SP1 1BG is a residential postcode situated on Chipper Lane, Salisbury, SP1 with 14 addresses.
It ranks as the 280th largest and 249th most expensive of the 602 postcodes in the SP1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 14 flats.
SP1 1BG is a residential postcode situated on Chipper Lane, Salisbury, SP1 with 14 addresses.
It ranks as the 280th largest and 249th most expensive of the 602 postcodes in the SP1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £168,701 for 2 bedroom leasehold flats (796 ft2) to £399,820 for 3 bedroom leasehold flats (1,453 ft2) .
Monthly rental prices range from £918 pcm for 2 bed flats to £1,559 pcm for 3 bed flats.
The gross rental yield is between 4.7% and 6.5%.
The average value per square foot is £339.
The last sale in SP1 1BG sold for £305,000 on 12th February 2025. Since then prices are down an average of 4.4%.
The current average value in the postcode is £285,552.
The SP1 1BG Sales Market has increased by 6.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.9% | £285,552 |
| April 2025 | -0.6% | £297,238 |
| April 2024 | -1.4% | £298,907 |
| April 2023 | 0.8% | £303,092 |
| April 2022 | 5.5% | £300,670 |
| April 2021 | 0.4% | £284,998 |
| April 2020 | 2.4% | £283,782 |
| April 2019 | 0% | £277,046 |
| April 2018 | -1.1% | £277,032 |
| April 2017 | 4.2% | £280,031 |
| April 2016 | 4.6% | £268,856 |
| April 2015 | 4.3% | £257,021 |
| April 2014 | 11.3% | £246,504 |
| April 2013 | 0.3% | £221,457 |
| April 2012 | -1.7% | £220,734 |
| April 2011 | -1.5% | £224,598 |
| April 2010 | 6.1% | £228,029 |
| April 2009 | -11.8% | £214,982 |
| April 2008 | -1.2% | £243,714 |
| April 2007 | 0% | £246,694 |
The current average rental value in the postcode is £1,179.
The SP1 1BG Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,179pcm |
| April 2025 | 6.5% | £1,147pcm |
| April 2024 | 8.3% | £1,077pcm |
| April 2023 | 5.2% | £995pcm |
| April 2022 | 3.8% | £946pcm |
| April 2021 | 1.7% | £911pcm |
| April 2020 | 3.3% | £896pcm |
| April 2019 | -0.8% | £867pcm |
| April 2018 | -0.8% | £874pcm |
| April 2017 | -0.6% | £882pcm |
| April 2016 | 1.5% | £887pcm |
| April 2015 | 2.8% | £874pcm |
| April 2014 | 2.5% | £851pcm |
| April 2013 | -0.1% | £829pcm |
| April 2012 | 1.7% | £830pcm |
| April 2011 | -0.6% | £816pcm |
| April 2010 | 0.7% | £821pcm |
| April 2009 | -3.5% | £815pcm |
| April 2008 | 2.7% | £845pcm |
| April 2007 | 0% | £823pcm |
The last sale was on 12th February 2025 for £305,000 and since then the market in the area has decreased by 4.4%. The postcode has had a total of 17 sales since 1995.
SP1 1BG has seen 12 sales in the last three years and no sales in the last twelve months.
SP1 1BG is the 280th largest and the 249th most expensive postcode out of the 602 postcodes in the SP1 area.
Be the first Estate
Agent here!
The closest station to SP1 1BG is Salisbury station which is 800 metres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around SP1 1BG, 43.8% of property is privately owned outright and 41.8% is privately rented.
The graph below shows how this compares to South West 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 SP1 1BG, 6.5% of residents are recorded as possessing school level qualifications and 49.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SP1 1BG, the average age was 44.9 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 SP1 1BG, 2.1% 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 SP1 1BG, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.