Flat 2, The Old Stores, Salcombe has 2 entries in the Land Registry database, most recently in February 2021 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 Flat 2, The Old Stores, Salcombe is in very good condition we estimate a sale value of £459,384 and rental value of £1,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,883 and a rental value of £1,615 per month.
According to HM Land Registry, Flat 2, The Old Stores, Salcombe was last sold on 02 Feb 2021 for £368,750 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Old Stores, Salcombe within a radius of 378m over the last 2 years.
The most recent example is Flat 3, Melbury, Devon Road, Salcombe, TQ8 8HJ, a Leasehold flat which sold for £375,000 in Aug 2018.
Read more about house prices in TQ8.
Raleigh Road, Salcombe, TQ8 has a total of 40 addresses. According to our analysis of all the public data, Flat 2, The Old Stores, Salcombe is the 20th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £578k less expensive than the average property in TQ8.
Flat 2, The Old Stores, Salcombe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, Flat 2, The Old Stores, Salcombe is a modern leasehold apartment and with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Old Stores, Raleigh Road, Salcombe, TQ8.
Raleigh Road, Salcombe, TQ8 is located in the borough of South Hams within the TQ8 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 The Old Stores Salcombe as £437,508 and the rental value as £1,736 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 2 The Old Stores Salcombe has decreased by £14,269 (3.3%) and its rental value has increased by £50 per month (2.9%).
The closest station to Flat 2, The Old Stores, Salcombe is Ivybridge station which is 19.7 km away.