House prices in Melbourne

Median value — November 2026

£348,000

Modelled from 1,527 properties Stede tracks in Melbourne

Market snapshot

£348,000

Median value

£395,284

Average value

64

Sales in the last 12 months

+2%

Change over the past year

Value over time

  • Modelled value
  • Projected
£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£91,997
2001£107,413
2002£139,879
2003£168,759
2004£199,713
2005£212,541
2006£221,599
2007£225,583
2008£194,773
2009£205,074
2010£202,142
2011£199,939
2012£196,685
2013£210,787
2014£226,506
2015£239,012
2016£245,063
2017£259,621
2018£269,619
2019£266,050
2020£280,491
2021£301,431
2022£334,452
2023£331,569
2024£339,527
2025£337,237
2026£348,000

Property types

  • Detached house39%£484,000
  • Mid-terrace house30%£256,000
  • Semi-detached house28%£318,000
  • Flat / Maisonette2%£176,000
  • Property1%£444,000

Recent sales

Addresses in Melbourne

About this area

Melbourne, in Derby, is a village. Stede can model 1,527 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, Melbourne has a median estimated value of £348,000 and an average of £395,284.

Modelled values in Melbourne are +2% over the past year and +16% over five years.

The market here is mostly detached houses, which make up 39% of the properties Stede tracks in Melbourne.

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

Common questions

What is the average house price in Melbourne?

As of November 2026, the average estimated value is £395,284 and the median is £348,000 across 1,527 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 +2% over the past year and +16% over five years, based on the UK House Price Index.

What types of property are in Melbourne?

39% of the properties Stede tracks in Melbourne are detached houses. mid-terrace houses are next most common, at 30%.

How many properties are in Melbourne?

Stede can model 1,527 properties in Melbourne, with 64 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 →