Detached 2 sales on record

4 MELCHESTER ROAD

SALISBURY, WILTSHIRE, SP2 9GN

£395,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Whatley Way 0.2 miles
Shop Pinewood Stores 0.8 miles
Train station Salisbury 2.2 miles
Hospital Salisbury District Hospital 4.1 miles

Property details

Tenure

Freehold

Property type

Detached

Bedrooms

4

Bathrooms

3

Last sold

£395,000 Apr 2026

Local average

£481,747 (33 sales)

Street crime

55 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 17/04/2026 £395,000 Detached +5.3% £395,000 to April 2026 View transaction
Sold 11/03/2022 £374,995 Detached £394,185 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
1 ADLAM WAY, SALISBURY, WILTSHIRE, SP2 9FA £421,000 09/01/2026 Detached
14 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN £512,000 15/12/2023 Detached
20 ALFORD RISE, SALISBURY, WILTSHIRE, SP2 9FH £367,500 24/08/2023 Detached
90 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN £449,995 30/06/2023 Detached
11 ALFORD RISE, SALISBURY, WILTSHIRE, SP2 9FH £344,000 09/06/2023 Detached
88 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN £449,995 28/04/2023 Detached
86 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN £329,995 28/04/2023 Detached
125 ADLAM WAY, SALISBURY, WILTSHIRE, SP2 9FA £390,000 23/12/2022 Detached
59 ADLAM WAY, SALISBURY, WILTSHIRE, SP2 9FA £359,995 22/12/2022 Detached
57 ADLAM WAY, SALISBURY, WILTSHIRE, SP2 9FA £369,995 21/12/2022 Detached
68 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN £314,995 20/12/2022 Detached
49 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GP £314,995 15/12/2022 Detached
1 LONGSPEE LANE, SALISBURY, WILTSHIRE, SP2 9GA £344,995 30/11/2022 Detached
43 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GP £364,995 30/11/2022 Detached
127 ADLAM WAY, SALISBURY, WILTSHIRE, SP2 9FA £394,995 28/11/2022 Detached
113 ADLAM WAY, SALISBURY, WILTSHIRE, SP2 9FA £389,995 25/11/2022 Detached
10 SPICER CLOSE, SALISBURY, WILTSHIRE, SP2 9FG £445,000 25/11/2022 Detached
62 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN £360,000 04/11/2022 Detached
60 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN £399,995 01/11/2022 Detached
41 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GP £402,995 28/10/2022 Detached

Area average: £386,372 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -30.8%
10y growth 0%

House Price Index (HM Land Registry — official index, not sold-price averages): Wiltshire. Series: Detached. As of April 2026.

1y (index) 0.8%
5y (index) 15.5%
10y (index) 30.8%

Rental Range

Estimated market rent for Wiltshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £962/mo
Realistic £1,069/mo
Optimistic £1,176/mo

Based on Local Authority from postcode lookup → Wiltshire.

LHA (30th percentile) floor for Salisbury: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Semi-Detached House, Lapham Vale, SP2 £1,500/mo 3 0.12 miles OpenRent
3 Bed Semi-Detached House, Ivie Place, SP2 £1,495/mo 3 0.14 miles OpenRent
3 Bed Detached House, Dove Place, SP2 £1,550/mo 3 0.17 miles OpenRent
3 Bed Semi-Detached House, Golding Mews, SP2 £1,500/mo 3 0.18 miles OpenRent
3 Bed Terraced House, Edgam Place, SP2 £1,400/mo 3 1.16 miles OpenRent

Average rent: £1,489/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.38%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 4.6%
Cost-to-rent ratio 21.9×
Monthly cashflow £-231/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -2.4%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 32
Anti-social behaviour 8
Public order 5
Criminal damage and arson 3
Burglary 1
Drugs 1
Other crime 1
Other theft 1
Possession of weapons 1
Shoplifting 1
Vehicle crime 1
Total incidents 55

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St. Peter's CE Primary Academy Primary 0.2 miles Good — 15 Jan 2023
Sarum Academy Secondary 0.6 miles Good — 9 Nov 2017
Woodlands Primary School Primary 0.9 miles Good — 27 Jun 2023
Stratford-sub-Castle Church of England Voluntary Controlled Primary School Primary 1.1 miles Good — 25 Apr 2024
Pembroke Park Primary School Primary 1.2 miles Good — 18 Jan 2024

FENSA

No FENSA certificates found for this address.