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According to the public record, Flat 1, Shaws Corner, Salcombe is a period leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Shaws Corner, Salcombe is £437,046 and the estimated rental value is £2,548 per month.
The apartment is within Shaws Corner, Devon Road, Salcombe, TQ8.
Devon Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
Flat 1, Shaws Corner, Salcombe has 31 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property 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 Flat 1, Shaws Corner, Salcombe is in very good condition we estimate a sale value of £458,898 and a rental value of £2,675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,453 and a rental value of £2,370 per month.
Over the last 12 months the sale value of Flat 1 Shaws Corner Salcombe has decreased by an estimated £12,265 (2.8%) and its rental value has increased by an estimated £110 per month (4.3%), giving an expected gross yield of 7%.
Flat 1, Shaws Corner, Salcombe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 1, Shaws Corner, Salcombe was last sold on 6th November 2018 for £405,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2018, the market for similar properties has dropped 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Shaws Corner, Salcombe within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 71A, Fore Street, Salcombe, TQ8 8BU, a leasehold flat which sold for £597,500 on the 28th April 2021.
Read more about house prices in TQ8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Road, Salcombe, TQ8 has a total of 153 addresses. According to our analysis of all the public data, Flat 1, Shaws Corner, Salcombe is the 106th largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £520k less expensive than the average property in TQ8.
The closest station to Flat 1, Shaws Corner, Salcombe is Ivybridge station which is 20.1 kilometres away.
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 Flat 1, Shaws Corner, 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 Flat 1, Shaws Corner, 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 Flat 1, Shaws Corner, 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 Flat 1, Shaws Corner, 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 Flat 1, Shaws Corner, 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.
