Property trends for Salisbury (SP)

    The SP postcode area covers Salisbury and the surrounding towns and villages of south Wiltshire, located in the south-west of England on the edge of Salisbury Plain. It is a predominantly rural area with strong market town character, known for its cathedral heritage and countryside appeal.

    Average Property Price - SP

    £363,059

    12 month avg at 31 Jul 2026

    Average Monthly Rent - SP

    £1,101

    Estimate at 31 Jul 2026

    Average Net Household Income - SP

    £43,843

    2023 census data

    Flat / Maisonette Yield - SP

    5.8%

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - SP

    2.0%

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - SP

    3.3%

    Estimate at 31 Jul 2026

    District Rankings — SP

    Top 10 districts in SP ranked by average sale price.

    #DistrictAvg Price
    1SP3£496,655
    2SP5£479,374
    3SP6£438,100
    4SP11£393,891
    5SP7£363,182
    6SP1£353,474
    7SP4£349,991
    8SP2£329,372
    9SP8£316,830
    10SP10£312,708

    Street Rankings — Salisbury (SP)

    Top 10 streets in Salisbury (SP) ranked by 3-year average sale price.

    #Street3Y Avg
    1Bourne Park Estate£10,500,000
    2Lower Bridmore Farm Cottages£7,270,000
    3Tunnel Hill£2,620,000
    4Field Barn Lane£2,035,000
    5Cow Drove£2,000,000
    6Middle Coombe£1,622,500
    7Shoddesden Lane£1,550,000
    8Middlecot£1,525,000
    9Butts Hill£1,500,000
    10Lyburn Road£1,490,000

    Property Price & Volume Trends

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    The latest average property price in SP is £363,000, placing it slightly above the national median. Over the past decade, prices have grown at 2.0% annually—notably slower than the national average, reflecting more modest appreciation in this rural market compared to stronger-performing areas across the country.

    Average monthly rents stand at £1,101, broadly in line with the national average. Rental growth over ten years has averaged 3.3% per year, which is below the national pace. The flat yield currently sits at 5.8%, offering reasonable returns for landlords, though yields have edged downward as prices have outpaced rental increases.

    Income & Affordability Trends

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    Average household income in SP is £43,843, placing the area above the national average. The price-to-income ratio of 8.8x has worsened since 2016 (when it stood at 8.1x), indicating that property has become less affordable relative to local earnings. Rental affordability has similarly deteriorated: the rent-to-income ratio has risen from 25.9% to 26%, squeezing tenant budgets slightly.

    Resident Demographic Profile

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    The population is notably older than the national average, with 22.1% aged 65 and above compared to 19.6% nationally, and fewer young adults aged 16–24 (8.8% versus 11.0% nationally). Home ownership is stronger than average, with 36.3% owning outright and only 13.6% in social rented housing. The workforce skews towards technical and managerial roles (15.6% and 14.1% respectively), with professional employment slightly below the national average at 17.1%.

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