1, Melvin Close
1, Melvin Close
Description & Estimates
Public records show 1, Melvin Close, Salisbury to be an early-century freehold house with 914 ft2 of internal area, sitting on a 415 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Melvin Close, Salisbury has an estimated sale value of £346,423 and an estimated rental value of £1,443 per month, assuming reasonable condition and based on the information available.
Melvin Close, Laverstock, Salisbury, SP1 lies within the SP1 postal district.
Our Data Sources
1, Melvin Close, Salisbury has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Melvin Close, Salisbury would be worth £363,744, with a potential rental value of £1,515 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £322,173, with a rental value of £1,342 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Melvin Close, Salisbury has fallen by £3,670 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £75 (5.2%). The property's estimated gross yield is currently 5.0%.
Plot Size
1, Melvin Close, Salisbury occupies a 415 m2 plot as recorded by HM Land Registry.
Of the 28 other houses in this postcode, 24 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
1, Melvin Close, Salisbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Melvin Close, Salisbury last changed hands on 18th July 2023, selling for £355,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.9% since July 2023.
- Sold Jul 2023£355,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of 1, Melvin Close, Salisbury across the last 2 years.
Most recently, 19, Napier Crescent, Salisbury, SP1 1PJ, a freehold house, sold at £380,000 on the 29th November 2024.
Read more about house prices in SP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Melvin Close, Salisbury as the 6th largest and the 7th most expensive of the 28 addresses on Melvin Close, Laverstock, Salisbury, SP1.
Against the SP1 postcode district average, it is £754 less expensive than the typical property.
More reading links
Schools Nearby
- 700mSt Martin's CofE Primary School
- 800mSt Andrew's Church of England Voluntary Aided Primary School, Laverstock
- 1.5kmSt Mark's CofE Junior School, Salisbury
- 1.0kmWyvern St Edmund's Academy
- 1.2kmSt Joseph's Catholic School
- 1.5kmBishop Wordsworth's Church of England Grammar School
More reading links
Public Transport Nearby
Salisbury station is the nearest stop to 1, Melvin Close, Salisbury at 2.2 kilometres away.
- 2.2kmSalisbury
- 10.3kmDean (Wilts)
- 15.4kmGrateley
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
