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Melbourne DriveHouse Prices / East Midlands, East Lindsey
Last updated Jun 2026
Key Street Insights
Melbourne Drive is a residential street with 12 addresses.
It ranks as the 220th largest and 110th most expensive of the 605 streets in the PE25 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 12 houses.
12
Properties
- Houses
Key Street Insights
Melbourne Drive is a residential street with 12 addresses.
It ranks as the 220th largest and 110th most expensive of the 605 streets in the PE25 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 12 properties: 12 houses.
12
Properties
- Houses
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House Priceson Melbourne Drive
Sale prices range from £107,998 for 2 bedroom freehold houses with a garden (387 ft2) to £210,506 for 3 bedroom freehold houses with a garden (839 ft2) .
Monthly rental prices range from £608 pcm for 2 bed houses to £985 pcm for 3 bed houses.
The gross rental yield is between 5.6% and 6.8%.
The average value per square foot is £265.
Average Sale Value
£140,133
Average Rental Value
£746 pcm
Average Rental Yield
6.4% /year
Average Value Per Sqft
£265 /ft2
Sales Market Trendson Melbourne Drive
The last sale on Melbourne Drive sold for £112,000 on 28th November 2024. Since then prices are down an average of 0.8%.
The current average value in the street is £140,133.
The Melbourne Drive Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.4% | £140,133 |
| May 2025 | -2% | £142,059 |
| May 2024 | -3.8% | £144,887 |
| May 2023 | 4.9% | £150,616 |
| May 2022 | 11% | £143,628 |
| May 2021 | 6.3% | £129,447 |
| May 2020 | 1.3% | £121,813 |
| May 2019 | 3% | £120,236 |
| May 2018 | 3.6% | £116,750 |
| May 2017 | 5.6% | £112,736 |
| May 2016 | 3.1% | £106,776 |
| May 2015 | 6.9% | £103,544 |
| May 2014 | 2.5% | £96,874 |
| May 2013 | 1.7% | £94,496 |
| May 2012 | -1.1% | £92,928 |
| May 2011 | -0.5% | £93,915 |
| May 2010 | 1.8% | £94,422 |
| May 2009 | -11.1% | £92,795 |
| May 2008 | -1.3% | £104,356 |
| May 2007 | 0% | £105,720 |
Rental Market Trendson Melbourne Drive
The current average rental value in the street is £746.
The Melbourne Drive Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.9% | £746pcm |
| May 2025 | 4% | £704pcm |
| May 2024 | 6.8% | £677pcm |
| May 2023 | 7.4% | £634pcm |
| May 2022 | 6.5% | £590pcm |
| May 2021 | 6.1% | £554pcm |
| May 2020 | 1.9% | £522pcm |
| May 2019 | -1% | £512pcm |
| May 2018 | 2.4% | £518pcm |
| May 2017 | 2.3% | £506pcm |
| May 2016 | 5.9% | £494pcm |
| May 2015 | 5.3% | £467pcm |
| May 2014 | 2.7% | £443pcm |
| May 2013 | 0.7% | £431pcm |
| May 2012 | 1.9% | £428pcm |
| May 2011 | 3.8% | £420pcm |
| May 2010 | -1.6% | £405pcm |
| May 2009 | -8.5% | £411pcm |
| May 2008 | 3.2% | £450pcm |
| May 2007 | 0% | £436pcm |
Explore Propertieson Melbourne Drive, Skegness, PE25
- 1, Melbourne Drive, Skegness, PE25 2HZ2 bed mid-century house
- 2, Melbourne Drive, Skegness, PE25 2HZ
- 3, Melbourne Drive, Skegness, PE25 2HZ
- 4, Melbourne Drive, Skegness, PE25 2HZ2 bed mid-century house
- 5, Melbourne Drive, Skegness, PE25 2HZ2 bed mid-century house
- 6, Melbourne Drive, Skegness, PE25 2HZ
- 7, Melbourne Drive, Skegness, PE25 2HZ
- 8, Melbourne Drive, Skegness, PE25 2HZ
- 10, Melbourne Drive, Skegness, PE25 2HZ2 bed mid-century house
- 12, Melbourne Drive, Skegness, PE25 2HZ3 bed mid-century house
- 14, Melbourne Drive, Skegness, PE25 2HZ3 bed mid-century house
- 16, Melbourne Drive, Skegness, PE25 2HZ2 bed mid-century house
Sales Historyon Melbourne Drive, Skegness, PE25
The last sale was on 28th November 2024 for £112,000 and since then the market in the area has decreased by 0.8%. The street has had a total of 16 sales since 1995.
Melbourne Drive, Skegness, PE25 has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Nov 2024£112,000 | 2 Bed HouseMelbourne Drive16, Melbourne Drive, Skegness, PE25 2HZ
Sold Sep 2023£200,000 | 3 Bed HouseMelbourne Drive14, Melbourne Drive, Skegness, PE25 2HZ
Sold Mar 2021£112,000 | 2 Bed HouseMelbourne Drive5, Melbourne Drive, Skegness, PE25 2HZ
Sold Apr 2019£120,000 | 2 Bed HouseMelbourne Drive1, Melbourne Drive, Skegness, PE25 2HZ
Sold Aug 2018£172,000 | 3 Bed HouseMelbourne Drive12, Melbourne Drive, Skegness, PE25 2HZ
Sold Jul 2015£140,000 | 2 Bed HouseMelbourne Drive4, Melbourne Drive, Skegness, PE25 2HZ
Sold Jul 2011£104,500 | 2 Bed HouseMelbourne Drive10, Melbourne Drive, Skegness, PE25 2HZ
Sold Apr 2010£85,000 | 2 Bed HouseMelbourne Drive5, Melbourne Drive, Skegness, PE25 2HZ
Sold Sep 2008£106,000 | 2 Bed HouseMelbourne Drive16, Melbourne Drive, Skegness, PE25 2HZ
Sold Apr 2005£148,000 | 2 Bed HouseMelbourne Drive2, Melbourne Drive, Skegness, PE25 2HZ
Sold Jun 2004£119,950 | 2 Bed HouseMelbourne Drive6, Melbourne Drive, Skegness, PE25 2HZ
Sold Sep 2001£58,950 | 2 Bed HouseMelbourne Drive1, Melbourne Drive, Skegness, PE25 2HZ
Sold Sep 2000£42,995 | 2 Bed HouseMelbourne Drive1, Melbourne Drive, Skegness, PE25 2HZ
Sold Jul 2000£69,000 | 2 Bed HouseMelbourne Drive2, Melbourne Drive, Skegness, PE25 2HZ
Sold May 1999£33,500 | 2 Bed HouseMelbourne Drive1, Melbourne Drive, Skegness, PE25 2HZ
Sold Oct 1995£28,500 | 2 Bed HouseMelbourne Drive8, Melbourne Drive, Skegness, PE25 2HZ
Top 3 Most Expensive Saleson Melbourne Drive, Skegness, PE25
Nearby Streetsto Melbourne Drive, Skegness, PE25
Melbourne Drive, Skegness, PE25 is the 220th largest and the 110th most expensive street in the PE25 area.
- 43 mSydney Drive, Skegness, PE252 Addresses
- 70 mRevesby Drive, Skegness, PE2536 Addresses
- 75 mBrisbane Close, Skegness, PE2510 Addresses
- 82 mDutton Avenue, Skegness, PE2547 Addresses
- 117 mButlin Close, Skegness, PE2534 Addresses
- 129 mAbbey Close, Skegness, PE2510 Addresses
Postcodeson Melbourne Drive, Skegness, PE25
There is 1 postcode on Melbourne Drive, Skegness, PE25.
- House prices in PE25 2HZ12 Addresses
Property Typesin Melbourne Drive
- 7 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- mid-century house (7)
- Unknown (5)
Energy Efficiencyof properties on Melbourne Drive
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (5)
Schools Nearbyto Melbourne Drive, Skegness, PE25
The nearest primary school to Melbourne Drive, Skegness, PE25 is Beacon Primary Academy which is 800 metres away.
- 800mBeacon Primary Academy
- 1.0kmSkegness Infant Academy
- 1.1kmSkegness Junior Academy
The nearest secondary school is Skegness Academy which is 700 metres away.
- 700mSkegness Academy
- 900mSkegness Grammar School
- 15.3kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearbyto Melbourne Drive, Skegness, PE25
The closest station to Melbourne Drive, Skegness, PE25 is Skegness station which is 1.1 kilometres away.
- 1.1kmSkegness
- 5.0kmHavenhouse
- 7.5kmWainfleet
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