87, Melrose Street
87, Melrose Street
Description & Estimates
Public records show 87, Melrose Street, Nottingham to be a period freehold house with 570 ft2 of internal area, sitting on a 69.3 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
87, Melrose Street, Nottingham has an estimated sale value of £150,407 and an estimated rental value of £830 per month, assuming reasonable condition and based on the information available.
Melrose Street, Nottingham, NG5 lies within the NG5 postal district.
Our Data Sources
87, Melrose Street, Nottingham has 31 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated April 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
In very good condition, we estimate 87, Melrose Street, Nottingham would be worth £157,927, with a potential rental value of £871 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £139,878, with a rental value of £771 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 87, Melrose Street, Nottingham has decreased by £3,586 (2.4%) over the last year. During the same period, its estimated monthly rental value has grown by £12 (1.4%). The property's estimated gross yield is currently 6.6%.
Plot Size
87, Melrose Street, Nottingham occupies a 69 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 25 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
87, Melrose Street, Nottingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Apr 2023.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
87, Melrose Street, Nottingham last changed hands on 18th January 2024, selling for £115,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 5.8% since January 2024.
- Sold Jan 2024£115,000
- Sold Jan 2000£43,500
- Sold Feb 1996£35,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of 87, Melrose Street, Nottingham across the last 2 years.
Most recently, 79, Melrose Street, Nottingham, NG5 2JQ, a freehold house, sold at £170,000 on the 21st January 2022.
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
Our analysis of the public data ranks 87, Melrose Street, Nottingham as the 57th largest and the 57th most expensive of the 61 addresses on Melrose Street, Nottingham, NG5.
Against the NG5 postcode district average, it is £70k less expensive than the typical property.
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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
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Public Transport Nearby
Bulwell station is the nearest stop to 87, Melrose Street, Nottingham at 3.8 kilometres away.
- 3.8kmBulwell
- 3.8kmNottingham
- 5.0kmCarlton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
