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House Prices in SP5 House Prices in SP5 (Salisbury)

The average house price in SP5 (Salisbury) is £602,500 using HM Land Registry data.

The average property price increased by £162,123 (35.95%) over the last 5 years and increased by £32,484 (5.08%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 42 transactions (-23.08%) relative to the previous year. The majority of house sales (44) were in the £260,000 - £384,000 range. Then came properties in the £384,000 - £508,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,456 (-3%).

In December 2024, there were 22 new estate agency instructions, 19 agreed home sales and 8 property price reductions.

Nearby Postcodes: BA12, BH11, BH16, BH17, BH18, BH20, BH21, BH22, BH24, BH31, DT10, DT11, DT2, RG17, RG20, RG28, SN10, SN8, SN9, SO16, SO20, SO21, SO40, SO42, SO43, SO51, SO52, SO53, SP1, SP10, SP11, SP2, SP3, SP4, SP6, SP7, SP8, SP9

5-Year Average Property Prices in SP5 (Salisbury)

35.95%

Property prices in SP5 (Salisbury) increased by 35.95% 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 SP5 (Salisbury) Over the Last Year

5.08%

Property prices in SP5 (Salisbury) increased by 5.08% 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 SP5 (Salisbury) - December 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 SP5 (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 SP5 (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 SP5 (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 SP5 (Salisbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SP5 postcode area since 1995.

Recent Sales in SP5 (Salisbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
48 Moot Gardens, Downton, Salisbury, Wiltshire, SP5 3LF£525,000£510,000-£15,00011 Mar 202415 Nov 2024249 Days
Beech Cottage, Church Street, Bowerchalke, Salisbury, Wiltshire, SP5 5AY£750,000£740,000-£10,00022 Feb 202407 Nov 2024259 Days
116 Firs Road, Firsdown, Salisbury, Wiltshire, SP5 1SP£600,000£600,000£005 Apr 202418 Oct 2024196 Days
8 Stone Close, Winterslow, Salisbury, Wiltshire, SP5 1TN£475,000£475,000£002 Nov 202303 Oct 2024336 Days
7 Whitlock Rise, Bishopstone, Salisbury, Wiltshire, SP5 4AG£260,000£255,000-£5,00029 May 202401 Oct 2024125 Days
6 The Sidings, Downton, Salisbury, Wiltshire, SP5 3QZ£285,000£280,000-£5,00018 Dec 202306 Sep 2024263 Days
The Break, Southampton Road, Whaddon, Salisbury, Wiltshire, SP5 3EB£325,000£325,000£013 May 202428 Aug 2024107 Days
Hollybank, Petersfinger Road, Salisbury, Wiltshire, SP5 3BY£790,000£740,000-£50,00015 Jan 202408 Aug 2024206 Days
14 Juniper Road, Firsdown, Salisbury, Wiltshire, SP5 1SS£390,000£385,000-£5,00023 Apr 202422 Jul 202490 Days
Willow Cottage, Church Hill, Lover, Salisbury, Wiltshire, SP5 2PL£585,000£585,000£017 May 202419 Jul 202463 Days
3 Appletree Close, Redlynch, Salisbury, Wiltshire, SP5 2JG£450,000£440,000-£10,00005 Jan 202417 Jun 2024164 Days
Hillside, Bowers Hill, Redlynch, Salisbury, Wiltshire, SP5 2HD£725,000£600,000-£125,00029 May 201407 Jun 20243662 Days
19 Stone Close, Winterslow, Salisbury, Wiltshire, SP5 1TN£425,000£425,000£027 Dec 202307 May 2024132 Days
46 Saxon Leas, Winterslow, Salisbury, Wiltshire, SP5 1RW£185,000£172,000-£13,00003 May 202403 May 20240 Days
Hideaway, Andover Road, Lopcombe, Salisbury, Wiltshire, SP5 1BU£447,500£435,000-£12,50021 Nov 202301 May 2024162 Days
Newcourt Lodge, Nunton Drove, Nunton, Salisbury, Wiltshire, SP5 4HZ£950,000£855,000-£95,00004 Oct 202329 Apr 2024208 Days
The Old Vicarage, Homington Road, Coombe Bissett, Salisbury, Wiltshire, SP5 4LR£850,000£800,000-£50,00006 Feb 202424 Apr 202478 Days
58 Firs Road, Firsdown, Salisbury, Wiltshire, SP5 1SW£685,000£675,000-£10,00004 Jan 202412 Apr 202499 Days
9 Castle Woods, Redlynch, Salisbury, Wiltshire, SP5 2PY£850,000£830,000-£20,00027 Oct 202328 Mar 2024153 Days
Harverden, Besomer Drove, Lover, Salisbury, Wiltshire, SP5 2PN£425,000£415,000-£10,00013 Dec 202322 Mar 2024100 Days

Most Expensive Streets in SP5 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP5 2RNDean Lane, WhiteparishSalisbury£2,135,0003
SP5 5PSTollard RoyalSalisbury£1,606,2504
SP5 3DJShute End, AlderburySalisbury£1,328,0003
SP5 2AZNew Road, LandfordSalisbury£1,216,0005
SP5 3RTEast GrimsteadSalisbury£1,130,8336
SP5 1RLWeston Lane, WinterslowSalisbury£1,005,0004
SP5 2SLThe Street, WhiteparishSalisbury£982,5003
SP5 5AQGreen Lane, AshmoreSalisbury£957,6005
SP5 2EWStock Lane, LandfordSalisbury£956,2504
SP5 5BJCosters Lane, BowerchalkeSalisbury£933,2403

Least Expensive Streets in SP5 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP5 3TQWindwhistle Way, AlderburySalisbury£169,1878
SP5 3THAvon Drive, AlderburySalisbury£186,0005
SP5 3TEPriory Close, AlderburySalisbury£203,9833
SP5 3EYHughendon Manor, PetersfingerSalisbury£207,0836
SP5 3TAAvon Drive, AlderburySalisbury£211,75010
SP5 3NXBarnaby Close, DowntonSalisbury£221,0007
SP5 4AGWhitlock Rise, BishopstoneSalisbury£249,3754
SP5 3HHThe Headlands, DowntonSalisbury£254,3333
SP5 3SPThe Sandringhams, WhaddonSalisbury£256,6666
SP5 3LUThe Borough, DowntonSalisbury£258,9005

Explore SP5 (Salisbury) using map

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