Melrose Drive - PE2 9DN
Key Street Insights
Melrose Drive is a residential street with 33 addresses.
It ranks as the 313th largest and 379th most expensive of the 567 streets in the PE2 area. The most common property type is a modern house built after 1980.
The street contains a total of 33 properties: 23 houses and 10 other properties.
- Ave. Sale Price
- £264,741
- 10 Year change
- up 38.0%
- Ave. Rental Price
- £1,329pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Street Insights
Melrose Drive is a residential street with 33 addresses.
It ranks as the 313th largest and 379th most expensive of the 567 streets in the PE2 area. The most common property type is a modern house built after 1980.
The street contains a total of 33 properties: 23 houses and 10 other properties.
- Ave. Sale Price
- £264,741
- 10 Year change
- up 38.0%
- Ave. Rental Price
- £1,329pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties on Melrose Drive, Peterborough, PE2
- 1 Melrose Drive
4 Bed Modern House
- 2 Melrose Drive
House
- 3 Melrose Drive
4 Bed Modern House
- 4 Melrose Drive
3 Bed Modern House
- 5 Melrose Drive
3 Bed Modern House
Sales Market Trends
The last sale on Melrose Drive sold for £217,000 on 11th April 2025. Since then prices are down an average of 2.6%.
The current average value in the street is £264,741.
The Melrose Drive Sales Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £264,741 |
| June 2025 | 0.2% | £272,506 |
| June 2024 | -2.2% | £271,933 |
| June 2023 | 2.5% | £278,119 |
| June 2022 | 12.9% | £271,442 |
| June 2021 | 5% | £240,324 |
| June 2020 | 1.1% | £228,981 |
| June 2019 | 2.1% | £226,449 |
| June 2018 | 4.9% | £221,832 |
| June 2017 | 10.2% | £211,483 |
| June 2016 | 6.7% | £191,880 |
| June 2015 | 5.4% | £179,805 |
| June 2014 | 7.6% | £170,662 |
| June 2013 | 1.5% | £158,596 |
| June 2012 | -0.6% | £156,191 |
| June 2011 | -2.9% | £157,102 |
| June 2010 | 6.1% | £161,803 |
| June 2009 | -11.5% | £152,451 |
| June 2008 | -5.5% | £172,300 |
| June 2007 | 0% | £182,271 |
Rental Market Trends
The current average rental value in the street is £1,329.
The Melrose Drive Rental Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £1,329pcm |
| June 2025 | 3.3% | £1,312pcm |
| June 2024 | 6.7% | £1,270pcm |
| June 2023 | 11% | £1,191pcm |
| June 2022 | 6.4% | £1,072pcm |
| June 2021 | 6.3% | £1,008pcm |
| June 2020 | 2.3% | £948pcm |
| June 2019 | -0.1% | £927pcm |
| June 2018 | 2.4% | £927pcm |
| June 2017 | 5.3% | £906pcm |
| June 2016 | 5.7% | £860pcm |
| June 2015 | 4% | £814pcm |
| June 2014 | 3.6% | £782pcm |
| June 2013 | 2.3% | £755pcm |
| June 2012 | 3.8% | £738pcm |
| June 2011 | 2.5% | £711pcm |
| June 2010 | 2.6% | £694pcm |
| June 2009 | -8.4% | £677pcm |
| June 2008 | 4.6% | £739pcm |
| June 2007 | 0% | £706pcm |
Sales History
The last recorded sale was on 11th April 2025 for £217,000 and since then the market in the area has decreased by 2.6%.
Melrose Drive, Peterborough, PE2 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Apr 2025£217,000 | 2 Bed House14, Melrose Drive, Peterborough, PE2 9DN14, Melrose Drive, Peterborough, PE2 9DN
- Sold Mar 2024£305,000 | 4 Bed House27, Melrose Drive, Peterborough, PE2 9DN27, Melrose Drive, Peterborough, PE2 9DN
- Sold Jun 2022£225,000 | 2 Bed House6, Melrose Drive, Peterborough, PE2 9DN6, Melrose Drive, Peterborough, PE2 9DN
Top 3 Most Expensive Sales
- Sold Mar 2007£320,000 | 5 Bed House32, Melrose Drive, Peterborough, PE2 9DN32, Melrose Drive, Peterborough, PE2 9DN
- Sold Mar 2024£305,000 | 4 Bed House27, Melrose Drive, Peterborough, PE2 9DN27, Melrose Drive, Peterborough, PE2 9DN
- Sold Aug 2021£300,000 | 4 Bed House22, Melrose Drive, Peterborough, PE2 9DN22, Melrose Drive, Peterborough, PE2 9DN
Nearby Streets
Melrose Drive, Peterborough, PE2 is the 313th largest and the 379th most expensive street in the PE2 area.
- Charnwood Close, Peterborough, PE222 Addresses|127 m away
- Abbeyfields, Peterborough, PE241 Addresses|127 m away
- Woodbine Street, Peterborough, PE23 Addresses|165 m away
- Fellowes Gardens, Peterborough, PE281 Addresses|166 m away
- Chartwell Close, Peterborough, PE210 Addresses|177 m away
- Elm Street, Peterborough, PE223 Addresses|187 m away
Property Types
- 18 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 10 other addresses of unknown type
- modern house (18)
- mid-century house (2)
- house (3)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (12)
- No EPC (13)
Schools Nearby
- Old Fletton Primary School500 m away
- St Augustine's CofE (Voluntary Aided) Junior School600 m away
- Brewster Avenue Infant School700 m away
- Stanground Academy1.8 km away
- St John Fisher Catholic High School2.7 km away
- Jack Hunt Academy2.9 km away
More reading links
Public Transport Nearby
The closest station to Melrose Drive, Peterborough, PE2 - PE2 9DN is Peterborough station, which is 1.6 kilometres away.
- Peterborough|1.6 km away
- Whittlesea|8.6 km away
- Stamford (Lincs)|18.6 km away
