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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bolt Head, Salcombe is £974,004 and the estimated rental value is £2,487 per month.
The apartment is within 2, Bolt Head, Salcombe, TQ8.
Bolt Head, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
2, Bolt Head, Salcombe has 61 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Bolt Head, Salcombe is in very good condition we estimate a sale value of £1,022,704 and a rental value of £2,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £905,824 and a rental value of £2,313 per month.
Over the last 12 months the sale value of 2 Bolt Head Salcombe has decreased by an estimated £27,334 (2.8%) and its rental value has increased by an estimated £107 per month (4.3%), giving an expected gross yield of 3.1%.
2, Bolt Head, Salcombe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Bolt Head, Salcombe was last sold on 31st January 2022 for £1,250,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since January 2022, the market for similar properties has dropped 19.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bolt Head, Salcombe within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 7, Bolt Head, Salcombe, TQ8 8LL, a leasehold flat which sold for £1,350,000 on the 12th August 2022.
Read more about house prices in TQ8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bolt Head, Salcombe, TQ8 has a total of 41 addresses. According to our analysis of all the public data, 2, Bolt Head, Salcombe is the 33rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in TQ8.
The closest station to 2, Bolt Head, Salcombe is Ivybridge station which is 20.7 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Bolt Head, Salcombe, 63.8% of property is privately owned outright and 19.2% is privately owned with a mortgage.
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 2, Bolt Head, Salcombe, 5.2% of residents are recorded as possessing school level qualifications and 45.8% 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 2, Bolt Head, Salcombe, 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 2, Bolt Head, Salcombe, 8.8% 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 2, Bolt Head, Salcombe, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.