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According to the public record, The Tower, Salcombe is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,963 ft2 of internal area and sits on a 321 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Tower, Salcombe is £1,377,333 and the estimated rental value is £3,822 per month.
Devon Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
The Tower, Salcombe has a single entry in the Land Registry from March 2010 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 The Tower, Salcombe is in very good condition we estimate a sale value of £1,446,200 and a rental value of £4,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,280,920 and a rental value of £3,555 per month.
Over the last 12 months the sale value of The Tower Salcombe has decreased by an estimated £65,971 (4.8%) and its rental value has increased by an estimated £112 per month (2.9%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, The Tower, Salcombe sits on a plot of 321m2.
We have plot size data on 15 out of 21 other houses in the postcode and The Tower, Salcombe sits on the 13th largest plot.
According to HM Land Registry, The Tower, Salcombe was last sold on 5th March 2010 for £950,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 64.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Tower, Salcombe within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Tor Crest, Bonaventure Road, Salcombe, TQ8 8BG, a freehold house which sold for £1,999,999 on the 9th December 2021.
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 Tower, Salcombe is the 22nd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £420k more expensive than the average property in TQ8.
The closest station to The Tower, 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 The Tower, 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 Tower, 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 Tower, 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 Tower, 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 Tower, 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.
