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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, Powderham Villa, Salcombe is £946,804 and the estimated rental value is £2,370 per month.
The apartment is within Powderham Villa, Devon Road, Salcombe, TQ8.
Devon Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
Flat 2, Powderham Villa, Salcombe has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated July 2014.
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 2, Powderham Villa, Salcombe is in very good condition we estimate a sale value of £994,145 and a rental value of £2,488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £880,528 and a rental value of £2,204 per month.
Over the last 12 months the sale value of Flat 2 Powderham Villa Salcombe has decreased by an estimated £29,329 (3.1%) and its rental value has increased by an estimated £109 per month (4.6%), giving an expected gross yield of 3%.
Flat 2, Powderham Villa, Salcombe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jul 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Powderham Villa, Salcombe was last sold on 23rd March 2016 for £505,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has dropped 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Powderham Villa, Salcombe within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 55A, Fore Street, Salcombe, TQ8 8JE, a leasehold flat which sold for £1,025,000 on the 24th November 2023.
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, Powderham Villa, Salcombe is the 71st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in TQ8.
The closest station to Flat 2, Powderham Villa, Salcombe is Ivybridge station which is 19.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Powderham Villa, 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, Powderham Villa, 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, Powderham Villa, 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, Powderham Villa, 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, Powderham Villa, 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.