House prices in Melbourne

Median value — June 2026

£768,324

Modelled from 3 properties Stede tracks in Melbourne

Market snapshot

£768,324

Median value

£669,912

Average value

0

Sales in the last 12 months

+6%

Change over the past year

Value over time

  • Modelled value
£0£200k£400k£600k£800k20002002200420062008201020122014201620182020202220242026

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£205,382
2001£241,011
2002£309,984
2003£383,265
2004£428,745
2005£450,308
2006£461,319
2007£480,539
2008£436,139
2009£431,201
2010£439,958
2011£429,654
2012£429,221
2013£453,175
2014£484,529
2015£507,361
2016£533,209
2017£565,690
2018£592,643
2019£609,355
2020£636,406
2021£668,403
2022£735,804
2023£730,005
2024£748,810
2025£775,644
2026£768,324

Property types

  • Detached house100%£768,324

Recent sales

Addresses in Melbourne

About this area

Melbourne, in Derby, is a village. Stede can model 3 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of June 2026, Melbourne has a median estimated value of £768,324 and an average of £669,912.

Modelled values in Melbourne are +6% over the past year and +15% over five years.

The market here is mostly detached houses, which make up 100% of the properties Stede tracks in Melbourne.

Common questions

What is the average house price in Melbourne?

As of June 2026, the average estimated value is £669,912 and the median is £768,324 across 3 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 +6% over the past year and +15% over five years, based on the UK House Price Index.

What types of property are in Melbourne?

100% of the properties Stede tracks in Melbourne are detached houses.

How many properties are in Melbourne?

Stede can model 3 properties in Melbourne, with 0 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 →