Melrose, Northallerton
Melrose, Northallerton
Description & Estimates
Melrose, Northallerton appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,213 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Melrose, Northallerton is £268,392 and its rental estimate is £1,072 per month, given the available information and assuming reasonable condition.
Great Langton, Northallerton, DL7 falls within the DL7 postal district.
Our Data Sources
Melrose, Northallerton has 31 entries in the Land Registry , most recently in December 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Melrose, Northallerton, we estimate a market value of £281,812 and a rental value of £1,125 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,605 and £997 per month respectively.
Recent Market Change
Over the last year, Melrose, Northallerton has seen its estimated sale value fall by £410 (0.2%) and its estimated rental value move up by £29 per month (2.7%). This results in an estimated gross rental yield of 4.8%.
Sold Prices
The most recent sale of Melrose, Northallerton completed on 10th December 2021 at £305,000 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 3.6% over the period since December 2021.
- Sold Dec 2021£305,000
- Sold Jul 2002£130,000
- Sold Apr 2002£116,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Melrose, Northallerton have sold within a radius of 5.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th March 2021, was Greencroft, Northallerton, DL7 0TY, a freehold house which sold for £300,000.
Read more about house prices in DL7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Great Langton, Northallerton, DL7, Melrose, Northallerton comes out as the 31st largest and the 44th most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the DL7 district.
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Schools Nearby
- 5.4kmAinderby Steeple Church of England Primary School
- 5.5kmBolton-On-Swale St Mary's CofE Primary School
- 5.8kmMichael Syddall Church of England Aided Primary School
- 8.1kmNorthallerton School & Sixth Form College
- 9.2kmBedale High School
- 11.0kmRisedale School
More reading links
Public Transport Nearby
From Melrose, Northallerton, the nearest station is Northallerton, 7.6 kilometres away.
- 7.6kmNorthallerton
- 17.5kmDarlington
- 17.6kmDinsdale
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
