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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, The Lodge, Salcombe is a period freehold house with 2,830 ft2 of internal area and sits on a 331 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Lodge, Salcombe is £1,212,653 and the estimated rental value is £4,853 per month.
Devon Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
The Lodge, Salcombe has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated June 2022.
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 The Lodge, Salcombe is in very good condition we estimate a sale value of £1,273,286 and a rental value of £5,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,127,768 and a rental value of £4,513 per month.
Over the last 12 months the sale value of The Lodge Salcombe has decreased by an estimated £58,083 (4.8%) and its rental value has increased by an estimated £142 per month (2.9%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, The Lodge, Salcombe sits on a plot of 331m2.
The Lodge, Salcombe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jun 2022.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, The Lodge, Salcombe was last sold on 19th August 2022 for £1,555,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Lodge, Salcombe within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Vermilion, Herbert Road, Salcombe, TQ8 8HN, a freehold house which sold for £1,200,000 on the 23rd August 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, The Lodge, Salcombe is the 7th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £256k more expensive than the average property in TQ8.
The closest station to The Lodge, Salcombe is Ivybridge station which is 19.9 kilometres away.
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 The Lodge, 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 The Lodge, 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 The Lodge, 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 The Lodge, 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 The Lodge, 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.
