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Salisbury House Prices Salisbury House Prices

The average house price in Salisbury is £380,726 using HM Land Registry data.

The average property price increased by £52,052 (17.33%) over the last 5 years and increased by £10,404 (3.04%) over the last 12 months.

Over the last year, there were 552 residential property sales – a decrease of 341 transactions (-61.78%) relative to the previous year. The majority of house sales (163) were in the £240,000 - £320,000 range. Then came properties in the £160,000 - £240,000 range, where 102 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,260 (-1%).

In April 2024, there were 106 new estate agency instructions, 76 agreed home sales and 38 property price reductions.

Postcodes Covered: SP1, SP2, SP5

5-Year Average Property Prices in Salisbury

17.33%

Property prices in Salisbury increased by 17.33% 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 Salisbury Over the Last Year

3.04%

Property prices in Salisbury increased by 3.04% 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 Salisbury - April 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 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 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 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 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 Salisbury since 1995

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

Recent Property Sales in Salisbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Charnwood Road, Salisbury, Wiltshire, SP2 7HT£450,000£440,000-£10,00027 Jun 202307 Mar 2024254 Days
17 Potters Way, Laverstock, Salisbury, Wiltshire, SP1 1PY£475,000£470,000-£5,00007 Nov 202329 Feb 2024114 Days
91 Netherhampton Road, Salisbury, Wiltshire, SP2 8NA£395,000£377,750-£17,25001 Nov 202329 Feb 2024120 Days
8 St Lukes Close, Bishopdown, Salisbury, Wiltshire, SP1 3FD£295,000£287,500-£7,50006 Oct 202322 Feb 2024139 Days
56 Greencroft Street, Salisbury, Wiltshire, SP1 1JE£185,000£165,000-£20,00006 Oct 202320 Feb 2024137 Days
66 Devizes Road, Salisbury, Wiltshire, SP2 7LN£280,000£77,665-£202,33515 Feb 202316 Feb 2024366 Days
26 Hawksridge, Salisbury, Wiltshire, SP2 8ER£120,000£115,000-£5,00021 Apr 202307 Feb 2024292 Days
85 Rampart Road, Salisbury, Wiltshire, SP1 1HU£329,450£315,000-£14,45008 Feb 202319 Jan 2024345 Days
46 Apostle Way, Bishopdown, Salisbury, Wiltshire, SP1 3GS£550,000£525,000-£25,00026 May 202312 Jan 2024231 Days
24 India Avenue, Salisbury, Wiltshire, SP2 7HF£385,000£370,000-£15,00027 Jul 202310 Jan 2024167 Days
28 Balmoral Road, Salisbury, Wiltshire, SP1 3PX£499,950£495,000-£4,95005 Oct 202305 Jan 202492 Days
40 Heath Road, Salisbury, Wiltshire, SP2 9JX£420,000£400,000-£20,00021 Sep 202320 Dec 202390 Days
36 Ashley Road, Salisbury, Wiltshire, SP2 7BZ£240,000£225,000-£15,00008 Sep 202318 Dec 2023101 Days
11 St Marks Road, Salisbury, Wiltshire, SP1 3AY£525,000£515,000-£10,00007 Sep 202315 Dec 202399 Days
Flat 12, Joseph Court, Spire View, Salisbury, Wiltshire, SP2 7GG£200,000£187,500-£12,50003 Feb 202315 Dec 2023315 Days
91 Bingham Road, Salisbury, Wiltshire, SP1 3EB£250,000£245,000-£5,00022 Feb 202314 Dec 2023295 Days
46 Upper Street, Salisbury, Wiltshire, SP2 8LY£430,000£407,500-£22,50006 Jul 202311 Dec 2023158 Days
70 Heath Road, Salisbury, Wiltshire, SP2 9JX£325,000£310,000-£15,00026 Sep 202301 Dec 202366 Days
8 Swift Down, Salisbury, Wiltshire, SP2 8ES£185,000£180,000-£5,00009 Aug 202328 Nov 2023111 Days
54 Devizes Road, Salisbury, Wiltshire, SP2 7AD£210,000£205,000-£5,00004 Aug 202027 Nov 20231210 Days

Most Expensive Streets in Salisbury

PostcodeStreetAreaAverageNo. of Sales
SP2 8JHWatersmeet RoadSalisbury£1,348,3333
SP1 2EBThe CloseSalisbury£1,291,6005
SP2 8EABouverie Avenue SouthSalisbury£946,2506
SP1 3RPCastle RoadSalisbury£805,0003
SP1 3LGStratford RoadStratford Sub Castle£781,5004
SP1 2QWHowarth ParkSalisbury£752,72711
SP1 3DWSt Marks AvenueSalisbury£738,0005
SP2 7RZMill RoadSalisbury£720,4005
SP1 3BBFulford PlaceSalisbury£701,6224
SP2 8DBHarnwood RoadSalisbury£700,0004

Least Expensive Streets in Salisbury

PostcodeStreetAreaAverageNo. of Sales
SP2 7HSHome Sarum HouseWilton Road£67,45812
SP1 3LXStratford RoadSalisbury£91,79510
SP2 7NFSpring CourtWindsor Road£103,2229
SP1 2FDSarum GardensEyres Way£105,8333
SP1 3JRChatham CloseSalisbury£109,0005
SP2 7ARRailway CourtWindsor Road£127,5004
SP1 3EYThe BramblesSalisbury£131,5905
SP2 7SGNorth StreetSalisbury£133,3333
SP2 8LGHollows CloseSalisbury£142,7005
SP1 3EZThe BramblesSalisbury£143,9874

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