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Company No. 11113204
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According to the public record, Muffins, Salcombe is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,201 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Muffins, Salcombe is £976,576 and the estimated rental value is £2,399 per month.
Devon Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
Muffins, Salcombe has 21 entries in the Land Registry , most recently in January 2016 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 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 Muffins, Salcombe is in very good condition we estimate a sale value of £1,025,405 and a rental value of £2,518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £908,216 and a rental value of £2,231 per month.
Over the last 12 months the sale value of Muffins Salcombe has decreased by an estimated £14,276 (1.5%) and its rental value has increased by an estimated £138 per month (5.8%), giving an expected gross yield of 2.9%.
According to HM Land Registry, Muffins, Salcombe was last sold on 27th January 2016 for £700,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2016, the market for similar properties has risen 38.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Muffins, Salcombe within a radius of 1.6 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, Muffins, Salcombe is the 74th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in TQ8.
The closest station to Muffins, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Muffins, 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 Muffins, 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 Muffins, 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 Muffins, 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 Muffins, 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.
