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House Prices in TQ2 House Prices in TQ2 (Torquay)

The average house price in TQ2 (Torquay) is £224,014 using HM Land Registry data.

The average property price increased by £62,604 (34.52%) over the last 5 years and increased by £12,544 (4.93%) over the last 12 months.

Over the last year, there were 321 residential property sales – a decrease of 127 transactions (-39.56%) relative to the previous year. The majority of house sales (95) were in the £194,000 - £258,000 range. Then came properties in the £258,000 - £322,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,971 (-3%).

In Oct 24, there were 107 new estate agency instructions, 64 agreed home sales and 95 property price reductions.

Nearby Postcodes: EX20, EX6, EX7, PL19, PL20, PL21, TQ1, TQ10, TQ11, TQ12, TQ13, TQ14, TQ3, TQ4, TQ9

5-Year Average Property Prices in TQ2 (Torquay)

34.52%

Property prices in Torquay increased by 34.52% 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 TQ2 (Torquay) Over the Last Year

4.93%

Property prices in Torquay increased by 4.93% 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 TQ2 (Torquay) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 TQ2 (Torquay)

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 TQ2 (Torquay)

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 TQ2 (Torquay)

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 TQ2 (Torquay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TQ2 postcode area since 1995.

Recent Sales in TQ2 (Torquay)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Shide, Jacks Lane, Torquay, Torbay, TQ2 8QX£735,000£708,000-£27,00011 Sep 202321 Aug 2024345 Days
30 Kingfisher Close, Torquay, Torbay, TQ2 7TF£230,000£228,500-£1,50026 Mar 202414 Aug 2024141 Days
18 Pitcairn Crescent, Torquay, Torbay, TQ2 7GL£319,950£319,950£0021 May 202409 Aug 202480 Days
19 Marldon Road, Torquay, Torbay, TQ2 7EE£350,000£345,000-£5,00010 May 202409 Aug 202491 Days
8 Highland Close, Torquay, Torbay, TQ2 6NN£250,000£249,000-£1,00023 Apr 202402 Aug 2024101 Days
14 Winchester Avenue, Torquay, Torbay, TQ2 8AR£230,000£227,000-£3,00007 Feb 202426 Jul 2024170 Days
60 East Pafford Avenue, Torquay, Torbay, TQ2 8DA£280,000£275,000-£5,00004 Aug 202326 Jul 2024357 Days
24 Crownhill Rise, Torquay, Torbay, TQ2 5LR£250,000£227,000-£23,00026 Dec 202319 Jul 2024206 Days
8 Bench Tor Close, Torquay, Torbay, TQ2 7SH£237,500£230,000-£7,50013 Mar 202417 Jul 2024126 Days
15 Windward Road, Torquay, Torbay, TQ2 7GA£235,000£232,000-£3,00016 Apr 202417 Jul 202492 Days
3a, Coburg Place, Torquay, Torbay, TQ2 5SU£60,000£60,000£0017 May 202404 Jul 202448 Days
29 Upper Cockington Lane, Torquay, Torbay, TQ2 6LA£160,000£160,000£0006 Nov 202328 Jun 2024235 Days
Flat 1, Ennerdale, Tor Park Road, Torquay, Torbay, TQ2 5BQ£190,000£88,000-£102,00026 Oct 202221 Jun 2024604 Days
27 Coombe Road, Torquay, Torbay, TQ2 8EJ£299,950£298,000-£1,95008 Mar 202419 Jun 2024103 Days
25 Moor Lane Close, Torquay, Torbay, TQ2 8PL£207,500£197,000-£10,50013 Nov 202314 Jun 2024214 Days
27 Shiphay Park Road, Torquay, Torbay, TQ2 7DJ£400,000£382,500-£17,50018 Jan 202411 Jun 2024145 Days
34 Falmouth Close, Torquay, Torbay, TQ2 7SE£215,000£205,000-£10,00017 Oct 202311 Jun 2024238 Days
28 Fletcher Close, Torquay, Torbay, TQ2 6DD£275,000£275,000£0014 May 202405 Jun 202422 Days
7 Grosvenor Close, Torquay, Torbay, TQ2 7LB£350,000£342,500-£7,50012 Feb 202405 Jun 2024114 Days
26 Orkney Close, Torquay, Torbay, TQ2 7DS£210,000£195,000-£15,00008 Feb 202404 Jun 2024117 Days

Most Expensive Streets in TQ2 (Torquay)

PostcodeStreetAreaAverageNo. of Sales
TQ2 6RDHeadland RoadTorquay£1,708,3333
TQ2 6PRMeadow RoadTorquay£1,058,1254
TQ2 6QHTorbay RoadTorquay£930,0004
TQ2 6PNSeaway LaneTorquay£789,3333
TQ2 6PWSeaway LaneTorquay£758,3333
TQ2 6TEMead RoadTorquay£757,2504
TQ2 6TFMead RoadTorquay£691,6663
TQ2 6RGTorbay RoadTorquay£649,1666
TQ2 6TRStoneleigh DriveTorquay£638,7504
TQ2 5SWMasts, Warren RoadTorquay£622,5004

Least Expensive Streets in TQ2 (Torquay)

PostcodeStreetAreaAverageNo. of Sales
TQ2 5NBTor Haven, Abbey RoadTorquay£76,82532
TQ2 5RATor Hill RoadTorquay£76,8336
TQ2 5LUHomequay House, Falkland RoadTorquay£81,1669
TQ2 5RDTor Hill RoadTorquay£83,50412
TQ2 8GWCedar House, Orchid WayTorquay£85,9779
TQ2 8ANLichfield AvenueTorquay£87,3333
TQ2 5YQWaldon House, St Lukes Road SouthTorquay£89,7005
TQ2 5TAMelville StreetTorquay£96,1427
TQ2 7PXHele RoadTorquay£96,50010
TQ2 8ALLichfield AvenueTorquay£100,8333

Explore TQ2 (Torquay) using map

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