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Melverley Road, SY4 - Property Prices You Should Know
Get the facts on home sales for Melverley Road in the SY4 district in Shrewsbury, and compare them to surrounding areas.
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Associated Postcodes:
SY4 1BT, SY4 1BU
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House Prices > Shrewsbury > SY4 > Melverley Road
Market Beat of This Road
Handy Highlights of Property Prices in Melverley Road
- Since 2021, Melverley Road has logged 2 property transactions, achieving an average price of £197,500. The average home size is around 1,786 square feet, translating to £125 per square foot.
- Homes on the elegant Melverley Road have been sold for amounts between £130,000 and £300,000, while per-square-foot prices shifted from £110 to £143.
- The most recent property transaction on Melverley Road was in November 2023.
Street Prices vs Nearby Markets
How Melverley Road Prices Compare to Surrounding Areas
By Locality
Pentre
Save now, decorate later: Pentre homes are 13% less than Melverley Road ones. (£171,700 vs £197,500) From this perspective, selecting a property elsewhere in Pentre rather than Melverley Road might offer a discount of around £25,800.
By Sector
SY4 1
On Melverley Road, you’d spend 53% less for a home compared to the SY4 1 sector average. (£302,500 vs £197,500). Based on these figures, securing a comparable home on Melverley Road instead of another street in the sector could save you approximately £105,100.
By District
i.e. SY4
Compared to the SY4 district, properties in Melverley Road are, on average, 40% cheaper. (£197,500 vs £275,900). These numbers show that a comparable property elsewhere in the district might cost £78,500 more than one on Melverley Road.
By City or Town
i.e. Shrewsbury
Average home prices in Shrewsbury sit 28% above those in Melverley Road. (£253,000 vs £197,500). With this in mind, purchasing on Melverley Road could save you roughly £55,400 compared to a Shrewsbury property.
Road Features You Might Miss
Key Useful Facts About Melverley Road
- This particular road is home to 31 properties, all bound to one postal identifier.
- All homes on Melverley Road are pre-existing, with no new-builds present.
- On average, properties on Melverley Road score 56 (D) in energy efficiency, with room to improve to 75 (C).
- Typical homes on Melverley Road are larger than those found across Shrewsbury, offering an average of 1,786 square feet – 41% more than the town’s average.
- In SY4, most streets see homes sell after 11.47 months, but here they move within 43 months.
City Buyer’s Briefing
What’s Really Happening in Shrewsbury
The difference between smart buying and overpaying in Shrewsbury is often just a street or two. These crisp articles break it down beautifully.
Furthermore, our Property Prices in Shrewsbury page pulls together data from 2018 to now, including home type averages and nearby district comparisons.
Local Stops for Fun
Unpacking SY4: Insights & Info
Hoping to dig a little deeper into SY4’s housing trends, character, and appeal? It’s all laid out right here.
405
No. of Roads
3,036
No. of Transactions
£300K
Avg. Property Price
1,275
per sq/ft
Avg. Property Size
£240
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Streets to Enjoy
Other Roads Worth Checking Out
SY4 Roads with Similar Prices
Roads Near Melverley Road
- Queensway
- Big Walls
- Birch Grove
- Gooseberry Lane
- Little Ness Road
- Olden Lane
