2 Melchester Close

    2, MELCHESTER CLOSE, GILLINGHAM, SP8 4FB

    This terraced freehold property on Melchester Close last sold in February 2020 for £175,000. Based on price growth in the SP8 district since then, its estimated current value is £195,315 — placing it in the 23rd percentile nationally and the 14th percentile within SP8. The property covers 60 m² (646 sq ft), giving an estimated value of £3,255 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £175,000

    Feb 2020

    Estimated Valuation

    £195,315

    Est. £/sq ft

    £302/sq ft

    £3,255/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Feb 2020

    £175,000

    28 Aug 2003

    £125,000

    22 Dec 2000

    New build

    £73,000

    Key Metrics

    Estimated valuation£195,315
    Value per sq ft / m²£302/sq ft (£3,255/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SP8 district percentile14th percentile
    National percentile23rd percentile

    District Context — SP8

    SP8 covers Shaftesbury and surrounding villages in southwest Dorset, positioned between the Blackmore Vale and Cranborne Chase. It is a characterful rural and semi-rural area with strong community identity and steady residential appeal.

    Average Property Price - SP8

    £314,729

    47

    National percentile

    Average Net Household Income - SP8

    £38,673

    52

    National percentile

    10-Year Annualised Price Growth - SP8

    3.3%

    39

    National percentile

    10-Year Annualised Rent Growth - SP

    3.6%

    32

    National percentile

    View full analysis for SP8

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