Average Price for property in Torpoint is around £226,560 which varies based on type of property you are interested in and ranges from £334,226 for detached house to around £202,845 for semi-detached. Similarly terraced house is around £181,356 and a flat is worth £168,215. Values have been changing and have risen £1,392 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,148 in last 6 months, £6,714 in last 1 year, £20,844 in last 2 years, £23,211 in last 3 years, £17,421 in last 4 years and £18,243 in last 5 years.
Currently average asking price of a property in Torpoint is around £283,299 based on approximately 210 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £654 per month.
Estimated property value in Torpoint is £226,560. Average asking price is £283,299 while average price paid is £198,110 which is up by £6,714 and Avg. asking rent £654.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 Torpoint area. In last 1 year alone average price buyer paid is around £198,110 based on approximately 210 sales in Torpoint area alone. If you compare it to last 3 years sales of 594 properties where buyers paid around £204,986. 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 £204,544 for 965 and average amount paid for purchase of approx. 1,254 properties sold in last 7 years comes to about £206,972 per sale.