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House Prices in SP3

The average house price in SP3 (Salisbury) is £562,400 using HM Land Registry data.

The average property price increased by £173,462 (34.35%) over the last 5 years and increased by £34,677 (4.91%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 36 transactions (-33.64%) relative to the previous year. The majority of house sales (32) were in the £380,000 - £500,000 range. Then came properties in the £260,000 - £380,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 35 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,071 (-2%).

In June 2024, there were 23 new estate agency instructions, 16 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in SP3 (Salisbury)

34.35%

Property prices in Salisbury increased by 34.35% 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 SP3 (Salisbury) Over the Last Year

4.91%

Property prices in Salisbury increased by 4.91% 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.

Property Market Heat Gauge for SP3 (Salisbury) - June 2024

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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 SP3 (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 SP3 (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 SP3 (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 SP3 (Salisbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SP3 postcode area since 1995.

Recent Sales in SP3 (Salisbury)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Tanglewood, Monmouth Road, Tisbury, Salisbury, Wiltshire, SP3 6NL	£550,000	£510,000	-£40,000	01 Feb 2024	11 Apr 2024	70 Days
Garbally, Elston, Shrewton, Salisbury, Wiltshire, SP3 4HQ	£330,000	£318,000	-£12,000	26 Dec 2023	27 Mar 2024	92 Days
Hillside, Chapel Lane, Shrewton, Salisbury, Wiltshire, SP3 4BX	£550,000	£530,000	-£20,000	05 Oct 2023	29 Feb 2024	147 Days
16 Springfield Park, Tisbury, Salisbury, Wiltshire, SP3 6QN	£425,000	£420,000	-£5,000	30 Aug 2023	23 Jan 2024	146 Days
Rosewalk, Upper Backway, Shrewton, Salisbury, Wiltshire, SP3 4DE	£220,000	£219,500	-£500	29 Sep 2023	12 Jan 2024	105 Days
3 Lovegrove Acre, Dinton, Salisbury, Wiltshire, SP3 5DX	£825,000	£791,000	-£34,000	23 Jun 2023	04 Jan 2024	195 Days
Hawthorns, Tuckingmill, Tisbury, Salisbury, Wiltshire, SP3 6JF	£395,000	£385,000	-£10,000	27 Jul 2023	18 Dec 2023	144 Days
2 Springfield Park, Tisbury, Salisbury, Wiltshire, SP3 6QN	£425,000	£425,000	£00	04 Dec 2023	15 Dec 2023	11 Days
Dove Cottage, Salisbury Road, Shrewton, Salisbury, Wiltshire, SP3 4EQ	£500,000	£475,000	-£25,000	13 Sep 2023	15 Dec 2023	93 Days
Roseneath, Shaftesbury Road, East Knoyle, Salisbury, Wiltshire, SP3 6AR	£750,000	£725,000	-£25,000	28 Jul 2023	15 Dec 2023	140 Days
15 Lady Down View, Tisbury, Salisbury, Wiltshire, SP3 6LL	£665,000	£650,000	-£15,000	09 Jun 2023	15 Dec 2023	189 Days
9 Spracklands, Dinton, Salisbury, Wiltshire, SP3 5DY	£250,000	£247,000	-£3,000	31 Jul 2023	12 Dec 2023	134 Days
Margretts, Shaftesbury Road, East Knoyle, Salisbury, Wiltshire, SP3 6AT	£270,000	£260,000	-£10,000	10 Jul 2023	06 Dec 2023	149 Days
31 Highfield Rise, Shrewton, Salisbury, Wiltshire, SP3 4DZ	£350,000	£350,000	£00	23 Sep 2023	01 Dec 2023	69 Days
Clifton Cottage, Moor Hill, Fovant, Salisbury, Wiltshire, SP3 5LB	£695,000	£625,000	-£70,000	09 Jun 2023	10 Nov 2023	154 Days
12 Castle Mount, Tisbury, Salisbury, Wiltshire, SP3 6PP	£310,000	£310,000	£00	19 May 2023	20 Oct 2023	154 Days
The Cottage, London Road, Shrewton, Salisbury, Wiltshire, SP3 4DH	£200,000	£197,000	-£3,000	07 Jul 2023	20 Oct 2023	105 Days
4 Sling Orchard, Fovant, Salisbury, Wiltshire, SP3 5JN	£435,000	£435,000	£00	08 Dec 2022	04 Oct 2023	300 Days
Elston Lodge, Elston, Shrewton, Salisbury, Wiltshire, SP3 4HQ	£1,100,000	£1,100,000	£00	30 May 2023	29 Sep 2023	122 Days
11 Priory Close, Shrewton, Salisbury, Wiltshire, SP3 4LE	£395,000	£385,000	-£10,000	20 Apr 2023	29 Sep 2023	162 Days

Most Expensive Streets in SP3 (Salisbury)

Postcode	Street	Area	Average	No. of Sales
SP3 5AJ	Cow Drove, Chilmark	Salisbury	£1,390,000	6
SP3 4NW	Wylye Road, Hanging Langford	Salisbury	£1,050,000	3
SP3 4LP	Over Street, Stapleford	Salisbury	£915,000	3
SP3 4SW	Church Street, Winterbourne Stoke	Salisbury	£900,100	5
SP3 5QP	The Street, Teffont	Salisbury	£829,285	7
SP3 4AS	West Street, Barford St Martin	Salisbury	£825,500	4
SP3 6BS	Underhill, East Knoyle	Salisbury	£788,936	5
SP3 4TL	Berwick St James	Salisbury	£783,833	3
SP3 6QX	Wardour Court, Tisbury	Salisbury	£781,666	3
SP3 5AR	The Street, Chilmark	Salisbury	£753,333	3

Least Expensive Streets in SP3 (Salisbury)

Postcode	Street	Area	Average	No. of Sales
SP3 4DH	London Road, Shrewton	Salisbury	£198,000	3
SP3 4AX	St Martins Close, Barford St Martin	Salisbury	£199,000	3
SP3 5EE	Pembroke Fields, Dinton	Salisbury	£203,625	8
SP3 4LD	The Butts, Shrewton	Salisbury	£211,666	3
SP3 4FA	Old School Mews, Shrewton	Salisbury	£217,214	7
SP3 6PP	Castle Mount, Tisbury	Salisbury	£230,000	4
SP3 5DY	Spracklands, Dinton	Salisbury	£238,333	6
SP3 6HA	High Street, Tisbury	Salisbury	£242,500	4
SP3 6HJ	Weaveland Road, Tisbury	Salisbury	£245,500	4
SP3 4BW	The Limes, Shrewton	Salisbury	£247,642	7