TQ8 8BT is a residential postcode situated on Folly Lane, Salcombe, TQ8 with 4 addresses.
It ranks as the 39th largest and 152nd most expensive of the 175 postcodes in the TQ8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
TQ8 8BT is a residential postcode situated on Folly Lane, Salcombe, TQ8 with 4 addresses.
It ranks as the 39th largest and 152nd most expensive of the 175 postcodes in the TQ8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
Sale prices range from £776,670 for 2 bedroom Leasehold flats with a garden (387 ft2) to £1,736,685 for 4 bedroom freehold houses with a garden (1,248 ft2) .
Monthly rental prices range from £1,388 pcm for 2 bed flats to £3,238 pcm for 4 bed houses.
The gross rental yield is between 1.6% and 2.2%.
The average value per square foot is £1,512.
The last sale in TQ8 8BT sold for £1,751,000 on 6th April 2021. Since then prices are up an average of 0.3%.
The current average value in the postcode is £1,409,780.
The TQ8 8BT Sales Market has increased by 41.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £1,409,780 |
| April 2025 | -4.2% | £1,438,968 |
| April 2024 | -8.7% | £1,501,553 |
| April 2023 | 1.8% | £1,644,309 |
| April 2022 | 14.8% | £1,615,095 |
| April 2021 | 12.9% | £1,407,112 |
| April 2020 | 4.6% | £1,246,531 |
| April 2019 | 3.8% | £1,191,280 |
| April 2018 | 4.6% | £1,147,253 |
| April 2017 | 10.3% | £1,096,319 |
| April 2016 | -3.9% | £994,319 |
| April 2015 | 0.8% | £1,034,424 |
| April 2014 | 0.5% | £1,026,469 |
| April 2013 | 3.8% | £1,021,766 |
| April 2012 | -1.6% | £983,898 |
| April 2011 | 3.7% | £999,977 |
| April 2010 | 0.6% | £964,632 |
| April 2009 | -3.6% | £958,509 |
| April 2008 | 2.9% | £994,686 |
| April 2007 | 0% | £966,321 |
The current average rental value in the postcode is £2,423.
The TQ8 8BT Rental Market has increased by 87.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.1% | £2,423pcm |
| April 2025 | 9.8% | £2,304pcm |
| April 2024 | 12.5% | £2,099pcm |
| April 2023 | 0.2% | £1,866pcm |
| April 2022 | 17.2% | £1,863pcm |
| April 2021 | 14.5% | £1,589pcm |
| April 2020 | 3.6% | £1,388pcm |
| April 2019 | -3.2% | £1,339pcm |
| April 2018 | 5.4% | £1,384pcm |
| April 2017 | 1.6% | £1,313pcm |
| April 2016 | 1.6% | £1,292pcm |
| April 2015 | 2.1% | £1,272pcm |
| April 2014 | 2.8% | £1,245pcm |
| April 2013 | -1.3% | £1,211pcm |
| April 2012 | -0.6% | £1,227pcm |
| April 2011 | 4.1% | £1,234pcm |
| April 2010 | 3.6% | £1,186pcm |
| April 2009 | -5.3% | £1,145pcm |
| April 2008 | -8.1% | £1,209pcm |
| April 2007 | 0% | £1,316pcm |
The last sale was on 6th April 2021 for £1,751,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 3 sales since 1995.
TQ8 8BT has seen no sales in the last three years and no sales in the last twelve months.
TQ8 8BT is the 39th largest and the 152nd 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 8BT, 52.8% of property is socially rented and 27.2% is privately owned outright.
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 8BT, 6.5% of residents are recorded as possessing school level qualifications and 30.8% 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 8BT, 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 8BT, 3.7% 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 8BT, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.