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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Melrose Close, Stamford is a mid-century house with 882 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Melrose Close, Stamford is £279,589 and the estimated rental value is £1,252 per month.
Melrose Close, Stamford, PE9 is located in the borough of South Kesteven within the PE9 postal district.
2, Melrose Close, Stamford has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Melrose Close, Stamford is in very good condition we estimate a sale value of £293,568 and a rental value of £1,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,017 and a rental value of £1,164 per month.
Over the last 12 months the sale value of 2 Melrose Close Stamford has decreased by an estimated £15,377 (5.5%) and its rental value has increased by an estimated £14 per month (1.1%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Melrose Close, Stamford sits on a plot of 221m2.
We have plot size data on 13 out of 16 other houses in the postcode and 2, Melrose Close, Stamford sits on the 10th largest plot.
2, Melrose Close, Stamford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Melrose Close, Stamford was last sold on 24th March 2005 for £130,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Melrose Close, Stamford within a radius of 600 metres over the last 2 years.
The most recent example is 36, Cromarty Road, Stamford, PE9 2TQ, a freehold house which sold for £288,000 on the 15th November 2024.
Read more about house prices in PE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Close, Stamford, PE9 has a total of 16 addresses. According to our analysis of all the public data, 2, Melrose Close, Stamford is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in PE9.
The closest station to 2, Melrose Close, Stamford is Stamford (Lincs) station which is 2.0 kilometres away.
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 2, Melrose Close, Stamford, 52.5% of property is privately owned outright and 28.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 2, Melrose Close, Stamford, 11.0% of residents are recorded as possessing school level qualifications and 29.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Melrose Close, Stamford, the average age was 44.1 and the most common age was 57.
The graph below shows how this compares to East Midlands 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 2, Melrose Close, Stamford, 1.2% of property was a second home.
Comparison figures for East Midlands 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 2, Melrose Close, Stamford, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
