79, Melrose Street
79, Melrose Street
Description & Estimates
79, Melrose Street, Nottingham is recorded publicly as a period freehold house across 516 ft2 of internal area, sitting on a 56.2 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 79, Melrose Street, Nottingham is £143,442 and its rental estimate is £791 per month, given the available information and assuming reasonable condition.
Melrose Street, Nottingham, NG5 falls within the NG5 postal district.
Our Data Sources
79, Melrose Street, Nottingham has 51 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 79, Melrose Street, Nottingham, we estimate a market value of £150,614 and a rental value of £831 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £133,401 and £736 per month respectively.
Recent Market Change
Over the last year, 79, Melrose Street, Nottingham has seen its estimated sale value decline by £3,420 (2.4%) and its estimated rental value climb by £11 per month (1.4%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 79, Melrose Street, Nottingham as measuring 56 m2.
That makes it the 17th largest plot in the postcode, where 25 of the 26 other houses have recorded plot data.
Energy Efficiency
79, Melrose Street, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2023.
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 79, Melrose Street, Nottingham completed on 21st January 2022 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 15.3% over the period since January 2022.
- Sold Jan 2022£170,000
- Sold Jun 2018£118,000
- Sold Jun 2014£93,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 79, Melrose Street, Nottingham have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 14, Winchester Terrace, Nottingham, NG5 4AG, a freehold house which sold for £180,000.
Read more about house prices in NG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 61 addresses on Melrose Street, Nottingham, NG5, 79, Melrose Street, Nottingham comes out as the 61st largest and the 61st most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the NG5 district.
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Schools Nearby
- 100mHaydn Primary School
- 500mSeely Primary School
- 900mCarrington Primary and Nursery School
- 700mNottingham Free School
- 1.3kmThe Wells Academy
- 1.4kmBluecoat Trent Academy
More reading links
Public Transport Nearby
From 79, Melrose Street, Nottingham, the nearest station is Bulwell, 3.8 kilometres away.
- 3.8kmBulwell
- 3.8kmNottingham
- 5.0kmCarlton
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.
