Flat 1, Merchant House 21
Flat 1, Merchant House 21
Description & Estimates
Flat 1, Merchant House 21, Salisbury appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 866 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, Merchant House 21, Salisbury is £289,502 and its rental estimate is £1,155 per month, given the available information and assuming reasonable condition.
Merchant House, Oatmeal Row is a residential building on Oatmeal Row, Salisbury, SP1 and falls within the SP1 postal district.
Our Data Sources
Flat 1, Merchant House 21, Salisbury has a single entry in the Land Registry from April 2015 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 1 out of 5 and is considered of low 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 Flat 1, Merchant House 21, Salisbury, we estimate a market value of £303,978 and a rental value of £1,213 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £269,237 and £1,074 per month respectively.
Recent Market Change
Over the last year, Flat 1, Merchant House 21, Salisbury has seen its estimated sale value fall by £8,266 (2.9%) and its estimated rental value move up by £42 per month (3.6%). This results in an estimated gross rental yield of 4.8%.
Sold Prices
The most recent sale of Flat 1, Merchant House 21, Salisbury completed on 27th April 2015 at £295,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.5% over the period since April 2015.
- Sold Apr 2015£295,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Merchant House 21, Salisbury have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2025, was Flat 14, St. Edmunds Gate 49-61, St. Edmunds Church Street, Salisbury, SP1 1FD, a leasehold flat which sold for £309,500.
Read more about house prices in SP1.
- Sold Oct 2025£309,500 | 2 Bed FlatFlat 14, St. Edmunds Gate 49-61, St. Edmunds Church Street, Salisbury, SP1 1FDFlat 14, St. Edmunds Gate 49-61, St. Edmunds Church Street, Salisbury, SP1 1FD
- Sold Sep 2025£225,000 | 2 Bed Flat23 Sarum Lodge, Three Swans Chequer, Salisbury, SP1 1AL23 Sarum Lodge, Three Swans Chequer, Salisbury, SP1 1AL
- Sold Jan 2025£310,000 | 2 Bed FlatFlat 2, St. Edmunds Gate 49-61, St. Edmunds Church Street, Salisbury, SP1 1FDFlat 2, St. Edmunds Gate 49-61, St. Edmunds Church Street, Salisbury, SP1 1FD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Oatmeal Row, Salisbury, SP1, Flat 1, Merchant House 21, Salisbury comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the SP1 district.
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Schools Nearby
- 700mSt Osmund's Catholic Primary School, Salisbury
- 900mSt Martin's CofE Primary School
- 1.1kmSalisbury, Manor Fields Primary School
- 400mBishop Wordsworth's Church of England Grammar School
- 1.2kmSouth Wilts Grammar School
- 2.1kmWyvern St Edmund's Academy
More reading links
Public Transport Nearby
From Flat 1, Merchant House 21, Salisbury, the nearest station is Salisbury, 700 metres away.
- 700mSalisbury
- 11.7kmDean (Wilts)
- 16.6kmGrateley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
