Average Price for property in Melville Street, Torquay, TQ2 is around £104,210 which varies based on type of property you are interested in and ranges from £133,323 for terraced house to around £72,450 for a flat. Values have been changing and have risen £273 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,508 in last 6 months, £5,830 in last 1 year, £11,292 in last 2 years, £8,742 in last 3 years, £5,058 in last 4 years and £9,999 in last 5 years.
Currently average asking price of a property in Melville Street, Torquay, TQ2 is around £268,052 based on approximately 0 properties for sale. Same is the case with rental options based on 110 properties up for rent, average asking rent is around £738 per month.
Estimated property value in Melville Street, Torquay, TQ2 is £104,210. Average asking price is £268,052 while average price paid is £56,750 which is up by £8,742 and Avg. asking rent £738.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 Melville Street, Torquay, TQ2 area. In last 3 years alone average price buyer paid is around £56,750 based on approximately 4 sales in Melville Street, Torquay, TQ2 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £60,200. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £64,666 for 6 per sale.