FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Salcombe

Salcombe House Prices Salcombe House Prices

The average house price in Salcombe is £1,059,000 using HM Land Registry data.

The average property price increased by £548,752 (81.9%) over the last 5 years and increased by £109,674 (9.89%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 10 transactions (-20.00%) relative to the previous year. The majority of house sales (11) were in the £380,000 - £624,000 range. Then came properties in the £624,000 - £868,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,000 (-1%).

In April 2024, there were 14 new estate agency instructions, 6 agreed home sales and 3 property price reductions.

Postcodes Covered: TQ8

5-Year Average Property Prices in Salcombe

81.9%

Property prices in Salcombe increased by 81.9% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Salcombe Over the Last Year

9.89%

Property prices in Salcombe increased by 9.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Salcombe - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Salcombe

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Salcombe

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Salcombe

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Salcombe since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Salcombe area since 1995.

Recent Property Sales in Salcombe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Top Sail, Ocean Court, Devon Road, Salcombe, Devon, TQ8 8HJ£850,000£850,000£0021 May 202307 Feb 2024262 Days
7 Croft Road, Salcombe, Devon, TQ8 8DZ£850,000£815,000-£35,00023 May 202312 Dec 2023203 Days
3 Beadon Road, Salcombe, Devon, TQ8 8LX£495,000£440,000-£55,00016 Jun 202304 Dec 2023171 Days
9 Round Berry Drive, Salcombe, Devon, TQ8 8LY£550,000£550,000£0018 Aug 202330 Nov 2023104 Days
The Pines, Main Road, Salcombe, Devon, TQ8 8JW£3,500,000£3,350,000-£150,00028 Jun 202314 Nov 2023139 Days
44 Devon Road, Salcombe, Devon, TQ8 8HE£1,250,000£1,250,000£0021 Apr 202315 Sep 2023147 Days
10 Courtenay Street, Salcombe, Devon, TQ8 8DQ£1,300,000£1,300,000£0004 Aug 202325 Aug 202321 Days
Steppings, Main Road, Salcombe, Devon, TQ8 8AA£650,000£610,000-£40,00012 May 202325 Aug 2023105 Days
Flat 3, St Elmo Court, Sandhills Road, Salcombe, Devon, TQ8 8JP£925,000£920,000-£5,00031 Jul 202314 Aug 202314 Days
Ash Tree House, Knowle Road, Salcombe, Devon, TQ8 8EQ£995,000£990,000-£5,00015 Feb 202311 Aug 2023177 Days
18 Loring Road, Salcombe, Devon, TQ8 8AT£295,000£295,000£0021 Dec 202201 Aug 2023223 Days
Flat 3, Hazeldene, Sandhills Road, Salcombe, Devon, TQ8 8JP£650,000£590,000-£60,00031 Jan 202331 Jul 2023181 Days
Ambleside, Herbert Road, Salcombe, Devon, TQ8 8HN£1,325,000£1,300,000-£25,00020 Jun 202314 Jul 202324 Days
St Winnow, Kingsale Road, Salcombe, Devon, TQ8 8AS£825,000£815,000-£10,00020 Jun 202314 Jul 202324 Days
Overdale, Main Road, Salcombe, Devon, TQ8 8JW£1,200,000£1,200,000£0026 Feb 202330 May 202393 Days
Amberley, Kingsale Road, Salcombe, Devon, TQ8 8AS£700,000£695,000-£5,00006 Oct 202206 Apr 2023182 Days
Amberley, Kingsale Road, Salcombe, Devon, TQ8 8AS£700,000£695,000-£5,00016 Mar 202306 Apr 202321 Days
Grenville Cottage, Grenville Road, Salcombe, Devon, TQ8 8BJ£1,250,000£1,250,000£0014 Sep 202205 Apr 2023203 Days
67a, Fore Street, Salcombe, Devon, TQ8 8BU£475,000£433,000-£42,00031 Aug 202216 Feb 2023169 Days
3 Round Berry Drive, Salcombe, Devon, TQ8 8LY£475,000£430,500-£44,50010 Jun 202202 Dec 2022175 Days

Most Expensive Streets in Salcombe

PostcodeStreetAreaAverageNo. of Sales
TQ8 8APFortescue RoadSalcombe£2,637,7504
TQ8 8LFMoult HillSalcombe£2,166,6663
TQ8 8JWMain RoadSalcombe£1,880,3577
TQ8 8GYEsturaSalcombe£1,835,0004
TQ8 8JQCliff RoadSalcombe£1,758,3333
TQ8 8JJBennett RoadSalcombe£1,645,8333
TQ8 8BEBonaventure RoadSalcombe£1,618,7504
TQ8 8BGBonaventure RoadSalcombe£1,516,6666
TQ8 8JPSandhills RoadSalcombe£1,395,43914
TQ8 8LLBolt HeadSalcombe£1,322,2229

Least Expensive Streets in Salcombe

PostcodeStreetAreaAverageNo. of Sales
TQ8 8AXCamperdown RoadSalcombe£303,1254
TQ8 8HTAlbany HouseAllenhayes Road£332,6753
TQ8 8FFMcilwraith RoadSalcombe£373,3333
TQ8 8BUFore StreetSalcombe£383,5003
TQ8 8ADMain RoadSalcombe£408,3333
TQ8 8LYRound Berry DriveSalcombe£438,8754
TQ8 8DEMarket StreetSalcombe£465,0005
TQ8 8DPIsland StreetSalcombe£533,2147
TQ8 8HACourtenay TerraceSalcombe£535,0003
TQ8 8ASKingsale RoadSalcombe£547,8128

Explore Salcombe and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Devon
Property Auctions Devon
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark