Melchester Road - SP2 9GP
Key Postcode Insights
SP2 9GP is a residential postcode situated on Melchester Road, Salisbury, SP2 with 37 addresses.
It ranks as the 740th largest and 574th most expensive of the 827 postcodes in the SP2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 28 houses and 9 flats.
- Ave. Sale Price
- £342,296
- 10 Year change
- up 21.1%
- Ave. Rental Price
- £1,381pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £314/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
SP2 9GP is a residential postcode situated on Melchester Road, Salisbury, SP2 with 37 addresses.
It ranks as the 740th largest and 574th most expensive of the 827 postcodes in the SP2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 28 houses and 9 flats.
- Ave. Sale Price
- £342,296
- 10 Year change
- up 21.1%
- Ave. Rental Price
- £1,381pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £314/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin SP2 9GP
- 1 Melchester Road
4 Bed Modern House
- 3 Melchester Road
4 Bed Modern House
- 5 Melchester Road
4 Bed Modern House
- 7 Melchester Road
4 Bed Modern House
- 9 Melchester Road
4 Bed Modern House
Sales Market Trends
The last sale in SP2 9GP sold for £485,000 on 16th December 2024. Since then prices are down an average of 0.3%.
The current average value in the postcode is £342,296.
The SP2 9GP Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £342,296 |
| June 2025 | 3.1% | £348,995 |
| June 2024 | -2.1% | £338,571 |
| June 2023 | 2.9% | £345,973 |
| June 2022 | 7.8% | £336,141 |
| June 2021 | 5% | £311,953 |
| June 2020 | 0.2% | £297,087 |
| June 2019 | -0.1% | £296,462 |
| June 2018 | 1.2% | £296,650 |
| June 2017 | 3.7% | £293,033 |
| June 2016 | 5.9% | £282,608 |
| June 2015 | 4.3% | £266,775 |
| June 2014 | 9.2% | £255,710 |
| June 2013 | -0.5% | £234,264 |
| June 2012 | -0.4% | £235,555 |
| June 2011 | -0.3% | £236,604 |
| June 2010 | 8.9% | £237,423 |
| June 2009 | -11.3% | £217,925 |
| June 2008 | -1.2% | £245,583 |
| June 2007 | 0% | £248,542 |
Rental Market Trends
The current average rental value in the postcode is £1,381.
The SP2 9GP Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,381pcm |
| June 2025 | 8.5% | £1,333pcm |
| June 2024 | 5.5% | £1,229pcm |
| June 2023 | 6.8% | £1,165pcm |
| June 2022 | 6.3% | £1,091pcm |
| June 2021 | 4.2% | £1,026pcm |
| June 2020 | 3.7% | £985pcm |
| June 2019 | -0.7% | £950pcm |
| June 2018 | 0.6% | £956pcm |
| June 2017 | 1.3% | £950pcm |
| June 2016 | 2.1% | £938pcm |
| June 2015 | 2.6% | £919pcm |
| June 2014 | 3.5% | £896pcm |
| June 2013 | 0.6% | £866pcm |
| June 2012 | 1.5% | £861pcm |
| June 2011 | 0.2% | £848pcm |
| June 2010 | 2.5% | £846pcm |
| June 2009 | -4.2% | £826pcm |
| June 2008 | 2% | £862pcm |
| June 2007 | 0% | £845pcm |
Sales History
The last sale was on 16th December 2024 for £485,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 26 sales since 1995.
SP2 9GP has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£485,000 | 4 Bed House5, Melchester Road, Salisbury, SP2 9GP5, Melchester Road, Salisbury, SP2 9GP
- Sold Aug 2024£292,500 | 3 Bed House45, Melchester Road, Salisbury, SP2 9GP45, Melchester Road, Salisbury, SP2 9GP
- Sold Jun 2024£420,000 | 4 Bed House41, Melchester Road, Salisbury, SP2 9GP41, Melchester Road, Salisbury, SP2 9GP
- Sold Dec 2022£282,995 | 3 Bed House47, Melchester Road, Salisbury, SP2 9GP47, Melchester Road, Salisbury, SP2 9GP
- Sold Dec 2022£314,995 | 3 Bed House49, Melchester Road, Salisbury, SP2 9GP49, Melchester Road, Salisbury, SP2 9GP
Nearby Postcodes
SP2 9GP is the 740th largest and the 574th most expensive postcode out of the 827 postcodes in the SP2 area.
- SP2 9GN, Melchester Road, Salisbury, SP2SP2 9GN50 Addresses|21 m away
- SP2 9GR, Finch Close, Salisbury, SP2SP2 9GR33 Addresses|47 m away
- SP2 9GS, Whistler Road, Salisbury, SP2SP2 9GS10 Addresses|88 m away
- SP2 9GQ, Fawcett Drive, Salisbury, SP2SP2 9GQ16 Addresses|96 m away
- SP2 9GT, Lauton Close, Salisbury, SP2SP2 9GT12 Addresses|177 m away
Property Types
- 28 modern houses built after 1980
- 9 modern flats built after 1980
- modern house (28)
- modern flat (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (37)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold May 2022£551,473 | 4 Bed House21, Melchester Road, Salisbury, SP2 9GP21, Melchester Road, Salisbury, SP2 9GP
- Sold Dec 2023£512,000 | 4 Bed House14, Melchester Road, Salisbury, SP2 9GN14, Melchester Road, Salisbury, SP2 9GN
- Sold Jun 2022£489,995 | 4 Bed House2, Melchester Road, Salisbury, SP2 9GN2, Melchester Road, Salisbury, SP2 9GN
Schools Nearby
- St. Peter's CE Primary Academy300 m away
- Woodlands Primary School1.3 km away
- Stratford-sub-Castle Church of England Voluntary Controlled Primary School1.7 km away
- Sarum Academy800 m away
- South Wilts Grammar School3.1 km away
- Bishop Wordsworth's Church of England Grammar School4.3 km away
More reading links
Public Transport Nearby
The closest station to SP2 9GP is Salisbury station, which is 3.4 kilometres away.
- Salisbury|3.4 km away
- Dean (Wilts)|15.3 km away
- Tisbury|17.2 km away
- Grateley|17.4 km away