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Melstock Road is a residential street with 5 addresses.
It ranks as the 60th largest and 237th most expensive of the 347 streets in the SP8 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Melstock Road is a residential street with 5 addresses.
It ranks as the 60th largest and 237th most expensive of the 347 streets in the SP8 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Sale prices range from £304,780 for 3 bedroom freehold houses with a garden (998 ft2) to £395,493 for 4 bedroom freehold houses with a garden (1,517 ft2) .
Monthly rental prices range from £1,210 pcm for 3 bed houses to £1,424 pcm for 4 bed houses.
The gross rental yield is between 4.3% and 4.8%.
The average value per square foot is £271.
The last sale on Melstock Road sold for £390,000 on 16th March 2022. Since then prices are down an average of 1.8%.
The current average value in the street is £370,777.
The Melstock Road Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.8% | £370,777 |
| May 2025 | 0.6% | £381,426 |
| May 2024 | -0.6% | £379,280 |
| May 2023 | -0.5% | £381,758 |
| May 2022 | 14.3% | £383,679 |
| May 2021 | 6.5% | £335,681 |
| May 2020 | -3% | £315,159 |
| May 2019 | 2% | £324,952 |
| May 2018 | 5.8% | £318,472 |
| May 2017 | 4.8% | £300,993 |
| May 2016 | 8.4% | £287,322 |
| May 2015 | 3.6% | £264,940 |
| May 2014 | 5.4% | £255,799 |
| May 2013 | 0.3% | £242,742 |
| May 2012 | -1.8% | £242,012 |
| May 2011 | -0.7% | £246,327 |
| May 2010 | 10.3% | £248,076 |
| May 2009 | -7.6% | £224,906 |
| May 2008 | -3.9% | £243,515 |
| May 2007 | 0% | £253,409 |
The current average rental value in the street is £1,373.
The Melstock Road Rental Market has increased by 61.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £1,373pcm |
| May 2025 | 5.7% | £1,332pcm |
| May 2024 | 4.9% | £1,259pcm |
| May 2023 | 7.4% | £1,200pcm |
| May 2022 | 9.4% | £1,117pcm |
| May 2021 | 9.3% | £1,021pcm |
| May 2020 | 1.8% | £935pcm |
| May 2019 | 1.3% | £918pcm |
| May 2018 | 2.1% | £906pcm |
| May 2017 | 4.7% | £888pcm |
| May 2016 | 4.7% | £848pcm |
| May 2015 | 1.9% | £810pcm |
| May 2014 | 1.9% | £795pcm |
| May 2013 | -0.1% | £780pcm |
| May 2012 | 0.9% | £781pcm |
| May 2011 | 1.3% | £774pcm |
| May 2010 | 4.7% | £764pcm |
| May 2009 | -6.7% | £730pcm |
| May 2008 | 4.5% | £783pcm |
| May 2007 | 0% | £749pcm |
The last sale was on 16th March 2022 for £390,000 and since then the market in the area has decreased by 1.8%. The street has had a total of 12 sales since 1995.
Melstock Road, Gillingham, SP8 has seen no sales in the last three years and no sales in the last twelve months.
Melstock Road, Gillingham, SP8 is the 60th largest and the 237th most expensive street in the SP8 area.
There is 1 postcode on Melstock Road, Gillingham, SP8.
The closest station to Melstock Road, Gillingham, SP8 is Gillingham (Dorset) station which is 1.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Melstock Road, Gillingham, SP8, 33.5% of property is privately owned outright and 33.5% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Melstock Road, Gillingham, SP8, 18.6% of residents are recorded as possessing school level qualifications and 33.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Melstock Road, Gillingham, SP8, the average age was 46.6 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Melstock Road, Gillingham, SP8, 0.5% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Melstock Road, Gillingham, SP8, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.