Richmond, Salcombe
Richmond, Salcombe
Description & Estimates
Richmond, Salcombe is recorded publicly as a mid-century freehold house across 1,883 ft2 of internal area, sitting on a 1,005 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Richmond, Salcombe is £1,569,287 and its rental estimate is £2,898 per month, given the available information and assuming reasonable condition.
Main Road, Salcombe, TQ8 falls within the TQ8 postal district, in the borough of South Hams.
Our Data Sources
Richmond, Salcombe has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated June 2018.
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.
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 Richmond, Salcombe, we estimate a market value of £1,647,751 and a rental value of £3,043 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,459,437 and £2,695 per month respectively.
Recent Market Change
Over the last year, Richmond, Salcombe has seen its estimated sale value drop by £48,299 (3.1%) and its estimated rental value rise by £131 per month (4.5%). This results in an estimated gross rental yield of 2.2%.
Plot Size
HM Land Registry records the plot of land for Richmond, Salcombe as measuring 1,005 m2.
That makes it the 12th largest plot in the postcode, where 25 of the 26 other houses have recorded plot data.
Energy Efficiency
Richmond, Salcombe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Richmond, Salcombe completed on 15th April 2019 at £925,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 6.4% over the period since April 2019.
- Sold Apr 2019£925,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Richmond, Salcombe have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2023, was Spindrift, Sandhills Road, Salcombe, TQ8 8JP, a freehold house which sold for £1,575,000.
Read more about house prices in TQ8.
- Sold Aug 2023£1,575,000 | 5 Bed HouseSpindrift, Sandhills Road, Salcombe, TQ8 8JPSpindrift, Sandhills Road, Salcombe, TQ8 8JP
- Sold Jun 2022£1,900,000 | 4 Bed HouseLammas Coombe, Main Road, Salcombe, TQ8 8JWLammas Coombe, Main Road, Salcombe, TQ8 8JW
- Sold May 2017£1,085,000 | 5 Bed HouseOut Set, Main Road, Salcombe, TQ8 8JWOut Set, Main Road, Salcombe, TQ8 8JW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 52 addresses on Main Road, Salcombe, TQ8, Richmond, Salcombe comes out as the 19th largest and the 18th most expensive in our analysis of the public data.
It is also £667k more expensive than the average property across the TQ8 district.
More reading links
Schools Nearby
- 600mSalcombe Church of England Primary School
- 2.6kmMalborough with South Huish Church of England Primary School
- 4.7kmCharleton Church of England Academy
- 5.3kmKingsbridge Academy
- 20.1kmIvybridge Community College
- 23.5kmKing Edward VI Community College
More reading links
Public Transport Nearby
From Richmond, Salcombe, the nearest station is Ivybridge, 19.9 kilometres away.
- 19.9kmIvybridge
- 23.4kmTotnes
- 27.1kmPaignton
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.
