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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
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Flat 3, 2, Elm Grove Road, Salisbury is described in the public record as a period apartment with 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 2, Elm Grove Road, Salisbury is £100,671 and its rental estimate is £593 per month, given the available information and assuming reasonable condition.
2, Elm Grove Road is a residential building on Elm Grove Road, Salisbury, SP1 and falls within the SP1 postal district.
Flat 3, 2, Elm Grove Road, Salisbury has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 3, 2, Elm Grove Road, Salisbury, we estimate a market value of £105,704 and a rental value of £623 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,624 and £552 per month respectively.
Over the last year, Flat 3, 2, Elm Grove Road, Salisbury has seen its estimated sale value fall by £3,449 (3.4%) and its estimated rental value move up by £17 per month (2.9%). This results in an estimated gross rental yield of 7.1%.
Flat 3, 2, Elm Grove Road, Salisbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 3, 2, Elm Grove Road, Salisbury completed on 26th July 2002 at £89,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Over the past 2 years 3 properties similar to Flat 3, 2, Elm Grove Road, Salisbury have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th July 2021, was Flat 9, Southbank House, Elm Grove, Salisbury, SP1 1NQ, a leasehold flat which sold for £285,000.
Read more about house prices in SP1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 110 addresses on Elm Grove Road, Salisbury, SP1, Flat 3, 2, Elm Grove Road, Salisbury comes out as the 100th largest and the 100th most expensive in our analysis of the public data.
It is also £247k less expensive than the average property across the SP1 district.
From Flat 3, 2, Elm Grove Road, Salisbury, the nearest station is Salisbury, 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 2, Elm Grove Road, Salisbury, 36.7% of property is privately rented and 27.5% 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 Flat 3, 2, Elm Grove Road, Salisbury, 17.7% of residents are recorded as possessing school level qualifications and 54.9% 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 3, 2, Elm Grove Road, 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 Flat 3, 2, Elm Grove Road, Salisbury, 1.0% 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 Flat 3, 2, Elm Grove Road, 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.
