12, Melvin Close
12, Melvin Close
Description & Estimates
12, Melvin Close, Salisbury is recorded publicly as an early-century freehold house across 818 ft2 of internal area, sitting on a 313 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Melvin Close, Salisbury is £348,740 and its rental estimate is £1,388 per month, given the available information and assuming reasonable condition.
Melvin Close, Laverstock, Salisbury, SP1 falls within the SP1 postal district.
Our Data Sources
12, Melvin Close, Salisbury has 4 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Melvin Close, Salisbury, we estimate a market value of £366,177 and a rental value of £1,457 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £324,328 and £1,291 per month respectively.
Recent Market Change
Over the last year, 12, Melvin Close, Salisbury has seen its estimated sale value decrease by £3,695 (1.1%) and its estimated rental value grow by £72 per month (5.2%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 12, Melvin Close, Salisbury as measuring 313 m2.
That makes it the 6th largest plot in the postcode, where 24 of the 28 other houses have recorded plot data.
Energy Efficiency
12, Melvin Close, Salisbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 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
The most recent sale of 12, Melvin Close, Salisbury completed on 27th October 2023 at £360,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 20.6% over the period since October 2023.
- Sold Oct 2023£360,000
- Sold Mar 2017£289,000
- Sold May 2009£217,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Melvin Close, Salisbury have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 21, Mayfair Road, Salisbury, SP1 1PQ, a freehold house which sold for £300,000.
Read more about house prices in SP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Melvin Close, Laverstock, Salisbury, SP1, 12, Melvin Close, Salisbury comes out as the 11th largest and the 6th most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the SP1 district.
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
From 12, Melvin Close, Salisbury, the nearest station is Salisbury, 2.2 kilometres away.
- 2.2kmSalisbury
- 10.3kmDean (Wilts)
- 15.4kmGrateley
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
