According to the public record, Driftwood, Salcombe is a modern freehold house and with 5,015 ft2 of internal area and sits on a 803 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fortescue Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
Driftwood, Salcombe has a single entry in the Land Registry database from September 2022 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Driftwood Salcombe as £3,622,158 and the rental value as £8,451 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Driftwood Salcombe has decreased by £152,528 (4.2%) and its rental value has increased by £160 per month (1.9%).
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 Driftwood, Salcombe is in very good condition we estimate a sale value of £3,803,266 and rental value of £8,873 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,368,607 and a rental value of £7,859 per month.
According to data from HM Land Registry, Driftwood, Salcombe sits on a plot of 803m2.
We have plot size data on 14 out of 19 other houses in the postcode and Driftwood, Salcombe sits on the 5th largest plot.
According to HM Land Registry, Driftwood, Salcombe was last sold on 30 Sep 2022 for £5,333,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has dropped 10.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Driftwood, Salcombe within a radius of 138m over the last 2 years.
The most recent example is Stoneleigh, Main Road, Salcombe, TQ8 8JW, a Freehold house which sold for £2,425,000 in Oct 2020.
Read more about house prices in TQ8.
Fortescue Road, Salcombe, TQ8 has a total of 19 addresses. According to our analysis of all the public data, Driftwood, Salcombe is the largest and the most expensive property on the street.
When compared to the postcode district it is £2.606m more expensive than the average property in TQ8.
Driftwood, Salcombe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Driftwood, Salcombe is Ivybridge station which is 19.9 km away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
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 Driftwood, Salcombe, 63.8% of property is privately owned outright and 19.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 Driftwood, Salcombe, 5.2% of residents are recorded as possessing school level qualifications and 45.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 Driftwood, Salcombe, 8.8% of property was a second home.
Comparison figures for This region 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 Driftwood, Salcombe, there are an average of 1.6 cars per household.
See below for how this compares to This region and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Driftwood, Salcombe, the average age was 50.9 and the most common age was 62.
The graph below shows how this compares to This region and the rest of England & Wales