Melrose DriveHouse Prices / West Midlands, Shropshire
Key Street Insights
Melrose Drive is a residential street with 7 addresses.
It ranks as the 43rd largest and 293rd most expensive of the 303 streets in the SY2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 7 houses.
- Houses
Key Street Insights
Melrose Drive is a residential street with 7 addresses.
It ranks as the 43rd largest and 293rd most expensive of the 303 streets in the SY2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 7 houses.
- Houses
House Priceson Melrose Drive
Sale prices range from £497,916 for 4 bedroom freehold houses with a garden (1,410 ft2) to £594,073 for 5 bedroom freehold houses with a garden (1,894 ft2) .
Monthly rental prices range from £1,511 pcm for 4 bed houses to £2,058 pcm for 5 bed houses.
The gross rental yield is between 3.6% and 4.4%.
The average value per square foot is £314.
Sales Market Trendson Melrose Drive
The last sale on Melrose Drive sold for £555,000 on 23rd September 2022. Since then prices have on average remained the same.
The current average value in the street is £559,488.
The Melrose Drive Sales Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.1% | £559,488 |
| May 2025 | -0.2% | £571,560 |
| May 2024 | 0.8% | £572,973 |
| May 2023 | 7.1% | £568,492 |
| May 2022 | 7.2% | £530,840 |
| May 2021 | 9% | £495,208 |
| May 2020 | 1% | £454,213 |
| May 2019 | 4.9% | £449,830 |
| May 2018 | 2.6% | £428,919 |
| May 2017 | 0.8% | £418,031 |
| May 2016 | 3% | £414,750 |
| May 2015 | 7.6% | £402,706 |
| May 2014 | 3.9% | £374,323 |
| May 2013 | 2% | £360,221 |
| May 2012 | 0.5% | £353,139 |
| May 2011 | -0.1% | £351,292 |
| May 2010 | 4.9% | £351,779 |
| May 2009 | -8% | £335,253 |
| May 2008 | 0.3% | £364,226 |
| May 2007 | 0% | £363,110 |
Rental Market Trendson Melrose Drive
The current average rental value in the street is £1,777.
The Melrose Drive Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,777pcm |
| May 2025 | 3.7% | £1,738pcm |
| May 2024 | 9.4% | £1,675pcm |
| May 2023 | 6.2% | £1,531pcm |
| May 2022 | 9.7% | £1,441pcm |
| May 2021 | 5.6% | £1,313pcm |
| May 2020 | 0.8% | £1,244pcm |
| May 2019 | 0.6% | £1,235pcm |
| May 2018 | 1.9% | £1,228pcm |
| May 2017 | 0.9% | £1,205pcm |
| May 2016 | 3.2% | £1,195pcm |
| May 2015 | 2.9% | £1,157pcm |
| May 2014 | 3.2% | £1,125pcm |
| May 2013 | 2.1% | £1,091pcm |
| May 2012 | 2.3% | £1,068pcm |
| May 2011 | 1.6% | £1,044pcm |
| May 2010 | 3% | £1,027pcm |
| May 2009 | -2.6% | £998pcm |
| May 2008 | -6.2% | £1,024pcm |
| May 2007 | 0% | £1,092pcm |
Explore Propertieson Melrose Drive, Shrewsbury, SY2
- 1, Melrose Drive, Shrewsbury, SY2 6QS4 bed mid-century house
- 2, Melrose Drive, Shrewsbury, SY2 6QS
- 3, Melrose Drive, Shrewsbury, SY2 6QS
- 4, Melrose Drive, Shrewsbury, SY2 6QS5 bed mid-century house
- 5, Melrose Drive, Shrewsbury, SY2 6QS
- 6, Melrose Drive, Shrewsbury, SY2 6QS5 bed mid-century house
- 7, Melrose Drive, Shrewsbury, SY2 6QS5 bed modern house
Sales Historyon Melrose Drive, Shrewsbury, SY2
The last sale was on 23rd September 2022 for £555,000 and since then the market in the area has remained stable. The street has had a total of 9 sales since 1995.
Melrose Drive, Shrewsbury, SY2 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Melrose Drive, Shrewsbury, SY2
Nearby Streetsto Melrose Drive, Shrewsbury, SY2
Melrose Drive, Shrewsbury, SY2 is the 43rd largest and the 293rd most expensive street in the SY2 area.
- 139 mHigley Drive, Shrewsbury, SY223 Addresses
- 155 mStretton Close, Shrewsbury, SY226 Addresses
- 157 mHexham Way, Shrewsbury, SY216 Addresses
- 176 mDove Close, Shrewsbury, SY251 Addresses
- 182 mSimpson Way, Shrewsbury, SY227 Addresses
- 216 mMaxfield Drive, Shrewsbury, SY252 Addresses
Postcodeson Melrose Drive, Shrewsbury, SY2
There is 1 postcode on Melrose Drive, Shrewsbury, SY2.
- House prices in SY2 6QS7 Addresses
Property Typesin Melrose Drive
- 1 modern house built after 1980
- 3 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (3)
- Unknown (3)
Energy Efficiencyof properties on Melrose Drive
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (3)
Schools Nearby
- 1.0kmMereside Church of England Primary Academy
- 1.7kmColeham Primary School
- 1.9kmMeole Brace Church of England Primary School and Nursery
- 2.2kmMeole Brace School
- 2.2kmThe Priory School
- 2.5kmBelvidere School
More reading links
Public Transport Nearby
The closest station to Melrose Drive, Shrewsbury, SY2 is Shrewsbury station, which is 2.6 kilometres away.
- 2.6kmShrewsbury
- 13.3kmYorton
- 14.9kmWellington (Shropshire)
