48 Melbourne Road

    48, MELBOURNE ROAD, BUSHEY, WD23 3LN

    This terraced freehold property on Melbourne Road last sold in October 2022 for £625,000. Based on price growth in the WD23 district since then, its estimated current value is £604,626 — placing it in the 86th percentile nationally and the 58th percentile within WD23. The property covers 97 m² (1,044 sq ft), giving an estimated value of £6,233 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £625,000

    Oct 2022

    Estimated Valuation

    £604,626

    Est. £/sq ft

    £579/sq ft

    £6,233/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,044 sq ft (97 m²)
    EPC dateMay 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2022

    £625,000

    31 Oct 1995

    £86,000

    Key Metrics

    Estimated valuation£604,626
    Value per sq ft / m²£579/sq ft (£6,233/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WD23 district percentile58th percentile
    National percentile86th percentile

    District Context — WD23

    WD23 covers Watford and surrounding areas in Hertfordshire, located northwest of London. It is a prosperous residential district with strong professional employment and above-average household incomes.

    Average Property Price - WD23

    £610,118

    90

    National percentile

    Average Net Household Income - WD23

    £47,987

    84

    National percentile

    10-Year Annualised Price Growth - WD23

    2.1%

    11

    National percentile

    10-Year Annualised Rent Growth - WD

    3.6%

    39

    National percentile

    View full analysis for WD23

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