According to the public record, Flat 7, Latchmere Lodge 12, Salisbury is a modern apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Latchmere Lodge, Bulford Road, Durrington, Salisbury, SP4.
Bulford Road, Durrington, Salisbury, SP4 is located within the SP4 postal district.
Flat 7, Latchmere Lodge 12, Salisbury has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2020.
We combine this information with public data 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 Flat 7 Latchmere Lodge 12 Salisbury as £126,488 and the rental value as £662 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 7 Latchmere Lodge 12 Salisbury has increased by £2,392 (1.9%) and its rental value has increased by £31 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 7, Latchmere Lodge 12, Salisbury is in very good condition we estimate a sale value of £132,812 and rental value of £695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,633 and a rental value of £616 per month.
If you were able to purchase this property for the estimated value of £126,488, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £622 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 7, Latchmere Lodge 12, Salisbury was last sold on 06 Mar 2000 for £45,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Latchmere Lodge 12, Salisbury within a radius of 950 metres over the last 2 years.
The most recent example is 171, Avondown Road, Salisbury, SP4 8JE, a Leasehold flat which sold for £140,000 in Jun 2022.
Read more about house prices in SP4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bulford Road, Durrington, Salisbury, SP4 has a total of 213 addresses. According to our analysis of all the public data, Flat 7, Latchmere Lodge 12, Salisbury is the 187th largest and the 204th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in SP4.
Flat 7, Latchmere Lodge 12, Salisbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 7, Latchmere Lodge 12, Salisbury is Grateley station which is 10.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Latchmere Lodge 12, Salisbury, 31.5% of property is privately rented and 29.9% 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 7, Latchmere Lodge 12, Salisbury, 11.9% of residents are recorded as possessing school level qualifications and 24.4% 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 7, Latchmere Lodge 12, 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 7, Latchmere Lodge 12, Salisbury, 0.8% 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 7, Latchmere Lodge 12, 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.