House prices in Melbourne

Median value — July 2026

£350,859

Modelled from 1,575 properties Stede tracks in Melbourne

Market snapshot

£350,859

Median value

£405,449

Average value

65

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£92,041
2001£107,464
2002£139,945
2003£168,840
2004£199,808
2005£212,642
2006£221,705
2007£225,691
2008£194,866
2009£205,171
2010£202,239
2011£200,035
2012£196,779
2013£210,887
2014£226,614
2015£239,126
2016£245,180
2017£259,744
2018£269,748
2019£266,177
2020£280,625
2021£301,575
2022£334,612
2023£331,727
2024£339,689
2025£340,123
2026£350,859

Property types

  • Detached house38%£503,091
  • Mid-terrace house29%£260,036
  • Semi-detached house27%£316,856
  • Property4%£375,445
  • Flat / Maisonette2%£176,179

Recent sales

Addresses in Melbourne

About this area

Melbourne, in Derby, is a village. Stede can model 1,575 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 £350,859 and an average of £405,449.

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.

65 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 £405,449 and the median is £350,859 across 1,575 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 1,575 properties in Melbourne, with 65 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 →