According to the public record, 8, Martins Rise, Salisbury is a modern freehold house with 1,237 ft2 of internal area and sits on a 256 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Martins Rise, Whiteparish, Salisbury, SP5 is located within the SP5 postal district.
8, Martins Rise, Salisbury has 31 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated September 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 8 Martins Rise Salisbury as £629,613 and the rental value as £1,626 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 8 Martins Rise Salisbury has increased by £3,419 (0.5%) and its rental value has increased by £50 per month (3.1%).
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 8, Martins Rise, Salisbury is in very good condition we estimate a sale value of £661,094 and rental value of £1,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,541 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £629,613, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,094 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, 8, Martins Rise, Salisbury sits on a plot of 256m2.
We have plot size data on 9 out of 10 other houses in the postcode and 8, Martins Rise, Salisbury sits on the 9th largest plot.
According to HM Land Registry, 8, Martins Rise, Salisbury was last sold on 26 Nov 2021 for £440,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Martins Rise, Salisbury within a radius of 4.9 kilometres over the last 2 years.
The most recent example is 8, Croft Heights, Salisbury, SP5 2SY, a Freehold house which sold for £575,000 in May 2023.
Read more about house prices in SP5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martins Rise, Whiteparish, Salisbury, SP5 has a total of 10 addresses. According to our analysis of all the public data, 8, Martins Rise, Salisbury is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in SP5.
8, Martins Rise, Salisbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Martins Rise, Salisbury is Dean (Wilts) station which is 3.9 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 8, Martins Rise, Salisbury, 48.0% of property is privately owned outright and 36.2% 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 8, Martins Rise, Salisbury, 18.3% of residents are recorded as possessing school level qualifications and 46.8% 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 8, Martins Rise, Salisbury, the average age was 47.1 and the most common age was 57.
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 8, Martins Rise, Salisbury, 0.7% 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 8, Martins Rise, Salisbury, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.