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According to the public record, Flat 2, 25, Gorringe Road, Salisbury is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 25, Gorringe Road, Salisbury is £138,114 and the estimated rental value is £735 per month.
The apartment is within 25, Gorringe Road, Salisbury, SP2.
Gorringe Road, Salisbury, SP2 is located within the SP2 postal district.
Flat 2, 25, Gorringe Road, Salisbury has 31 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated October 2024.
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 Flat 2, 25, Gorringe Road, Salisbury is in very good condition we estimate a sale value of £145,019 and a rental value of £772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,446 and a rental value of £684 per month.
Over the last 12 months the sale value of Flat 2 25 Gorringe Road Salisbury has decreased by an estimated £3,566 (2.6%) and its rental value has increased by an estimated £21 per month (2.9%), giving an expected gross yield of 6.4%.
Flat 2, 25, Gorringe Road, Salisbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 25, Gorringe Road, Salisbury was last sold on 4th December 2015 for £120,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2015, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 25, Gorringe Road, Salisbury within a radius of 610 metres over the last 2 years.
The most recent example is Flat 4, Charnwood House 11, Charnwood Road, Salisbury, SP2 7HT, a leasehold flat which sold for £179,950 on the 1st November 2022.
Read more about house prices in SP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorringe Road, Salisbury, SP2 has a total of 39 addresses. According to our analysis of all the public data, Flat 2, 25, Gorringe Road, Salisbury is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in SP2.
The closest station to Flat 2, 25, Gorringe Road, Salisbury is Salisbury station which is 700 metres 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 Flat 2, 25, Gorringe Road, Salisbury, 32.6% of property is privately owned with a mortgage and 31.0% is privately 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 Flat 2, 25, Gorringe Road, Salisbury, 12.0% of residents are recorded as possessing school level qualifications and 38.4% 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 Flat 2, 25, Gorringe Road, Salisbury, the average age was 42.5 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 Flat 2, 25, Gorringe Road, 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 Flat 2, 25, Gorringe Road, 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.