Salisbury Property Market Overview
Cathedral city with heritage market, military connections, and premium conversion opportunities
The Salisbury property market recorded 1,182 residential sales over the past 12 months, with a median sale price of £335,000. This places Salisbury £30k above the Wiltshire county median of £304,623, and £50k above the UK national median of £285,000.
Prices in Salisbury have shown strong growth, with a year-on-year change of +4.7%. Within Wiltshire, Salisbury ranks 2nd by price out of 8 principal towns, and 2nd by transaction volume.
Salisbury House Prices by Property Type
Property prices in Salisbury vary significantly by type. The table below compares Salisbury prices with Wiltshire county averages and UK national figures.
| Type | Salisbury | Wiltshire Avg | UK Avg |
|---|---|---|---|
| Detached | £480,000 | £446,238 | £420,000 |
| Semi-detached | £326,000 | £303,750 | £265,000 |
| Terraced | £280,000 | £245,000 | £230,000 |
| Flat | £174,500 | £148,250 | £225,000 |
Detached homes in Salisbury command £480,000, while flat properties are most accessible at £174,500. The £306k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Salisbury
Salisbury recorded 5 new-build transactions in the past 12 months, representing 0.4% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.
New-build properties in Salisbury traded at a premium of 34.3% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Wiltshire market, 125 new-build completions were recorded — see our Wiltshire property market report for the full county picture.
Recent Property Sales in Salisbury
The following table shows the most recent property transactions recorded in Salisbury, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £110,000 | Flat | SP1 1JW | 2026-02-24 | Existing |
| £251,000 | Terraced | SP1 3FB | 2026-02-24 | Existing |
| £430,000 | Detached | SP1 1NT | 2026-02-23 | Existing |
| £267,500 | Semi-detached | SP2 9PF | 2026-02-20 | Existing |
| £445,000 | Detached | SP4 0LS | 2026-02-19 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £110,000 to £445,000 illustrates the breadth of the Salisbury market.
Development Finance in Salisbury
For developers considering Salisbury, the local market data translates directly into finance structuring. With a median value of £335,000 and detached homes at £480,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Salisbury scheme with a GDV of £480,000 would attract senior debt of approximately £312,000 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
With prices rising 4.7% year-on-year, Salisbury presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.
Ready to develop in Salisbury? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Salisbury Compared to Nearby Wiltshire Towns
To put Salisbury's market in context, the table below compares it with similarly-priced towns across Wiltshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Salisbury | £335,000 | 1,182 | +4.7% |
| Chippenham | £320,000 | 682 | +1.6% |
| Devizes | £310,000 | 373 | +6.9% |
| Warminster | £299,246 | 331 | -5% |
| Melksham | £290,000 | 353 | 0% |
| Trowbridge | £285,000 | 579 | +1.8% |
For the full Wiltshire town-by-town breakdown, see our comprehensive Wiltshire property market report.
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From 12% p.a. · Up to 85-90% LTGDVRelated Reports
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5 min readFrequently Asked Questions
What is the average house price in Salisbury?
The median house price in Salisbury is £335,000, based on 1,182 transactions over the past 12 months. Detached homes average £480,000 while flat properties average £174,500.
Are house prices rising or falling in Salisbury?
House prices in Salisbury are rising at +4.7% year-on-year. This positive trend suggests sustained buyer demand. The wider Wiltshire market is rising at +0.3%.
How many properties sold in Salisbury recently?
Salisbury recorded 1,182 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Salisbury?
Developers in Salisbury can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.