1, Melton Drive - B15 2NB
Key Building Insights
1, Melton Drive is a residential building situated on Melton Drive, Birmingham, B15 with 12 addresses.
It ranks as the 222nd largest and 31st most expensive of the 404 buildings in the B15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £115,043
- 10 Year change
- down 3.5%
- Ave. Rental Price
- £658pcm
- 10 Year change
- up 23.5%
- Ave. £ per ft²
- £148/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Building Insights
1, Melton Drive is a residential building situated on Melton Drive, Birmingham, B15 with 12 addresses.
It ranks as the 222nd largest and 31st most expensive of the 404 buildings in the B15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £115,043
- 10 Year change
- down 3.5%
- Ave. Rental Price
- £658pcm
- 10 Year change
- up 23.5%
- Ave. £ per ft²
- £148/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Properties on Melton Drive, Birmingham, B15
- Flat 1, 1 Melton Drive
2 Bed Mid-century Flat
- Flat 2, 1 Melton Drive
2 Bed Mid-century Flat
- Flat 3, 1 Melton Drive
2 Bed Mid-century Flat
- Flat 4, 1 Melton Drive
2 Bed Mid-century Flat
- Flat 5, 1 Melton Drive
2 Bed Mid-century Flat
Sales Market Trends
The last sale in 1, Melton Drive sold for £118,000 on 1st September 2017. Since then prices are down an average of 10.7%.
The current average value in the building is £115,043.
The 1, Melton Drive Sales Market has decreased by 3.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -7.7% | £115,043 |
| June 2025 | -0.9% | £124,680 |
| June 2024 | -4.3% | £125,753 |
| June 2023 | -3% | £131,347 |
| June 2022 | 2.2% | £135,352 |
| June 2021 | 0.5% | £132,470 |
| June 2020 | -0.2% | £131,755 |
| June 2019 | -0.2% | £132,022 |
| June 2018 | 3.5% | £132,257 |
| June 2017 | 7.3% | £127,841 |
| June 2016 | 10.3% | £119,188 |
| June 2015 | 6.7% | £108,094 |
| June 2014 | 1.5% | £101,334 |
| June 2013 | 3.5% | £99,818 |
| June 2012 | -5.5% | £96,483 |
| June 2011 | 1.6% | £102,095 |
| June 2010 | 6.5% | £100,532 |
| June 2009 | -14.8% | £94,375 |
| June 2008 | -7.4% | £110,748 |
| June 2007 | 0% | £119,612 |
Rental Market Trends
The current average rental value in the building is £658.
The 1, Melton Drive Rental Market has increased by 23.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £658pcm |
| June 2025 | 0.3% | £670pcm |
| June 2024 | 6.8% | £668pcm |
| June 2023 | 10.6% | £625pcm |
| June 2022 | 8.7% | £565pcm |
| June 2021 | -0.7% | £520pcm |
| June 2020 | -0.3% | £524pcm |
| June 2019 | 0.3% | £525pcm |
| June 2018 | -0.8% | £523pcm |
| June 2017 | -1% | £527pcm |
| June 2016 | 5.3% | £533pcm |
| June 2015 | 2.9% | £506pcm |
| June 2014 | 1.5% | £492pcm |
| June 2013 | 1.7% | £484pcm |
| June 2012 | -0.1% | £477pcm |
| June 2011 | 2.2% | £477pcm |
| June 2010 | 2.7% | £466pcm |
| June 2009 | -6.9% | £454pcm |
| June 2008 | 0.4% | £488pcm |
| June 2007 | 0% | £486pcm |
Sales History
The last recorded sale was on 1st September 2017 for £118,000 and since then the market in the area has decreased by 10.7%.
1, Melton Drive, Birmingham, B15 2NB has had 3 sales since 1995, none of them in the last three years.
- Sold Sep 2017£118,000 | 2 Bed FlatFlat 11, 1, Melton Drive, Birmingham, B15 2NBFlat 11, 1, Melton Drive, Birmingham, B15 2NB
- Sold Jul 2017£74,000 | 2 Bed FlatFlat 8, 1, Melton Drive, Birmingham, B15 2NBFlat 8, 1, Melton Drive, Birmingham, B15 2NB
- Sold Jul 2016£74,000 | 2 Bed FlatFlat 8, 1, Melton Drive, Birmingham, B15 2NBFlat 8, 1, Melton Drive, Birmingham, B15 2NB
Property Types
- 12 mid-century flats built between 1936 and 1979
- mid-century flat (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (5)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2005£130,000 | 3 Bed House38, Melton Drive, Birmingham, B15 2ND38, Melton Drive, Birmingham, B15 2ND
- Sold Apr 2012£120,000 | 2 Bed FlatFlat 11, 1, Melton Drive, Birmingham, B15 2NBFlat 11, 1, Melton Drive, Birmingham, B15 2NB
- Sold Sep 2017£118,000 | 2 Bed FlatFlat 11, 1, Melton Drive, Birmingham, B15 2NBFlat 11, 1, Melton Drive, Birmingham, B15 2NB
Schools Nearby
- Oasis Academy Woodview600 m away
- St Thomas Church of England Primary School1.0 km away
- St Catherine of Siena Catholic Primary School1.1 km away
- City Academy1.0 km away
- Ark St Alban's Academy1.6 km away
- Harborne Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to 1, Melton Drive, Birmingham, B15 2NB is Five Ways station, which is 700 metres away.
- Five Ways|700 m away
- Birmingham New Street|1.8 km away
- Birmingham Moor Street|2.1 km away
- University (Birmingham)|2.2 km away
