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House Prices in TQ1 House Prices in TQ1 (Torquay)

The average house price in TQ1 (Torquay) is £219,035 using HM Land Registry data.

The average property price increased by £26,954 (31.16%) over the last 5 years and increased by £5,401 (4.54%) over the last 12 months.

Over the last year, there were 413 residential property sales – a decrease of 155 transactions (-37.53%) relative to the previous year. The majority of house sales (97) were in the £162,000 - £224,000 range. Then came properties in the £100,000 - £162,000 range, where 94 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 127 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,535 (-4%).

In Dec 24, there were 59 new estate agency instructions, 36 agreed home sales and 53 property price reductions.

Nearby Postcodes: EX20, EX6, EX7, PL19, PL20, PL21, TQ10, TQ11, TQ12, TQ13, TQ14, TQ2, TQ3, TQ9

5-Year Average Property Prices in TQ1 (Torquay)

31.16%

Property prices in Torquay increased by 31.16% 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 TQ1 (Torquay) Over the Last Year

4.54%

Property prices in Torquay increased by 4.54% 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 TQ1 (Torquay) - 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 TQ1 (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 TQ1 (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 TQ1 (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 TQ1 (Torquay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TQ1 postcode area since 1995.

Recent Sales in TQ1 (Torquay)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 8, Kingsbridge, Greenway Road, St Marychurch, Torquay, Torbay, TQ1 4NJ£235,000£120,000-£115,00010 Sep 202420 Nov 202471 Days
60 Chatsworth Road, Torquay, Torbay, TQ1 3BL£229,950£155,000-£74,95030 Nov 201614 Nov 20242906 Days
Pandora, Devons Road, Torquay, Torbay, TQ1 3PR£625,000£617,500-£7,50026 Apr 202413 Nov 2024201 Days
Flat 6, Royal Court, Bedford Road, Torquay, Torbay, TQ1 3LJ£160,000£158,000-£2,00001 Aug 202411 Nov 2024102 Days
23 Westhill Avenue, Torquay, Torbay, TQ1 4LH£225,000£215,000-£10,00020 Jul 202408 Nov 2024111 Days
Flat 9, Compton House, Palermo Road, Torquay, Torbay, TQ1 3NW£212,000£209,000-£3,00026 Feb 202424 Oct 2024241 Days
10 Den Brook Close, Torquay, Torbay, TQ1 3TP£700,000£655,000-£45,00015 May 202418 Oct 2024156 Days
38 St Annes Road, Torquay, Torbay, TQ1 3NX£272,500£260,000-£12,50003 Aug 202312 Aug 2024375 Days
7 Bingfield Close, Torquay, Torbay, TQ1 1QU£495,000£430,000-£65,00018 Apr 202431 Jul 2024104 Days
Flat 17, Greenacres, Asheldon Road, Torquay, Torbay, TQ1 2QS£210,000£200,000-£10,00021 Jun 202319 Jul 2024394 Days
19 Collingwood Close, Torquay, Torbay, TQ1 2DN£995,000£975,000-£20,00008 Apr 202419 Jul 2024102 Days
40 Shirburn Road, Torquay, Torbay, TQ1 3JL£335,000£320,000-£15,00026 Dec 202319 Jul 2024206 Days
97 Grange Road, Torquay, Torbay, TQ1 1LE£134,950£132,000-£2,95028 Nov 202315 Jul 2024230 Days
Coach House, Sutherland Road, Torquay, Torbay, TQ1 1RU£495,000£395,000-£100,00006 Apr 202312 Jul 2024463 Days
6a, Windermere Road, Torquay, Torbay, TQ1 3RF£149,950£144,000-£5,95009 Mar 202428 Jun 2024111 Days
Thatcher Point, Thatcher Avenue, Torquay, Torbay, TQ1 2PD£1,350,000£1,200,000-£150,00025 Sep 202324 Jun 2024273 Days
20 Main Avenue, Torquay, Torbay, TQ1 4JG£225,000£210,000-£15,00005 Mar 202421 Jun 2024108 Days
Flat 3, Grantham Hall, Lincombe Drive, Torquay, Torbay, TQ1 2HJ£475,000£460,000-£15,00009 Apr 202421 Jun 202473 Days
Flat 33, Lucerne, Lower Warberry Road, Torquay, Torbay, TQ1 1TN£180,000£180,000£0016 Jan 202411 Jun 2024147 Days
19 Studley Road, Torquay, Torbay, TQ1 3JN£375,000£373,000-£2,00029 Jan 202403 Jun 2024126 Days

Most Expensive Streets in TQ1 (Torquay)

PostcodeStreetAreaAverageNo. of Sales
TQ1 2PDThatcher AvenueTorquay£1,657,5009
TQ1 2HTIlsham Marine DriveTorquay£1,602,7795
TQ1 4TDRidge Road, MaidencombeTorquay£935,9166
TQ1 2JDIlsham RoadTorquay£920,3333
TQ1 2PQWhidborne AvenueTorquay£913,1258
TQ1 1SNLydwell RoadTorquay£883,7504
TQ1 2DNCollingwood CloseTorquay£873,7504
TQ1 3LXSeaview Cottage, Beach RoadTorquay£862,1427
TQ1 2PEKilmorie CloseTorquay£856,7504
TQ1 2PAThatcher HeightsTorquay£824,3754

Least Expensive Streets in TQ1 (Torquay)

PostcodeStreetAreaAverageNo. of Sales
TQ1 3BYStratheden Court, Market Street, TorquayTorquay£51,90015
TQ1 4FHSmith Court, Mckay AvenueTorquay£56,6254
TQ1 4UTHomepalms House, Brunswick SquareTorquay£64,8507
TQ1 4DBTeignmouth RoadTorquay£68,5006
TQ1 4AEBrunswick TerraceTorquay£85,6357
TQ1 4FEEbdon WayTorquay£93,71419
TQ1 2RJGlenside Court, Higher Erith RoadTorquay£98,55616
TQ1 3JPLynway Court, St Marychurch RoadTorquay£100,19510
TQ1 1RQQueen StreetTorquay£101,40010
TQ1 1DRFleet StreetTorquay£101,8756

Explore TQ1 (Torquay) using map

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