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Melrose Close is a residential street with 10 addresses.
It ranks as the 141st largest and 346th most expensive of the 487 streets in the GU9 area. The dominant property type is a modern house built after 1980.
The street contains a total of 10 properties: 10 houses.
Melrose Close is a residential street with 10 addresses.
It ranks as the 141st largest and 346th most expensive of the 487 streets in the GU9 area. The dominant property type is a modern house built after 1980.
The street contains a total of 10 properties: 10 houses.
Sale prices range from £608,040 for 3 bedroom freehold houses with a garden (1,011 ft2) to £886,934 for 4 bedroom freehold houses with a garden (1,926 ft2) .
Monthly rental prices range from £2,069 pcm for 3 bed houses to £2,588 pcm for 4 bed houses.
The gross rental yield is between 3.5% and 4.1%.
The average value per square foot is £587.
The last sale on Melrose Close sold for £856,060 on 17th November 2022. Since then prices are down an average of 1.8%.
The current average value in the street is £676,071.
The Melrose Close Sales Market has increased by 21.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.1% | £676,071 |
| May 2025 | 1.9% | £697,498 |
| May 2024 | -0.9% | £684,335 |
| May 2023 | 1.6% | £690,395 |
| May 2022 | 8.8% | £679,291 |
| May 2021 | 5.9% | £624,346 |
| May 2020 | 2.3% | £589,378 |
| May 2019 | 0.3% | £576,362 |
| May 2018 | -1% | £574,655 |
| May 2017 | 4.5% | £580,614 |
| May 2016 | 7% | £555,708 |
| May 2015 | 7.9% | £519,201 |
| May 2014 | 9.6% | £481,232 |
| May 2013 | 1.3% | £438,946 |
| May 2012 | 0.1% | £433,473 |
| May 2011 | 4.8% | £432,907 |
| May 2010 | 13.6% | £413,229 |
| May 2009 | -9% | £363,601 |
| May 2008 | 3.1% | £399,390 |
| May 2007 | 0% | £387,344 |
The current average rental value in the street is £2,226.
The Melrose Close Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £2,226pcm |
| May 2025 | 5.3% | £2,156pcm |
| May 2024 | 3.2% | £2,046pcm |
| May 2023 | 10.6% | £1,984pcm |
| May 2022 | 10.6% | £1,793pcm |
| May 2021 | 5.2% | £1,621pcm |
| May 2020 | 1% | £1,540pcm |
| May 2019 | -0.6% | £1,526pcm |
| May 2018 | 1% | £1,536pcm |
| May 2017 | 1.7% | £1,520pcm |
| May 2016 | 2.3% | £1,495pcm |
| May 2015 | 3.4% | £1,461pcm |
| May 2014 | 2.2% | £1,413pcm |
| May 2013 | 1.6% | £1,383pcm |
| May 2012 | 2.9% | £1,361pcm |
| May 2011 | 7.6% | £1,322pcm |
| May 2010 | 8.9% | £1,229pcm |
| May 2009 | -10.1% | £1,129pcm |
| May 2008 | 1.9% | £1,256pcm |
| May 2007 | 0% | £1,232pcm |
The last sale was on 17th November 2022 for £856,060 and since then the market in the area has decreased by 1.8%. The street has had a total of 11 sales since 1995.
Melrose Close, Farnham, GU9 has seen no sales in the last three years and no sales in the last twelve months.
Melrose Close, Farnham, GU9 is the 141st largest and the 346th most expensive street in the GU9 area.
There is 1 postcode on Melrose Close, Farnham, GU9.
The closest station to Melrose Close, Farnham, GU9 is Farnham station which is 1.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Melrose Close, Farnham, GU9, 34.4% of property is privately owned with a mortgage and 31.3% is privately owned outright.
The graph below shows how this compares to South East 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 Melrose Close, Farnham, GU9, 23.1% of residents are recorded as possessing school level qualifications and 44.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Melrose Close, Farnham, GU9, the average age was 41.5 and the most common age was 22.
The graph below shows how this compares to South East 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 Melrose Close, Farnham, GU9, 0.8% of property was a second home.
Comparison figures for South East 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 Melrose Close, Farnham, GU9, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.