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According to the public record, 5, Fore Street, Salcombe is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,614 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Fore Street, Salcombe is £704,267 and the estimated rental value is £2,578 per month.
The apartment is within 5, Fore Street, Salcombe, TQ8.
Fore Street, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
5, Fore Street, Salcombe has 2 entries in the Land Registry , most recently in August 2020 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 2 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 5, Fore Street, Salcombe is in very good condition we estimate a sale value of £739,480 and a rental value of £2,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £654,968 and a rental value of £2,397 per month.
Over the last 12 months the sale value of 5 Fore Street Salcombe has decreased by an estimated £21,712 (3.1%) and its rental value has increased by an estimated £121 per month (4.7%), giving an expected gross yield of 4.4%.
According to HM Land Registry, 5, Fore Street, Salcombe was last sold on 12th August 2020 for £1,190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2020, the market for similar properties has dropped 41.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Fore Street, Salcombe within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 74A, Fore Street, Salcombe, TQ8 8BU, a leasehold flat which sold for £725,000 on the 9th May 2017.
Read more about house prices in TQ8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fore Street, Salcombe, TQ8 has a total of 126 addresses. According to our analysis of all the public data, 5, Fore Street, Salcombe is the 12th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in TQ8.
The closest station to 5, Fore Street, Salcombe is Ivybridge station which is 19.8 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Fore Street, 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 5, Fore Street, 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 5, Fore Street, 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 5, Fore Street, 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 5, Fore Street, 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.
