Housing Market Analysis for MELROSE CLOSE, WR2 5JE

Are you looking to understand WR2 5JE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Worcester postcode.

For the location information and nearby amenities in the WR2 5JE area, explore the WR2 5JE Area information page.
For comprehensive crime statistics in the WR2 5JE area, explore the WR2 5JE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WR2 5JE postcode area, The average prices are as follows,

Terraced
- The average price is around £197,192 median price is £199,635 Standard Deviation is £29,329 with Total Sold: 4
- The Last 5 Year average price is £219,135 with Total Sold: 2
- The most recent sale happened at this postcode is 16 MELROSE CLOSE: £236,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is 16 MELROSE CLOSE: £153,500 (Sold on 17 Aug 2012)
Semi-Detached
- The average price is around £180,423 median price is £183,500 Standard Deviation is £76,120 with Total Sold: 24
- The Last 5 Year average price is £253,222 with Total Sold: 9
- The most recent sale happened at this postcode is 1 MELROSE CLOSE: £200,000 (Sold on 19 Aug 2022)
- The first recorded sale happened at this postcode is 21 MELROSE CLOSE: £52,750 (Sold on 23 Nov 1995)
Detached
- The average price is around £263,467 median price is £288,000 Standard Deviation is £39,748 with Total Sold: 3
- The Last 5 Year average price is £295,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2A MELROSE CLOSE: £295,000 (Sold on 31 Jan 2020)
- The first recorded sale happened at this postcode is 2A MELROSE CLOSE: £207,400 (Sold on 07 Apr 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average WR2 5JE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£236,000	£3,065	1
2019	£202,270	£2,849	1
2018	£197,000	£2,432	1
2012	£153,500	£1,994	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£271,875	£3,060	4
2021	£260,750	£2,924	2
2020	£200,000	£2,632	1
2019	£235,000	£2,884	2
2017	£245,000	£2,207	1
2016	£187,000	£2,309	1
2015	£179,975	£2,165	2
2013	£155,000	£2,183	1
2011	£139,000	£1,479	1
2010	£150,000	£1,442	1
2008	£189,950	£2,159	1
2004	£162,000	£2,282	1
2002	£117,500	£1,451	1
2000	£78,000	£736	1
1998	£74,000		2
1997	£67,000	£604	1
1995	£52,750	£651	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£295,000	£2,037	1
2018	£288,000	£1,989	1
2003	£207,400	£1,432	1

All the Sales in the MELROSE CLOSE, WR2 5JE

See the table below for more details on the sold house prices in the WR2 5JE, Worcester postcode.

Address	Sold Date	Price	% Change
16 MELROSE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	30 Nov 2023	£236,000	53.75%
	17 Aug 2012	£153,500	First Sale
1 MELROSE CLOSESemi-Detached, FreeholdArea: 89.02 Sq.mtr	19 Aug 2022	£200,000	11.11%
1 MELROSE CLOSESemi-Detached, FreeholdArea: 89.02 Sq.mtr	17 Jul 2015	£180,000	First Sale
29 MELROSE CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	15 Aug 2022	£310,000	First Sale
19 MELROSE CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	08 Aug 2022	£252,500	First Sale
24 MELROSE CLOSESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1950-1966	19 Apr 2022	£325,000	316.67%
	31 Mar 2000	£78,000	First Sale
15 MELROSE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	26 Oct 2021	£226,500	39.81%
	29 Oct 2004	£162,000	First Sale
4 MELROSE CLOSESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-1966	29 Jun 2021	£295,000	20.41%
	01 Feb 2017	£245,000	265.67%
	06 Nov 1997	£67,000	First Sale
13 MELROSE CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	24 Sep 2020	£200,000	First Sale
2A MELROSE CLOSEDetached, FreeholdArea: 144.8 Sq.mtrAge: 1996-2002	31 Jan 2020	£295,000	2.43%
	28 Feb 2018	£288,000	38.86%
	07 Apr 2003	£207,400	First Sale
23 MELROSE CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	29 Nov 2019	£235,000	First Sale
21 MELROSE CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	10 May 2019	£235,000	25.67%
	26 May 2016	£187,000	59.15%
	07 May 2002	£117,500	122.75%
	23 Nov 1995	£52,750	First Sale
9 MELROSE CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1930-1949	22 Feb 2019	£202,270	First Sale
10 MELROSE CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	20 Mar 2018	£197,000	First Sale
5 MELROSE CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	07 Apr 2015	£179,950	First Sale
14 MELROSE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	27 Feb 2013	£155,000	First Sale
12 MELROSE CLOSESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	11 Jul 2011	£139,000	First Sale
2 MELROSE CLOSESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1950-1966	14 May 2010	£150,000	First Sale
6 MELROSE CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	09 Jun 2008	£189,950	First Sale
28 MELROSE CLOSESemi-Detached, Freehold	16 Oct 1998	£73,000	First Sale
25 MELROSE CLOSESemi-Detached, Freehold	30 Jan 1998	£75,000	First Sale

Check out the sold house prices near the WR2 5JE postcode. Properties currently for saleProperties currently for rent

MELROSE CLOSE, WR2 5JE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WR2 5JE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the WR2 5JE postcode.

Detached
- The average price is around £224,063 median price is £227,000 Standard Deviation is £113,419 with Total Sold: 423
- The Last 5 Year average price is £348,679 with Total Sold: 70
- The most recent sale happened at this postcode is , 233A HYLTON ROAD: £250,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 3 OSTLER DRIVE: £114,950 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £166,126 median price is £167,750 Standard Deviation is £79,837 with Total Sold: 654
- The Last 5 Year average price is £257,562 with Total Sold: 120
- The most recent sale happened at this postcode is , 13 ROWLEY HILL STREET: £225,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 8 LAUGHERNE ROAD: £80,000 (Sold on 09 Jan 1995)
Terraced
- The average price is around £134,917 median price is £139,000 Standard Deviation is £66,973 with Total Sold: 660
- The Last 5 Year average price is £219,766 with Total Sold: 96
- The most recent sale happened at this postcode is , 12 GROSVENOR WALK: £192,501 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 34 WINDSOR AVENUE: £47,500 (Sold on 07 Mar 1995)
Flat
- The average price is around £99,260 median price is £103,000 Standard Deviation is £45,548 with Total Sold: 231
- The Last 5 Year average price is £131,447 with Total Sold: 32
- The most recent sale happened at this postcode is , 25 INGLES DRIVE: £140,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 9 ST CLEMENTS COURT: £15,250 (Sold on 28 Feb 1995)
Other
- The average price is around £688,592 median price is £382,500 Standard Deviation is £861,222 with Total Sold: 13
- The Last 5 Year average price is £782,170 with Total Sold: 10
- The most recent sale happened at this postcode is , 79 LAUGHERNE ROAD: £382,500 (Sold on 10 May 2023)
- The first recorded sale happened at this postcode is , 2 HENWICK GREEN: £250,000 (Sold on 08 Oct 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£356,000	£3,019	5
2023	£353,900	£3,076	10
2022	£386,577	£4,277	13
2021	£361,184	£3,555	19
2020	£298,571	£2,808	7
2019	£319,406	£2,918	16
2018	£309,375	£2,824	8
2017	£284,944	£2,587	19
2016	£268,531	£2,223	16
2015	£277,750	£2,393	8
2014	£247,596	£2,412	23
2013	£235,396	£1,990	12
2012	£208,597	£2,187	9
2011	£250,421	£2,161	14
2010	£259,555	£2,333	9
2009	£205,312	£1,834	8
2008	£330,150	£2,380	10
2007	£261,700	£2,321	15
2006	£244,265	£2,087	17
2005	£240,038	£1,776	13
2004	£225,887	£2,329	27
2003	£185,427	£1,554	15
2002	£185,523	£1,404	15
2001	£119,253	£1,198	18
2000	£131,930	£1,392	15
1999	£113,773	£894	15
1998	£94,371	£816	12
1997	£93,591	£830	22
1996	£86,455	£718	11
1995	£88,407	£874	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,000	£2,795	6
2023	£302,803	£2,655	19
2022	£278,567	£2,987	30
2021	£256,405	£2,803	30
2020	£234,692	£2,591	13
2019	£210,545	£2,509	22
2018	£243,266	£2,347	16
2017	£220,984	£2,243	19
2016	£194,143	£2,060	24
2015	£198,994	£2,000	16
2014	£188,094	£2,143	24
2013	£186,477	£1,849	22
2012	£184,879	£1,833	19
2011	£168,318	£1,918	22
2010	£195,732	£1,757	14
2009	£169,961	£1,708	13
2008	£194,105	£1,942	21
2007	£188,056	£1,929	25
2006	£175,045	£1,882	41
2005	£167,076	£1,722	19
2004	£155,661	£1,631	26
2003	£145,820	£1,688	20
2002	£121,061	£1,158	22
2001	£108,603	£984	27
2000	£81,063	£832	22
1999	£68,820	£728	30
1998	£69,258	£705	23
1997	£60,424	£653	29
1996	£53,838	£594	20
1995	£53,206	£526	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,125	£2,967	4
2023	£254,031	£3,007	16
2022	£223,470	£2,705	22
2021	£242,688	£2,424	20
2020	£193,635	£2,573	13
2019	£190,151	£2,424	21
2018	£182,424	£2,321	18
2017	£170,316	£2,204	19
2016	£174,765	£1,968	30
2015	£185,246	£1,856	19
2014	£149,432	£2,023	20
2013	£151,500	£1,863	12
2012	£148,088	£1,922	17
2011	£139,296	£1,686	12
2010	£147,881	£1,925	13
2009	£151,500	£1,719	11
2008	£137,594	£2,059	16
2007	£165,976	£1,977	30
2006	£158,550	£1,903	38
2005	£165,071	£1,695	35
2004	£137,858	£1,684	30
2003	£113,875	£1,430	24
2002	£96,210	£1,169	30
2001	£74,644	£957	32
2000	£73,748	£796	20
1999	£59,252	£729	30
1998	£55,750	£652	34
1997	£55,695	£602	35
1996	£50,050	£610	25
1995	£43,220	£609	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£122,650	£2,450	10
2022	£161,125	£2,440	8
2021	£161,667	£2,365	3
2020	£129,500	£2,468	4
2019	£98,257	£1,855	7
2018	£105,750	£2,181	8
2017	£98,988	£2,063	4
2016	£86,250	£1,522	4
2015	£81,900	£1,815	5
2014	£133,750	£2,367	4
2013	£103,906	£1,754	8
2012	£129,056	£1,757	9
2011	£142,500	£2,515	2
2010	£104,292	£1,894	12
2009	£107,400	£1,549	5
2008	£100,250	£1,630	4
2007	£134,481	£2,623	8
2006	£139,468	£2,204	20
2005	£115,020	£2,161	20
2004	£106,270	£2,019	20
2003	£79,939	£1,576	9
2002	£70,494	£1,171	8
2001	£56,685	£1,027	13
2000	£36,309	£876	9
1999	£40,362	£653	4
1998	£36,160	£960	5
1997	£40,595	£596	10
1996	£42,333		3
1995	£42,150	£713	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£315,833	£3,316	3
2022	£630,067		3
2021	£375,000		1
2020	£2,290,000		2
2019	£29,000	£690	1
2018	£130,000	£4,194	1
2015	£500,000	£2,294	2

House Type in WR2 5JE area

The most common house types in the WR2 5JE postcode area are Terraced (73), Semi-detached (50), and Detached (3).

Total	127
Terraced	73
Semi-detached	50
Detached	3
Shared house	1
Flat	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (45), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency	45
Owned: Owns with a mortgage or loan	40
Owned: Owns outright	34
Private rented: Other private rented	5
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the WR2 5JE have 2 people in household (35), and 1 person in household (34).

2 people in household	35
1 person in household	34
4 people in household	28
3 people in household	22
5 people in household	6
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0