Market outlook for SP5
Key indicators for buyers
The SP5 market is moderately favourable for buyers. Prices have softened (-2.4%), 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
2026averages · 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 £555,188 with a 25% deposit (£139k), a 2-year fixed mortgage at 3.97% costs around £2,191 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SP5 avg. price with Wiltshire rental data
Monthly mortgage payments (£2,191) are £1,134 more than renting (£1,057). However, buying requires an upfront deposit of £139k — it would take around 64 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 |
|---|---|---|---|
55, BEECH GRANGE, LANDFORD SP5 2AL | Detached | £620,000 | 16 Jan 2026 |
BEECH TREE HOUSE, THE STREET, WHITEPARISH SP5 2SL | Detached | £965,000 | 16 Jan 2026 |
10, KEATS MEADOW, SIXPENNY HANDLEY SP5 5AT | Terraced | £289,000 | 16 Jan 2026 |
31, CHURCH LEAT, DOWNTON SP5 3PD | Terraced | £475,000 | 15 Jan 2026 |
KEEPERS COTTAGE, THE HIGHWAY, CHARLTON ALL SAINTS SP5 4HD | Detached | £720,000 | 15 Jan 2026 |
HOLLY HOUSE, HIGH STREET, PITTON SP5 1DQ | Detached | £610,000 | 9 Jan 2026 |
CANDLEMAS COTTAGE, 8, THE BOROUGH, DOWNTON SP5 3ND |
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.