3 Melchester Close

    3, MELCHESTER CLOSE, GILLINGHAM, SP8 4FB

    This terraced freehold property on Melchester Close last sold in January 2025 for £180,000. Based on price growth in the SP8 district since then, its estimated current value is £180,000 — placing it in the 19th percentile nationally and the 12th percentile within SP8. The property covers 52 m² (560 sq ft), giving an estimated value of £3,462 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £180,000

    Jan 2025

    Estimated Valuation

    £180,000

    Est. £/sq ft

    £322/sq ft

    £3,462/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jan 2025

    £180,000

    16 Feb 2001

    New build

    £73,000

    Key Metrics

    Estimated valuation£180,000
    Value per sq ft / m²£322/sq ft (£3,462/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SP8 district percentile12th percentile
    National percentile19th 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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