Average Price for property in Magdalene Road, Torquay, TQ1 is around £105,248 which varies based on type of property you are interested in and ranges from £119,428 for detached house to around £102,384 for semi-detached. Similarly terraced house is around £119,700 and a flat is worth £95,899. Values have been changing and have risen £48 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,169 in last 6 months, £6,802 in last 1 year, £9,326 in last 2 years, £10,495 in last 3 years, £5,843 in last 4 years and £9,462 in last 5 years.
Currently average asking price of a property in Magdalene Road, Torquay, TQ1 is around £270,220 based on approximately 2 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 Magdalene Road, Torquay, TQ1 is £105,248. Average asking price is £270,220 while average price paid is £80,000 which is up by £6,802 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 Magdalene Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 2 sales in Magdalene Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £75,875. 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 £84,807 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £84,500 per sale.