Tuesday, 27 November 2007

Salcombe House Prices Fall

I am quite amazed by this, it is the first time I have seen any significant drop in house prices in Salcombe for 20 years?? (I could be wrong?). This data is accurate as it is from the National Land Registry and covers the last year. Strange how terraced houses have bucked the trend by rising.....flat prices have dropped by a quarter!!!!

Detached House
Price £641,999
Annual Price Change -15.16%
No. Of Sales 11
National Average £352,484

Semi-Detached House
Price £511,500
Annual Price Change n/a
No. Of Sales 6
National Average £204,306

Terraced
Price £384,666
Annual Price Change 16.7%
No. Of Sales 3
National Average £181,863

Flat/Maisonette
Price £413,000
Annual Price Change -24.49%
No. Of Sales 8
National Average £209,042

Could this be the end for the Salcombe property market?

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