House Prices & Property Values on Melrose Street, Nottingham, NG5 2JQ | Woodstead
Street guide & valuation

House Prices & Property Values on Melrose Street, Nottingham, NG5 2JQ

Melrose Street in Nottingham is a residential location within Nottingham City, appealing to buyers looking for an established setting with access to local amenities, schools and transport links. House prices in Melrose Street have had an overall average of £165,000 over the last year.

£165,000 Average price
26% down Vs previous year
19% down Vs 2023 peak

About Melrose Street, Nottingham

Melrose Street sits within Nottingham and forms part of an established residential setting with access to shops, schools, services and transport routes. Its location makes it appealing to buyers who want practicality, local convenience and good connections into the wider area.

Homes on Melrose Street can appeal to a broad range of buyers, including first-time buyers, investors and owner-occupiers looking for practical housing in a well-connected area. Streets like this often remain popular thanks to their accessibility and everyday convenience.

Property Types & House Prices on Melrose Street

House prices in Melrose Street have an overall average of £165,000 over the last year. Overall, the historical sold prices in Melrose Street over the last year were 26% down on the previous year and 19% down on the 2023 peak of £203,525.

  • The overall average house price on Melrose Street over the last year was £165,000.
  • Historical sold prices were 26% down on the previous year.
  • Prices were also 19% down on the 2023 peak of £203,525.
  • Property values can vary depending on condition, layout and presentation.
  • Well-maintained homes in NG5 locations can still attract strong buyer interest.

While market averages can provide useful guidance, the most reliable way to understand your property’s value is through a tailored valuation based on comparable nearby sales, buyer demand and your property’s individual features.

Price guidance should always be treated as indicative only until a full valuation has been carried out.

Why Buyers Like This Part of NG5

  • Established residential surroundings in Nottingham
  • Appeal for first-time buyers and investors
  • Access to shops, schools and local services
  • Convenient travel links across Nottingham City
  • Strong interest in practical and well-presented homes

Thinking of Selling on Melrose Street?

If you are considering selling, one of the most useful first steps is to arrange an accurate local valuation. Online estimates can offer a rough guide, but they rarely reflect your home’s exact condition, position, improvements or the latest buyer demand.

At Woodstead, we assess your property in context — not just by postcode. That gives you a clearer understanding of likely value and a more realistic strategy if you decide to bring your home to market.

Frequently Asked Questions

How much is my house on Melrose Street worth?
House prices in Melrose Street have had an overall average of £165,000 over the last year, although the value of an individual home depends on size, layout, condition and presentation.
Have house prices on Melrose Street changed recently?
Historical sold prices over the last year were 26% down on the previous year and 19% down on the 2023 peak of £203,525.
Is Melrose Street a good place to live?
Melrose Street appeals to buyers looking for an established residential setting in Nottingham with access to local amenities, schools and transport links across the city.
Do homes in Nottingham and NG5 attract good buyer demand?
Well-presented homes in Nottingham and the wider NG5 area can still attract strong buyer demand, especially when they are priced correctly and marketed effectively.

Map: Melrose Street, Nottingham, NG5 2JQ