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According to the public record, Flat 2, Blue Waters, Salcombe is a period leasehold apartment with 850 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 2, Blue Waters, Salcombe is £564,263 and the estimated rental value is £3,025 per month.
The apartment is within Blue Waters, Devon Road, Salcombe, TQ8.
Devon Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
Flat 2, Blue Waters, Salcombe has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated January 2022.
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 Flat 2, Blue Waters, Salcombe is in very good condition we estimate a sale value of £592,476 and a rental value of £3,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,765 and a rental value of £2,814 per month.
Over the last 12 months the sale value of Flat 2 Blue Waters Salcombe has decreased by an estimated £15,835 (2.8%) and its rental value has increased by an estimated £130 per month (4.3%), giving an expected gross yield of 6.4%.
Flat 2, Blue Waters, Salcombe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Blue Waters, Salcombe was last sold on 12th August 2022 for £667,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Blue Waters, Salcombe within a radius of 1.3 kilometres over the last 2 years.
The most recent example is Flat 3, Blue Waters, Devon Road, Salcombe, TQ8 8HJ, a leasehold flat which sold for £560,000 on the 8th July 2024.
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 2, Blue Waters, Salcombe is the 113th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £393k less expensive than the average property in TQ8.
The closest station to Flat 2, Blue Waters, Salcombe is Ivybridge station which is 20.0 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 Flat 2, Blue Waters, Salcombe, 67.4% of property is privately owned outright and 18.6% 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 2, Blue Waters, Salcombe, 2.1% of residents are recorded as possessing school level qualifications and 55.7% 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 2, Blue Waters, 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 2, Blue Waters, 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 2, Blue Waters, Salcombe, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
