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House Prices in SP1

The average house price in SP1 (Salisbury) is £361,317 using HM Land Registry data.

The average property price increased by £27,130 (11.81%) over the last 5 years and increased by £5,436 (1.97%) over the last 12 months.

Over the last year, there were 225 residential property sales – a decrease of 124 transactions (-55.11%) relative to the previous year. The majority of house sales (51) were in the £236,000 - £312,000 range. Then came properties in the £312,000 - £388,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 107 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,624 (-2%).

In Oct 24, there were 61 new estate agency instructions, 77 agreed home sales and 22 property price reductions.

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.

Property Market Heat Gauge for SP1 (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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
48 Pilgrims Way, Laverstock, Salisbury, Wiltshire, SP1 1RZ	£260,000	£260,000	£00	09 May 2024	14 Aug 2024	97 Days
27 Pennyfarthing Street, Salisbury, Wiltshire, SP1 1HJ	£300,000	£295,000	-£5,000	08 May 2024	13 Aug 2024	97 Days
21 Barrington Road, Salisbury, Wiltshire, SP1 3JD	£240,000	£227,000	-£13,000	25 Apr 2024	09 Aug 2024	106 Days
44 Archers Court, Salisbury, Wiltshire, SP1 3WE	£149,000	£115,000	-£34,000	16 Dec 2015	08 Aug 2024	3158 Days
1 Avon Place, Salisbury, Wiltshire, SP1 2ET	£265,000	£265,000	£00	11 Mar 2024	29 Jul 2024	140 Days
60 Bedwin Street, Salisbury, Wiltshire, SP1 3UW	£925,000	£900,000	-£25,000	23 Feb 2024	15 Jul 2024	143 Days
20a, Winchester Street, Salisbury, Wiltshire, SP1 1HG	£200,000	£193,000	-£7,000	20 Dec 2023	12 Jul 2024	205 Days
41 St Marks Road, Salisbury, Wiltshire, SP1 3AY	£525,000	£515,000	-£10,000	13 Dec 2023	12 Jul 2024	212 Days
109 Church Road, Laverstock, Salisbury, Wiltshire, SP1 1RB	£385,000	£377,000	-£8,000	14 Jan 2024	10 Jul 2024	178 Days
2 Stockwood Close, Salisbury, Wiltshire, SP1 3HE	£325,000	£321,000	-£4,000	19 Mar 2024	05 Jul 2024	108 Days
48 Rollestone Street, Salisbury, Wiltshire, SP1 1ED	£225,000	£210,000	-£15,000	23 Nov 2023	03 Jul 2024	223 Days
92 St Marks Road, Salisbury, Wiltshire, SP1 3AZ	£295,000	£290,000	-£5,000	21 Feb 2024	28 Jun 2024	128 Days
26 St Ann Place, Salisbury, Wiltshire, SP1 2SU	£179,950	£170,000	-£9,950	01 Jul 2019	18 Jun 2024	1814 Days
10 Denison Rise, Salisbury, Wiltshire, SP1 3EW	£235,000	£232,500	-£2,500	01 Jan 2024	14 Jun 2024	165 Days
3 Victoria Road, Salisbury, Wiltshire, SP1 3NF	£850,000	£825,000	-£25,000	27 Dec 2023	05 Jun 2024	161 Days
7 The Oakbournes, Bishopdown, Salisbury, Wiltshire, SP1 3FZ	£250,000	£250,000	£00	01 Dec 2023	31 May 2024	182 Days
6 Becket Way, Laverstock, Salisbury, Wiltshire, SP1 1PZ	£475,000	£465,000	-£10,000	26 Dec 2023	29 May 2024	155 Days
2 The Meadows, Salisbury, Wiltshire, SP1 2SS	£650,000	£635,000	-£15,000	09 Feb 2024	24 May 2024	105 Days
104 Tollgate Road, Salisbury, Wiltshire, SP1 2JW	£295,000	£295,000	£00	26 Jan 2024	24 May 2024	119 Days
76 Hilltop Way, Salisbury, Wiltshire, SP1 3QQ	£435,000	£425,000	-£10,000	11 Oct 2023	24 May 2024	226 Days

Most Expensive Streets in SP1 (Salisbury)

Postcode	Street	Area	Average	No. of Sales
SP1 3RP	Castle Road	Salisbury	£805,000	3
SP1 3LG	Stratford Road, Stratford Sub Castle	Salisbury	£781,500	4
SP1 3DW	St Marks Avenue	Salisbury	£777,500	4
SP1 2QW	Howarth Park	Salisbury	£752,727	11
SP1 1QJ	Laverstock Park, Laverstock	Salisbury	£712,714	7
SP1 3XZ	Wolferstan Drive, Bishopdown	Salisbury	£690,000	3
SP1 3DA	Donaldson Road	Salisbury	£637,333	3
SP1 3UH	Endless Street	Salisbury	£628,884	13
SP1 2FH	Milford House, Howarth Park	Salisbury	£618,750	4
SP1 3LQ	Stratford Road, Stratford Sub Castle	Salisbury	£606,087	6

Least Expensive Streets in SP1 (Salisbury)

Postcode	Street	Area	Average	No. of Sales
SP1 3LX	Stratford Road	Salisbury	£85,768	11
SP1 2FD	Sarum Gardens, Eyres Way	Salisbury	£105,833	3
SP1 3JR	Chatham Close	Salisbury	£119,250	4
SP1 3EY	The Brambles	Salisbury	£131,590	5
SP1 3EZ	The Brambles	Salisbury	£143,987	4
SP1 3WE	Archers Court	Salisbury	£154,391	23
SP1 1JN	Elm Court, Elm Grove Road	Salisbury	£154,428	7
SP1 2JH	The Beeches	Salisbury	£158,833	6
SP1 3HG	Glencourt, Glenmore Road	Salisbury	£160,000	3
SP1 3AS	Estcourt Road	Salisbury	£161,900	5