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House Prices in SP3 House Prices in SP3 (Salisbury)

The average house price in SP3 (Salisbury) is £450,511 using HM Land Registry data.

The average property price increased by £122,694 (34.35%) over the last 5 years and increased by £24,584 (4.91%) over the last 12 months.

Over the last year, there were 109 residential property sales – a decrease of 23 transactions (-21.10%) relative to the previous year. The majority of house sales (33) were in the £364,000 - £498,000 range. Then came properties in the £230,000 - £364,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 154 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,887 (-3%).

In Dec 24, there were 5 new estate agency instructions, 9 agreed home sales and 3 property price reductions.

Nearby Postcodes: BA10, BA11, BA12, BA13, BA14, BA9, BH21, DT10, DT11, SN10, SN11, SN12, SN15, SN3, SN38, SN4, SN8, SN9, SN99, SO20, SO43, SO51, SP1, SP11, SP2, SP4, SP5, SP6, SP7, SP8, SP9

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.

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 SP3 (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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
White Lodge, Salisbury Road, Shrewton, Salisbury, Wiltshire, SP3 4HZ£550,000£500,000-£50,00023 Apr 202408 Nov 2024199 Days
Lanes End, Hindon Road, Dinton, Salisbury, Wiltshire, SP3 5EG£585,000£570,000-£15,00004 Jul 202404 Oct 202492 Days
20 Trinity Road, Shrewton, Salisbury, Wiltshire, SP3 4DG£279,950£275,000-£4,95008 Mar 202411 Sep 2024187 Days
Millstone, Chapel Lane, Shrewton, Salisbury, Wiltshire, SP3 4BX£560,000£530,000-£30,00014 Feb 202415 Aug 2024183 Days
20 Churchill Estate, Tisbury, Salisbury, Wiltshire, SP3 6HT£350,000£347,500-£2,50017 Feb 202408 Aug 2024173 Days
41 Queens Road, Tisbury, Salisbury, Wiltshire, SP3 6JW£235,000£225,000-£10,00019 Apr 202405 Aug 2024108 Days
Shenandoah, Tanners Lane, Shrewton, Salisbury, Wiltshire, SP3 4JT£330,000£315,000-£15,00012 Feb 202402 Aug 2024172 Days
16 Meadway, Shrewton, Salisbury, Wiltshire, SP3 4HE£465,000£465,000£0002 Apr 202427 Jun 202486 Days
Parsons Paddock, Salisbury Road, Chilmark, Salisbury, Wiltshire, SP3 5AH£625,000£610,000-£15,00012 Jan 202421 Jun 2024161 Days
3 Marvins Close, Tilshead, Salisbury, Wiltshire, SP3 4SL£250,000£235,000-£15,00006 Mar 202420 Jun 2024106 Days
Karrick House, Tanners Lane, Shrewton, Salisbury, Wiltshire, SP3 4JT£1,150,000£1,085,000-£65,00004 Jan 202414 Jun 2024162 Days
Bizarre, Salisbury Road, Shrewton, Salisbury, Wiltshire, SP3 4EE£325,000£308,500-£16,50014 Sep 202307 Jun 2024267 Days
Robins Rest, Wylye Road, Hanging Langford, Salisbury, Wiltshire, SP3 4NN£625,000£600,000-£25,00004 Jan 202417 May 2024134 Days
Tanglewood, Monmouth Road, Tisbury, Salisbury, Wiltshire, SP3 6NL£550,000£510,000-£40,00001 Feb 202411 Apr 202470 Days
Garbally, Elston, Shrewton, Salisbury, Wiltshire, SP3 4HQ£330,000£318,000-£12,00026 Dec 202327 Mar 202492 Days
Hillside, Chapel Lane, Shrewton, Salisbury, Wiltshire, SP3 4BX£550,000£530,000-£20,00005 Oct 202329 Feb 2024147 Days
Long Ash, High Street, Ansty, Salisbury, Wiltshire, SP3 5QD£875,000£855,000-£20,00005 Sep 202316 Feb 2024164 Days
Melbury, Hindon Lane, Tisbury, Salisbury, Wiltshire, SP3 6QQ£425,000£395,000-£30,00014 Sep 202309 Feb 2024148 Days
16 Springfield Park, Tisbury, Salisbury, Wiltshire, SP3 6QN£425,000£420,000-£5,00030 Aug 202323 Jan 2024146 Days
Rosewalk, Upper Backway, Shrewton, Salisbury, Wiltshire, SP3 4DE£220,000£219,500-£50029 Sep 202312 Jan 2024105 Days

Most Expensive Streets in SP3 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP3 5AJCow Drove, ChilmarkSalisbury£1,518,0005
SP3 4NWWylye Road, Hanging LangfordSalisbury£1,050,0003
SP3 4LPOver Street, StaplefordSalisbury£915,0003
SP3 4SWChurch Street, Winterbourne StokeSalisbury£900,1005
SP3 5QPThe Street, TeffontSalisbury£872,0005
SP3 6QXWardour Court, TisburySalisbury£811,2504
SP3 6BSUnderhill, East KnoyleSalisbury£788,9365
SP3 4TLBerwick St JamesSalisbury£783,8333
SP3 5AHSalisbury Road, ChilmarkSalisbury£738,0003
SP3 5NLSutton MandevilleSalisbury£731,6663

Least Expensive Streets in SP3 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP3 4AXSt Martins Close, Barford St MartinSalisbury£166,7504
SP3 4DHLondon Road, ShrewtonSalisbury£198,0003
SP3 5EEPembroke Fields, DintonSalisbury£202,6666
SP3 6FDThe Crown, Church Street, TisburySalisbury£207,1663
SP3 4LDThe Butts, ShrewtonSalisbury£211,6663
SP3 4FAOld School Mews, ShrewtonSalisbury£217,2147
SP3 6PPCastle Mount, TisburySalisbury£230,0004
SP3 5DYSpracklands, DintonSalisbury£238,3336
SP3 6HAHigh Street, TisburySalisbury£242,5004
SP3 6HJWeaveland Road, TisburySalisbury£245,5004

Explore SP3 (Salisbury) using map

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