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According to the public record, Oaklea, Salisbury is a mid-century freehold house with 1,657 ft2 of internal area and sits on a 689 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Oaklea, Salisbury is £485,497 and the estimated rental value is £2,036 per month.
East Grimstead, Salisbury, SP5 is located within the SP5 postal district.
Oaklea, Salisbury has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Oaklea, Salisbury is in very good condition we estimate a sale value of £509,771 and a rental value of £2,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £451,512 and a rental value of £1,894 per month.
Over the last 12 months the sale value of Oaklea Salisbury has decreased by an estimated £1,287 (0.3%) and its rental value has increased by an estimated £84 per month (4.1%), giving an expected gross yield of 5%.
According to data from HM Land Registry, Oaklea, Salisbury sits on a plot of 689m2.
We have plot size data on 8 out of 8 other houses in the postcode and Oaklea, Salisbury sits on the 6th largest plot.
Oaklea, Salisbury has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Oaklea, Salisbury was last sold on 20th November 2020 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oaklea, Salisbury within a radius of 4.4 kilometres over the last 2 years.
The most recent example is Wilsomdor, Chapel Hill, Salisbury, SP5 3SG, a freehold house which sold for £591,350 on the 30th June 2021.
Read more about house prices in SP5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Grimstead, Salisbury, SP5 has a total of 56 addresses. According to our analysis of all the public data, Oaklea, Salisbury is the 38th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in SP5.
The closest station to Oaklea, Salisbury is Dean (Wilts) station which is 3.3 kilometres 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 Oaklea, Salisbury, 59.3% of property is privately owned outright and 25.0% 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 Oaklea, Salisbury, 13.2% of residents are recorded as possessing school level qualifications and 49.1% 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 Oaklea, Salisbury, the average age was 47.1 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 Oaklea, Salisbury, 3.8% 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 Oaklea, Salisbury, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
