Melrose Close - PE9 2TH
Key Street Insights
Melrose Close is a residential street with 16 addresses.
It ranks as the 390th largest and 230th most expensive of the 731 streets in the PE9 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 16 properties: 11 houses and 5 other properties.
- Ave. Sale Price
- £308,123
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £1,448pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £324/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Street Insights
Melrose Close is a residential street with 16 addresses.
It ranks as the 390th largest and 230th most expensive of the 731 streets in the PE9 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 16 properties: 11 houses and 5 other properties.
- Ave. Sale Price
- £308,123
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £1,448pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £324/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Properties on Melrose Close, Stamford, PE9
- 1A Melrose Close
4 Bed Modern House
- 1B Melrose Close
4 Bed Modern House
- 1 Melrose Close
3 Bed Mid-century House
- 2 Melrose Close
3 Bed Mid-century House
- 3 Melrose Close
3 Bed Mid-century House
Sales Market Trends
The last sale on Melrose Close sold for £322,000 on 27th October 2023. Since then prices are down an average of 5.1%.
The current average value in the street is £308,123.
The Melrose Close Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.6% | £308,123 |
| July 2025 | -1.1% | £323,133 |
| July 2024 | -1.6% | £326,571 |
| July 2023 | 2.7% | £332,042 |
| July 2022 | 10.2% | £323,164 |
| July 2021 | 8.8% | £293,153 |
| July 2020 | 0.8% | £269,445 |
| July 2019 | 3.6% | £267,198 |
| July 2018 | 5.3% | £257,929 |
| July 2017 | 8.7% | £244,947 |
| July 2016 | 4% | £225,334 |
| July 2015 | 8.8% | £216,631 |
| July 2014 | 9.9% | £199,094 |
| July 2013 | 1.2% | £181,128 |
| July 2012 | -0.4% | £178,971 |
| July 2011 | 1.6% | £179,626 |
| July 2010 | 7.7% | £176,810 |
| July 2009 | -15.2% | £164,187 |
| July 2008 | -0.9% | £193,505 |
| July 2007 | 0% | £195,286 |
Rental Market Trends
The current average rental value in the street is £1,448.
The Melrose Close Rental Market has increased by 57.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.1% | £1,448pcm |
| July 2025 | 3.8% | £1,418pcm |
| July 2024 | 4.7% | £1,366pcm |
| July 2023 | 10.2% | £1,305pcm |
| July 2022 | 8.2% | £1,184pcm |
| July 2021 | 8.2% | £1,094pcm |
| July 2020 | 2.2% | £1,011pcm |
| July 2019 | 2.3% | £989pcm |
| July 2018 | 0.8% | £966pcm |
| July 2017 | 4.3% | £959pcm |
| July 2016 | 4.6% | £920pcm |
| July 2015 | 4.3% | £879pcm |
| July 2014 | 2.5% | £843pcm |
| July 2013 | 1.1% | £822pcm |
| July 2012 | 1.5% | £813pcm |
| July 2011 | 2.8% | £801pcm |
| July 2010 | 3.2% | £779pcm |
| July 2009 | -8.4% | £755pcm |
| July 2008 | 1.3% | £825pcm |
| July 2007 | 0% | £814pcm |
Sales History
The last recorded sale was on 27th October 2023 for £322,000 and since then the market in the area has decreased by 5.1%.
Melrose Close, Stamford, PE9 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Oct 2023£322,000 | 3 Bed House1, Melrose Close, Stamford, PE9 2TH1, Melrose Close, Stamford, PE9 2TH
- Sold Nov 2022£287,000 | 3 Bed House17, Melrose Close, Stamford, PE9 2TH17, Melrose Close, Stamford, PE9 2TH
- Sold May 2019£186,000 | 4 Bed House6, Melrose Close, Stamford, PE9 2TH6, Melrose Close, Stamford, PE9 2TH
Top 3 Most Expensive Sales
- Sold Oct 2023£322,000 | 3 Bed House1, Melrose Close, Stamford, PE9 2TH1, Melrose Close, Stamford, PE9 2TH
- Sold Nov 2022£287,000 | 3 Bed House17, Melrose Close, Stamford, PE9 2TH17, Melrose Close, Stamford, PE9 2TH
- Sold May 2005£285,000 | 3 Bed House17, Melrose Close, Stamford, PE9 2TH17, Melrose Close, Stamford, PE9 2TH
Nearby Streets
Melrose Close, Stamford, PE9 is the 390th largest and the 230th most expensive street in the PE9 area.
- Montrose Close, Stamford, PE918 Addresses|65 m away
- Ayr Close, Stamford, PE920 Addresses|70 m away
- Oban Close, Stamford, PE98 Addresses|77 m away
- Falkirk Close, Stamford, PE916 Addresses|133 m away
- Caithness Road, Stamford, PE997 Addresses|133 m away
- Cromarty Road, Stamford, PE938 Addresses|163 m away
Property Types
- 2 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- modern house (2)
- mid-century house (8)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (2)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (6)
Schools Nearby
- Malcolm Sargent Primary School300 m away
- Stamford St Gilberts Church of England Primary School1.4 km away
- The Bluecoat School1.5 km away
- Stamford Welland Academy1.7 km away
- Casterton College Rutland2.0 km away
- Arthur Mellows Village College13.8 km away
More reading links
Public Transport Nearby
The closest station to Melrose Close, Stamford, PE9 - PE9 2TH is Stamford (Lincs) station, which is 2.0 kilometres away.
- Stamford (Lincs)|2.0 km away
- Oakham|15.6 km away
- Peterborough|19.5 km away
