SP1 2HB is a residential postcode situated on Friary Lane, Salisbury, SP1 with 12 addresses.
It ranks as the 245th largest and 36th most expensive of the 602 postcodes in the SP1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
SP1 2HB is a residential postcode situated on Friary Lane, Salisbury, SP1 with 12 addresses.
It ranks as the 245th largest and 36th most expensive of the 602 postcodes in the SP1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £148,358 for 2 bedroom leasehold flats (602 ft2) to £175,833 for 2 bedroom leasehold flats (881 ft2) .
Monthly rental prices range from £844 pcm for 2 bed flats to £897 pcm for 2 bed flats.
The gross rental yield is between 6.1% and 6.8%.
The average value per square foot is £242.
The last sale in SP1 2HB sold for £167,500 on 6th January 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £155,433.
The SP1 2HB Sales Market has increased by 8.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £155,433 |
| April 2025 | -0.1% | £160,531 |
| April 2024 | -1.9% | £160,684 |
| April 2023 | 1% | £163,735 |
| April 2022 | 5.8% | £162,140 |
| April 2021 | 1.3% | £153,303 |
| April 2020 | 3.1% | £151,283 |
| April 2019 | -0.6% | £146,742 |
| April 2018 | -1.1% | £147,615 |
| April 2017 | 4.6% | £149,207 |
| April 2016 | 4.7% | £142,687 |
| April 2015 | 3.6% | £136,341 |
| April 2014 | 10.5% | £131,622 |
| April 2013 | -0.2% | £119,141 |
| April 2012 | -2.5% | £119,355 |
| April 2011 | -1.1% | £122,428 |
| April 2010 | 2.9% | £123,772 |
| April 2009 | -11.9% | £120,326 |
| April 2008 | -0.3% | £136,560 |
| April 2007 | 0% | £136,937 |
The current average rental value in the postcode is £860.
The SP1 2HB Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £860pcm |
| April 2025 | 6.8% | £831pcm |
| April 2024 | 7.7% | £778pcm |
| April 2023 | 5.1% | £723pcm |
| April 2022 | 4.1% | £688pcm |
| April 2021 | 2.5% | £660pcm |
| April 2020 | 4.2% | £645pcm |
| April 2019 | -1.4% | £619pcm |
| April 2018 | -0.9% | £628pcm |
| April 2017 | -0.1% | £633pcm |
| April 2016 | 1.6% | £634pcm |
| April 2015 | 2.2% | £624pcm |
| April 2014 | 2% | £611pcm |
| April 2013 | -0.4% | £599pcm |
| April 2012 | 0.8% | £602pcm |
| April 2011 | -0.2% | £597pcm |
| April 2010 | -2.4% | £599pcm |
| April 2009 | -3.6% | £614pcm |
| April 2008 | 3.5% | £636pcm |
| April 2007 | 0% | £615pcm |
The last sale was on 6th January 2025 for £167,500 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 24 sales since 1995.
SP1 2HB has seen 4 sales in the last three years and no sales in the last twelve months.
SP1 2HB is the 245th largest and the 36th most expensive postcode out of the 602 postcodes in the SP1 area.
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The closest station to SP1 2HB is Salisbury station which is 1.1 kilometres away.
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