Melrose AvenueHouse Prices / South West, Somerset
Key Street Insights
Melrose Avenue is a residential street with 15 addresses.
It ranks as the 581st largest and 56th most expensive of the 946 streets in the BA5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 15 properties: 5 houses and 10 flats.
- Houses
- Flats
Key Street Insights
Melrose Avenue is a residential street with 15 addresses.
It ranks as the 581st largest and 56th most expensive of the 946 streets in the BA5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 15 properties: 5 houses and 10 flats.
- Houses
- Flats
House Priceson Melrose Avenue
Sale prices range from £164,433 for 2 bedroom leasehold flats (452 ft2) to £291,069 for 3 bedroom freehold houses with a garden (1,044 ft2) .
Monthly rental prices range from £766 pcm for 2 bed flats to £1,320 pcm for 3 bed houses.
The gross rental yield is between 5.2% and 5.8%.
The average value per square foot is £303.
Sales Market Trendson Melrose Avenue
The last sale on Melrose Avenue sold for £230,000 on 29th January 2020. Since then prices are up an average of 19.4%.
The current average value in the street is £212,468.
The Melrose Avenue Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £212,468 |
| May 2025 | 2.5% | £214,842 |
| May 2024 | -3.4% | £209,569 |
| May 2023 | 4.2% | £216,894 |
| May 2022 | 14.1% | £208,091 |
| May 2021 | 2.3% | £182,412 |
| May 2020 | 3.2% | £178,334 |
| May 2019 | -1.3% | £172,786 |
| May 2018 | 3.1% | £175,144 |
| May 2017 | 3% | £169,846 |
| May 2016 | 7.6% | £164,976 |
| May 2015 | 4.3% | £153,382 |
| May 2014 | 6.2% | £147,014 |
| May 2013 | 3.3% | £138,389 |
| May 2012 | -3.3% | £133,904 |
| May 2011 | -1.2% | £138,490 |
| May 2010 | -1.7% | £140,243 |
| May 2009 | -7.8% | £142,619 |
| May 2008 | 1.7% | £154,663 |
| May 2007 | 0% | £152,020 |
Rental Market Trendson Melrose Avenue
The current average rental value in the street is £971.
The Melrose Avenue Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £971pcm |
| May 2025 | 6.1% | £935pcm |
| May 2024 | 5.1% | £881pcm |
| May 2023 | 6.4% | £838pcm |
| May 2022 | 8.6% | £788pcm |
| May 2021 | 8.3% | £725pcm |
| May 2020 | 1.4% | £670pcm |
| May 2019 | 0.7% | £661pcm |
| May 2018 | 1.7% | £656pcm |
| May 2017 | 3.7% | £645pcm |
| May 2016 | 4.2% | £622pcm |
| May 2015 | 1.6% | £597pcm |
| May 2014 | 2.1% | £587pcm |
| May 2013 | 0% | £576pcm |
| May 2012 | 0% | £575pcm |
| May 2011 | 1% | £576pcm |
| May 2010 | 1.5% | £570pcm |
| May 2009 | -7.8% | £561pcm |
| May 2008 | 4.1% | £608pcm |
| May 2007 | 0% | £584pcm |
Explore Propertieson Melrose Avenue, Wells, BA5
- 1, Melrose Avenue, Wells, BA5 2HT3 bed mid-century house
- 3, Melrose Avenue, Wells, BA5 2HT3 bed mid-century house
- 5, Melrose Avenue, Wells, BA5 2HT
- 7, Melrose Avenue, Wells, BA5 2HT3 bed mid-century house
- 9, Melrose Avenue, Wells, BA5 2HT
- 11, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 15, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 17, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 19, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 21, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 23, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 25, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 27, Melrose Avenue, Wells, BA5 2HT2 bed mid-century flat
- 29, Melrose Avenue, Wells, BA5 2HT2 bed modern flat
- 31, Melrose Avenue, Wells, BA5 2HT2 bed modern flat
Sales Historyon Melrose Avenue, Wells, BA5
The last sale was on 29th January 2020 for £230,000 and since then the market in the area has increased by 19.4%. The street has had a total of 12 sales since 1995.
Melrose Avenue, Wells, BA5 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Melrose Avenue, Wells, BA5
Nearby Streetsto Melrose Avenue, Wells, BA5
Melrose Avenue, Wells, BA5 is the 581st largest and the 56th most expensive street in the BA5 area.
- 56 mMelrose Court, Wells, BA56 Addresses
- 66 mValley Close, Wells, BA515 Addresses
- 73 mWestfield Road, Wells, BA517 Addresses
- 103 mTucker Street, Wells, BA514 Addresses
- 139 mDavis Terrace, Wells, BA510 Addresses
- 142 mBrownes Place, Wells, BA58 Addresses
Postcodeson Melrose Avenue, Wells, BA5
There is 1 postcode on Melrose Avenue, Wells, BA5.
- House prices in BA5 2HT15 Addresses
Property Typesin Melrose Avenue
- 2 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- modern flat (2)
- mid-century house (3)
- mid-century flat (8)
- Unknown (2)
Energy Efficiencyof properties on Melrose Avenue
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (10)
- G (0)
- D (2)
- No EPC (2)
Schools Nearby
- 400mSt Joseph and St Teresa Catholic Primary School
- 600mSt Cuthbert's Church of England Junior School
- 600mSt Cuthbert's Church of England Academy Infants and Pre-School
- 400mThe Blue School
- 7.6kmSt Dunstan's School
- 8.1kmWhitstone
More reading links
Public Transport Nearby
The closest station to Melrose Avenue, Wells, BA5 is Castle Cary station, which is 15.2 kilometres away.
- 15.2kmCastle Cary
- 18.0kmBruton
- 22.2kmHighbridge & Burnham
