Average Price for property in Bishops Rise, Torquay, TQ1 is around £450,466 e.g. average price for detached house is around 450,466. Values have been changing and have risen £199 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,993 in last 6 months, £29,093 in last 1 year, £39,876 in last 2 years, £44,866 in last 3 years, £24,929 in last 4 years and £40,393 in last 5 years.
Currently average asking price of a property in Bishops Rise, 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 Bishops Rise, Torquay, TQ1 is £450,466. Average asking price is £270,220 while average price paid is £377,000 which is up by £29,093 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 Bishops Rise, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £377,000 based on approximately 1 sales in Bishops Rise, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £377,000. 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 £377,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £413,500 per sale.