Values have been changing and have risen £62 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,529 in last 6 months, £8,902 in last 1 year, £12,203 in last 2 years, £13,735 in last 3 years, £7,640 in last 4 years and £12,375 in last 5 years.
Currently average asking price of a property in Hilldrop Terrace, Market Street, 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 Hilldrop Terrace, Market Street, Torquay, TQ1 is £137,797. Average asking price is £270,220 while average price paid is £60,000 which is up by £8,902 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 Hilldrop Terrace, Market Street, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £60,000 based on approximately 1 sales in Hilldrop Terrace, Market Street, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £60,000. 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 £92,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £92,500 per sale.