Average Price for property in Forest Road, Torquay, TQ1 is around £172,897 which varies based on type of property you are interested in and ranges from £213,899 for detached house to around £200,448 for semi-detached. Similarly terraced house is around £173,299 and a flat is worth £123,219. 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 £1,917 in last 6 months, £11,168 in last 1 year, £15,311 in last 2 years, £17,230 in last 3 years, £9,583 in last 4 years and £15,521 in last 5 years.
Currently average asking price of a property in Forest Road, Torquay, TQ1 is around £270,220 based on approximately 5 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 Forest Road, Torquay, TQ1 is £172,897. Average asking price is £270,220 while average price paid is £156,000 which is up by £11,168 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 Forest Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £156,000 based on approximately 5 sales in Forest Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £154,919. 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 £150,347 for 17 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £153,303 per sale.