Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 38, Park Lane, Salisbury is a modern leasehold house with 2,142 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Park Lane, Salisbury is £787,172 and the estimated rental value is £2,580 per month.
Park Lane, Salisbury, SP1 is located within the SP1 postal district.
38, Park Lane, Salisbury has 21 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 38, Park Lane, Salisbury is in very good condition we estimate a sale value of £826,530 and a rental value of £2,709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £732,070 and a rental value of £2,399 per month.
Over the last 12 months the sale value of 38 Park Lane Salisbury has decreased by an estimated £30,650 (3.9%) and its rental value has increased by an estimated £51 per month (2.0%), giving an expected gross yield of 3.9%.
38, Park Lane, Salisbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 38, Park Lane, Salisbury was last sold on 11th September 2023 for £840,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Park Lane, Salisbury within a radius of 740 metres over the last 2 years.
The most recent example is 36, Park Lane, Salisbury, SP1 3NP, a freehold house which sold for £830,000 on the 11th January 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, 38, Park Lane, Salisbury is the 5th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £440k more expensive than the average property in SP1.
The closest station to 38, 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 38, 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 38, 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 38, 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 38, 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 38, 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.
