Bishops Rise, Torquay, TQ1

Street Guide For Bishops Rise, Torquay, TQ1

 

Bishops Rise, Torquay, TQ1 Map

Estimated Price: £450,466
Average Asking Price: £270,220
Price change in last one year: £29,093
Average Price Paid: £377,000
Average Rent Rates: £630

 

Property Prices Breakdown in Bishops Rise, Torquay, TQ1

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.

 
 

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 Bishops Rise, 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 Bishops Rise, Torquay, TQ1 area.

Popular Houses in Bishops Rise, 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 Bishops Rise, Torquay, TQ1