Flat 12 16 Melbourne Road

    FLAT 12 16, MELBOURNE ROAD, BUSHEY, WD23 3LN

    This flat/maisonette leasehold property on Melbourne Road last sold in May 2024 for £262,000. Based on price growth in the WD23 district since then, its estimated current value is £225,382 — placing it in the 31st percentile nationally and the 5th percentile within WD23. The property covers 50 m² (538 sq ft), giving an estimated value of £4,508 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £262,000

    May 2024

    Estimated Valuation

    £225,382

    Est. £/sq ft

    £419/sq ft

    £4,508/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2023
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateNov 2023
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    7 May 2024

    New build

    £262,000

    Key Metrics

    Estimated valuation£225,382
    Value per sq ft / m²£419/sq ft (£4,508/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WD23 district percentile5th percentile
    National percentile31st 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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