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According to the public record, 16, Gilbert Way, Salisbury is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Gilbert Way, Salisbury is £136,056 and the estimated rental value is £802 per month.
Gilbert Way, Salisbury, SP1 is located within the SP1 postal district.
16, Gilbert Way, Salisbury has 41 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated June 2018.
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 16, Gilbert Way, Salisbury is in very good condition we estimate a sale value of £142,859 and a rental value of £842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,532 and a rental value of £746 per month.
Over the last 12 months the sale value of 16 Gilbert Way Salisbury has decreased by an estimated £5,014 (3.7%) and its rental value has increased by an estimated £24 per month (3.0%), giving an expected gross yield of 7.1%.
16, Gilbert Way, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Gilbert Way, Salisbury was last sold on 12th April 2024 for £140,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2024, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Gilbert Way, Salisbury within a radius of 760 metres over the last 2 years.
The most recent example is 35, Neville Close, Salisbury, SP1 3EH, a leasehold flat which sold for £150,000 on the 5th January 2024.
Read more about house prices in SP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 760 metres radius of 16, Gilbert Way, Salisbury over the last 2 years.
Most recently 20, Linkway, Salisbury, SP1 3EP, a freehold house let by Ashwells Estate agents in September 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gilbert Way, Salisbury, SP1 has a total of 9 addresses. According to our analysis of all the public data, 16, Gilbert Way, Salisbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in SP1.
The closest station to 16, Gilbert Way, Salisbury is Salisbury station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 16, Gilbert Way, Salisbury, 39.8% of property is socially rented and 33.1% is privately owned outright.
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 16, Gilbert Way, Salisbury, 12.3% of residents are recorded as possessing school level qualifications and 17.4% 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 16, Gilbert Way, Salisbury, the average age was 41.1 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 16, Gilbert Way, Salisbury, 0.9% 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 16, Gilbert Way, Salisbury, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
