According to the public record, 5, Oak Lane, Salisbury is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 528 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oak Lane, Figheldean, Salisbury, SP4 is located within the SP4 postal district.
5, Oak Lane, Salisbury has 2 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Oak Lane Salisbury as £386,731 and the rental value as £1,498 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 5 Oak Lane Salisbury has increased by £1,782 (0.5%) and its rental value has increased by £49 per month (3.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Oak Lane, Salisbury is in very good condition we estimate a sale value of £406,068 and rental value of £1,572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,660 and a rental value of £1,393 per month.
If you were able to purchase this property for the estimated value of £386,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,901 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 5, Oak Lane, Salisbury sits on a plot of 528m2.
We have plot size data on 15 out of 27 other houses in the postcode and 5, Oak Lane, Salisbury sits on the 7th largest plot.
According to HM Land Registry, 5, Oak Lane, Salisbury was last sold on 16 Oct 2015 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2015, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oak Lane, Salisbury within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 2, Oak Lane, Salisbury, SP4 8JS, a Freehold house which sold for £425,000 in Apr 2023.
Read more about house prices in SP4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Lane, Figheldean, Salisbury, SP4 has a total of 27 addresses. According to our analysis of all the public data, 5, Oak Lane, Salisbury is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in SP4.
5, Oak Lane, Salisbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 5, Oak Lane, Salisbury is Grateley station which is 12.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Oak Lane, Salisbury, 60.6% of property is privately rented and 17.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Oak Lane, Salisbury, 30.4% of residents are recorded as possessing school level qualifications and 26.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Oak Lane, Salisbury, the average age was 32.1 and the most common age was 27.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Oak Lane, Salisbury, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Oak Lane, Salisbury, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.