According to the public record, Elgin, Salisbury is a period freehold house with 785 ft2 of internal area and sits on a 85.4 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
The Street, Whiteparish, Salisbury, SP5 is located within the SP5 postal district.
Elgin, Salisbury has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated July 2019.
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 Elgin Salisbury as £368,305 and the rental value as £1,395 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Elgin Salisbury has increased by £7,123 (1.9%) and its rental value has increased by £63 per month (4.5%).
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 Elgin, Salisbury is in very good condition we estimate a sale value of £386,720 and rental value of £1,465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,523 and a rental value of £1,298 per month.
If you were able to purchase this property for the estimated value of £368,305, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,810 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, Elgin, Salisbury sits on a plot of 85m2.
We have plot size data on 26 out of 39 other houses in the postcode and Elgin, Salisbury sits on the 25th largest plot.
According to HM Land Registry, Elgin, Salisbury was last sold on 30 May 2022 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Elgin, Salisbury within a radius of 5.1 kilometres over the last 2 years.
The most recent example is Sixpence, The Street, Salisbury, SP5 2SG, a Freehold house which sold for £290,500 in Jun 2021.
Read more about house prices in SP5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Street, Whiteparish, Salisbury, SP5 has a total of 51 addresses. According to our analysis of all the public data, Elgin, Salisbury is the 42nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in SP5.
Elgin, Salisbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jul 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to Elgin, Salisbury is Dean (Wilts) station which is 3.7 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 Elgin, 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 Elgin, 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 Elgin, 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 Elgin, 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 Elgin, 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.