Grange Road, Torquay, TQ1

Street Guide For Grange Road, Torquay, TQ1

 

Grange Road, Torquay, TQ1 Map

Estimated Price: £141,227
Average Asking Price: £270,220
Price change in last one year: £9,125
Average Price Paid: £117,354
Average Rent Rates: £630

 

Property Prices Breakdown in Grange Road, Torquay, TQ1

Average Price for property in Grange Road, Torquay, TQ1 is around £141,227 which varies based on type of property you are interested in and ranges from £180,093 for detached house to around £176,180 for semi-detached. Similarly terraced house is around £150,279 and a flat is worth £118,282. Values have been changing and have risen £64 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,568 in last 6 months, £9,125 in last 1 year, £12,509 in last 2 years, £14,078 in last 3 years, £7,833 in last 4 years and £12,684 in last 5 years.

Currently average asking price of a property in Grange Road, Torquay, TQ1 is around £270,220 based on approximately 6 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 Grange Road, Torquay, TQ1 is £141,227. Average asking price is £270,220 while average price paid is £118,000 which is up by £9,125 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 Grange Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £118,000 based on approximately 6 sales in Grange Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £118,343. 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 £117,354 for 24 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £116,673 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 Grange Road, 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 Grange Road, Torquay, TQ1 area.

Popular Houses in Grange Road, 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 Grange Road, Torquay, TQ1