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Melbourne Gardens is a residential street with 6 addresses.
It ranks as the 34th largest and 494th most expensive of the 503 streets in the WS5 area.
The street contains a total of 6 properties: 6 houses.
Melbourne Gardens is a residential street with 6 addresses.
It ranks as the 34th largest and 494th most expensive of the 503 streets in the WS5 area.
The street contains a total of 6 properties: 6 houses.
Sale prices range from £686,991 for 5 bedroom freehold houses with a garden (1,969 ft2) to £781,229 for 5 bedroom freehold houses with a garden (2,369 ft2) .
Monthly rental prices range from £2,890 pcm for 5 bed houses to £3,287 pcm for 5 bed houses.
The gross rental yield is between 5.0% and 5.0%.
The average value per square foot is £339.
The last sale on Melbourne Gardens sold for £485,000 on 12th October 2016. Since then prices are up an average of 45.5%.
The current average value in the street is £732,186.
The Melbourne Gardens Sales Market has increased by 50.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.7% | £732,186 |
| May 2025 | 1.3% | £744,936 |
| May 2024 | 1.8% | £735,734 |
| May 2023 | 2.6% | £722,775 |
| May 2022 | 10.6% | £704,544 |
| May 2021 | 6.9% | £637,080 |
| May 2020 | 5% | £595,926 |
| May 2019 | 3.3% | £567,551 |
| May 2018 | 5.2% | £549,354 |
| May 2017 | 7% | £522,040 |
| May 2016 | 4.6% | £487,885 |
| May 2015 | 3.2% | £466,356 |
| May 2014 | 4.3% | £451,878 |
| May 2013 | 2% | £433,062 |
| May 2012 | 1.6% | £424,710 |
| May 2011 | -4% | £418,119 |
| May 2010 | 7.6% | £435,509 |
| May 2009 | -12.4% | £404,892 |
| May 2008 | -0.6% | £462,031 |
| May 2007 | 0% | £464,850 |
The current average rental value in the street is £3,081.
The Melbourne Gardens Rental Market has increased by 66.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.6% | £3,081pcm |
| May 2025 | 4.3% | £3,063pcm |
| May 2024 | 12.3% | £2,935pcm |
| May 2023 | 9.9% | £2,614pcm |
| May 2022 | 5.5% | £2,379pcm |
| May 2021 | 8.9% | £2,255pcm |
| May 2020 | 2.4% | £2,071pcm |
| May 2019 | 2.3% | £2,023pcm |
| May 2018 | 2% | £1,976pcm |
| May 2017 | 4.6% | £1,937pcm |
| May 2016 | 3.1% | £1,853pcm |
| May 2015 | 2.4% | £1,797pcm |
| May 2014 | 1.6% | £1,754pcm |
| May 2013 | 0.6% | £1,726pcm |
| May 2012 | 1.5% | £1,716pcm |
| May 2011 | 3.1% | £1,690pcm |
| May 2010 | 3.6% | £1,639pcm |
| May 2009 | -2% | £1,582pcm |
| May 2008 | 2.5% | £1,613pcm |
| May 2007 | 0% | £1,574pcm |
The last sale was on 12th October 2016 for £485,000 and since then the market in the area has increased by 45.5%. The street has had a total of 4 sales since 1995.
Melbourne Gardens, Walsall, WS5 has seen no sales in the last three years and no sales in the last twelve months.
Melbourne Gardens, Walsall, WS5 is the 34th largest and the 494th most expensive street in the WS5 area.
There is 1 postcode on Melbourne Gardens, Walsall, WS5.
The closest station to Melbourne Gardens, Walsall, WS5 is Tame Bridge Parkway station which is 2.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Melbourne Gardens, Walsall, WS5, 46.6% of property is privately owned outright and 46.6% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Melbourne Gardens, Walsall, WS5, 23.0% of residents are recorded as possessing school level qualifications and 47.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Melbourne Gardens, Walsall, WS5, the average age was 44.1 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Melbourne Gardens, Walsall, WS5, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Melbourne Gardens, Walsall, WS5, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.