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Melrose Close is a residential street with 9 addresses.
It ranks as the 176th largest and 235th most expensive of the 658 streets in the EX16 area. The dominant property type is a modern house built after 1980.
The street contains a total of 9 properties: 9 houses.
Melrose Close is a residential street with 9 addresses.
It ranks as the 176th largest and 235th most expensive of the 658 streets in the EX16 area. The dominant property type is a modern house built after 1980.
The street contains a total of 9 properties: 9 houses.
Sale prices range from £230,308 for 3 bedroom leasehold houses with a garden (731 ft2) to £254,947 for 3 bedroom leasehold houses with a garden (882 ft2) .
Monthly rental prices range from £981 pcm for 3 bed houses to £1,056 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 5.1%.
The average value per square foot is £307.
The last sale on Melrose Close sold for £113,750 on 21st April 2016. Since then prices are up an average of 36.9%.
The current average value in the street is £242,499.
The Melrose Close Sales Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.7% | £242,499 |
| May 2025 | -3.7% | £240,811 |
| May 2024 | -2.4% | £250,001 |
| May 2023 | 1.9% | £256,130 |
| May 2022 | 14.6% | £251,313 |
| May 2021 | 9% | £219,215 |
| May 2020 | 1.2% | £201,134 |
| May 2019 | 5.4% | £198,845 |
| May 2018 | 3% | £188,583 |
| May 2017 | 3.3% | £183,080 |
| May 2016 | 2.8% | £177,173 |
| May 2015 | 4.1% | £172,366 |
| May 2014 | 3.7% | £165,590 |
| May 2013 | 3.6% | £159,727 |
| May 2012 | -0.4% | £154,204 |
| May 2011 | -4.4% | £154,883 |
| May 2010 | 7.2% | £162,081 |
| May 2009 | -10% | £151,169 |
| May 2008 | 1% | £167,948 |
| May 2007 | 0% | £166,224 |
The current average rental value in the street is £1,020.
The Melrose Close Rental Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £1,020pcm |
| May 2025 | 1.5% | £984pcm |
| May 2024 | 5.7% | £969pcm |
| May 2023 | 5.7% | £917pcm |
| May 2022 | 13.1% | £868pcm |
| May 2021 | 6.1% | £767pcm |
| May 2020 | 2.2% | £723pcm |
| May 2019 | 1.1% | £708pcm |
| May 2018 | 4% | £700pcm |
| May 2017 | 2.3% | £674pcm |
| May 2016 | 0.5% | £659pcm |
| May 2015 | 4.5% | £656pcm |
| May 2014 | 1.2% | £628pcm |
| May 2013 | -2.2% | £620pcm |
| May 2012 | 3.5% | £634pcm |
| May 2011 | -1.1% | £612pcm |
| May 2010 | 3.3% | £619pcm |
| May 2009 | -5.1% | £599pcm |
| May 2008 | 2.1% | £632pcm |
| May 2007 | 0% | £619pcm |
The last sale was on 21st April 2016 for £113,750 and since then the market in the area has increased by 36.9%. The street has had a total of 5 sales since 1995.
Melrose Close, Tiverton, EX16 has seen no sales in the last three years and no sales in the last twelve months.
Melrose Close, Tiverton, EX16 is the 176th largest and the 235th most expensive street in the EX16 area.
There is 1 postcode on Melrose Close, Tiverton, EX16.
The closest station to Melrose Close, Tiverton, EX16 is Tiverton Parkway station which is 8.7 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around Melrose Close, Tiverton, EX16, 38.6% of property is privately rented and 26.8% is privately owned with a mortgage.
The graph below shows how this compares to South West 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, Tiverton, EX16, 19.0% of residents are recorded as possessing school level qualifications and 27.3% as possessing degree level qualifications.
The graph below shows how this compares to South West 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, Tiverton, EX16, the average age was 42.1 and the most common age was 32.
The graph below shows how this compares to South West 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, Tiverton, EX16, 1.3% of property was a second home.
Comparison figures for South West 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, Tiverton, EX16, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.