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According to the public record, 7 Castle Gate, Salisbury is a modern leasehold apartment with 731 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 7 Castle Gate, Salisbury is £349,853 and the estimated rental value is £1,471 per month.
The apartment is within Castle Gate, Endless Street, Salisbury, SP1.
Endless Street, Salisbury, SP1 is located within the SP1 postal district.
7 Castle Gate, Salisbury has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 7 Castle Gate, Salisbury is in very good condition we estimate a sale value of £367,346 and a rental value of £1,545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,364 and a rental value of £1,368 per month.
Over the last 12 months the sale value of 7 Castle Gate Salisbury has decreased by an estimated £13,893 (4.0%) and its rental value has increased by an estimated £35 per month (2.4%), giving an expected gross yield of 5%.
7 Castle Gate, Salisbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 7 Castle Gate, Salisbury was last sold on 7th December 2022 for £315,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has dropped 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Castle Gate, Salisbury within a radius of 470 metres over the last 2 years.
The most recent example is 12 Monument Place, Endless Street, Salisbury, SP1 3GE, a leasehold flat which sold for £385,410 on the 5th December 2024.
Read more about house prices in SP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Endless Street, Salisbury, SP1 has a total of 177 addresses. According to our analysis of all the public data, 7 Castle Gate, Salisbury is the 93rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in SP1.
The closest station to 7 Castle Gate, Salisbury is Salisbury station which is 800 metres 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 7 Castle Gate, Salisbury, 41.3% of property is privately owned outright and 22.4% 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 7 Castle Gate, Salisbury, 9.5% of residents are recorded as possessing school level qualifications and 47.0% 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 7 Castle Gate, Salisbury, the average age was 44.9 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 7 Castle Gate, Salisbury, 0.6% 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 7 Castle Gate, Salisbury, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.