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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Melchester Road, Salisbury is a modern freehold house with 1,603 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Melchester Road, Salisbury is £455,311 and the estimated rental value is £1,717 per month.
Melchester Road, Salisbury, SP2 is located within the SP2 postal district.
2, Melchester Road, Salisbury has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Melchester Road, Salisbury is in very good condition we estimate a sale value of £478,076 and a rental value of £1,803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,439 and a rental value of £1,597 per month.
Over the last 12 months the sale value of 2 Melchester Road Salisbury has decreased by an estimated £7,652 (1.7%) and its rental value has increased by an estimated £52 per month (3.0%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Melchester Road, Salisbury sits on a plot of 363m2.
We have plot size data on 28 out of 50 other houses in the postcode and 2, Melchester Road, Salisbury sits on the 5th largest plot.
2, Melchester Road, Salisbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Melchester Road, Salisbury was last sold on 9th June 2022 for £489,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Melchester Road, Salisbury within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 5, Melchester Road, Salisbury, SP2 9GP, a freehold house which sold for £485,000 on the 16th December 2024.
Read more about house prices in SP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melchester Road, Salisbury, SP2 has a total of 86 addresses. According to our analysis of all the public data, 2, Melchester Road, Salisbury is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in SP2.
The closest station to 2, Melchester Road, Salisbury is Salisbury station which is 3.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Melchester Road, Salisbury, % of property is and % is .
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 2, Melchester Road, Salisbury, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Melchester Road, Salisbury, 0.0% 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 2, Melchester Road, Salisbury, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
