3, MALVERN CLOSE, MELKSHAM, SN12 7RR - £45,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MALVERN CLOSE is a terraced house, which could now be worth an estimated £225,917. It was last sold for £45,000 in March 1997, which was around 14% below the average March 1997 terraced price in the Wiltshire local authority area.

3 MALVERN CLOSE Sold Prices

Land registry data shows one sale for 3 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1997 21 MAR	£45,000	£52,438	14% below HPI

What might 3 MALVERN CLOSE be worth now?

3 MALVERN CLOSE might now be worth an estimated £225,917.

This is based on house price inflation of 402%, between March 1997 and May 2026, for terraced houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 402% inflationary increase is applied to the most recent sale price for 3 MALVERN CLOSE of £45,000 on 21st March 1997. For the value to have increased from £45,000 to £225,917 over the 28 years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 MALVERN CLOSE has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The March 1997 sale price of £45,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MALVERN CLOSE has not materially changed since March 1997.

Where is 3 MALVERN CLOSE?

3 MALVERN CLOSE is located in MELKSHAM, in the SN12 postcode district.