House prices in Melbourne

Median value — November 2026

£351,000

Modelled from 1,575 properties Stede tracks in Melbourne

Market snapshot

£351,000

Median value

£399,290

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£92,790
2001£108,339
2002£141,085
2003£170,214
2004£201,434
2005£214,373
2006£223,510
2007£227,528
2008£196,452
2009£206,841
2010£203,885
2011£201,663
2012£198,381
2013£212,604
2014£228,458
2015£241,072
2016£247,176
2017£261,859
2018£271,944
2019£268,344
2020£282,909
2021£304,030
2022£337,335
2023£334,428
2024£342,454
2025£340,144
2026£351,000

Property types

  • Detached house38%£484,000
  • Mid-terrace house29%£256,000
  • Semi-detached house27%£318,000
  • Property4%£438,000
  • Flat / Maisonette2%£176,000

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 November 2026, Melbourne has a median estimated value of £351,000 and an average of £399,290.

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 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 November 2026, the average estimated value is £399,290 and the median is £351,000 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 +2% over the past year and +16% 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 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 →