot of 236m2.
We have plot size data on 11 out of 11 other houses in the postcode and 47, Melbourne Road, Bushey sits on the 2nd largest plot.
47, Melbourne Road, Bushey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 47, Melbourne Road, Bushey was last sold on 25th October 2013 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2013, the market for similar properties has risen 70.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Melbourne Road, Bushey within a radius of 530 metres over the last 2 years.
The most recent example is 5A, Mortimer Close, Bushey, WD23 4UH, a freehold house which sold for £470,000 on the 2nd February 2024.
Read more about house prices in WD23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Bushey, WD23 has a total of 171 addresses. According to our analysis of all the public data, 47, Melbourne Road, Bushey is the 84th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in WD23.
The nearest school is Little Reddings Primary School which is 295 metres away. The nearest train station is Bushey which is 1.9 kilometres away.
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