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According to the public record, 241, Gainsborough Close, Salisbury is a mid-century leasehold apartment with 785 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 241, Gainsborough Close, Salisbury is £113,488 and the estimated rental value is £600 per month.
Gainsborough Close, Salisbury, SP2 is located within the SP2 postal district.
241, Gainsborough Close, Salisbury has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that 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 241, Gainsborough Close, Salisbury is in very good condition we estimate a sale value of £119,163 and a rental value of £630 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,544 and a rental value of £558 per month.
Over the last 12 months the sale value of 241 Gainsborough Close Salisbury has decreased by an estimated £3,395 (3.0%) and its rental value has increased by an estimated £9 per month (1.4%), giving an expected gross yield of 6.3%.
241, Gainsborough Close, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2016.
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, 241, Gainsborough Close, Salisbury was last sold on 1st December 2016 for £96,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2016, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 241, Gainsborough Close, Salisbury within a radius of 590 metres over the last 2 years.
The most recent example is 245, Gainsborough Close, Salisbury, SP2 9HD, a leasehold flat which sold for £90,000 on the 7th November 2013.
Read more about house prices in SP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Close, Salisbury, SP2 has a total of 205 addresses. According to our analysis of all the public data, 241, Gainsborough Close, Salisbury is the 127th largest and the 178th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in SP2.
The closest station to 241, Gainsborough Close, Salisbury is Salisbury station which is 1.9 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 241, Gainsborough Close, Salisbury, 66.7% of property is socially rented and 14.5% is privately owned with a mortgage.
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 241, Gainsborough Close, Salisbury, 26.3% of residents are recorded as possessing school level qualifications and 19.8% 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 241, Gainsborough Close, Salisbury, the average age was 36 and the most common age was 7.
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 241, Gainsborough Close, 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 241, Gainsborough Close, Salisbury, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.