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 £1,565 in last 6 months, £9,103 in last 1 year, £12,479 in last 2 years, £14,044 in last 3 years, £7,814 in last 4 years and £12,654 in last 5 years.
Currently average asking price of a property in Lower Ellacombe Church 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 Lower Ellacombe Church Road, Torquay, TQ1 is £140,874. Average asking price is £270,220 while average price paid is £127,500 which is up by £9,103 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 Lower Ellacombe Church Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £127,500 based on approximately 1 sales in Lower Ellacombe Church Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £129,166. 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 £104,575 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £117,040 per sale.