Binnacle House, Salcombe
Binnacle House, Salcombe
Description & Estimates
The public record lists Binnacle House, Salcombe as a freehold house sitting on a 1,111 m2 plot.
Comparison with its neighbours suggests a modern house with 1,656 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Binnacle House, Salcombe has an estimated sale value of £1,905,653 and an estimated rental value of £3,553 per month, assuming reasonable condition and based on the information available.
Moult Hill, Salcombe, TQ8 lies in the borough of South Hams, within the TQ8 postal district.
Our Data Sources
Binnacle House, Salcombe has a single entry in the Land Registry from September 2023 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Binnacle House, Salcombe would be worth £2,000,936, with a potential rental value of £3,731 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,772,258, with a rental value of £3,305 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 Binnacle House, Salcombe has moved down by £58,652 (3.1%) over the last year. During the same period, its estimated monthly rental value has increased by £161 (4.5%). The property's estimated gross yield is currently 2.2%.
Plot Size
Binnacle House, Salcombe occupies a 1,111 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 13th largest.
Sold Prices
Binnacle House, Salcombe last changed hands on 18th September 2023, selling for £1,550,000. 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 dropped by 21.7% since September 2023.
- Sold Sep 2023£1,550,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of Binnacle House, Salcombe across the last 2 years.
Most recently, White Horses, Moult Hill, Salcombe, TQ8 8LF, a freehold house, sold at £815,000 on the 30th June 2015.
Read more about house prices in TQ8.
- Sold Jun 2015£815,000 | 4 Bed HouseWhite Horses, Moult Hill, Salcombe, TQ8 8LFWhite Horses, Moult Hill, Salcombe, TQ8 8LF
- Sold Apr 2009£1,000,000 | 4 Bed HouseBeaufort, Beadon Road, Salcombe, TQ8 8JTBeaufort, Beadon Road, Salcombe, TQ8 8JT
- Sold Sep 2007£890,000 | 4 Bed HouseHawks Ridge, Moult Hill, Salcombe, TQ8 8LFHawks Ridge, Moult Hill, Salcombe, TQ8 8LF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Binnacle House, Salcombe as the 18th largest and the 18th most expensive of the 23 addresses on Moult Hill, Salcombe, TQ8.
Against the TQ8 postcode district average, it is £1.004m more expensive than the typical property.
More reading links
Schools Nearby
- 1.3kmSalcombe Church of England Primary School
- 2.7kmMalborough with South Huish Church of England Primary School
- 5.4kmCharleton Church of England Academy
- 5.9kmKingsbridge Academy
- 20.6kmIvybridge Community College
- 24.2kmKing Edward VI Community College
More reading links
Public Transport Nearby
Ivybridge station is the nearest stop to Binnacle House, Salcombe at 20.3 kilometres away.
- 20.3kmIvybridge
- 24.1kmTotnes
- 27.9kmPaignton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
