Flat 14 16 Melbourne Road

    FLAT 14 16, MELBOURNE ROAD, BUSHEY, WD23 3LN

    This flat/maisonette leasehold property on Melbourne Road last sold in March 2024 for £450,000. Based on price growth in the WD23 district since then, its estimated current value is £387,106 — placing it in the 65th percentile nationally and the 25th percentile within WD23. The property covers 39 m² (420 sq ft), giving an estimated value of £9,926 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £450,000

    Mar 2024

    Estimated Valuation

    £387,106

    Est. £/sq ft

    £922/sq ft

    £9,926/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateNov 2019
    WallsAverage thermal transmittance 0.30 W/m
    HeatingBoiler

    Transaction History

    28 Mar 2024

    New build

    £450,000

    Key Metrics

    Estimated valuation£387,106
    Value per sq ft / m²£922/sq ft (£9,926/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WD23 district percentile25th percentile
    National percentile65th 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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