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House Prices in SP1 House Prices in SP1 (Salisbury)

The average house price in SP1 (Salisbury) is £301,699 using HM Land Registry data.

The average property price increased by £31,115 (11.81%) over the last 5 years and increased by £6,234 (1.97%) over the last 12 months.

Over the last year, there were 256 residential property sales – a decrease of 84 transactions (-32.81%) relative to the previous year. The majority of house sales (59) were in the £242,000 - £314,000 range. Then came properties in the £314,000 - £386,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 137 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,235 (-2%).

In Dec 24, there were 27 new estate agency instructions, 24 agreed home sales and 8 property price reductions.

Nearby Postcodes: BH21, DT11, RG17, RG20, RG28, SN8, SN9, SO20, SO21, SO43, SO51, SP10, SP11, SP2, SP3, SP4, SP5, SP6, SP7, SP9

5-Year Average Property Prices in SP1 (Salisbury)

11.81%

Property prices in Salisbury increased by 11.81% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SP1 (Salisbury) Over the Last Year

1.97%

Property prices in Salisbury increased by 1.97% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SP1 (Salisbury) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SP1 (Salisbury)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SP1 (Salisbury)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SP1 (Salisbury)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SP1 (Salisbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SP1 postcode area since 1995.

Recent Sales in SP1 (Salisbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Silverwood Drive, Laverstock, Salisbury, Wiltshire, SP1 1SH£450,000£435,000-£15,00004 Sep 202418 Nov 202475 Days
16 Ash Crescent, Bishopdown, Salisbury, Wiltshire, SP1 3GY£575,000£575,000£0028 Jun 202408 Nov 2024133 Days
30 Hill Road, Laverstock, Salisbury, Wiltshire, SP1 1RW£365,000£365,000£0025 Jul 202408 Nov 2024106 Days
4 Fairview Road, Salisbury, Wiltshire, SP1 1JX£225,000£215,000-£10,00007 Jun 202401 Nov 2024147 Days
63 Wain A Long Road, Salisbury, Wiltshire, SP1 1LW£550,000£550,000£0020 Jul 202431 Oct 2024103 Days
101 St Marks Avenue, Salisbury, Wiltshire, SP1 3DW£769,950£750,000-£19,95025 Jul 202430 Oct 202497 Days
17 Whitebridge Road, Laverstock, Salisbury, Wiltshire, SP1 1QA£275,000£260,000-£15,00026 Jul 202424 Oct 202490 Days
9 St Davids Close, Bishopdown, Salisbury, Wiltshire, SP1 3FH£515,000£510,000-£5,00010 May 202418 Oct 2024161 Days
74 Balmoral Road, Salisbury, Wiltshire, SP1 3PZ£380,000£380,000£0016 Apr 202417 Oct 2024184 Days
35 Hilltop Way, Salisbury, Wiltshire, SP1 3QY£440,000£435,000-£5,00031 Jul 202416 Oct 202477 Days
39 Greencroft Street, Salisbury, Wiltshire, SP1 1JF£250,000£247,500-£2,50023 Oct 202311 Oct 2024354 Days
42 Greencroft Street, Salisbury, Wiltshire, SP1 1JE£285,000£285,000£0009 May 202411 Oct 2024155 Days
113 London Road, Salisbury, Wiltshire, SP1 3HA£650,000£650,000£0004 Jun 202411 Oct 2024129 Days
14 Three Cuppes Lane, Salisbury, Wiltshire, SP1 1ER£195,000£190,000-£5,00019 Jun 202430 Sep 2024103 Days
48 Pilgrims Way, Laverstock, Salisbury, Wiltshire, SP1 1RZ£260,000£260,000£0009 May 202414 Aug 202497 Days
27 Pennyfarthing Street, Salisbury, Wiltshire, SP1 1HJ£300,000£295,000-£5,00008 May 202413 Aug 202497 Days
21 Barrington Road, Salisbury, Wiltshire, SP1 3JD£240,000£227,000-£13,00025 Apr 202409 Aug 2024106 Days
44 Archers Court, Salisbury, Wiltshire, SP1 3WE£149,000£115,000-£34,00016 Dec 201508 Aug 20243158 Days
1 Avon Place, Salisbury, Wiltshire, SP1 2ET£265,000£265,000£0011 Mar 202429 Jul 2024140 Days
60 Bedwin Street, Salisbury, Wiltshire, SP1 3UW£925,000£900,000-£25,00023 Feb 202415 Jul 2024143 Days

Most Expensive Streets in SP1 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP1 3LGStratford Road, Stratford Sub CastleSalisbury£955,2005
SP1 3RPCastle RoadSalisbury£805,0003
SP1 3DWSt Marks AvenueSalisbury£777,5004
SP1 2QWHowarth ParkSalisbury£752,72711
SP1 1QJLaverstock Park, LaverstockSalisbury£712,7147
SP1 3XZWolferstan Drive, BishopdownSalisbury£690,0003
SP1 2RFGlenside GardensSalisbury£679,3333
SP1 2FHMilford House, Howarth ParkSalisbury£618,7504
SP1 3DADonaldson RoadSalisbury£615,4005
SP1 3LQStratford Road, Stratford Sub CastleSalisbury£606,0876

Least Expensive Streets in SP1 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP1 3LXStratford RoadSalisbury£85,58511
SP1 2FDSarum Gardens, Eyres WaySalisbury£105,8333
SP1 3EYThe BramblesSalisbury£131,5905
SP1 3EZThe BramblesSalisbury£143,9874
SP1 3WEArchers CourtSalisbury£153,39123
SP1 1JNElm Court, Elm Grove RoadSalisbury£154,4287
SP1 2JHThe BeechesSalisbury£158,8336
SP1 3HGGlencourt, Glenmore RoadSalisbury£160,0003
SP1 3ASEstcourt RoadSalisbury£161,9005
SP1 3DEGlover Close, BishopdownSalisbury£162,3333

Explore SP1 (Salisbury) using map

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