Berea Road, Torquay, TQ1

Street Guide For Berea Road, Torquay, TQ1

 

Berea Road, Torquay, TQ1 Map

Estimated Price: £171,630
Average Asking Price: £270,220
Price change in last one year: £11,089
Average Price Paid: £153,500
Average Rent Rates: £630

 

Property Prices Breakdown in Berea Road, Torquay, TQ1

Average Price for property in Berea Road, Torquay, TQ1 is around £171,630 which varies based on type of property you are interested in and ranges from £192,953 for detached house to around £165,595 for semi-detached. Similarly terraced house is around £168,206 and a flat is worth £278,125. Values have been changing and have risen £77 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,905 in last 6 months, £11,089 in last 1 year, £15,201 in last 2 years, £17,106 in last 3 years, £9,515 in last 4 years and £15,408 in last 5 years.

Currently average asking price of a property in Berea Road, Torquay, TQ1 is around £270,220 based on approximately 1 properties for sale. Same is the case with rental options based on 163 properties up for rent, average asking rent is around £630 per month.

Estimated property value in Berea Road, Torquay, TQ1 is £171,630. Average asking price is £270,220 while average price paid is £162,000 which is up by £11,089 and Avg. asking rent £630.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Berea Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £162,000 based on approximately 1 sales in Berea Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £162,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £153,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £138,000 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £109,414, £200,357 for a 2 bedroom house, £276,711 for a 3 bedroom house, £471,197 for a 4 bedroom house and £441,440 for a 5 bedroom house. For a flat similarly the prices varies from £93,203 for a single bedroom to £162,185 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £233,578. To sum up the asking prices for properties in Berea Road, Torquay, TQ1 it comes to around average £94,570 for 1 bedroom property, £170,840 for 2 bedroom, £266,254 for 3 bedroom, £471,197 for 4 bedroom and £441,440 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £522 for 1 bedroom to £575 for 2 bedrooms, £772 for 3 bedrooms, £854 for 4 bedrooms and £1,200 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £504. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £597, £690 for 3 bedroom and £997 for 4 bedroom. You should be generally be expecting around average £506 rent per month for single bedroom property, £595 for 2 bedroom, £750 for 3 bedroom, £882 for 4 bedroom and approximately £1,200 for a 5 bedroom property in Berea Road, Torquay, TQ1 area.

Popular Houses in Berea Road, Torquay, TQ1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Berea Road, Torquay, TQ1