Melrose Drive - MK42 9FH
Key Street Insights
Melrose Drive is a residential street with 44 addresses.
It ranks as the 530th largest and 671st most expensive of the 705 streets in the MK42 area. The most common property type is a modern house built after 1980.
The street contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £424,456
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £1,647pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Street Insights
Melrose Drive is a residential street with 44 addresses.
It ranks as the 530th largest and 671st most expensive of the 705 streets in the MK42 area. The most common property type is a modern house built after 1980.
The street contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £424,456
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £1,647pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertieson Melrose Drive, Elstow, Bedford, MK42
- 1 Melrose Drive
House
- 2 Melrose Drive
House
- 3 Melrose Drive
House
- 4 Melrose Drive
5 Bed Modern House
- 5 Melrose Drive
5 Bed Modern House
Sales Market Trends
The last sale on Melrose Drive sold for £300,000 on 16th February 2024. Since then prices are up an average of 1.6%.
The current average value in the street is £424,456.
The Melrose Drive Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £424,456 |
| June 2025 | 2.1% | £429,108 |
| June 2024 | 0.2% | £420,221 |
| June 2023 | 0% | £419,251 |
| June 2022 | 11.6% | £419,076 |
| June 2021 | 4.3% | £375,488 |
| June 2020 | 1.7% | £360,121 |
| June 2019 | -2.1% | £354,195 |
| June 2018 | 3.5% | £361,708 |
| June 2017 | 9.2% | £349,523 |
| June 2016 | 13.3% | £320,090 |
| June 2015 | 9.8% | £282,513 |
| June 2014 | 7.4% | £257,353 |
| June 2013 | 2.9% | £239,569 |
| June 2012 | 0.1% | £232,836 |
| June 2011 | -1.4% | £232,674 |
| June 2010 | 11% | £235,881 |
| June 2009 | -10.6% | £212,436 |
| June 2008 | -2.6% | £237,691 |
| June 2007 | 0% | £244,157 |
Rental Market Trends
The current average rental value in the street is £1,647.
The Melrose Drive Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,647pcm |
| June 2025 | 4% | £1,604pcm |
| June 2024 | 7.6% | £1,543pcm |
| June 2023 | 9.4% | £1,434pcm |
| June 2022 | 8.9% | £1,311pcm |
| June 2021 | 7.6% | £1,204pcm |
| June 2020 | 0.2% | £1,119pcm |
| June 2019 | 1.9% | £1,117pcm |
| June 2018 | -1.1% | £1,096pcm |
| June 2017 | 3% | £1,108pcm |
| June 2016 | 9.9% | £1,076pcm |
| June 2015 | 5.6% | £980pcm |
| June 2014 | 5.2% | £927pcm |
| June 2013 | 3.1% | £882pcm |
| June 2012 | 0.8% | £856pcm |
| June 2011 | 2.4% | £849pcm |
| June 2010 | 6.4% | £828pcm |
| June 2009 | -5.3% | £778pcm |
| June 2008 | 1.3% | £822pcm |
| June 2007 | 0% | £811pcm |
Sales History
The last sale was on 16th February 2024 for £300,000 and since then the market in the area has increased by 1.6%. The street has had a total of 113 sales since 1995.
Melrose Drive, Elstow, Bedford, MK42 has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2024£300,000 | 3 Bed House19, Melrose Drive, Bedford, MK42 9FH19, Melrose Drive, Bedford, MK42 9FH
- Sold Oct 2023£278,000 | 3 Bed House31, Melrose Drive, Bedford, MK42 9FH31, Melrose Drive, Bedford, MK42 9FH
- Sold Jun 2023£301,350 | 3 Bed House31, Melrose Drive, Bedford, MK42 9FH31, Melrose Drive, Bedford, MK42 9FH
- Sold Apr 2023£307,000 | 3 Bed House46, Melrose Drive, Bedford, MK42 9FH46, Melrose Drive, Bedford, MK42 9FH
- Sold Aug 2021£271,000 | 3 Bed House25, Melrose Drive, Bedford, MK42 9FH25, Melrose Drive, Bedford, MK42 9FH
Top 3 Most Expensive Sales
- Sold May 2021£475,000 | 5 Bed House11, Melrose Drive, Bedford, MK42 9FH11, Melrose Drive, Bedford, MK42 9FH
- Sold Feb 2017£470,000 | 4 Bed House7, Melrose Drive, Bedford, MK42 9FH7, Melrose Drive, Bedford, MK42 9FH
- Sold Feb 2021£460,000 | 5 Bed House4, Melrose Drive, Bedford, MK42 9FH4, Melrose Drive, Bedford, MK42 9FH
Nearby Streets
Melrose Drive, Elstow, Bedford, MK42 is the 530th largest and the 671st most expensive street in the MK42 area.
- Kirkstall Close, Elstow, Bedford, MK4225 Addresses|83 m away
- Waltham Drive, Elstow, Bedford, MK4242 Addresses|88 m away
- Lilleshall Drive, Elstow, Bedford, MK4221 Addresses|137 m away
- Dorchester Way, Elstow, Bedford, MK4216 Addresses|147 m away
- Croxden Way, Elstow, Bedford, MK4226 Addresses|147 m away
- Bayham Close, Elstow, Bedford, MK4231 Addresses|194 m away
Property Types
- 24 modern houses built after 1980
- 1 house of an unknown age
- 19 other addresses of unknown type
- modern house (24)
- house (1)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (13)
- G (0)
- D (11)
- No EPC (20)
Schools Nearby
- Elstow School200 m away
- King's Oak Primary School1.3 km away
- Shackleton Primary School1.3 km away
- Bedford Academy900 m away
- Daubeney Academy1.7 km away
- Bedford Free School2.3 km away
More reading links
Public Transport Nearby
The closest station to Melrose Drive, Elstow, Bedford, MK42 - MK42 9FH is Bedford St Johns station, which is 2.0 kilometres away.
- Bedford St Johns|2.0 km away
- Bedford|2.9 km away
- Kempston Hardwick|3.7 km away
