House Prices on Melrose Drive, SY2 - What’s the Going Rate?

Examine the profile of Melrose Drive in the SY2 district in Shrewsbury, and see how it measures up against Shrewsbury overall.

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Associated Postcodes:

SY2 6QS

How much do homes command on Melrose Drive?

Estimated Property Value
£1,010,305
7.5/10
5.2%
2,763 sq/ft
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Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
📍
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   >   Shrewsbury  >   SY2  >  Melrose Drive

Street’s Property Overview

House Price Insights for Melrose Drive

  • Since 2021, 2 properties on Melrose Drive have been sold, fetching an average of £508,100. These homes typically cover 1,876 square feet, producing £239 per square foot.
  • The range of transaction values for homes on Melrose Drive has shifted from £465,000 to £555,000, with square foot rates spanning from £232 to £245.
  • The latest shuffle of property deeds on Melrose Drive wrapped up in September 2022.
Property Values vs the Vicinity

Property Trends: Melrose Drive vs Surrounding Areas

By Sector

SY2 6

If you're looking to buy on Melrose Drive, expect to pay around 48% more than in the SY2 6 sector on average. (£508,100 vs £263,200). This suggests that a similar home in the same sector but outside Melrose Drive might cost roughly £244,900 less.

By District

i.e. SY2

Compared to the SY2 district, average property prices in Melrose Drive are 50% higher. (£508,100 vs £253,800). Financially, selecting Melrose Drive could push your spend by around £254,300.

By City or Town

i.e. Shrewsbury

Want room in the budget for renovations? Start in Shrewsbury - it’ll save you 50% upfront. (£508,100 vs £253,000). Not to be overlooked, that extra £255,300 might simply be location tax.

Essential Extras for This Street

Additional Market and Street-Level Data for Melrose Drive

  • 8 properties make up this road, with just one postcode.
  • There are no newly built homes on Melrose Drive.
  • Energy performance on Melrose Drive is rated at an average of 68 (D), with a potential improvement to 80 (C).
  • Properties on Melrose Drive offer an average of 1,876 square feet, which is 44% above the Shrewsbury norm.
  • Homes on this street sell around every 43 months, making it a faster-moving market than most roads in SY2, which average 5.95 months.
District Market Breakdowns

Quick Guides to Shrewsbury Property Trends

See how Shrewsbury performs from street to street. These crisp reads highlight key comparisons, quick sales and sharp value zones.
To wrap things up, the Property Prices in Shrewsbury page captures key price movements and area shifts in a clean format.
Area Highlights to See

SY2 Area Overview

If your search has brought you to SY2 but left you with more questions than answers, this section is here to clear the fog and help you decide whether it deserves a second look.
257
No. of Roads
3,713
No. of Transactions
£300K
Avg. Property Price
1,007
per sq/ft
Avg. Property Size
£267
per sq/ft
Avg. Cost Per Sq/Ft
More Streets to Visit

Other Roads You’ll Want to See

Melrose Drive, SY2, Shrewsbury

Data You Can Believe In

Our valuations are shaped by data you can trust. They’re recalibrated with precision, making sure that street-level results are accurate, not exaggerated. Understand how the numbers are built

  1. Shropshire Council
  2. UK Government EPC Register (Melrose Drive Shrewsbury)
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    Strength: Very Weak