House prices in Melbourne

Median value — July 2026

£350,000

Modelled from 1,573 properties Stede tracks in Melbourne

Market snapshot

£350,000

Median value

£405,451

Average value

64

Sales in the last 12 months

+5%

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£91,815
2001£107,201
2002£139,603
2003£168,426
2004£199,319
2005£212,121
2006£221,162
2007£225,138
2008£194,389
2009£204,669
2010£201,744
2011£199,545
2012£196,297
2013£210,371
2014£226,059
2015£238,540
2016£244,580
2017£259,108
2018£269,087
2019£265,525
2020£279,938
2021£300,836
2022£333,792
2023£330,915
2024£338,858
2025£339,290
2026£350,000

Property types

  • Detached house38%£503,000
  • Mid-terrace house29%£259,000
  • Semi-detached house27%£312,000
  • Property4%£381,000
  • Flat / Maisonette2%£179,000

Recent sales

Addresses in Melbourne

About this area

Melbourne, in Derby, is a village. Stede can model 1,573 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of July 2026, Melbourne has a median estimated value of £350,000 and an average of £405,451.

Modelled values in Melbourne are +5% over the past year and +21% over five years.

The market here is mostly detached houses, which make up 38% 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 July 2026, the average estimated value is £405,451 and the median is £350,000 across 1,573 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 +5% over the past year and +21% 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 1,573 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 →