Melrose Way - NE65 9DY
Key Street Insights
Melrose Way is a residential street with 7 addresses.
It ranks as the 195th largest and 420th most expensive of the 578 streets in the NE65 area. The most common property type is a modern house built after 1980.
The street contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £422,432
- 10 Year change
- up 48.9%
- Ave. Rental Price
- £1,487pcm
- 10 Year change
- up 37.4%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Street Insights
Melrose Way is a residential street with 7 addresses.
It ranks as the 195th largest and 420th most expensive of the 578 streets in the NE65 area. The most common property type is a modern house built after 1980.
The street contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £422,432
- 10 Year change
- up 48.9%
- Ave. Rental Price
- £1,487pcm
- 10 Year change
- up 37.4%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertieson Melrose Way, Felton, Morpeth, NE65
- 1 Melrose Way
3 Bed Modern House
- 2 Melrose Way
4 Bed Modern House
- 3 Melrose Way
4 Bed Modern House
- 4 Melrose Way
4 Bed Modern House
- 5 Melrose Way
4 Bed Modern House
Sales Market Trends
The last sale on Melrose Way sold for £390,000 on 15th August 2023. Since then prices are up an average of 5.5%.
The current average value in the street is £422,432.
The Melrose Way Sales Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £422,432 |
| June 2025 | 1.5% | £415,637 |
| June 2024 | 3.5% | £409,462 |
| June 2023 | 4.6% | £395,614 |
| June 2022 | 12.6% | £378,158 |
| June 2021 | 9.4% | £335,879 |
| June 2020 | 0.2% | £307,042 |
| June 2019 | 2.3% | £306,416 |
| June 2018 | -0.3% | £299,644 |
| June 2017 | 5.9% | £300,485 |
| June 2016 | 1.3% | £283,721 |
| June 2015 | 4.4% | £280,064 |
| June 2014 | -0.2% | £268,177 |
| June 2013 | 1.1% | £268,685 |
| June 2012 | 1.5% | £265,869 |
| June 2011 | -2.1% | £262,047 |
| June 2010 | 4.2% | £267,574 |
| June 2009 | -4.1% | £256,905 |
| June 2008 | 1.4% | £267,974 |
| June 2007 | 0% | £264,147 |
Rental Market Trends
The current average rental value in the street is £1,487.
The Melrose Way Rental Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,487pcm |
| June 2025 | 5.2% | £1,449pcm |
| June 2024 | 7.9% | £1,377pcm |
| June 2023 | 5.9% | £1,276pcm |
| June 2022 | 6.5% | £1,205pcm |
| June 2021 | 1.9% | £1,131pcm |
| June 2020 | 1.2% | £1,109pcm |
| June 2019 | 0.4% | £1,096pcm |
| June 2018 | 2.1% | £1,092pcm |
| June 2017 | -1.2% | £1,070pcm |
| June 2016 | 1.1% | £1,082pcm |
| June 2015 | 2.5% | £1,071pcm |
| June 2014 | 0% | £1,045pcm |
| June 2013 | 1.1% | £1,045pcm |
| June 2012 | -0.1% | £1,033pcm |
| June 2011 | 1.3% | £1,035pcm |
| June 2010 | 1.5% | £1,022pcm |
| June 2009 | -3.5% | £1,006pcm |
| June 2008 | 3.8% | £1,042pcm |
| June 2007 | 0% | £1,005pcm |
Sales History
The last sale was on 15th August 2023 for £390,000 and since then the market in the area has increased by 5.5%. The street has had a total of 8 sales since 1995.
Melrose Way, Felton, Morpeth, NE65 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£390,000 | 4 Bed House5, Melrose Way, Morpeth, NE65 9DY5, Melrose Way, Morpeth, NE65 9DY
- Sold Jul 2019£299,995 | 4 Bed House4, Melrose Way, Morpeth, NE65 9DY4, Melrose Way, Morpeth, NE65 9DY
- Sold Jul 2019£289,995 | 4 Bed House5, Melrose Way, Morpeth, NE65 9DY5, Melrose Way, Morpeth, NE65 9DY
- Sold Jun 2019£399,995 | 4 Bed House6, Melrose Way, Morpeth, NE65 9DY6, Melrose Way, Morpeth, NE65 9DY
- Sold Jun 2019£399,995 | 4 Bed House8, Melrose Way, Morpeth, NE65 9DY8, Melrose Way, Morpeth, NE65 9DY
Top 3 Most Expensive Sales
- Sold Jun 2019£399,995 | 4 Bed House8, Melrose Way, Morpeth, NE65 9DY8, Melrose Way, Morpeth, NE65 9DY
- Sold Jun 2019£399,995 | 4 Bed House6, Melrose Way, Morpeth, NE65 9DY6, Melrose Way, Morpeth, NE65 9DY
- Sold Aug 2023£390,000 | 4 Bed House5, Melrose Way, Morpeth, NE65 9DY5, Melrose Way, Morpeth, NE65 9DY
Nearby Streets
Melrose Way, Felton, Morpeth, NE65 is the 195th largest and the 420th most expensive street in the NE65 area.
- Wardle Close, Felton, Morpeth, NE6513 Addresses|55 m away
- Acton Crescent, Felton, Morpeth, NE6517 Addresses|97 m away
- Rochester Drive, Felton, Morpeth, NE6539 Addresses|102 m away
- Benlaw Grove, Felton, Morpeth, NE6535 Addresses|152 m away
- Bertram Court, Felton, Morpeth, NE6514 Addresses|155 m away
- The Oval, Felton, Morpeth, NE6514 Addresses|173 m away
Property Types
- 7 modern houses built after 1980
- modern house (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (7)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Felton Church of England Primary School400 m away
- Swarland Primary School3.6 km away
- Broomhill Primary School5.9 km away
- James Calvert Spence College7.7 km away
- The Duchess's Community High School10.5 km away
- The King Edward VI School14.4 km away
More reading links
Public Transport Nearby
The closest station to Melrose Way, Felton, Morpeth, NE65 - NE65 9DY is Acklington station, which is 3.6 kilometres away.
- Acklington|3.6 km away
- Widdrington|9.1 km away
- Alnmouth|10.8 km away
