Average Price for property in Cavern Road, Torquay, TQ1 is around £131,067 which varies based on type of property you are interested in and ranges from £132,002 for terraced house to around £104,889 for a flat. Values have been changing and have risen £59 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,454 in last 6 months, £8,468 in last 1 year, £11,611 in last 2 years, £13,067 in last 3 years, £7,271 in last 4 years and £11,774 in last 5 years.
Currently average asking price of a property in Cavern 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 Cavern Road, Torquay, TQ1 is £131,067. Average asking price is £270,220 while average price paid is £112,000 which is up by £8,468 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 Cavern Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £112,000 based on approximately 1 sales in Cavern Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £108,000. 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 £110,636 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £111,076 per sale.