25, Melvin Close
25, Melvin Close
Description & Estimates
The public record lists 25, Melvin Close, Salisbury as a freehold house sitting on a 410 m2 plot.
Comparison with its neighbours suggests an early-century house with 815 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
25, Melvin Close, Salisbury has an estimated sale value of £318,462 and an estimated rental value of £1,351 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
25, Melvin Close, Salisbury has a single entry in the Land Registry from July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 25, Melvin Close, Salisbury would be worth £334,385, with a potential rental value of £1,418 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £296,170, with a rental value of £1,256 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 25, Melvin Close, Salisbury has moved down by £3,374 (1.1%) over the last year. During the same period, its estimated monthly rental value has increased by £70 (5.2%). The property's estimated gross yield is currently 5.1%.
Plot Size
25, Melvin Close, Salisbury occupies a 410 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 3rd largest.
Sold Prices
25, Melvin Close, Salisbury last changed hands on 25th July 2008, selling for £200,000. 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 risen by 21.2% since July 2008.
- Sold Jul 2008£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of 25, Melvin Close, Salisbury across the last 2 years.
Most recently, 21, Mayfair Road, Salisbury, SP1 1PQ, a freehold house, sold at £300,000 on the 8th September 2023.
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
Our analysis of the public data ranks 25, Melvin Close, Salisbury as the 12th largest and the 16th most expensive of the 28 addresses on Melvin Close, Laverstock, Salisbury, SP1.
Against the SP1 postcode district average, it is £29k 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 25, 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.
