Property Prices on Melrose Close, WR2 - Full Market Breakdown

This page provides insightful data related to Melrose Close in Worcester, including comparisons to the broader area and Worcester overall.

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Associated Postcodes:

WR2 5JE

What should properties be worth on Melrose Close?

Estimated Property Value
£1,010,305
7.5/10
↗ 5.2%
2,763 sq/ft
Select a property type to see average size for this road
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Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
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This District
£690,000
🏙️
All of Coventry
View the city-wide average
£485,000
📊
Select a comparison above to see how Leaf Lane performs

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House Prices   >   Worcester  >   WR2  >  Melrose Close

Street’s Property Overview

The Current Property Landscape of Melrose Close

  • On Melrose Close, 15 transactions have taken place since 2021, with homes averaging £249,700. These properties measure 958 square feet on average, giving £262 per square foot.
  • Sales activity on the well-positioned Melrose Close shows prices stretching from £197,000 to £325,000, with square foot costs covering £185 to £339.
  • On Melrose Close, the last key exchange ceremony took place in November 2023.
Pricing This Street Locally

Property Trends: Melrose Close vs Surrounding Areas

By Sector

WR2 5

Property values in Melrose Close fall 14% below the average in the WR2 5 sector. (£285,400 vs £249,700). If you crunch the numbers, buying on Melrose Close instead of elsewhere in WR2 5 could leave you with £35,700 extra.

By District

i.e. WR2

Compared to similar properties, Melrose Close homes are 24% cheaper than those in WR2. (£249,700 vs £308,600). This pricing pattern indicates that a home on Melrose Close could be available at £58,900 below other district homes.

By City or Town

i.e. Worcester

On average, properties in Worcester are 34% more expensive than in Melrose Close. (£336,000 vs £249,700). From this perspective, a home in Worcester could require an additional £85,900 compared to one on Melrose Close.

Road Highlights Uncovered

Additional Market and Street-Level Data for Melrose Close

  • With 33 properties along its length, this road uses only one postcode.
  • Melrose Close features a collection of established homes, without a single new-build in sight.
  • The present average EPC score on Melrose Close is 64 (D), with homes potentially reaching up to 82 (B).
  • Across Melrose Close, homes average 958 square feet, 5% bigger than the Worcester benchmark.
  • Homeowners on this street typically move on after 6 months, which is quicker than the 9.23 months common in WR2.
Buyer’s Market Lowdown

Where Worcester Homes Sell, Stall, or Soar

Thinking of buying or investing in Worcester? Check out our in-depth articles for the best roads, real estate trends, and tips to snag a great opportunity.
Furthermore, we’ve collected all the relevant numbers in one place on the Worcester House Prices section of our site.
Places to Check Out

Discover the WR2 Area

If WR2 has been quietly hovering in your thoughts – maybe it popped up during a search or someone mentioned it in passing – and you’re now ready to give it a proper look without diving into a sea of estate agent jargon, you’ll find the essentials laid out below (useful, clean, and without unnecessary fuss).
414
No. of Roads
3,859
No. of Transactions
£400K
Avg. Property Price
1,092
per sq/ft
Avg. Property Size
£290
per sq/ft
Avg. Cost Per Sq/Ft
Local Gems to Roam

Other Roads for Your Radar

Popular Roads in WR2

WR2 Roads with Similar Prices

  • Calgary Drive
  • Ottawa Close
  • Russet Close
  • Brown Street
  • Ontario Close
  • Newbury Road

Roads Near Melrose Close

Melrose Close, WR2, Worcester

Real Data. Real Intelligence.

Through a clever fusion of respected data and powerful valuation algorithms, we deliver impressively refined property insights, all the way down to individual streets. Our system reworks EPC and Land Registry records (making sharp adjustments where needed) to remove noise and show true patterns. See how we bring clarity to data

  1. Worcester City Council
  2. HM Land Registry (Worcester)
  3. UK Government EPC Register (Melrose Close Worcester)
  4. CheckMyPostcode.uk WR2 5JE
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    Strength: Very Weak