Flat 3, Woodgrange
Flat 3, Woodgrange
Description & Estimates
Flat 3, Woodgrange, Salcombe appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 708 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Woodgrange, Salcombe is £564,021 and its rental estimate is £2,822 per month, given the available information and assuming reasonable condition.
Woodgrange, Devon Road is a residential building on Devon Road, Salcombe, TQ8 and falls within the TQ8 postal district and the borough of South Hams.
Our Data Sources
Flat 3, Woodgrange, Salcombe has a single entry in the Land Registry from March 2007 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, Woodgrange, Salcombe, we estimate a market value of £592,222 and a rental value of £2,963 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £524,539 and £2,624 per month respectively.
Recent Market Change
Over the last year, Flat 3, Woodgrange, Salcombe has seen its estimated sale value decrease by £20,762 (3.7%) and its estimated rental value grow by £115 per month (4.1%). This results in an estimated gross rental yield of 6.0%.
Sold Prices
The most recent sale of Flat 3, Woodgrange, Salcombe completed on 30th March 2007 at £305,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 51.4% over the period since March 2007.
- Sold Mar 2007£305,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Woodgrange, Salcombe have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2024, was Flat 3, Blue Waters, Devon Road, Salcombe, TQ8 8HJ, a leasehold flat which sold for £560,000.
Read more about house prices in TQ8.
- Sold Jul 2024£560,000 | 3 Bed FlatBlue Waters, Devon RoadFlat 3, Blue Waters, Devon Road, Salcombe, TQ8 8HJ
- Sold Mar 2020£420,000 | 2 Bed FlatDevon RoadLower Woodbourne, Devon Road, Salcombe, TQ8 8HJ
- Sold Dec 2013£470,000 | 2 Bed FlatBlue Waters, Devon RoadFlat 4, Blue Waters, Devon Road, Salcombe, TQ8 8HJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 153 addresses on Devon Road, Salcombe, TQ8, Flat 3, Woodgrange, Salcombe comes out as the 131st largest and the 115th most expensive in our analysis of the public data.
It is also £338k less expensive than the average property across the TQ8 district.
More reading links
Schools Nearby
- 500mSalcombe Church of England Primary School
- 3.1kmMalborough with South Huish Church of England Primary School
- 4.4kmCharleton Church of England Academy
- 5.2kmKingsbridge Academy
- 20.3kmIvybridge Community College
- 23.3kmKing Edward VI Community College
More reading links
Public Transport Nearby
From Flat 3, Woodgrange, Salcombe, the nearest station is Ivybridge, 20.0 kilometres away.
- 20.0kmIvybridge
- 23.2kmTotnes
- 26.7kmPaignton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
