Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
2, Island Terrace, Salcombe appears in the public record as a freehold house sitting on a 227 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 2,686 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 2, Island Terrace, Salcombe is £1,185,161 and its rental estimate is £4,498 per month, given the available information and assuming reasonable condition.
Island Terrace, Salcombe, TQ8 falls within the TQ8 postal district, in the borough of South Hams.
2, Island Terrace, Salcombe has 31 entries in the Land Registry , most recently in October 2013 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Island Terrace, Salcombe, we estimate a market value of £1,244,419 and a rental value of £4,723 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,102,200 and £4,183 per month respectively.
Over the last year, 2, Island Terrace, Salcombe has seen its estimated sale value decrease by £58,599 (4.9%) and its estimated rental value grow by £169 per month (3.8%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 2, Island Terrace, Salcombe as measuring 227 m2.
That makes it the 2nd largest plot in the postcode, where all 4 other houses have recorded plot data.
The most recent sale of 2, Island Terrace, Salcombe completed on 1st October 2013 at £1,500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 36.6% over the period since October 2013.
Over the past 2 years 3 properties similar to 2, Island Terrace, Salcombe have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2022, was The Lodge, Devon Road, Salcombe, TQ8 8HL, a freehold house which sold for £1,555,000.
Read more about house prices in TQ8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on Island Terrace, Salcombe, TQ8, 2, Island Terrace, Salcombe comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £283k more expensive than the average property across the TQ8 district.
From 2, Island Terrace, Salcombe, the nearest station is Ivybridge, 19.7 kilometres away.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Island Terrace, Salcombe, 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 2, Island Terrace, Salcombe, 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 2, Island Terrace, 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, Island Terrace, Salcombe, 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 2, Island Terrace, Salcombe, 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.
