House Prices in TQ11 House Prices in TQ11 (Buckfastleigh)

The average house price in TQ11 (Buckfastleigh) is £211,666 using HM Land Registry data.

The average property price increased by £58,985 (14.02%) over the last 5 years and increased by £11,819 (2.3%) over the last 12 months.

Over the last year, there were 32 residential property sales – a decrease of 20 transactions (-62.50%) relative to the previous year. The majority of house sales (10) were in the £182,000 - £234,000 range. Then came properties in the £130,000 - £182,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,583 (-6%).

In Oct 24, there were 9 new estate agency instructions, 6 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in TQ11 (Buckfastleigh)

14.02%

Property prices in Buckfastleigh increased by 14.02% 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 TQ11 (Buckfastleigh) Over the Last Year

2.3%

Property prices in Buckfastleigh increased by 2.3% 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 TQ11 (Buckfastleigh) - 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 TQ11 (Buckfastleigh)

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 TQ11 (Buckfastleigh)

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 TQ11 (Buckfastleigh)

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 TQ11 (Buckfastleigh) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TQ11 postcode area since 1995.

Recent Sales in TQ11 (Buckfastleigh)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Jordan Street, Buckfastleigh, Devon, TQ11 0AU£349,950£300,000-£49,95023 Jan 202409 Aug 2024199 Days
35 Fore Street, Buckfastleigh, Devon, TQ11 0AA£210,000£210,000£0007 Mar 202409 Aug 2024155 Days
9 Station Road, Buckfastleigh, Devon, TQ11 0BU£165,000£165,000£0022 May 202431 Jul 202470 Days
76 Barn Park, Buckfastleigh, Devon, TQ11 0AT£245,000£240,000-£5,00003 Apr 202422 Jul 2024110 Days
18 Jordan Street, Buckfastleigh, Devon, TQ11 0AU£220,000£220,000£0027 Nov 202317 May 2024172 Days
71a, Fore Street, Buckfastleigh, Devon, TQ11 0BS£219,950£210,000-£9,95023 Oct 202330 Apr 2024190 Days
12 Orchard Terrace, Buckfastleigh, Devon, TQ11 0AH£199,999£199,999£0013 Jul 202311 Mar 2024242 Days
26 Fore Street, Buckfastleigh, Devon, TQ11 0AA£189,950£189,000-£95005 May 202312 Jan 2024252 Days
9 Station Road, Buckfastleigh, Devon, TQ11 0BU£165,000£165,000£0014 Oct 202305 Jan 202483 Days
48 Plymouth Road, Buckfastleigh, Devon, TQ11 0DH£125,000£118,500-£6,50025 Jul 202301 Dec 2023129 Days
14a, Fore Street, Buckfastleigh, Devon, TQ11 0BT£199,950£190,000-£9,95009 Jun 202323 Nov 2023167 Days
7 Crest Hill, Buckfastleigh, Devon, TQ11 0AN£180,000£175,000-£5,00013 Jun 202310 Nov 2023150 Days
15 Elliott Plain, Buckfastleigh, Devon, TQ11 0BZ£180,000£164,000-£16,00012 Jul 202310 Nov 2023121 Days
12 Elliott Plain, Buckfastleigh, Devon, TQ11 0BZ£150,000£116,000-£34,00031 Jul 202317 Oct 202378 Days
8 Abbey Grange Close, Buckfast, Buckfastleigh, Devon, TQ11 0EU£475,000£455,000-£20,00019 Mar 202317 Oct 2023212 Days
25 Bossell Park, Buckfastleigh, Devon, TQ11 0DX£160,000£160,000£0001 Jun 202329 Sep 2023120 Days
1 Timbers Close, Buckfastleigh, Devon, TQ11 0DR£395,000£390,000-£5,00007 Jun 202311 Sep 202396 Days
18 Dart Bridge Road, Buckfastleigh, Devon, TQ11 0DY£500,000£475,000-£25,00024 Oct 202211 Sep 2023322 Days
1 - 2, Newcause, Buckfastleigh, Devon, TQ11 0AZ£435,000£435,000£0024 May 202303 Aug 202371 Days
73 Oaklands Park, Buckfastleigh, Devon, TQ11 0BP£287,500£277,500-£10,00030 Mar 202306 Jul 202398 Days

Most Expensive Streets in TQ11 (Buckfastleigh)

PostcodeStreetAreaAverageNo. of Sales
TQ11 0NLDuckspond RoadBuckfastleigh£757,5003
TQ11 0EHGrange Road, BuckfastBuckfastleigh£560,5093
TQ11 0ESHembury Park, BuckfastBuckfastleigh£405,0003
TQ11 0NJFullaford ParkBuckfastleigh£399,5005
TQ11 0DDBossell RoadBuckfastleigh£387,6663
TQ11 0LXHigher DeanBuckfastleigh£376,6663
TQ11 0DYDart Bridge RoadBuckfastleigh£367,5004
TQ11 0AXJordan StreetBuckfastleigh£329,0003
TQ11 0HTCoombeBuckfastleigh£301,3503
TQ11 0BYOld Totnes RoadBuckfastleigh£301,0005

Least Expensive Streets in TQ11 (Buckfastleigh)

PostcodeStreetAreaAverageNo. of Sales
TQ11 0BZElliott PlainBuckfastleigh£144,0404
TQ11 0DXBossell ParkBuckfastleigh£162,3758
TQ11 0BTFore StreetBuckfastleigh£169,0006
TQ11 0PRDartbridge ManorBuckfastleigh£170,0003
TQ11 0ABChapel StreetBuckfastleigh£170,4916
TQ11 0AHOrchard TerraceBuckfastleigh£171,5163
TQ11 0AAFore StreetBuckfastleigh£179,38013
TQ11 0DLGipsy LaneBuckfastleigh£193,3163
TQ11 0DHPlymouth RoadBuckfastleigh£195,15311
TQ11 0BUStation RoadBuckfastleigh£196,3586

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