Melbourne Way - LN5 9XJ
Key Street Insights
Melbourne Way is a residential street with 52 addresses.
It ranks as the 562nd largest and 378th most expensive of the 647 streets in the LN5 area. The most common property type is a modern house built after 1980.
The street contains a total of 52 properties: 52 houses.
- Ave. Sale Price
- £273,899
- 10 Year change
- up 40.2%
- Ave. Rental Price
- £1,109pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Street Insights
Melbourne Way is a residential street with 52 addresses.
It ranks as the 562nd largest and 378th most expensive of the 647 streets in the LN5 area. The most common property type is a modern house built after 1980.
The street contains a total of 52 properties: 52 houses.
- Ave. Sale Price
- £273,899
- 10 Year change
- up 40.2%
- Ave. Rental Price
- £1,109pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertieson Melbourne Way, Waddington, Lincoln, LN5
- 1 Melbourne Way
3 Bed Modern House
- 2 Melbourne Way
3 Bed Modern House
- 3 Melbourne Way
3 Bed Modern House
- 4 Melbourne Way
3 Bed Modern House
- 5 Melbourne Way
3 Bed Modern House
Sales Market Trends
The last sale on Melbourne Way sold for £258,000 on 27th June 2024. Since then prices are up an average of 2.6%.
The current average value in the street is £273,899.
The Melbourne Way Sales Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £273,899 |
| June 2025 | 4.4% | £279,689 |
| June 2024 | -0.3% | £267,989 |
| June 2023 | 0.5% | £268,693 |
| June 2022 | 6.6% | £267,481 |
| June 2021 | 6.6% | £250,835 |
| June 2020 | 4.7% | £235,219 |
| June 2019 | 3.6% | £224,562 |
| June 2018 | 4.4% | £216,764 |
| June 2017 | 6.3% | £207,615 |
| June 2016 | 3.2% | £195,375 |
| June 2015 | 2.7% | £189,382 |
| June 2014 | 6.6% | £184,350 |
| June 2013 | 3% | £172,869 |
| June 2012 | 0.3% | £167,863 |
| June 2011 | -0.7% | £167,327 |
| June 2010 | 4.2% | £168,508 |
| June 2009 | -8% | £161,777 |
| June 2008 | -0.5% | £175,768 |
| June 2007 | 0% | £176,591 |
Rental Market Trends
The current average rental value in the street is £1,109.
The Melbourne Way Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,109pcm |
| June 2025 | -2.8% | £1,073pcm |
| June 2024 | 10.5% | £1,104pcm |
| June 2023 | 8% | £999pcm |
| June 2022 | 8.2% | £925pcm |
| June 2021 | 2.9% | £855pcm |
| June 2020 | 1% | £831pcm |
| June 2019 | 3.5% | £823pcm |
| June 2018 | 2.1% | £795pcm |
| June 2017 | 1.6% | £778pcm |
| June 2016 | 4.1% | £766pcm |
| June 2015 | 2.6% | £736pcm |
| June 2014 | 3.2% | £718pcm |
| June 2013 | 0.5% | £696pcm |
| June 2012 | 3.6% | £692pcm |
| June 2011 | 3% | £668pcm |
| June 2010 | 2.4% | £649pcm |
| June 2009 | -3.5% | £633pcm |
| June 2008 | 3.5% | £656pcm |
| June 2007 | 0% | £634pcm |
Sales History
The last sale was on 27th June 2024 for £258,000 and since then the market in the area has increased by 2.6%. The street has had a total of 109 sales since 1995.
Melbourne Way, Waddington, Lincoln, LN5 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2024£258,000 | 3 Bed House27, Melbourne Way, Lincoln, LN5 9XJ27, Melbourne Way, Lincoln, LN5 9XJ
- Sold Nov 2022£245,000 | 3 Bed House12, Melbourne Way, Lincoln, LN5 9XJ12, Melbourne Way, Lincoln, LN5 9XJ
- Sold Jul 2022£308,000 | 4 Bed House51, Melbourne Way, Lincoln, LN5 9XJ51, Melbourne Way, Lincoln, LN5 9XJ
- Sold Apr 2022£308,000 | 4 Bed House39, Melbourne Way, Lincoln, LN5 9XJ39, Melbourne Way, Lincoln, LN5 9XJ
- Sold Oct 2021£267,000 | 3 Bed House2, Melbourne Way, Lincoln, LN5 9XJ2, Melbourne Way, Lincoln, LN5 9XJ
Top 3 Most Expensive Sales
- Sold Apr 2022£308,000 | 4 Bed House39, Melbourne Way, Lincoln, LN5 9XJ39, Melbourne Way, Lincoln, LN5 9XJ
- Sold Jul 2022£308,000 | 4 Bed House51, Melbourne Way, Lincoln, LN5 9XJ51, Melbourne Way, Lincoln, LN5 9XJ
- Sold Jul 2021£275,000 | 4 Bed House26, Melbourne Way, Lincoln, LN5 9XJ26, Melbourne Way, Lincoln, LN5 9XJ
Nearby Streets
Melbourne Way, Waddington, Lincoln, LN5 is the 562nd largest and the 378th most expensive street in the LN5 area.
- Darwin Close, Waddington, Lincoln, LN521 Addresses|69 m away
- Cairns Way, Waddington, Lincoln, LN519 Addresses|99 m away
- Hobart Close, Waddington, Lincoln, LN530 Addresses|135 m away
- Pine Close, Waddington, Lincoln, LN556 Addresses|145 m away
- Brisbane Close, Waddington, Lincoln, LN511 Addresses|148 m away
- Adelaide Close, Waddington, Lincoln, LN542 Addresses|154 m away
Property Types
- 31 modern houses built after 1980
- 3 houses of an unknown age
- 18 other addresses of unknown type
- modern house (31)
- house (3)
- Unknown (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (2)
- F (0)
- C (8)
- G (0)
- D (20)
- No EPC (21)
Schools Nearby
- Waddington Redwood Primary Academy500 m away
- The Meadows Primary School1.7 km away
- Waddington All Saints Academy1.8 km away
- Sir Robert Pattinson Academy2.5 km away
- North Kesteven Academy2.8 km away
- The Priory Academy LSST3.5 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Way, Waddington, Lincoln, LN5 - LN5 9XJ is Hykeham station, which is 3.4 kilometres away.
- Hykeham|3.4 km away
- Lincoln|5.5 km away
- Swinderby|9.7 km away