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House Prices in SP5

The average house price in SP5 (Salisbury) is £349,357 using HM Land Registry data.

The average property price increased by £199,819 (35.95%) over the last 5 years and increased by £40,037 (5.08%) over the last 12 months.

Over the last year, there were 169 residential property sales – a decrease of 55 transactions (-32.54%) relative to the previous year. The majority of house sales (39) were in the £270,000 - £392,000 range. Then came properties in the £514,000 - £636,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,997 (-3%).

In Oct 24, there were 28 new estate agency instructions, 39 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in SP5 (Salisbury)

35.95%

Property prices in 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 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.

Property Market Heat Gauge for SP5 (Salisbury) - Oct 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Hollybank, Petersfinger Road, Salisbury, Wiltshire, SP5 3BY	£790,000	£740,000	-£50,000	15 Jan 2024	08 Aug 2024	206 Days
14 Juniper Road, Firsdown, Salisbury, Wiltshire, SP5 1SS	£390,000	£385,000	-£5,000	23 Apr 2024	22 Jul 2024	90 Days
Willow Cottage, Church Hill, Lover, Salisbury, Wiltshire, SP5 2PL	£585,000	£585,000	£00	17 May 2024	19 Jul 2024	63 Days
3 Appletree Close, Redlynch, Salisbury, Wiltshire, SP5 2JG	£450,000	£440,000	-£10,000	05 Jan 2024	17 Jun 2024	164 Days
Hillside, Bowers Hill, Redlynch, Salisbury, Wiltshire, SP5 2HD	£725,000	£600,000	-£125,000	29 May 2014	07 Jun 2024	3662 Days
19 Stone Close, Winterslow, Salisbury, Wiltshire, SP5 1TN	£425,000	£425,000	£00	27 Dec 2023	07 May 2024	132 Days
46 Saxon Leas, Winterslow, Salisbury, Wiltshire, SP5 1RW	£185,000	£172,000	-£13,000	03 May 2024	03 May 2024	0 Days
Hideaway, Andover Road, Lopcombe, Salisbury, Wiltshire, SP5 1BU	£447,500	£435,000	-£12,500	21 Nov 2023	01 May 2024	162 Days
Newcourt Lodge, Nunton Drove, Nunton, Salisbury, Wiltshire, SP5 4HZ	£950,000	£855,000	-£95,000	04 Oct 2023	29 Apr 2024	208 Days
The Old Vicarage, Homington Road, Coombe Bissett, Salisbury, Wiltshire, SP5 4LR	£850,000	£800,000	-£50,000	06 Feb 2024	24 Apr 2024	78 Days
58 Firs Road, Firsdown, Salisbury, Wiltshire, SP5 1SW	£685,000	£675,000	-£10,000	04 Jan 2024	12 Apr 2024	99 Days
9 Castle Woods, Redlynch, Salisbury, Wiltshire, SP5 2PY	£850,000	£830,000	-£20,000	27 Oct 2023	28 Mar 2024	153 Days
Harverden, Besomer Drove, Lover, Salisbury, Wiltshire, SP5 2PN	£425,000	£415,000	-£10,000	13 Dec 2023	22 Mar 2024	100 Days
25 Elmfield Close, Woodfalls, Salisbury, Wiltshire, SP5 2BF	£335,000	£335,000	£00	03 Nov 2023	19 Mar 2024	137 Days
90 Saxon Leas, Winterslow, Salisbury, Wiltshire, SP5 1RW	£380,000	£366,500	-£13,500	05 Jun 2023	14 Mar 2024	283 Days
41 Highlands Way, Whiteparish, Salisbury, Wiltshire, SP5 2SZ	£475,000	£475,000	£00	28 Oct 2022	06 Mar 2024	495 Days
19 Oakwood Grove, Alderbury, Salisbury, Wiltshire, SP5 3BN	£450,000	£440,000	-£10,000	02 Nov 2023	01 Mar 2024	120 Days
25 Downlands Close, Downton, Salisbury, Wiltshire, SP5 3LH	£310,000	£295,000	-£15,000	31 Aug 2023	23 Feb 2024	176 Days
Flat 9, Horseshoe Court, The Borough, Downton, Salisbury, Wiltshire, SP5 3LX	£145,000	£145,000	£00	17 Nov 2023	21 Feb 2024	96 Days
Sunnybank, Church Street, Bowerchalke, Salisbury, Wiltshire, SP5 5BE	£799,950	£799,950	£00	02 Jun 2023	21 Feb 2024	264 Days

Most Expensive Streets in SP5 (Salisbury)

Postcode	Street	Area	Average	No. of Sales
SP5 2RN	Dean Lane, Whiteparish	Salisbury	£2,135,000	3
SP5 5PS	Tollard Royal	Salisbury	£1,606,250	4
SP5 3DJ	Shute End, Alderbury	Salisbury	£1,328,000	3
SP5 2AZ	New Road, Landford	Salisbury	£1,216,000	5
SP5 3RT	East Grimstead	Salisbury	£1,130,833	6
SP5 1RL	Weston Lane, Winterslow	Salisbury	£1,005,000	4
SP5 2SL	The Street, Whiteparish	Salisbury	£982,500	3
SP5 2EW	Stock Lane, Landford	Salisbury	£956,250	4
SP5 5BJ	Costers Lane, Bowerchalke	Salisbury	£933,240	3
SP5 4LP	Rockbourne Road, Coombe Bissett	Salisbury	£905,000	4

Least Expensive Streets in SP5 (Salisbury)

Postcode	Street	Area	Average	No. of Sales
SP5 3TQ	Windwhistle Way, Alderbury	Salisbury	£169,187	8
SP5 3TH	Avon Drive, Alderbury	Salisbury	£186,000	5
SP5 3TE	Priory Close, Alderbury	Salisbury	£203,983	3
SP5 3TA	Avon Drive, Alderbury	Salisbury	£205,833	9
SP5 3EY	Hughendon Manor, Petersfinger	Salisbury	£206,785	7
SP5 3BE	Spiders Island, Alderbury	Salisbury	£206,833	3
SP5 3NX	Barnaby Close, Downton	Salisbury	£221,000	7
SP5 4AG	Whitlock Rise, Bishopstone	Salisbury	£247,500	3
SP5 3SP	The Sandringhams, Whaddon	Salisbury	£251,571	7
SP5 3HH	The Headlands, Downton	Salisbury	£254,333	3