House Prices in TQ7 House Prices in TQ7 (Kingsbridge)

The average house price in TQ7 (Kingsbridge) is £398,515 using HM Land Registry data.

The average property price increased by £122,625 (40.53%) over the last 5 years and increased by £24,570 (5.57%) over the last 12 months.

Over the last year, there were 224 residential property sales – a decrease of 95 transactions (-42.41%) relative to the previous year. The majority of house sales (71) were in the £200,000 - £338,000 range. Then came properties in the £338,000 - £476,000 range, where 46 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 £-14,854 (-3%).

In Oct 24, there were 40 new estate agency instructions, 49 agreed home sales and 43 property price reductions.

5-Year Average Property Prices in TQ7 (Kingsbridge)

40.53%

Property prices in Kingsbridge increased by 40.53% 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 TQ7 (Kingsbridge) Over the Last Year

5.57%

Property prices in Kingsbridge increased by 5.57% 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 TQ7 (Kingsbridge) - 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 TQ7 (Kingsbridge)

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 TQ7 (Kingsbridge)

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 TQ7 (Kingsbridge)

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 TQ7 (Kingsbridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TQ7 postcode area since 1995.

Recent Sales in TQ7 (Kingsbridge)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Alma Terrace, Malborough, Kingsbridge, Devon, TQ7 3RN£450,000£435,000-£15,00002 Apr 202408 Aug 2024128 Days
13 Belle Cross Road, Kingsbridge, Devon, TQ7 1NL£575,000£570,000-£5,00010 Feb 202402 Aug 2024174 Days
20 Kenwith Drive, Kingsbridge, Devon, TQ7 1DU£300,000£285,700-£14,30010 Apr 202424 Jul 2024105 Days
74 Cumber Close, Malborough, Kingsbridge, Devon, TQ7 3DF£220,000£220,000£0003 Jun 202422 Jul 202449 Days
5 Wallingford Road, Kingsbridge, Devon, TQ7 1NA£400,000£390,000-£10,00020 Feb 202408 Jul 2024139 Days
12 Weymouth Park, Hope Cove, Kingsbridge, Devon, TQ7 3HD£700,000£695,000-£5,00020 Apr 202427 Jun 202468 Days
15 Crispin Road, Kingsbridge, Devon, TQ7 1EP£310,000£300,000-£10,00023 Feb 202428 May 202495 Days
17 Butt Park, Stokenham, Kingsbridge, Devon, TQ7 2SH£475,000£475,000£0008 Feb 202424 May 2024106 Days
Carlton, Fore Street, Aveton Gifford, Kingsbridge, Devon, TQ7 4JX£350,000£316,000-£34,00009 Dec 202320 May 2024163 Days
15 Courtlage Walk, Kingsbridge, Devon, TQ7 1QX£230,000£228,000-£2,00001 Feb 202403 May 202492 Days
30 Highfield Drive, Kingsbridge, Devon, TQ7 1JR£595,000£575,000-£20,00009 Sep 202330 Apr 2024234 Days
13 Meadowside, Chillington, Kingsbridge, Devon, TQ7 2HT£395,000£390,000-£5,00023 Jan 202426 Apr 202494 Days
18 Archery Close, Kingsbridge, Devon, TQ7 1BE£399,000£399,000£0013 Oct 202312 Apr 2024182 Days
1 Beacon Point Cottages, Thurlestone Sands, Kingsbridge, Devon, TQ7 3AX£750,000£750,000£0016 Feb 202411 Apr 202455 Days
10 Scholars Walk, Kingsbridge, Devon, TQ7 1QL£270,000£270,000£0018 Aug 202305 Apr 2024231 Days
31 Linhey Close, Kingsbridge, Devon, TQ7 1LL£550,000£460,000-£90,00028 Nov 202328 Mar 2024121 Days
54 Northville Park, Kingsbridge, Devon, TQ7 1AR£375,000£365,000-£10,00007 Sep 202325 Mar 2024200 Days
60 Henacre Road, Kingsbridge, Devon, TQ7 1DP£325,000£312,500-£12,50027 Sep 202325 Mar 2024180 Days
58 Saffron Park, Kingsbridge, Devon, TQ7 1RL£375,000£363,000-£12,00006 Nov 202322 Mar 2024137 Days
37 Green Park Way, Chillington, Kingsbridge, Devon, TQ7 2HY£340,000£300,000-£40,00010 Nov 202308 Mar 2024119 Days

Most Expensive Streets in TQ7 (Kingsbridge)

PostcodeStreetAreaAverageNo. of Sales
TQ7 3NYIlbert Road, ThurlestoneKingsbridge£2,232,0005
TQ7 2RUSouth PoolKingsbridge£1,583,3333
TQ7 3JRSouth MiltonKingsbridge£1,553,1865
TQ7 3NTWarren Road, ThurlestoneKingsbridge£1,487,5006
TQ7 2QXWood Lane, SlaptonKingsbridge£1,483,3333
TQ7 2ADWest CharletonKingsbridge£1,478,0003
TQ7 2AACurlew Drive, West CharletonKingsbridge£1,330,0007
TQ7 3NUEddystone Road, ThurlestoneKingsbridge£1,241,6663
TQ7 1LAEmbankment RoadKingsbridge£1,145,2485
TQ7 3EPTrenemans, ThurlestoneKingsbridge£1,108,3336

Least Expensive Streets in TQ7 (Kingsbridge)

PostcodeStreetAreaAverageNo. of Sales
TQ7 1RZWindsor CourtKingsbridge£112,70020
TQ7 1PPFore StreetKingsbridge£131,0004
TQ7 1NYFore StreetKingsbridge£136,3333
TQ7 1PRKings MarketKingsbridge£139,3754
TQ7 1PGFore StreetKingsbridge£160,4005
TQ7 1PSAlbion GardensKingsbridge£160,8333
TQ7 1QNCookworthy Court, Cookworthy RoadKingsbridge£168,3333
TQ7 1ELMontagu RoadKingsbridge£168,9004
TQ7 1QEKhartoum PlaceKingsbridge£170,3333
TQ7 1DQRack Park RoadKingsbridge£176,6663

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