Melrose Street, Sherwood
EM

Melrose Street, Sherwood

By Emma Terry

£ 210,000

Reviews

3 out of 5 stars

Emma Terry says ..

A beautifully presented mid-terrace house with three well-proportioned bedrooms, this property is perfect for families or professionals seeking a welcoming home. The clever use of space has created a dedicated office area, ideal for those who work from home or require a quiet space to study. ...

Property Oracle says ..

The property is a 3-bedroom terraced house located on Melrose Street in Sherwood, Nottingham. It benefits from a relatively small enclosed rear garden. The property appears to have undergone some modernisation, with a recently updated kitchen and bathroom. The interior is presented in good condition and is neutrally decorated. The location is a positive aspect, with several highly-rated primary schools within a short distance, including Haydn Primary School which has an ‘Outstanding’ Ofsted rating. Sherwood is a popular residential area and is well-regarded for its family-friendly atmosphere. There are several railway stations within a reasonable distance, providing access to Nottingham city centre and beyond. While the property is presented well, the plot size is very small. The lack of significant outdoor space is a notable drawback, especially for families. Considering the average price per square foot in the area is £323 and the property is listed at £210,000, the price seems reasonable, especially when compared to similar properties on Melrose Street. However, the smaller size of the property compared to the area average (688 sqft vs 994 sqft) should be factored in. Several comparable terraced houses on Melrose Street have sold for significantly less, suggesting that the asking price may be slightly on the higher end of the market value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
9
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
688.24

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
311,591.00 £
Decreased by 0.19 %
from 312,184.00 £
Est sale value
210,601.44 £
Increased by 17.69 %
from 178,942.40 £
Average area rental value
1,151.00 £/mo
Increased by 9.51 %
from 1,051.00 £/mo
Est letting value
688.24 £/mo
from 0.00 £/mo
Est rental Yield
4.43 %
Increased by 9.65 %
from 4.04 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Emma Terry created the listing.

Nearby Schools

NameTypeOfstedDistance
Haydn Primary SchoolCommunity SchoolOutstanding0.17 KM
Sherwood And Edwards Lane Children'S CentreChildren's Centre0.50 KM
Hospital And Home Education PruPupil Referral UnitGood0.54 KM
Seely Primary SchoolCommunity SchoolGood0.59 KM
Carrington Primary And Nursery SchoolCommunity SchoolGood1.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kensington Court £ 000.00 KM
Newstead Street £ 550,00000.00 KM
Melrose Avenue £ 250,00000.00 KM
Carrington Court £ 000.00 KM
Old Hall Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT3.80 KM
Bulwell1865BLW5.79 KM
Netherfield6241NET7.77 KM
Carlton6201CTO7.79 KM
Hucknall1862HKN8.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melrose Street, Sherwood £ 215,000BUY7 / 100.00 KM
Drayton Street, Sherwood, Nottingham £ 210,000BUYUnknown0.02 KM
Drayton Street, Sherwood, Nottingham £ 220,000BUY5 / 100.04 KM
Pump Works Close, Nottingham, Nottinghamshire, NG5 2HU £ 135,000BUY7 / 100.06 KM
Drayton Street, NOTTINGHAM, Nottinghamshire, NG5 £ 200,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
27 Melrose Street £ 167,7500.05 KM
45 Melrose Street £ 109,0000.05 KM
15 Melrose Street £ 160,0000.05 KM
11 Melrose Street £ 130,0000.05 KM
8 Melrose Street £ 37,0000.05 KM