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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Old Mill Close, Salisbury is a modern freehold house with 1,969 ft2 of internal area.
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 3, Old Mill Close, Salisbury is £548,449 and the estimated rental value is £2,025 per month.
Old Mill Close, East Knoyle, Salisbury, SP3 is located within the SP3 postal district.
3, Old Mill Close, Salisbury has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated October 2022.
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.
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 3, Old Mill Close, Salisbury is in very good condition we estimate a sale value of £575,871 and a rental value of £2,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,057 and a rental value of £1,883 per month.
Over the last 12 months the sale value of 3 Old Mill Close Salisbury has decreased by an estimated £12,227 (2.2%) and its rental value has increased by an estimated £44 per month (2.2%), giving an expected gross yield of 4.4%.
3, Old Mill Close, Salisbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 3, Old Mill Close, Salisbury was last sold on 15th June 2023 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Old Mill Close, Salisbury within a radius of 5.7 kilometres over the last 2 years.
The most recent example is Beacon Hill House, Leigh Lane, Salisbury, SP3 6AP, a freehold house which sold for £587,500 on the 7th August 2020.
Read more about house prices in SP3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Close, East Knoyle, Salisbury, SP3 has a total of 4 addresses. According to our analysis of all the public data, 3, Old Mill Close, Salisbury is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in SP3.
The closest station to 3, Old Mill Close, Salisbury is Tisbury station which is 6.5 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 3, Old Mill Close, Salisbury, 60.0% of property is privately owned outright and 22.5% 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 3, Old Mill Close, Salisbury, 12.0% of residents are recorded as possessing school level qualifications and 36.9% 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 3, Old Mill Close, Salisbury, the average age was 49.8 and the most common age was 72.
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 3, Old Mill Close, Salisbury, 0.6% 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 3, Old Mill Close, Salisbury, 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.
