Values have been changing and have risen £676 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,741 in last 6 months, £14,471 in last 1 year, £28,027 in last 2 years, £21,686 in last 3 years, £12,522 in last 4 years and £24,788 in last 5 years.
Currently average asking price of a property in Morgan Avenue, Torquay, TQ2 is around £268,052 based on approximately 2 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 Morgan Avenue, Torquay, TQ2 is £258,788. Average asking price is £268,052 while average price paid is £146,000 which is up by £14,471 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 Morgan Avenue, Torquay, TQ2 area. In last 1 year alone average price buyer paid is around £146,000 based on approximately 2 sales in Morgan Avenue, Torquay, TQ2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £178,250. 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 £167,950 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £164,500 per sale.