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Melbury Way is a residential street with 38 addresses.
It ranks as the 304th largest and 105th most expensive of the 517 streets in the B98 area. The dominant property type is a modern house built after 1980.
The street contains a total of 38 properties: 37 houses and 1 flat.
Melbury Way is a residential street with 38 addresses.
It ranks as the 304th largest and 105th most expensive of the 517 streets in the B98 area. The dominant property type is a modern house built after 1980.
The street contains a total of 38 properties: 37 houses and 1 flat.
Sale prices range from £130,975 for 2 bedroom leasehold flats (581 ft2) to £197,677 for 3 bedroom freehold houses with a garden (957 ft2) .
Monthly rental prices range from £718 pcm for 2 bed flats to £953 pcm for 3 bed houses.
The gross rental yield is between 5.8% and 6.6%.
The average value per square foot is £227.
The current average value in the street is £184,207.
The Melbury Way Sales Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £184,207 |
| May 2025 | 2.5% | £180,082 |
| May 2024 | -0.9% | £175,772 |
| May 2023 | 2.8% | £177,357 |
| May 2022 | 8.8% | £172,466 |
| May 2021 | 6.9% | £158,496 |
| May 2020 | 3.7% | £148,301 |
| May 2019 | 1.9% | £142,972 |
| May 2018 | 3.7% | £140,263 |
| May 2017 | 6.5% | £135,266 |
| May 2016 | 4.7% | £127,060 |
| May 2015 | 5.5% | £121,397 |
| May 2014 | 7.3% | £115,029 |
| May 2013 | 3.6% | £107,175 |
| May 2012 | -1.9% | £103,425 |
| May 2011 | -1.2% | £105,376 |
| May 2010 | 5.8% | £106,694 |
| May 2009 | -14.2% | £100,819 |
| May 2008 | -0.2% | £117,516 |
| May 2007 | 0% | £117,726 |
The current average rental value in the street is £900.
The Melbury Way Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £900pcm |
| May 2025 | 8.1% | £867pcm |
| May 2024 | 8.7% | £802pcm |
| May 2023 | 7.5% | £738pcm |
| May 2022 | 7.8% | £687pcm |
| May 2021 | 1.9% | £637pcm |
| May 2020 | 1.9% | £625pcm |
| May 2019 | 0.9% | £613pcm |
| May 2018 | 1.4% | £608pcm |
| May 2017 | 1.5% | £600pcm |
| May 2016 | 3.8% | £591pcm |
| May 2015 | 1.8% | £569pcm |
| May 2014 | 3.7% | £559pcm |
| May 2013 | 2.7% | £539pcm |
| May 2012 | 1.6% | £525pcm |
| May 2011 | 0.6% | £517pcm |
| May 2010 | 2.1% | £514pcm |
| May 2009 | -6.8% | £503pcm |
| May 2008 | 2.5% | £540pcm |
| May 2007 | 0% | £527pcm |
Melbury Way, Redditch, B98 is the 304th largest and the 105th most expensive street in the B98 area.
There is 1 postcode on Melbury Way, Redditch, B98.
The closest station to Melbury Way, Redditch, B98 is Redditch station which is 2.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Melbury Way, Redditch, B98, 80.2% of property is socially rented and 7.6% is privately rented.
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 Melbury Way, Redditch, B98, 26.0% of residents are recorded as possessing school level qualifications and 15.0% 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 Melbury Way, Redditch, B98, the average age was 36.4 and the most common age was 32.
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 Melbury Way, Redditch, B98, 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 Melbury Way, Redditch, B98, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.