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According to the public record, 2 Fairoak Cottages, Salisbury is a period house with 839 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Fairoak Cottages, Salisbury is £419,101 and the estimated rental value is £1,323 per month.
Pitton, Salisbury, SP5 is located within the SP5 postal district.
2 Fairoak Cottages, Salisbury has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2 Fairoak Cottages, Salisbury is in very good condition we estimate a sale value of £440,056 and a rental value of £1,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,764 and a rental value of £1,230 per month.
Over the last 12 months the sale value of 2 Fairoak Cottages Salisbury has decreased by an estimated £4,361 (1.0%) and its rental value has increased by an estimated £74 per month (5.6%), giving an expected gross yield of 3.8%.
2 Fairoak Cottages, Salisbury has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Fairoak Cottages, Salisbury within a radius of 4.2 kilometres over the last 2 years.
The most recent example is Cropthorne, High Street, Salisbury, SP5 1DQ, a freehold house which sold for £470,000 on the 8th April 2024.
Read more about house prices in SP5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pitton, Salisbury, SP5 has a total of 24 addresses. According to our analysis of all the public data, 2 Fairoak Cottages, Salisbury is the 22nd largest and the 13th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in SP5.
The closest station to 2 Fairoak Cottages, Salisbury is Salisbury station which is 6.7 kilometres away.
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 2 Fairoak Cottages, Salisbury, 38.0% of property is privately rented and 35.2% 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 2 Fairoak Cottages, Salisbury, 15.6% 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 2 Fairoak Cottages, Salisbury, the average age was 40.5 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 2 Fairoak Cottages, Salisbury, 0.0% 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 2 Fairoak Cottages, Salisbury, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.