Average Price for property in Ridgeway Road, Torquay, TQ1 is around £222,596 which varies based on type of property you are interested in and ranges from £436,682 for detached house to around £196,082 for semi-detached. Similarly terraced house is around £339,975 and a flat is worth £163,390. Values have been changing and have risen £100 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,470 in last 6 months, £14,382 in last 1 year, £19,714 in last 2 years, £22,182 in last 3 years, £12,335 in last 4 years and £19,979 in last 5 years.
Currently average asking price of a property in Ridgeway Road, Torquay, TQ1 is around £270,220 based on approximately 5 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 Ridgeway Road, Torquay, TQ1 is £222,596. Average asking price is £270,220 while average price paid is £201,000 which is up by £14,382 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 Ridgeway Road, Torquay, TQ1 area. In last 1 year alone average price buyer paid is around £201,000 based on approximately 5 sales in Ridgeway Road, Torquay, TQ1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £178,045. 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 £188,431 for 22 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £185,203 per sale.