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Melrose Way is a residential street with 55 addresses.
It ranks as the 853rd largest and 562nd most expensive of the 997 streets in the PR7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 55 properties: 55 houses.
Melrose Way is a residential street with 55 addresses.
It ranks as the 853rd largest and 562nd most expensive of the 997 streets in the PR7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 55 properties: 55 houses.
Sale prices range from £168,542 for 2 bedroom freehold houses with a garden (455 ft2) to £396,945 for 5 bedroom freehold houses with a garden (2,012 ft2) .
Monthly rental prices range from £859 pcm for 2 bed houses to £1,688 pcm for 5 bed houses.
The gross rental yield is between 4.9% and 6.7%.
The average value per square foot is £280.
The last sale on Melrose Way sold for £330,000 on 29th August 2025. Since then prices are up an average of 0.3%.
The current average value in the street is £249,477.
The Melrose Way Sales Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.7% | £249,477 |
| May 2025 | 4.3% | £247,669 |
| May 2024 | 2.6% | £237,457 |
| May 2023 | 4.2% | £231,456 |
| May 2022 | 10.8% | £222,136 |
| May 2021 | 6.5% | £200,470 |
| May 2020 | 2.6% | £188,223 |
| May 2019 | 1.5% | £183,410 |
| May 2018 | 2.7% | £180,624 |
| May 2017 | 2.7% | £175,794 |
| May 2016 | 3.3% | £171,117 |
| May 2015 | 2.6% | £165,666 |
| May 2014 | 1.5% | £161,478 |
| May 2013 | -0.4% | £159,147 |
| May 2012 | -2.2% | £159,810 |
| May 2011 | -1.8% | £163,371 |
| May 2010 | 2.7% | £166,391 |
| May 2009 | -7.5% | £162,089 |
| May 2008 | 0.2% | £175,182 |
| May 2007 | 0% | £174,892 |
The current average rental value in the street is £1,184.
The Melrose Way Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £1,184pcm |
| May 2025 | 6.2% | £1,150pcm |
| May 2024 | 8.8% | £1,082pcm |
| May 2023 | 9.2% | £994pcm |
| May 2022 | 9.1% | £911pcm |
| May 2021 | 5.7% | £835pcm |
| May 2020 | 1% | £790pcm |
| May 2019 | 1.7% | £782pcm |
| May 2018 | 2.2% | £769pcm |
| May 2017 | 0.9% | £752pcm |
| May 2016 | 2.1% | £746pcm |
| May 2015 | 2% | £730pcm |
| May 2014 | 0.5% | £716pcm |
| May 2013 | 0.1% | £712pcm |
| May 2012 | 1.4% | £711pcm |
| May 2011 | 1.2% | £702pcm |
| May 2010 | 2.5% | £693pcm |
| May 2009 | -3.7% | £676pcm |
| May 2008 | 4.5% | £702pcm |
| May 2007 | 0% | £672pcm |
The last sale was on 29th August 2025 for £330,000 and since then the market in the area has increased by 0.3%. The street has had a total of 51 sales since 1995.
Melrose Way, Chorley, PR7 has seen 5 sales in the last three years and 2 sales in the last twelve months.
Melrose Way, Chorley, PR7 is the 853rd largest and the 562nd most expensive street in the PR7 area.
There are 2 postcodes on Melrose Way, Chorley, PR7.
The closest station to Melrose Way, Chorley, PR7 is Chorley station which is 1.1 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Way, Chorley, PR7, % of property is and % is .
The graph below shows how this compares to North 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 Way, Chorley, PR7, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North 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 Way, Chorley, PR7, 0.0% of property was a second home.
Comparison figures for North 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 Way, Chorley, PR7, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.