Market outlook for SP3
Key indicators for buyers
The SP3 market is moderately favourable for buyers. Prices have softened (-11.4%), which could present a buying opportunity. Affordability has improved from a peak of 10.3x in 2021 to 8.8x today. Rising rents (£1,057/mo, +6.8%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2025averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Wiltshire area
A home in Wiltshire costs 8.8x the local median salary — stretched, improving from a peak of 10.3x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Wiltshire area
Average monthly rent in Wiltshire is £1,057, up 6.8% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Wiltshire price of £488,790 with a 25% deposit (£122k), a 2-year fixed mortgage at 3.97% costs around £1,929 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SP3 avg. price with Wiltshire rental data
Monthly mortgage payments (£1,929) are £872 more than renting (£1,057). However, buying requires an upfront deposit of £122k — it would take around 36 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
4, FONTHILL COTTAGES, HINDON LANE, TISBURY SP3 6QD | Semi-detached | £352,000 | 19 Dec 2025 |
1, CHURCHSIDE, CHURCH STREET, TISBURY SP3 6AZ | Flat/Maisonette | £173,000 | 19 Dec 2025 |
7, OLD SCHOOL MEWS, SHREWTON SP3 4FA | Flat/Maisonette | £162,500 | 19 Dec 2025 |
7A, WEAVELAND ROAD, TISBURY SP3 6HJ | Terraced | £230,000 | 16 Dec 2025 |
COSY COTTAGE, TEFFONT SP3 5QY | Detached | £417,000 | 15 Dec 2025 |
ROSE ELLA, SHAFTESBURY ROAD, EAST KNOYLE SP3 6AR | Detached | £540,000 | 12 Dec 2025 |
27 - 28, MILTON, EAST KNOYLE SP3 6BJ |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.