Average Price for property in Torquay is around £218,003 which varies based on type of property you are interested in and ranges from £385,685 for detached house to around £216,745 for semi-detached. Similarly terraced house is around £170,150 and a flat is worth £157,781. Values have been changing and have risen £898 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,929 in last 6 months, £15,396 in last 1 year, £21,329 in last 2 years, £19,288 in last 3 years, £10,624 in last 4 years and £21,785 in last 5 years.
Currently average asking price of a property in Torquay is around £269,139 based on approximately 990 properties for sale. Same is the case with rental options based on 270 properties up for rent, average asking rent is around £671 per month.
Estimated property value in Torquay is £218,003. Average asking price is £269,139 while average price paid is £185,383 which is up by £15,396 and Avg. asking rent £671.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 Torquay area. In last 1 year alone average price buyer paid is around £185,383 based on approximately 990 sales in Torquay area alone. If you compare it to last 3 years sales of 3,001 properties where buyers paid around £182,238. 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 £183,609 for 4,792 and average amount paid for purchase of approx. 6,537 properties sold in last 7 years comes to about £184,104 per sale.