TQ8 8AY is a residential postcode situated on Raleigh Road, Salcombe, TQ8 with 27 addresses.
It ranks as the 153rd largest and 25th most expensive of the 175 postcodes in the TQ8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 27 properties: 16 houses and 11 flats.
TQ8 8AY is a residential postcode situated on Raleigh Road, Salcombe, TQ8 with 27 addresses.
It ranks as the 153rd largest and 25th most expensive of the 175 postcodes in the TQ8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 27 properties: 16 houses and 11 flats.
Sale prices range from £244,985 for 2 bedroom leasehold flats (699 ft2) to £1,764,697 for 5 bedroom freehold houses with a garden (1,991 ft2) .
Monthly rental prices range from £1,854 pcm for 2 bed flats to £4,393 pcm for 5 bed houses.
The gross rental yield is between 3.0% and 9.1%.
The average value per square foot is £517.
The last sale in TQ8 8AY sold for £390,000 on 28th January 2020. Since then prices are up an average of 12.2%.
The current average value in the postcode is £566,508.
The TQ8 8AY Sales Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £566,508 |
| April 2025 | -4.4% | £585,310 |
| April 2024 | -8.6% | £612,353 |
| April 2023 | 2.7% | £669,806 |
| April 2022 | 15.7% | £652,153 |
| April 2021 | 13.5% | £563,596 |
| April 2020 | 4.2% | £496,401 |
| April 2019 | 4.3% | £476,184 |
| April 2018 | 5.6% | £456,636 |
| April 2017 | 10.6% | £432,526 |
| April 2016 | -3.6% | £390,901 |
| April 2015 | 1.1% | £405,341 |
| April 2014 | 1.2% | £401,102 |
| April 2013 | 5.2% | £396,239 |
| April 2012 | -1.5% | £376,571 |
| April 2011 | 4.1% | £382,386 |
| April 2010 | 2% | £367,457 |
| April 2009 | -4.2% | £360,165 |
| April 2008 | 2.9% | £376,089 |
| April 2007 | 0% | £365,620 |
The current average rental value in the postcode is £3,091.
The TQ8 8AY Rental Market has increased by 91.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £3,091pcm |
| April 2025 | 9.5% | £2,975pcm |
| April 2024 | 12.6% | £2,717pcm |
| April 2023 | 1.1% | £2,413pcm |
| April 2022 | 18.2% | £2,388pcm |
| April 2021 | 15.1% | £2,020pcm |
| April 2020 | 3.3% | £1,754pcm |
| April 2019 | -2.8% | £1,699pcm |
| April 2018 | 6.3% | £1,749pcm |
| April 2017 | 2% | £1,645pcm |
| April 2016 | 1.9% | £1,613pcm |
| April 2015 | 2.4% | £1,582pcm |
| April 2014 | 3.6% | £1,545pcm |
| April 2013 | 0% | £1,491pcm |
| April 2012 | -0.5% | £1,491pcm |
| April 2011 | 4.5% | £1,499pcm |
| April 2010 | 5% | £1,434pcm |
| April 2009 | -5.9% | £1,366pcm |
| April 2008 | -8.2% | £1,451pcm |
| April 2007 | 0% | £1,580pcm |
The last sale was on 28th January 2020 for £390,000 and since then the market in the area has increased by 12.2%. The postcode has had a total of 11 sales since 1995.
TQ8 8AY has seen no sales in the last three years and no sales in the last twelve months.
TQ8 8AY is the 153rd largest and the 25th most expensive postcode out of the 175 postcodes in the TQ8 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around TQ8 8AY, 41.1% of property is privately owned outright and 28.2% is socially rented.
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 TQ8 8AY, 13.4% of residents are recorded as possessing school level qualifications and 25.0% 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 TQ8 8AY, the average age was 50.9 and the most common age was 62.
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 TQ8 8AY, 0.8% 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 TQ8 8AY, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
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.