Melrose Drive - SY2 6QS
Key Street Insights
Melrose Drive is a residential street with 7 addresses.
It ranks as the 43rd largest and 285th most expensive of the 303 streets in the SY2 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 4 houses and 3 other properties.
- Ave. Sale Price
- £484,031
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,691pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Street Insights
Melrose Drive is a residential street with 7 addresses.
It ranks as the 43rd largest and 285th most expensive of the 303 streets in the SY2 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 4 houses and 3 other properties.
- Ave. Sale Price
- £484,031
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,691pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Properties on Melrose Drive, Shrewsbury, SY2
- 1 Melrose Drive
4 Bed Mid-century House
- 2 Melrose Drive
House
- 3 Melrose Drive
House
- 4 Melrose Drive
5 Bed Mid-century House
- 5 Melrose Drive
House
Sales Market Trends
The last sale on Melrose Drive sold for £555,000 on 23rd September 2022. Since then prices are down an average of 1.5%.
The current average value in the street is £484,031.
The Melrose Drive Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £484,031 |
| June 2025 | -0.2% | £503,732 |
| June 2024 | 0.7% | £504,557 |
| June 2023 | 5.7% | £501,282 |
| June 2022 | 8.2% | £474,044 |
| June 2021 | 8.9% | £438,037 |
| June 2020 | 1.1% | £402,161 |
| June 2019 | 4.8% | £397,709 |
| June 2018 | 3.3% | £379,343 |
| June 2017 | -0.4% | £367,381 |
| June 2016 | 3.1% | £368,903 |
| June 2015 | 7.8% | £357,703 |
| June 2014 | 4% | £331,672 |
| June 2013 | 2.4% | £319,007 |
| June 2012 | 0.3% | £311,479 |
| June 2011 | -0.4% | £310,650 |
| June 2010 | 5.3% | £311,802 |
| June 2009 | -7.6% | £296,044 |
| June 2008 | 0% | £320,488 |
| June 2007 | 0% | £320,488 |
Rental Market Trends
The current average rental value in the street is £1,691.
The Melrose Drive Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,691pcm |
| June 2025 | 3% | £1,656pcm |
| June 2024 | 10.3% | £1,608pcm |
| June 2023 | 5.5% | £1,458pcm |
| June 2022 | 9.3% | £1,381pcm |
| June 2021 | 6.4% | £1,264pcm |
| June 2020 | 0.7% | £1,188pcm |
| June 2019 | 1% | £1,179pcm |
| June 2018 | 1.7% | £1,168pcm |
| June 2017 | 0.7% | £1,149pcm |
| June 2016 | 3.8% | £1,141pcm |
| June 2015 | 2.5% | £1,100pcm |
| June 2014 | 3.1% | £1,073pcm |
| June 2013 | 2.5% | £1,040pcm |
| June 2012 | 1.7% | £1,015pcm |
| June 2011 | 1.9% | £998pcm |
| June 2010 | 2.9% | £979pcm |
| June 2009 | -2.7% | £952pcm |
| June 2008 | -4.7% | £979pcm |
| June 2007 | 0% | £1,027pcm |
Sales History
The last recorded sale was on 23rd September 2022 for £555,000 and since then the market in the area has decreased by 1.5%.
Melrose Drive, Shrewsbury, SY2 has had 3 sales since 1995, none of them in the last three years.
- Sold Sep 2022£555,000 | 5 Bed House7, Melrose Drive, Shrewsbury, SY2 6QS7, Melrose Drive, Shrewsbury, SY2 6QS
- Sold Dec 2018£465,000 | 5 Bed House4, Melrose Drive, Shrewsbury, SY2 6QS4, Melrose Drive, Shrewsbury, SY2 6QS
- Sold Dec 2017£375,000 | 4 Bed House1, Melrose Drive, Shrewsbury, SY2 6QS1, Melrose Drive, Shrewsbury, SY2 6QS
Top 3 Most Expensive Sales
- Sold Sep 2022£555,000 | 5 Bed House7, Melrose Drive, Shrewsbury, SY2 6QS7, Melrose Drive, Shrewsbury, SY2 6QS
- Sold Dec 2018£465,000 | 5 Bed House4, Melrose Drive, Shrewsbury, SY2 6QS4, Melrose Drive, Shrewsbury, SY2 6QS
- Sold Dec 2017£375,000 | 4 Bed House1, Melrose Drive, Shrewsbury, SY2 6QS1, Melrose Drive, Shrewsbury, SY2 6QS
Nearby Streets
Melrose Drive, Shrewsbury, SY2 is the 43rd largest and the 285th most expensive street in the SY2 area.
- Higley Drive, Shrewsbury, SY223 Addresses|139 m away
- Stretton Close, Shrewsbury, SY226 Addresses|155 m away
- Hexham Way, Shrewsbury, SY216 Addresses|157 m away
- Dove Close, Shrewsbury, SY251 Addresses|176 m away
- Simpson Way, Shrewsbury, SY227 Addresses|182 m away
- Maxfield Drive, Shrewsbury, SY252 Addresses|216 m away
Property Types
- 1 modern house built after 1980
- 3 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (3)
Schools Nearby
- Mereside Church of England Primary Academy1.0 km away
- Coleham Primary School1.7 km away
- Meole Brace Church of England Primary School and Nursery1.9 km away
- Meole Brace School2.2 km away
- The Priory School2.2 km away
- Belvidere School2.5 km away
More reading links
Public Transport Nearby
The closest station to Melrose Drive, Shrewsbury, SY2 - SY2 6QS is Shrewsbury station, which is 2.6 kilometres away.
- Shrewsbury|2.6 km away
- Yorton|13.3 km away
- Wellington (Shropshire)|14.9 km away