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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
5, Pilgrims Gate, Salisbury is recorded publicly as a modern leasehold apartment across 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Pilgrims Gate, Salisbury is £176,358 and its rental estimate is £918 per month, given the available information and assuming reasonable condition.
Pilgrims Gate, Laverstock, Salisbury, SP1 falls within the SP1 postal district.
5, Pilgrims Gate, Salisbury has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated April 2019.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Pilgrims Gate, Salisbury, we estimate a market value of £185,176 and a rental value of £964 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,013 and £854 per month respectively.
Over the last year, 5, Pilgrims Gate, Salisbury has seen its estimated sale value decline by £7,003 (4.0%) and its estimated rental value climb by £22 per month (2.4%). This results in an estimated gross rental yield of 6.2%.
5, Pilgrims Gate, Salisbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
The most recent sale of 5, Pilgrims Gate, Salisbury completed on 30th May 2008 at £150,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.7% over the period since May 2008.
Over the past 2 years 3 properties similar to 5, Pilgrims Gate, Salisbury have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th January 2023, was 6, Pilgrims Gate, Salisbury, SP1 1AF, a leasehold flat which sold for £184,500.
Read more about house prices in SP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Pilgrims Gate, Laverstock, Salisbury, SP1, 5, Pilgrims Gate, Salisbury comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £171k less expensive than the average property across the SP1 district.
From 5, Pilgrims Gate, Salisbury, the nearest station is Salisbury, 2.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Pilgrims Gate, Salisbury, 41.6% of property is socially rented and 22.3% 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 5, Pilgrims Gate, Salisbury, 19.9% of residents are recorded as possessing school level qualifications and 31.6% 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 5, Pilgrims Gate, 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 5, Pilgrims Gate, 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 5, Pilgrims Gate, 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.
