Parish Housing Profiles

Housing

• Average property prices of £1,192,706 in 2022, increasing from £910,884 in 2021.
• The parish has 574 second homes, and 299 holiday lets - 45.3% of the total dwellings in the parish. 
• 12.6% of homes are 1 bedroom properties, 21.4%are 2 bedrooms, 37.7% are 3 bedrooms, 28.4% are 4 or more (which is higher than the average for England and Wales). 
• Occupancy ratings for bedrooms:
  • 52.4% have 2 or more spare bedrooms
  • 25.4% have 1 spare bedroom
  • 20.9% have the right amount of bedrooms for their households
  • 1.1% are lacking 1 bedroom
  • 0.1% are lacking 2 or more bedrooms

Renting in Salcombe

• Average 3 bed rental prices of £1,300 per calendar month between 2020 and 2022 (median).
• The maximum Local Housing Allowance is £728 per month for a 3 bed property.
• In the TQ8 postcode area, there has been a 48.1% increase in demand for rental properties, whilst there has been a 50% increase in available listings, in the period between Oct 22 and Oct 23.
• During the same period, there has been a 53.3% decrease in the asking price on Rental Properties in the TQ8 postcode area.

Affordable housing

• Current stock (approximate): Live West -102 rented accommodation. 40 sheltered properties suited for households with additional mobility needs.
• Turnover of stock between Jan 2019 and Apr 2023 included 28 x 1 beds, 16 x 2 beds, and 1 x 3 bed properties.

Devon Home Choice

• 34 applicants registered with a local connection through residence.
• 13 applicants registered with a local connection through immediate family connection and 13 with local connection through employment.
• The average income of households registered with Devon Home Choice with a local connection to Salcombe is £20,000 annually (median).

Salcombe Church of England Primary School

• Salcombe Church of England Primary School provides for children aged 2 years until 11 years.
• The number of children enrolled at the school has increased in recent years. It remains around the level of the school’s capacity of 91 pupils.
• The percentage of children eligible for Free School Meals has also increased. This is an indicator of income and affordability of essential provisions.

From the census

• 27.7% travel less than 10km to their work place. 30.6% work mainly from home.
• 46% of the parish population are economically active and in employment, 2.2% are unemployed. 51.8% are economically inactive compared to the average for Devon at 43.6%.
• 51.7% of households own their home outright, compared to the 42.2% average for Devon and the 45% average for the South Hams. 19.4% own with mortgage or shared ownership, 18.6% social rent their properties, 10.3% private rent or live rent free.
• 38.5% of households in the parish are single person households. 42.7% are two people households, which is above the average for England (34%). 9% are three person households, and 9.8% are four or more person households.
• 91.2% provide no unpaid care. 2.1% provide 50 or more hours of unpaid care a week. 1.5% provide 20 to 49 hours a week, and 5.1% provide 19 hours or less a week.
• 56.2% of households are not deprived in any dimension, which is above the average for England, at 48.4%. 29.8% are deprived in one dimension, and 11.7% deprived in two dimensions.