According to the public record, 115, Melbourne Road, Bushey is a early-century freehold house and with 833 ft2 of internal area and sits on a 269 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melbourne Road, Bushey, WD23 is located in the borough of Hertsmere within the WD23 postal district.
115, Melbourne Road, Bushey has 31 entries in the Land Registry database, most recently in August 2011 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 115 Melbourne Road Bushey as £513,672 and the rental value as £2,385 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 115 Melbourne Road Bushey has increased by £2,173 (0.4%) and its rental value has increased by £137 per month (5.7%).
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 115, Melbourne Road, Bushey is in very good condition we estimate a sale value of £539,356 and rental value of £2,504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,715 and a rental value of £2,218 per month.
If you were able to purchase this property for the estimated value of £513,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,525 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 115, Melbourne Road, Bushey sits on a plot of 269m2.
We have plot size data on 8 out of 17 other houses in the postcode and 115, Melbourne Road, Bushey sits on the 6th largest plot.
According to HM Land Registry, 115, Melbourne Road, Bushey was last sold on 18 Aug 2011 for £315,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2011, 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 115, Melbourne Road, Bushey within a radius of 133m over the last 2 years.
The most recent example is 114, Melbourne Road, Bushey, WD23 3NE, a Freehold house which sold for £440,000 in May 2023.
Read more about house prices in WD23.
Our network of Estate Agents report 2 lets of properties similar to 115, Melbourne Road, Bushey within a radius of 457m over the last 2 years.
Most recently 11, Melbourne Road, Bushey, WD23 3LL, a Freehold house let by Imagine for an undisclosed amount in Oct 2019.
Melbourne Road, Bushey, WD23 has a total of 171 addresses. According to our analysis of all the public data, 115, Melbourne Road, Bushey is the 96th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in WD23.
115, Melbourne Road, Bushey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Nov 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 115, Melbourne Road, Bushey is Bushey station which is 1.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 115, Melbourne Road, Bushey, 52.3% of property is privately owned with a mortgage and 37.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 115, Melbourne Road, Bushey, 23.7% of residents are recorded as possessing school level qualifications and 46.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 115, Melbourne Road, Bushey, the average age was 41 and the most common age was 42.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 115, Melbourne Road, Bushey, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 115, Melbourne Road, Bushey, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.