Melrose Avenue - BA5 2HT
Key Street Insights
Melrose Avenue is a residential street with 15 addresses.
It ranks as the 581st largest and 59th most expensive of the 946 streets in the BA5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £213,573
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £971pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Street Insights
Melrose Avenue is a residential street with 15 addresses.
It ranks as the 581st largest and 59th most expensive of the 946 streets in the BA5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £213,573
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £971pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertieson Melrose Avenue, Wells, BA5
- 1 Melrose Avenue
3 Bed Mid-century House
- 3 Melrose Avenue
3 Bed Mid-century House
- 5 Melrose Avenue
Unknown
- 7 Melrose Avenue
3 Bed Mid-century House
- 9 Melrose Avenue
Unknown
Sales Market Trends
The last sale on Melrose Avenue sold for £230,000 on 29th January 2020. Since then prices are up an average of 20.4%.
The current average value in the street is £213,573.
The Melrose Avenue Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £213,573 |
| June 2025 | 1.8% | £214,660 |
| June 2024 | -3.3% | £210,889 |
| June 2023 | 3.5% | £218,032 |
| June 2022 | 14.2% | £210,575 |
| June 2021 | 2.8% | £184,424 |
| June 2020 | 3.6% | £179,444 |
| June 2019 | -1.1% | £173,263 |
| June 2018 | 2.5% | £175,167 |
| June 2017 | 3.4% | £170,914 |
| June 2016 | 7.4% | £165,313 |
| June 2015 | 4% | £153,946 |
| June 2014 | 7% | £147,992 |
| June 2013 | 3% | £138,337 |
| June 2012 | -1.8% | £134,299 |
| June 2011 | -2.3% | £136,799 |
| June 2010 | -1.4% | £140,018 |
| June 2009 | -7.6% | £141,988 |
| June 2008 | 0.6% | £153,642 |
| June 2007 | 0% | £152,722 |
Rental Market Trends
The current average rental value in the street is £971.
The Melrose Avenue Rental Market has increased by 56.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £971pcm |
| June 2025 | 5.4% | £933pcm |
| June 2024 | 5.5% | £885pcm |
| June 2023 | 5.3% | £839pcm |
| June 2022 | 9.8% | £797pcm |
| June 2021 | 8.9% | £726pcm |
| June 2020 | 1.2% | £666pcm |
| June 2019 | 0.9% | £659pcm |
| June 2018 | 1.7% | £653pcm |
| June 2017 | 3.6% | £642pcm |
| June 2016 | 3.8% | £619pcm |
| June 2015 | 2% | £596pcm |
| June 2014 | 2.5% | £585pcm |
| June 2013 | -0.3% | £570pcm |
| June 2012 | 0.2% | £572pcm |
| June 2011 | 0.7% | £571pcm |
| June 2010 | 1.9% | £567pcm |
| June 2009 | -7.3% | £557pcm |
| June 2008 | 3.1% | £601pcm |
| June 2007 | 0% | £582pcm |
Sales History
The last sale was on 29th January 2020 for £230,000 and since then the market in the area has increased by 20.4%. The street has had a total of 12 sales since 1995.
Melrose Avenue, Wells, BA5 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2020£230,000 | 3 Bed House3, Melrose Avenue, Wells, BA5 2HT3, Melrose Avenue, Wells, BA5 2HT
- Sold Jun 2019£140,000 | 2 Bed Flat25, Melrose Avenue, Wells, BA5 2HT25, Melrose Avenue, Wells, BA5 2HT
- Sold May 2005£171,000 | 3 Bed House3, Melrose Avenue, Wells, BA5 2HT3, Melrose Avenue, Wells, BA5 2HT
- Sold Sep 2004£122,000 | 2 Bed Flat29, Melrose Avenue, Wells, BA5 2HT29, Melrose Avenue, Wells, BA5 2HT
- Sold Jul 2004£145,000 | 3 Bed House3, Melrose Avenue, Wells, BA5 2HT3, Melrose Avenue, Wells, BA5 2HT
Top 3 Most Expensive Sales
- Sold Jan 2020£230,000 | 3 Bed House3, Melrose Avenue, Wells, BA5 2HT3, Melrose Avenue, Wells, BA5 2HT
- Sold May 2005£171,000 | 3 Bed House3, Melrose Avenue, Wells, BA5 2HT3, Melrose Avenue, Wells, BA5 2HT
- Sold Jul 2004£145,000 | 3 Bed House3, Melrose Avenue, Wells, BA5 2HT3, Melrose Avenue, Wells, BA5 2HT
Nearby Streets
Melrose Avenue, Wells, BA5 is the 581st largest and the 59th most expensive street in the BA5 area.
- Melrose Court, Wells, BA56 Addresses|56 m away
- Valley Close, Wells, BA515 Addresses|66 m away
- Westfield Road, Wells, BA517 Addresses|73 m away
- Tucker Street, Wells, BA514 Addresses|103 m away
- Davis Terrace, Wells, BA510 Addresses|139 m away
- Brownes Place, Wells, BA58 Addresses|142 m away
Property Types
- 2 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- modern flat (2)
- mid-century house (3)
- mid-century flat (8)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (10)
- G (0)
- D (2)
- No EPC (2)
Schools Nearby
- St Joseph and St Teresa Catholic Primary School400 m away
- St Cuthbert's Church of England Junior School600 m away
- St Cuthbert's Church of England Academy Infants and Pre-School600 m away
- The Blue School400 m away
- St Dunstan's School7.6 km away
- Whitstone8.1 km away
More reading links
Public Transport Nearby
The closest station to Melrose Avenue, Wells, BA5 - BA5 2HT is Castle Cary station, which is 15.2 kilometres away.
- Castle Cary|15.2 km away
- Bruton|18.0 km away
- Highbridge & Burnham|22.2 km away