Values have been changing and have risen £33 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £806 in last 6 months, £4,687 in last 1 year, £6,428 in last 2 years, £7,238 in last 3 years, £4,037 in last 4 years and £6,530 in last 5 years.
Currently average asking price of a property in Market Street, Torquay, TQ1 is around £270,220 based on approximately 9 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 Market Street, Torquay, TQ1 is £72,522. Average asking price is £270,220 while average price paid is £60,555 which is up by £4,687 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 Market Street, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £60,555 based on approximately 9 sales in Market Street, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £52,930. 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 £50,456 for 25 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £51,059 per sale.