Flat 3, Merchant House 21
Flat 3, Merchant House 21
Description & Estimates
The public record describes Flat 3, Merchant House 21, Salisbury as a period apartment with 1,130 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 3, Merchant House 21, Salisbury has an estimated sale value of £339,966 and an estimated rental value of £1,336 per month, assuming reasonable condition and based on the information available.
The apartment sits within Merchant House, Oatmeal Row, Salisbury, SP1.
Oatmeal Row, Salisbury, SP1 lies within the SP1 postal district.
Our Data Sources
Flat 3, Merchant House 21, Salisbury has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, Merchant House 21, Salisbury would be worth £356,964, with a potential rental value of £1,403 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £316,168, with a rental value of £1,243 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 3, Merchant House 21, Salisbury has decreased by £17,238 (5.1%) over the last year. During the same period, its estimated monthly rental value has grown by £17 (1.3%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
Flat 3, Merchant House 21, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 3, Merchant House 21, Salisbury across the last 2 years.
Most recently, 48A, Winchester Street, Salisbury, SP1 1HG, a leasehold flat, sold at £140,000 on the 31st March 2025.
Read more about house prices in SP1.
- Sold Mar 2025£140,000 | 3 Bed FlatWinchester Street48A, Winchester Street, Salisbury, SP1 1HG
- Sold Jan 2024£340,000 | 3 Bed FlatRollestone House 8-12, Rollestone StreetFlat 3, Rollestone House 8-12, Rollestone Street, Salisbury, SP1 1EA
- Sold Aug 2023£395,000 | 3 Bed FlatRollestone House 8-12, Rollestone StreetFlat 2, Rollestone House 8-12, Rollestone Street, Salisbury, SP1 1EA
•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 3, Merchant House 21, Salisbury as the largest and the most expensive of the 3 addresses on Oatmeal Row, Salisbury, SP1.
Against the SP1 postcode district average, it is £7k less expensive than the typical property.
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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
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Public Transport Nearby
Salisbury station is the nearest stop to Flat 3, Merchant House 21, Salisbury at 700 metres away.
- 700mSalisbury
- 11.7kmDean (Wilts)
- 16.6kmGrateley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
