Average Price for property in Pengelly Way, Torquay, TQ2 is around £156,535 which varies based on type of property you are interested in and ranges from £247,611 for detached house to around £221,275 for semi-detached. Similarly terraced house is around £176,545 and a flat is worth £125,699. Values have been changing and have risen £409 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,263 in last 6 months, £8,755 in last 1 year, £16,958 in last 2 years, £13,125 in last 3 years, £7,584 in last 4 years and £15,007 in last 5 years.
Currently average asking price of a property in Pengelly Way, Torquay, TQ2 is around £268,052 based on approximately 4 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 Pengelly Way, Torquay, TQ2 is £156,535. Average asking price is £268,052 while average price paid is £164,625 which is up by £8,755 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 Pengelly Way, Torquay, TQ2 area. In last 1 year alone average price buyer paid is around £164,625 based on approximately 4 sales in Pengelly Way, Torquay, TQ2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £154,200. 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 £135,181 for 11 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £134,080 per sale.