2, Melrose Crescent
2, Melrose Crescent
Description & Estimates
2, Melrose Crescent, Market Drayton is recorded publicly as a mid-century freehold house across 957 ft2 of internal area, sitting on a 228 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Melrose Crescent, Market Drayton is £236,365 and its rental estimate is £1,431 per month, given the available information and assuming reasonable condition.
Melrose Crescent, Market Drayton, TF9 falls within the TF9 postal district.
Our Data Sources
2, Melrose Crescent, Market Drayton has 3 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Melrose Crescent, Market Drayton, we estimate a market value of £248,183 and a rental value of £1,503 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,819 and £1,331 per month respectively.
Recent Market Change
Over the last year, 2, Melrose Crescent, Market Drayton has seen its estimated sale value rise by £4,892 (2.1%) and its estimated rental value move up by £56 per month (3.9%). This results in an estimated gross rental yield of 7.3%.
Plot Size
HM Land Registry records the plot of land for 2, Melrose Crescent, Market Drayton as measuring 228 m2.
That makes it the 17th largest plot in the postcode, where 19 of the 24 other houses have recorded plot data.
Energy Efficiency
2, Melrose Crescent, Market Drayton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Melrose Crescent, Market Drayton completed on 4th December 2023 at £225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 40.7% over the period since December 2023.
- Sold Dec 2023£225,000
- Sold Apr 2018£120,000
- Sold May 2007£139,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Melrose Crescent, Market Drayton have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd January 2025, was 29, Bartons Road, Market Drayton, TF9 1DD, a freehold house which sold for £215,000.
Read more about house prices in TF9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 24 addresses on Melrose Crescent, Market Drayton, TF9, 2, Melrose Crescent, Market Drayton comes out as the 15th largest and the 17th most expensive in our analysis of the public data.
It is also £75k less expensive than the average property across the TF9 district.
More reading links
Schools Nearby
- 400mMarket Drayton Junior School
- 800mMarket Drayton Infant & Nursery School
- 1.7kmLonglands Primary School
- 1.6kmThe Grove School
- 13.7kmSir John Talbot's School
- 15.6kmMadeley High School
More reading links
Public Transport Nearby
From 2, Melrose Crescent, Market Drayton, the nearest station is Prees, 12.9 kilometres away.
- 12.9kmPrees
- 14.0kmWhitchurch (Shropshire)
- 15.0kmWrenbury
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
