House prices in Melbourne

Median value — June 2026

£347,258

Modelled from 1,567 properties Stede tracks in Melbourne

Market snapshot

£347,258

Median value

£400,619

Average value

61

Sales in the last 12 months

+6%

Change over the past year

Value over time

  • Modelled value
£0£100k£200k£300k£400k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£92,107
2001£107,542
2002£140,047
2003£168,962
2004£199,953
2005£212,796
2006£221,866
2007£225,854
2008£195,007
2009£205,320
2010£202,385
2011£200,180
2012£196,922
2013£211,040
2014£226,778
2015£239,299
2016£245,358
2017£259,933
2018£269,944
2019£266,370
2020£280,828
2021£301,794
2022£334,854
2023£331,968
2024£339,936
2025£341,645
2026£347,258

Property types

  • Detached house38%£499,402
  • Mid-terrace house29%£256,948
  • Semi-detached house27%£313,697
  • Property4%£368,912
  • Flat / Maisonette2%£174,177

Recent sales

Addresses in Melbourne

About this area

Melbourne, in Derby, is a village. Stede can model 1,567 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of June 2026, Melbourne has a median estimated value of £347,258 and an average of £400,619.

Modelled values in Melbourne are +6% over the past year and +20% over five years.

The market here is mostly detached houses, which make up 38% of the properties Stede tracks in Melbourne.

61 sales were recorded in Melbourne over the past 12 months.

Common questions

What is the average house price in Melbourne?

As of June 2026, the average estimated value is £400,619 and the median is £347,258 across 1,567 properties Stede tracks in Melbourne. This is not a formal market valuation.

Are house prices in Melbourne going up or down?

Modelled values in Melbourne are +6% over the past year and +20% over five years, based on the UK House Price Index.

What types of property are in Melbourne?

38% of the properties Stede tracks in Melbourne are detached houses. mid-terrace houses are next most common, at 29%.

How many properties are in Melbourne?

Stede can model 1,567 properties in Melbourne, with 61 recorded sales in the past 12 months.

How does Stede calculate house prices for Melbourne?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →