Average Price for property in Meadfoot Lane, Torquay, TQ1 is around £219,286 which varies based on type of property you are interested in and ranges from £349,784 for detached house to around £276,417 for semi-detached. Similarly terraced house is around £185,840 and a flat is worth £128,583. Values have been changing and have risen £98 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,432 in last 6 months, £14,166 in last 1 year, £19,417 in last 2 years, £21,847 in last 3 years, £12,146 in last 4 years and £19,675 in last 5 years.
Currently average asking price of a property in Meadfoot Lane, Torquay, TQ1 is around £270,220 based on approximately 4 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 Meadfoot Lane, Torquay, TQ1 is £219,286. Average asking price is £270,220 while average price paid is £216,250 which is up by £14,166 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 Meadfoot Lane, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £216,250 based on approximately 4 sales in Meadfoot Lane, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £208,571. 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 £174,545 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £164,500 per sale.