Flat 2, 40
Flat 2, 40
Description & Estimates
The public record describes Flat 2, 40, Milford Street, Salisbury as a period apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 40, Milford Street, Salisbury has an estimated sale value of £114,791 and an estimated rental value of £667 per month, assuming reasonable condition and based on the information available.
The apartment sits within 40, Milford Street, Salisbury, SP1.
Milford Street, Salisbury, SP1 lies within the SP1 postal district.
Our Data Sources
Flat 2, 40, Milford Street, Salisbury has no records in the the Land Registry and a single entry in the EPC database dated October 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 40, Milford Street, Salisbury would be worth £120,530, with a potential rental value of £700 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £106,755, with a rental value of £620 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 Flat 2, 40, Milford Street, Salisbury has declined by £3,933 (3.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £19 (2.9%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 2, 40, Milford Street, Salisbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2015.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 2, 40, Milford Street, Salisbury across the last 2 years.
Most recently, Flat 3, 65, Milford Street, Salisbury, SP1 2BP, a leasehold flat, sold at £135,000 on the 26th April 2024.
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 Flat 2, 40, Milford Street, Salisbury as the 38th largest and the 38th most expensive of the 40 addresses on Milford Street, Salisbury, SP1.
Against the SP1 postcode district average, it is £232k less expensive than the typical property.
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Schools Nearby
- 500mSt Martin's CofE Primary School
- 700mSt Osmund's Catholic Primary School, Salisbury
- 1.4kmSt Mark's CofE Junior School, Salisbury
- 400mBishop Wordsworth's Church of England Grammar School
- 1.4kmSouth Wilts Grammar School
- 1.8kmWyvern St Edmund's Academy
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Public Transport Nearby
Salisbury station is the nearest stop to Flat 2, 40, Milford Street, Salisbury at 1.1 kilometres away.
- 1.1kmSalisbury
- 11.3kmDean (Wilts)
- 16.4kmGrateley
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
