According to the public record, Flat 6, Orchard House, Salisbury is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Orchard House, Grays Orchard, Durrington, Salisbury, SP4.
Grays Orchard, Durrington, Salisbury, SP4 is located within the SP4 postal district.
Flat 6, Orchard House, Salisbury has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated December 2022.
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 good condition, we estimate the current sale value for Flat 6 Orchard House Salisbury as £177,605 and the rental value as £751 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 6 Orchard House Salisbury has increased by £3,359 (1.9%) and its rental value has increased by £35 per month (4.6%).
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 Flat 6, Orchard House, Salisbury is in very good condition we estimate a sale value of £186,486 and rental value of £788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,173 and a rental value of £698 per month.
If you were able to purchase this property for the estimated value of £177,605, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £873 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 HM Land Registry, Flat 6, Orchard House, Salisbury was last sold on 31 Mar 2023 for £182,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Orchard House, Salisbury within a radius of 880 metres over the last 2 years.
The most recent example is 9, Kingfisher Drive, Salisbury, SP4 8LJ, a Leasehold flat which sold for £150,000 in Sep 2021.
Read more about house prices in SP4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grays Orchard, Durrington, Salisbury, SP4 has a total of 14 addresses. According to our analysis of all the public data, Flat 6, Orchard House, Salisbury is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in SP4.
Flat 6, Orchard House, Salisbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 6, Orchard House, Salisbury is Grateley station which is 10.9 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 Flat 6, Orchard House, Salisbury, 49.6% of property is privately owned with a mortgage and 39.7% is privately owned outright.
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 Flat 6, Orchard House, Salisbury, 11.4% of residents are recorded as possessing school level qualifications and 21.3% 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 Flat 6, Orchard House, Salisbury, the average age was 39.3 and the most common age was 32.
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 Flat 6, Orchard House, 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 Flat 6, Orchard House, Salisbury, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.