Average Price for property in Borough Road, Torquay, TQ1 is around £169,817 which varies based on type of property you are interested in and ranges from £190,157 for semi-detached to around £168,122 for terraced house. Values have been changing and have risen £76 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,884 in last 6 months, £10,971 in last 1 year, £15,039 in last 2 years, £16,925 in last 3 years, £9,416 in last 4 years and £15,248 in last 5 years.
Currently average asking price of a property in Borough Road, Torquay, TQ1 is around £270,220 based on approximately 2 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 Borough Road, Torquay, TQ1 is £169,817. Average asking price is £270,220 while average price paid is £154,000 which is up by £10,971 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 Borough Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £154,000 based on approximately 2 sales in Borough Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £141,500. 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 £141,714 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £138,000 per sale.