Melbourne Drive - PE25 2HZ
Key Street Insights
Melbourne Drive is a residential street with 12 addresses.
It ranks as the 323rd largest and 130th most expensive of the 731 streets in the PE25 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 7 houses and 5 other properties.
- Ave. Sale Price
- £144,561
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £725pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £271/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Street Insights
Melbourne Drive is a residential street with 12 addresses.
It ranks as the 323rd largest and 130th most expensive of the 731 streets in the PE25 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 7 houses and 5 other properties.
- Ave. Sale Price
- £144,561
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £725pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £271/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties on Melbourne Drive, Skegness, PE25
- 1 Melbourne Drive
2 Bed Mid-century House
- 2 Melbourne Drive
House
- 3 Melbourne Drive
House
- 4 Melbourne Drive
2 Bed Mid-century House
- 5 Melbourne Drive
2 Bed Mid-century House
Sales Market Trends
The last sale on Melbourne Drive sold for £112,000 on 28th November 2024. Since then prices are down an average of 0.1%.
The current average value in the street is £144,561.
The Melbourne Drive Sales Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £144,561 |
| June 2025 | 0.1% | £146,694 |
| June 2024 | -3.2% | £146,589 |
| June 2023 | 3.1% | £151,464 |
| June 2022 | 13.5% | £146,932 |
| June 2021 | 8.6% | £129,428 |
| June 2020 | 1.7% | £119,186 |
| June 2019 | 3.8% | £117,199 |
| June 2018 | 3.5% | £112,884 |
| June 2017 | 5.3% | £109,118 |
| June 2016 | 3% | £103,660 |
| June 2015 | 5.2% | £100,608 |
| June 2014 | 4.7% | £95,592 |
| June 2013 | -2% | £91,271 |
| June 2012 | 0.7% | £93,097 |
| June 2011 | -2.5% | £92,485 |
| June 2010 | 1.5% | £94,812 |
| June 2009 | -9.7% | £93,409 |
| June 2008 | -2.3% | £103,400 |
| June 2007 | 0% | £105,860 |
Rental Market Trends
The current average rental value in the street is £725.
The Melbourne Drive Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £725pcm |
| June 2025 | 5.8% | £691pcm |
| June 2024 | 2.2% | £653pcm |
| June 2023 | 4.8% | £639pcm |
| June 2022 | 8.8% | £610pcm |
| June 2021 | 2.9% | £561pcm |
| June 2020 | 0.7% | £545pcm |
| June 2019 | -0.9% | £541pcm |
| June 2018 | 0.1% | £546pcm |
| June 2017 | 1.1% | £545pcm |
| June 2016 | 2.6% | £539pcm |
| June 2015 | 3.3% | £526pcm |
| June 2014 | 1.2% | £509pcm |
| June 2013 | 1.4% | £503pcm |
| June 2012 | 0.2% | £496pcm |
| June 2011 | 1.9% | £495pcm |
| June 2010 | 9.2% | £485pcm |
| June 2009 | -6.2% | £444pcm |
| June 2008 | 1.1% | £474pcm |
| June 2007 | 0% | £468pcm |
Sales History
The last recorded sale was on 28th November 2024 for £112,000 and since then the market in the area has decreased by 0.1%.
Melbourne Drive, Skegness, PE25 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Nov 2024£112,000 | 2 Bed House16, Melbourne Drive, Skegness, PE25 2HZ16, Melbourne Drive, Skegness, PE25 2HZ
- Sold Sep 2023£200,000 | 3 Bed House14, Melbourne Drive, Skegness, PE25 2HZ14, Melbourne Drive, Skegness, PE25 2HZ
- Sold Mar 2021£112,000 | 1 Bed House5, Melbourne Drive, Skegness, PE25 2HZ5, Melbourne Drive, Skegness, PE25 2HZ
Top 3 Most Expensive Sales
- Sold Sep 2023£200,000 | 3 Bed House14, Melbourne Drive, Skegness, PE25 2HZ14, Melbourne Drive, Skegness, PE25 2HZ
- Sold Aug 2018£172,000 | 3 Bed House12, Melbourne Drive, Skegness, PE25 2HZ12, Melbourne Drive, Skegness, PE25 2HZ
- Sold Apr 2005£148,000 | 2 Bed House2, Melbourne Drive, Skegness, PE25 2HZ2, Melbourne Drive, Skegness, PE25 2HZ
Nearby Streets
Melbourne Drive, Skegness, PE25 is the 323rd largest and the 130th most expensive street in the PE25 area.
- Sydney Drive, Skegness, PE252 Addresses|43 m away
- Revesby Drive, Skegness, PE2536 Addresses|70 m away
- Brisbane Close, Skegness, PE2510 Addresses|75 m away
- Dutton Avenue, Skegness, PE2547 Addresses|82 m away
- Butlin Close, Skegness, PE2534 Addresses|117 m away
- Abbey Close, Skegness, PE2510 Addresses|129 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- mid-century house (7)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (5)
Schools Nearby
- Beacon Primary Academy800 m away
- Skegness Infant Academy1.0 km away
- Skegness Junior Academy1.1 km away
- Skegness Academy700 m away
- Skegness Grammar School900 m away
- John Spendluffe Foundation Technology College15.3 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Drive, Skegness, PE25 - PE25 2HZ is Skegness station, which is 1.1 kilometres away.
- Skegness|1.1 km away
- Havenhouse|5.0 km away
- Wainfleet|7.5 km away
