House Prices in SP2 House Prices in SP2 (Salisbury)

The average house price in SP2 (Salisbury) is £380,586 using HM Land Registry data.

The average property price increased by £66,376 (15.09%) over the last 5 years and increased by £13,300 (2.46%) over the last 12 months.

Over the last year, there were 316 residential property sales – a decrease of 150 transactions (-47.47%) relative to the previous year. The majority of house sales (78) were in the £234,000 - £308,000 range. Then came properties in the £160,000 - £234,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,326 (-1%).

In Oct 24, there were 68 new estate agency instructions, 53 agreed home sales and 45 property price reductions.

5-Year Average Property Prices in SP2 (Salisbury)

15.09%

Property prices in Salisbury increased by 15.09% 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 SP2 (Salisbury) Over the Last Year

2.46%

Property prices in Salisbury increased by 2.46% 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 SP2 (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 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 SP2 (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 SP2 (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 SP2 (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 SP2 (Salisbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SP2 postcode area since 1995.

Recent Sales in SP2 (Salisbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 6, Augustine Court, Spire View, Salisbury, Wiltshire, SP2 7GA£217,000£210,000-£7,00017 Apr 202421 Aug 2024126 Days
34 Upper Street, Salisbury, Wiltshire, SP2 8LY£750,000£735,000-£15,00022 May 202416 Aug 202486 Days
73b, Wilton Road, Salisbury, Wiltshire, SP2 7ER£205,000£200,000-£5,00001 May 202415 Aug 2024106 Days
45 Melchester Road, Salisbury, Wiltshire, SP2 9GP£295,000£292,500-£2,50015 Apr 202409 Aug 2024116 Days
40 Pembroke Road, Salisbury, Wiltshire, SP2 9DG£430,000£415,000-£15,00013 Feb 202405 Aug 2024174 Days
88 Wilton Road, Salisbury, Wiltshire, SP2 7JJ£300,000£300,000£0007 Mar 202431 Jul 2024146 Days
120 Britford Lane, Salisbury, Wiltshire, SP2 8AL£525,000£517,500-£7,50022 Mar 202430 Jul 2024130 Days
22 Jubilee Close, Salisbury, Wiltshire, SP2 9HF£320,000£320,000£0031 Jan 202426 Jul 2024177 Days
2 Sassoon Close, Salisbury, Wiltshire, SP2 9LR£575,000£550,000-£25,00017 May 202424 Jul 202468 Days
5 Dews Road, Salisbury, Wiltshire, SP2 7SN£267,500£255,000-£12,50004 Mar 202422 Jul 2024140 Days
20 Ayleswade Road, Harnham, Salisbury, Wiltshire, SP2 8DR£580,000£570,000-£10,00013 Mar 202415 Jul 2024124 Days
4 Temperance Cottages, Quidhampton, Salisbury, Wiltshire, SP2 9AZ£285,000£280,000-£5,00004 Dec 202309 Jul 2024218 Days
84 Bouverie Avenue, Salisbury, Wiltshire, SP2 8DX£525,000£508,000-£17,00018 Oct 202308 Jul 2024264 Days
40 Sidney Street, Salisbury, Wiltshire, SP2 7AJ£235,000£225,000-£10,00005 Mar 202405 Jul 2024122 Days
1 St Clements Mews, Salisbury, Wiltshire, SP2 7TT£290,000£262,500-£27,50006 Sep 202303 Jul 2024301 Days
6b, Rawlence Road, Salisbury, Wiltshire, SP2 9DU£185,000£182,500-£2,50005 Feb 202402 Jul 2024148 Days
56 Bouverie Avenue, Salisbury, Wiltshire, SP2 8DX£425,000£425,000£0004 Mar 202428 Jun 2024116 Days
8 Albany Terrace, Wilton, Salisbury, Wiltshire, SP2 0HF£254,750£247,500-£7,25024 Jan 202424 Jun 2024152 Days
18 The Hollows, Wilton, Salisbury, Wiltshire, SP2 0JD£575,000£555,000-£20,00022 Aug 202324 Jun 2024307 Days
Flat 20, Bartholomew Court, Spire View, Salisbury, Wiltshire, SP2 7GB£190,000£190,000£0019 Mar 202421 Jun 202494 Days

Most Expensive Streets in SP2 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP2 8JHWatersmeet RoadSalisbury£1,348,3333
SP2 8DEOld Blandford Road, HarnhamSalisbury£1,200,0003
SP2 8EABouverie Avenue SouthSalisbury£952,8128
SP2 7TGFisherton IslandSalisbury£866,6663
SP2 0EJBurcombe Lane, BurcombeSalisbury£772,7003
SP2 8DBHarnwood RoadSalisbury£767,2005
SP2 0RROak Ash Green, WiltonSalisbury£737,1663
SP2 9NNHadrians CloseSalisbury£727,8333
SP2 7RZMill RoadSalisbury£662,8336
SP2 7TWCathedral ViewsSalisbury£646,80010

Least Expensive Streets in SP2 (Salisbury)

PostcodeStreetAreaAverageNo. of Sales
SP2 7HSHome Sarum House, Wilton RoadSalisbury£67,45812
SP2 0FBKingsway House, Warminster RoadSalisbury£93,6254
SP2 7NFSpring Court, Windsor RoadSalisbury£98,1666
SP2 7ARRailway Court, Windsor RoadSalisbury£127,5004
SP2 8ERHawksridgeSalisbury£136,3333
SP2 0DGWest Street, WiltonSalisbury£141,58817
SP2 9HAGlyndebourne CloseSalisbury£150,6254
SP2 8NNWellworthy Court, Halfpenny RoadSalisbury£155,8333
SP2 8LGHollows Close, HarnhamSalisbury£158,3754
SP2 0EYRandalls Croft Road, WiltonSalisbury£162,3333

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