Salcombe's New Official Tourist Web Site

At last a decent web site for Salcombe. Virtual Salcombe is ok but no-one ever seems to update it. Hopefully as this is the Official Tourist Information site it will be kept up to date regularly.

Salcombe bags ANOTHER Clothes shop!

Where will it all end? Now Henri Lloyd have opened in Salcombe...

Can anyone remember when "Crew" was "Salcombe Chandlers" and actually sold shackles and rope??? Seems an age away now. I have heard a shackle can be bought on Island Street but be quick as the clothes shops are spreading there too!

Soon you wont only not be able to buy food in Salcombe but also chandlery...It will be a trip to Kingsbridge. Anyone visiting in a Yacht will up the creek! Literally!

Salcombe feels bite of "City" bonuses.

As if by magic there was an article on "Times Online" yesterday outlining exactly my last post!

Apparently the huge reduction in city bonuses expected this year, down from £5.5 billion to £2 billion (a 60% fall) is hitting the property market of trendy seaside towns like Salcombe, nicknamed "the red trouser belt", very hard...

Over the past 10 years the average house price rise in these seaside towns is a staggering 287%!

The Times goes on to say:

"Top-performing towns in the red trouser belt are seaside resorts, such as Padstow and Rock in Cornwall and Salcombe in Devon, that are within a four-hour drive for a Friday night commute, typically made by City husbands visiting families left in the holiday home for much of the long summer holidays. The areas have also earned some notoriety by attracting hordes of underage drinkers from public schools."

I think the under age drinking tag that they have given Salcombe is a bit unfair, it's nothing like it was in the summers when I was growing up there and the average age in The Ferry was 15 & the average number of pints of "Tally Ho" consumed was also 15!!! Good old Bob.....

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?