1, Island Terrace
1, Island Terrace
Description & Estimates
The public record lists 1, Island Terrace, Salcombe as a freehold house sitting on a 84 m2 plot.
Comparison with its neighbours suggests a period house with 662 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
1, Island Terrace, Salcombe has an estimated sale value of £534,284 and an estimated rental value of £2,923 per month, assuming reasonable condition and based on the information available.
Island Terrace, Salcombe, TQ8 lies in the borough of South Hams, within the TQ8 postal district.
Our Data Sources
1, Island Terrace, Salcombe has a single entry in the Land Registry from October 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Island Terrace, Salcombe would be worth £560,999, with a potential rental value of £3,069 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £496,885, with a rental value of £2,718 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Island Terrace, Salcombe has moved down by £14,969 (2.8%) over the last year. During the same period, its estimated monthly rental value has increased by £147 (5.0%). The property's estimated gross yield is currently 6.6%.
Plot Size
1, Island Terrace, Salcombe occupies a 84 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
1, Island Terrace, Salcombe last changed hands on 20th October 2017, selling for £239,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 41.0% since October 2017.
- Sold Oct 2017£239,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of 1, Island Terrace, Salcombe across the last 2 years.
Most recently, 3, Croft View Terrace, Salcombe, TQ8 8DL, a freehold house, sold at £525,000 on the 9th September 2020.
Read more about house prices in TQ8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Island Terrace, Salcombe as the 7th largest and the 6th most expensive of the 7 addresses on Island Terrace, Salcombe, TQ8.
Against the TQ8 postcode district average, it is £368k less expensive than the typical property.
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Schools Nearby
- 800mSalcombe Church of England Primary School
- 3.4kmMalborough with South Huish Church of England Primary School
- 3.6kmCharleton Church of England Academy
- 4.7kmKingsbridge Academy
- 20.0kmIvybridge Community College
- 22.6kmKing Edward VI Community College
More reading links
Public Transport Nearby
Ivybridge station is the nearest stop to 1, Island Terrace, Salcombe at 19.7 kilometres away.
- 19.7kmIvybridge
- 22.5kmTotnes
- 26.0kmPaignton
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
