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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, 22, Park Lane, Salisbury is a period leasehold apartment with 957 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 22, Park Lane, Salisbury is £359,111 and the estimated rental value is £1,425 per month.
Park Lane, Salisbury, SP1 is located within the SP1 postal district.
22, Park Lane, Salisbury has 41 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated March 2017.
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 22, Park Lane, Salisbury is in very good condition we estimate a sale value of £377,067 and a rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,973 and a rental value of £1,325 per month.
Over the last 12 months the sale value of 22 Park Lane Salisbury has decreased by an estimated £14,344 (4.0%) and its rental value has increased by an estimated £33 per month (2.3%), giving an expected gross yield of 4.8%.
22, Park Lane, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2017.
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, 22, Park Lane, Salisbury was last sold on 27th June 2019 for £225,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2019, the market for similar properties has dropped 29.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 22, Park Lane, Salisbury within a radius of 720 metres over the last 2 years.
The most recent example is 62, Park Lane, Salisbury, SP1 3NP, a leasehold flat which sold for £375,000 on the 31st March 2022.
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, 22, Park Lane, Salisbury is the 26th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in SP1.
The closest station to 22, 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 22, 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 22, 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 22, 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 22, 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 22, 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.
