4 Melrose Drive

    4, MELROSE DRIVE, SHREWSBURY, SY2 6QS

    This detached freehold property on Melrose Drive last sold in December 2018 for £465,000. Based on price growth in the SY2 district since then, its estimated current value is £564,666 — placing it in the 84th percentile nationally and the 97th percentile within SY2. The property covers 176 m² (1,894 sq ft), giving an estimated value of £3,208 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,894 sq ft

    176 m²

    Last Sale Price

    £465,000

    Dec 2018

    Estimated Valuation

    £564,666

    Est. £/sq ft

    £298/sq ft

    £3,208/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageF
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,894 sq ft (176 m²)
    EPC dateFeb 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Dec 2018

    £465,000

    23 Jan 2006

    £325,000

    15 Oct 1999

    £143,000

    Key Metrics

    Estimated valuation£564,666
    Value per sq ft / m²£298/sq ft (£3,208/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SY2 district percentile97th percentile
    National percentile84th percentile

    District Context — SY2

    SY2 covers the central and southern areas of Shropshire, including towns and rural settlements across the county's heartland. It is a predominantly rural district with a mixed character, blending market town vitality with countryside living and a strong community focus.

    Average Property Price - SY2

    £295,181

    41

    National percentile

    Average Net Household Income - SY2

    £37,121

    45

    National percentile

    10-Year Annualised Price Growth - SY2

    3.4%

    45

    National percentile

    10-Year Annualised Rent Growth - SY

    3.5%

    25

    National percentile

    View full analysis for SY2

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