# 4 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN

## Property details

- Slug: `e04ddee` (address key hash: `e04ddeedc8291caaf0597232d4c824be86da30d8`)
- Postcode: SP2 9GN
- Transactions on record: 2

- 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)

## Latest sale

- Price: £395,000
- Date: 2026-04-17
- Type: D
- Tenure: F

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-04-17 | £395,000 | Detached | +5.3% | £395,000 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-97bb-b8d0-e063-4704a8c08d98) |
| Sold | 2022-03-11 | £374,995 | Detached | — | £394,185 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/01eb45f0-6776-40f3-e063-4704a8c05fde) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN | £395,000 | 17/04/2026 | Detached |
| 4 MELCHESTER ROAD, SALISBURY, WILTSHIRE, SP2 9GN | £374,995 | 11/03/2022 | Detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [166211852](http://87.117.209.195:8080/listings/c791be3)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £395,000 |
| listed | 2025-08-26 | £400,000 |
| sold | 2024-01-01 | £385,000 |
| sold | 2022-01-01 | £374,995 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Capital growth trend

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

- **5y growth:** -30.8%
- **10y growth:** 0%

## House Price Index (HM Land Registry)

*Official index for Wiltshire; Detached series; as of April 2026.*

- **1y growth (index):** 0.8%
- **5y growth (index):** 15.5%
- **10y growth (index):** 30.8%

## Rental Range

*ONS Price Index of Private Rents (Wiltshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £962/mo
- **Realistic:** £1,069/mo
- **Optimistic:** £1,176/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 4.6%
- **Cost-to-rent:** 21.9×
- **Monthly cashflow:** £-231/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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 |
