According to the public record, Lower House, Salisbury is a modern freehold house with 3,100 ft2 of internal area and sits on a 1,871 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Street, Whiteparish, Salisbury, SP5 is located within the SP5 postal district.
Lower House, Salisbury has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated July 2021.
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 Lower House Salisbury as £1,340,062 and the rental value as £3,227 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of Lower House Salisbury has decreased by £15,509 (1.2%) and its rental value has increased by £42 per month (1.3%).
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 Lower House, Salisbury is in very good condition we estimate a sale value of £1,407,065 and rental value of £3,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,246,258 and a rental value of £3,001 per month.
If you were able to purchase this property for the estimated value of £1,340,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,586 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, Lower House, Salisbury sits on a plot of 1871m2.
We have plot size data on 5 out of 9 other houses in the postcode and Lower House, Salisbury sits on the 2nd largest plot.
According to HM Land Registry, Lower House, Salisbury was last sold on 07 Dec 2021 for £1,625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower House, Salisbury within a radius of 5.0 kilometres over the last 2 years.
The most recent example is Dean Lodge, Miles Lane, Salisbury, SP5 2QU, a Freehold house which sold for £1,550,000 in Jun 2022.
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, Lower House, Salisbury is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £803k more expensive than the average property in SP5.
Lower House, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Lower House, 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 Lower House, 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 Lower House, 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 Lower House, 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 Lower 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 Lower House, 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.