House prices in Melbourne

Median value — July 2026

£351,229

Modelled from 1,571 properties Stede tracks in Melbourne

Market snapshot

£351,229

Median value

£405,431

Average value

62

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£92,138
2001£107,577
2002£140,093
2003£169,018
2004£200,019
2005£212,866
2006£221,939
2007£225,929
2008£195,071
2009£205,388
2010£202,452
2011£200,246
2012£196,986
2013£211,110
2014£226,853
2015£239,378
2016£245,438
2017£260,018
2018£270,032
2019£266,458
2020£280,921
2021£301,893
2022£334,965
2023£332,077
2024£340,047
2025£340,481
2026£351,229

Property types

  • Detached house38%£503,940
  • Mid-terrace house29%£260,749
  • Semi-detached house27%£316,856
  • Property4%£373,008
  • Flat / Maisonette2%£176,179

Recent sales

Addresses in Melbourne

About this area

Melbourne, in Derby, is a village. Stede can model 1,571 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 £351,229 and an average of £405,431.

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.

62 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 £405,431 and the median is £351,229 across 1,571 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 1,571 properties in Melbourne, with 62 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 →