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House Prices in PL11 House Prices in PL11 (Torpoint)

The average house price in PL11 (Torpoint) is £189,831 using HM Land Registry data.

The average property price increased by £55,759 (26.83%) over the last 5 years and increased by £11,172 (4.03%) over the last 12 months.

Over the last year, there were 129 residential property sales – a decrease of 44 transactions (-34.11%) relative to the previous year. The majority of house sales (47) were in the £110,000 - £214,000 range. Then came properties in the £214,000 - £318,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,017 (-2%).

In Oct 24, there were 25 new estate agency instructions, 19 agreed home sales and 17 property price reductions.

Nearby Postcodes: EX20, EX21, EX22, EX23, PL1, PL10, PL12, PL13, PL14, PL15, PL16, PL17, PL18, PL19, PL2, PL20, PL21, PL22, PL23, PL24, PL25, PL26, PL27, PL28, PL29, PL3, PL30, PL32, PL4, PL5, PL6, PL7, PL8, PL9, PL95, TQ10, TQ11, TQ13, TQ7, TQ9, TR2, TR8, TR9

5-Year Average Property Prices in PL11 (Torpoint)

26.83%

Property prices in Torpoint increased by 26.83% 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 PL11 (Torpoint) Over the Last Year

4.03%

Property prices in Torpoint increased by 4.03% 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 PL11 (Torpoint) - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 PL11 (Torpoint)

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 PL11 (Torpoint)

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 PL11 (Torpoint)

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 PL11 (Torpoint) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL11 postcode area since 1995.

Recent Sales in PL11 (Torpoint)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Roeselare Avenue, Torpoint, Cornwall, PL11 2LN£295,000£282,500-£12,50027 Feb 202412 Aug 2024167 Days
Ground Floor Flat, 76, Antony Road, Torpoint, Cornwall, PL11 2JU£98,500£80,000-£18,50010 Dec 201808 Aug 20242068 Days
17 Cross Park, Crafthole, Torpoint, Cornwall, PL11 3BH£390,000£380,000-£10,00009 Apr 202401 Aug 2024114 Days
22 Cedar Close, Torpoint, Cornwall, PL11 2QH£190,000£186,500-£3,50012 Apr 202426 Jul 2024105 Days
55 Sycamore Drive, Torpoint, Cornwall, PL11 2NA£325,000£310,000-£15,00008 Mar 202428 Jun 2024112 Days
27 Clegg Avenue, Torpoint, Cornwall, PL11 2DR£115,000£115,000£0002 Feb 202424 Jun 2024143 Days
2 Hamoaze Road, Torpoint, Cornwall, PL11 2ED£200,000£190,000-£10,00028 Dec 202321 Jun 2024176 Days
54 Peacock Avenue, Torpoint, Cornwall, PL11 2EY£375,000£370,000-£5,00013 Oct 202306 Jun 2024237 Days
12 Sconner Road, Torpoint, Cornwall, PL11 2LJ£250,000£245,000-£5,00012 Dec 202306 Jun 2024177 Days
31a, Trevorder Road, Torpoint, Cornwall, PL11 2NS£139,000£139,000£0022 Jan 202431 May 2024130 Days
50 Clarence Road, Torpoint, Cornwall, PL11 2LT£160,000£150,000-£10,00004 Oct 202231 May 2024605 Days
27 Trevithick Avenue, Torpoint, Cornwall, PL11 2PX£275,000£275,000£0006 Nov 202310 May 2024186 Days
23 Primrose Close, Torpoint, Cornwall, PL11 2JF£165,000£165,000£0015 Dec 202303 May 2024140 Days
6 Kynance Close, Torpoint, Cornwall, PL11 2QP£165,000£162,000-£3,00006 Feb 202430 Apr 202484 Days
72 North Road, Torpoint, Cornwall, PL11 2DU£230,000£220,000-£10,00019 Sep 202310 Apr 2024204 Days
32 Morweth Court, Downderry, Torpoint, Cornwall, PL11 3JP£180,000£170,000-£10,00006 Dec 202308 Apr 2024124 Days
10 Kempton Terrace, Torpoint, Cornwall, PL11 2DQ£225,000£220,000-£5,00010 Jan 202428 Mar 202478 Days
Hessenford Farmhouse, Fore Street, Hessenford, Torpoint, Cornwall, PL11 3HP£260,000£255,000-£5,00017 Oct 202328 Mar 2024163 Days
9 Carbeile Road, Torpoint, Cornwall, PL11 2EB£385,000£385,000£0026 Jan 202427 Mar 202461 Days
68 Woodland Way, Torpoint, Cornwall, PL11 2TQ£220,000£210,000-£10,00018 Apr 202322 Mar 2024339 Days

Most Expensive Streets in PL11 (Torpoint)

PostcodeStreetAreaAverageNo. of Sales
PL11 3JQLooe Hill, SeatonTorpoint£1,326,0005
PL11 3JADownderryTorpoint£1,072,46812
PL11 3LZTop Road, DownderryTorpoint£780,0003
PL11 3BPPortwrinkleTorpoint£775,0004
PL11 3LGWest Camps Bay, DownderryTorpoint£766,0004
PL11 3LWDownderryTorpoint£754,9166
PL11 2RDCove Meadow, WilcoveTorpoint£721,6663
PL11 3NQButtlegate, DownderryTorpoint£603,7506
PL11 3BWBurns View, CraftholeTorpoint£595,0003
PL11 2PHWilcoveTorpoint£516,6663

Least Expensive Streets in PL11 (Torpoint)

PostcodeStreetAreaAverageNo. of Sales
PL11 2HQKernow CloseTorpoint£66,5427
PL11 2BUHarvey StreetTorpoint£88,8754
PL11 2JSAntony RoadTorpoint£107,5003
PL11 2BZWestlake CloseTorpoint£122,4449
PL11 2DPAdams CrescentTorpoint£128,4005
PL11 2NSTrevorder RoadTorpoint£134,6669
PL11 2QHCedar CloseTorpoint£139,5659
PL11 2DRClegg AvenueTorpoint£142,8577
PL11 2RBMarine Court, Marine DriveTorpoint£147,0008
PL11 3JNMount Brioni Holiday Apartments, Looe HillTorpoint£149,5003

Explore PL11 (Torpoint) using map

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