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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Park Lane, Salisbury is a period leasehold apartment with 1,103 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Park Lane, Salisbury is £389,707 and the estimated rental value is £1,532 per month.
Park Lane, Salisbury, SP1 is located within the SP1 postal district.
12, Park Lane, Salisbury has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated February 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 12, Park Lane, Salisbury is in very good condition we estimate a sale value of £409,192 and a rental value of £1,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,427 and a rental value of £1,425 per month.
Over the last 12 months the sale value of 12 Park Lane Salisbury has decreased by an estimated £15,566 (4.0%) and its rental value has increased by an estimated £35 per month (2.3%), giving an expected gross yield of 4.7%.
12, Park Lane, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Park Lane, Salisbury was last sold on 29th January 2014 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2014, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Park Lane, Salisbury within a radius of 720 metres over the last 2 years.
The most recent example is 56, Park Lane, Salisbury, SP1 3NP, a leasehold flat which sold for £485,000 on the 31st May 2024.
Read more about house prices in SP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Salisbury, SP1 has a total of 47 addresses. According to our analysis of all the public data, 12, Park Lane, Salisbury is the 19th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in SP1.
The closest station to 12, Park Lane, Salisbury is Salisbury station which is 1.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 12, Park Lane, Salisbury, 37.0% of property is privately owned outright and 34.5% is socially 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 12, Park Lane, Salisbury, 20.2% of residents are recorded as possessing school level qualifications and 28.0% 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 12, Park Lane, Salisbury, the average age was 46.4 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 12, Park Lane, 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 12, Park Lane, Salisbury, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
