Average Price for property in Salcombe is around £593,138 which varies based on type of property you are interested in and ranges from £782,612 for detached house to around £480,983 for semi-detached. Similarly terraced house is around £486,734 and a flat is worth £485,198. Values have been changing and have risen £61 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,520 in last 6 months, £44,685 in last 1 year, £59,990 in last 2 years, £66,210 in last 3 years, £37,170 in last 4 years and £42,076 in last 5 years.
Currently average asking price of a property in Salcombe is around £702,741 based on approximately 79 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £709 per month.
Estimated property value in Salcombe is £593,138. Average asking price is £702,741 while average price paid is £711,734 which is up by £44,685 and Avg. asking rent £709.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Salcombe area. In last 1 year alone average price buyer paid is around £711,734 based on approximately 79 sales in Salcombe area alone. If you compare it to last 3 years sales of 196 properties where buyers paid around £629,627. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £599,950 for 313 and average amount paid for purchase of approx. 398 properties sold in last 7 years comes to about £579,372 per sale.