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Torpoint House Prices Torpoint House Prices

The average house price in Torpoint is £214,062 using HM Land Registry data.

The average property price increased by £47,525 (26.26%) over the last 5 years and increased by £9,522 (4.35%) over the last 12 months.

Over the last year, there were 102 residential property sales – a decrease of 10 transactions (-9.80%) relative to the previous year. The majority of house sales (26) were in the £190,000 - £230,000 range. Then came properties in the £150,000 - £190,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 155 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,272 (-2%).

In Dec 24, there were 8 new estate agency instructions, 3 agreed home sales and 3 property price reductions.

Postcodes Covered: PL11

5-Year Average Property Prices in Torpoint

26.26%

Property prices in Torpoint increased by 26.26% 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 Torpoint Over the Last Year

4.35%

Property prices in Torpoint increased by 4.35% 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 Torpoint - Dec 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 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 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 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 Torpoint since 1995

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

Recent Property Sales in Torpoint

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Wellington Street, Torpoint, Cornwall, PL11 2DF£180,000£162,500-£17,50011 Apr 202405 Nov 2024208 Days
71 Antony Road, Torpoint, Cornwall, PL11 2JT£275,000£230,000-£45,00022 Jan 202429 Oct 2024281 Days
21 Roeselare Avenue, Torpoint, Cornwall, PL11 2LN£340,000£330,000-£10,00028 Mar 202428 Oct 2024214 Days
60 Woodland Way, Torpoint, Cornwall, PL11 2TQ£210,000£210,000£0022 Mar 202428 Oct 2024220 Days
53 Carbeile Road, Torpoint, Cornwall, PL11 2HP£180,000£180,000£0022 Apr 202425 Oct 2024186 Days
23 Carew Terrace, Torpoint, Cornwall, PL11 2EQ£230,000£230,000£0024 Jun 202425 Oct 2024123 Days
5 Kynance Close, Torpoint, Cornwall, PL11 2QP£185,000£177,000-£8,00021 May 202409 Oct 2024141 Days
23 Ince Close, Torpoint, Cornwall, PL11 2JQ£230,000£222,500-£7,50026 Apr 202407 Oct 2024164 Days
4 Sango Road, Torpoint, Cornwall, PL11 2HX£250,000£240,000-£10,00028 May 202404 Oct 2024129 Days
93 Woodland Way, Torpoint, Cornwall, PL11 2TQ£300,000£295,000-£5,00021 May 202404 Oct 2024136 Days
91 North Road, Torpoint, Cornwall, PL11 2DU£220,000£215,000-£5,00003 Mar 202401 Oct 2024212 Days
12 Hawthorn Avenue, Torpoint, Cornwall, PL11 2NG£295,000£292,000-£3,00021 May 202427 Sep 2024129 Days
9 North Road, Torpoint, Cornwall, PL11 2DH£280,000£280,000£0015 Mar 202427 Sep 2024196 Days
Ground Floor Flat, 81, North Road, Torpoint, Cornwall, PL11 2DL£130,000£124,500-£5,50013 Mar 202427 Sep 2024198 Days
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
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

Most Expensive Streets in Torpoint

PostcodeStreetAreaAverageNo. of Sales
PL11 2BLSt James RoadTorpoint£466,6663
PL11 2PYBorough ParkTorpoint£373,3333
PL11 2NNCarbeile RoadTorpoint£329,0004
PL11 2QJLamorna ParkTorpoint£307,30010
PL11 2HTChapeldown RoadTorpoint£307,1427
PL11 2EYPeacock AvenueTorpoint£307,0005
PL11 2DWWoodland WayTorpoint£264,96414
PL11 2EZPeacock AvenueTorpoint£259,6663
PL11 2QRGwithian CloseTorpoint£256,3754
PL11 2QUCarlyon CloseTorpoint£250,4005

Least Expensive Streets in Torpoint

PostcodeStreetAreaAverageNo. of Sales
PL11 2HQKernow CloseTorpoint£66,5427
PL11 2BUHarvey StreetTorpoint£88,8754
PL11 2JSAntony RoadTorpoint£107,5003
PL11 2BZWestlake CloseTorpoint£117,1258
PL11 2DPAdams CrescentTorpoint£128,4005
PL11 2DRClegg AvenueTorpoint£129,1666
PL11 2NSTrevorder RoadTorpoint£134,6669
PL11 2QHCedar CloseTorpoint£139,5659
PL11 2RBMarine CourtMarine Drive£147,6669
PL11 2DLNorth RoadTorpoint£150,7506

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