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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Melrose Cottage, Salisbury is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,612 ft2 of internal area and sits on a 1,510 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Melrose Cottage, Salisbury is £662,594 and the estimated rental value is £2,114 per month.
Lower Road, Quidhampton, Salisbury, SP2 is located within the SP2 postal district.
Melrose Cottage, Salisbury has 2 entries in the Land Registry , most recently in September 2018 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 4 out of 5 and is considered of high 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 Melrose Cottage, Salisbury is in very good condition we estimate a sale value of £695,724 and a rental value of £2,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,213 and a rental value of £1,966 per month.
Over the last 12 months the sale value of Melrose Cottage Salisbury has decreased by an estimated £3,096 (0.5%) and its rental value has increased by an estimated £71 per month (3.4%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, Melrose Cottage, Salisbury sits on a plot of 1510m2.
We have plot size data on 10 out of 14 other houses in the postcode and Melrose Cottage, Salisbury sits on the 2nd largest plot.
According to HM Land Registry, Melrose Cottage, Salisbury was last sold on 21st September 2018 for £625,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2018, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melrose Cottage, Salisbury within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Purbeck, Lower Road, Salisbury, SP2 9AT, a freehold house which sold for £600,000 on the 22nd June 2021.
Read more about house prices in SP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Road, Quidhampton, Salisbury, SP2 has a total of 178 addresses. According to our analysis of all the public data, Melrose Cottage, Salisbury is the 41st largest and the 27th most expensive property on the street.
When compared to the postcode district it is £347k more expensive than the average property in SP2.
The closest station to Melrose Cottage, Salisbury is Salisbury station which is 2.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Melrose Cottage, Salisbury, 39.0% of property is privately owned outright and 35.2% 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 Melrose Cottage, Salisbury, 14.1% of residents are recorded as possessing school level qualifications and 43.3% 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 Melrose Cottage, Salisbury, the average age was 47 and the most common age was 57.
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 Melrose Cottage, Salisbury, 2.0% 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 Melrose Cottage, Salisbury, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
