According to the public record, Red Oaks, Salisbury is a modern freehold house with 2,109 ft2 of internal area and sits on a 610 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
South Lane, Nomansland, Salisbury, SP5 is located within the SP5 postal district.
Red Oaks, Salisbury has 2 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated August 2013.
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 Red Oaks Salisbury as £1,016,674 and the rental value as £2,448 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of Red Oaks Salisbury has decreased by £9,083 (0.9%) and its rental value has increased by £35 per month (1.4%).
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 Red Oaks, Salisbury is in very good condition we estimate a sale value of £1,067,508 and rental value of £2,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £945,507 and a rental value of £2,277 per month.
If you were able to purchase this property for the estimated value of £1,016,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,997 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, Red Oaks, Salisbury sits on a plot of 610m2.
We have plot size data on 15 out of 28 other houses in the postcode and Red Oaks, Salisbury sits on the 12th largest plot.
According to HM Land Registry, Red Oaks, Salisbury was last sold on 02 Aug 2019 for £725,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Red Oaks, Salisbury within a radius of 4.8 kilometres over the last 2 years.
The most recent example is Boundary Oak, North Lane, Salisbury, SP5 2BU, a Freehold house which sold for £795,000 in Jun 2024.
Read more about house prices in SP5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Lane, Nomansland, Salisbury, SP5 has a total of 28 addresses. According to our analysis of all the public data, Red Oaks, Salisbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £480k more expensive than the average property in SP5.
Red Oaks, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Red Oaks, Salisbury is Dean (Wilts) station which is 9.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Red Oaks, Salisbury, 51.3% of property is privately owned outright and 38.5% 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 Red Oaks, Salisbury, 20.6% of residents are recorded as possessing school level qualifications and 54.2% 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 Red Oaks, Salisbury, the average age was 47.4 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 Red Oaks, Salisbury, 1.0% 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 Red Oaks, Salisbury, there are an average of 2.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.