Drake Road - TQ8 8EG
Key Postcode Insights
TQ8 8EG is a residential postcode situated on Drake Road, Salcombe, TQ8 with 5 addresses.
It ranks as the 379th largest and 867th most expensive of the 1,055 postcodes in the TQ8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £1,011,492
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,324pcm
- 10 Year change
- up 79.3%
- Ave. £ per ft²
- £616/ft²
- Ave. Gross Yield
- 1.6%/year/yr
Key Postcode Insights
TQ8 8EG is a residential postcode situated on Drake Road, Salcombe, TQ8 with 5 addresses.
It ranks as the 379th largest and 867th most expensive of the 1,055 postcodes in the TQ8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £1,011,492
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,324pcm
- 10 Year change
- up 79.3%
- Ave. £ per ft²
- £616/ft²
- Ave. Gross Yield
- 1.6%/year/yr
Explore Propertiesin TQ8 8EG
- 1 Tamarisk Drake Road
4 Bed Modern House
- 2 Tamarisk Drake Road
4 Bed Modern House
- Mallards
House
- Myrana
4 Bed Mid-century House
- Summerleaze
3 Bed Mid-century House
Sales Market Trends
The last sale in TQ8 8EG sold for £775,000 on 16th July 2024. Since then prices are down an average of 2.7%.
The current average value in the postcode is £1,011,492.
The TQ8 8EG Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £1,011,492 |
| June 2025 | -0.6% | £1,025,646 |
| June 2024 | -4.5% | £1,032,121 |
| June 2023 | -0.1% | £1,080,818 |
| June 2022 | 13.4% | £1,081,626 |
| June 2021 | 10.4% | £954,195 |
| June 2020 | 8.7% | £864,289 |
| June 2019 | -0.4% | £795,438 |
| June 2018 | 3.5% | £798,587 |
| June 2017 | 2.5% | £771,699 |
| June 2016 | 4.8% | £752,721 |
| June 2015 | 5.8% | £718,043 |
| June 2014 | -0.7% | £678,971 |
| June 2013 | 3.2% | £683,878 |
| June 2012 | -1.9% | £662,904 |
| June 2011 | -2.7% | £676,058 |
| June 2010 | 8.5% | £694,827 |
| June 2009 | -8.1% | £640,534 |
| June 2008 | 4.4% | £697,287 |
| June 2007 | 0% | £667,831 |
Rental Market Trends
The current average rental value in the postcode is £1,324.
The TQ8 8EG Rental Market has increased by 79.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,324pcm |
| June 2025 | 6% | £1,262pcm |
| June 2024 | 8.1% | £1,191pcm |
| June 2023 | 2.3% | £1,101pcm |
| June 2022 | 12.7% | £1,076pcm |
| June 2021 | 16.3% | £955pcm |
| June 2020 | 3.6% | £821pcm |
| June 2019 | -0.7% | £793pcm |
| June 2018 | 5.4% | £798pcm |
| June 2017 | 2.6% | £757pcm |
| June 2016 | 1.1% | £738pcm |
| June 2015 | 2.2% | £730pcm |
| June 2014 | 4.3% | £714pcm |
| June 2013 | -1.5% | £685pcm |
| June 2012 | 0.3% | £695pcm |
| June 2011 | 2.9% | £693pcm |
| June 2010 | 9.8% | £673pcm |
| June 2009 | -6.4% | £613pcm |
| June 2008 | 0.3% | £655pcm |
| June 2007 | 0% | £653pcm |
Sales History
The last sale was on 16th July 2024 for £775,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 6 sales since 1995.
TQ8 8EG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£775,000 | 4 Bed House2 Tamarisk, Drake Road, Salcombe, TQ8 8EG2 Tamarisk, Drake Road, Salcombe, TQ8 8EG
- Sold Oct 2022£895,000 | 4 Bed House1 Tamarisk, Drake Road, Salcombe, TQ8 8EG1 Tamarisk, Drake Road, Salcombe, TQ8 8EG
- Sold Nov 2019£675,000 | 4 Bed House2 Tamarisk, Drake Road, Salcombe, TQ8 8EG2 Tamarisk, Drake Road, Salcombe, TQ8 8EG
- Sold Dec 2017£460,000 | 3 Bed HouseSummerleaze, Drake Road, Salcombe, TQ8 8EGSummerleaze, Drake Road, Salcombe, TQ8 8EG
- Sold Oct 2000£249,999 | 4 Bed House1 Tamarisk, Drake Road, Salcombe, TQ8 8EG1 Tamarisk, Drake Road, Salcombe, TQ8 8EG
Nearby Postcodes
TQ8 8EG is the 379th largest and the 867th most expensive postcode out of the 1,055 postcodes in the TQ8 area.
- TQ8 8BW, Onslow Road, Salcombe, TQ8TQ8 8BW4 Addresses|49 m away
- TQ8 8AZ, Drake Road, Salcombe, TQ8TQ8 8AZ2 Addresses|58 m away
- TQ8 8EF, Bonfire Hill, Salcombe, TQ8TQ8 8EF5 Addresses|59 m away
- TQ8 8AQ, Frobisher Lane, Salcombe, TQ8TQ8 8AQ4 Addresses|69 m away
- TQ8 8EH, Knowle Road, Salcombe, TQ8TQ8 8EH6 Addresses|82 m away
Property Types
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- modern house (2)
- mid-century house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Oct 2022£895,000 | 4 Bed House1 Tamarisk, Drake Road, Salcombe, TQ8 8EG1 Tamarisk, Drake Road, Salcombe, TQ8 8EG
- Sold Jul 2024£775,000 | 4 Bed House2 Tamarisk, Drake Road, Salcombe, TQ8 8EG2 Tamarisk, Drake Road, Salcombe, TQ8 8EG
- Sold Nov 2019£675,000 | 4 Bed House2 Tamarisk, Drake Road, Salcombe, TQ8 8EG2 Tamarisk, Drake Road, Salcombe, TQ8 8EG
Schools Nearby
- Salcombe Church of England Primary School100 m away
- Malborough with South Huish Church of England Primary School2.8 km away
- Charleton Church of England Academy4.0 km away
- Kingsbridge Academy4.7 km away
- Ivybridge Community College19.8 km away
- King Edward VI Community College22.9 km away
More reading links
Public Transport Nearby
The closest station to TQ8 8EG is Ivybridge station, which is 19.5 kilometres away.
- Ivybridge|19.5 km away
- Totnes|22.8 km away
- Paignton|26.5 km away
- Torquay|29.7 km away