Average Price for property in Shiphay Lane, Torquay, TQ2 is around £296,478 which varies based on type of property you are interested in and ranges from £327,817 for detached house to around £250,340 for semi-detached. Similarly terraced house is around £231,227 and a flat is worth £367,424. Values have been changing and have risen £774 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,285 in last 6 months, £16,579 in last 1 year, £32,109 in last 2 years, £24,843 in last 3 years, £14,344 in last 4 years and £28,395 in last 5 years.
Currently average asking price of a property in Shiphay Lane, Torquay, TQ2 is around £268,052 based on approximately 3 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 Shiphay Lane, Torquay, TQ2 is £296,478. Average asking price is £268,052 while average price paid is £212,666 which is up by £16,579 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 Shiphay Lane, Torquay, TQ2 area. In last 1 year alone average price buyer paid is around £212,666 based on approximately 3 sales in Shiphay Lane, Torquay, TQ2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £234,221. 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 £230,737 for 16 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £236,933 per sale.