Average Price for property in Torrington is around £222,928 which varies based on type of property you are interested in and ranges from £306,503 for detached house to around £188,181 for semi-detached. Similarly terraced house is around £161,695 and a flat is worth £122,426. Values have been changing and have risen £195 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £535 in last 6 months, £13,344 in last 1 year, £22,975 in last 2 years, £21,892 in last 3 years, £18,240 in last 4 years and £20,423 in last 5 years.
Currently average asking price of a property in Torrington is around £291,061 based on approximately 129 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £580 per month.
Estimated property value in Torrington is £222,928. Average asking price is £291,061 while average price paid is £195,021 which is up by £13,344 and Avg. asking rent £580.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 Torrington area. In last 1 year alone average price buyer paid is around £195,021 based on approximately 129 sales in Torrington area alone. If you compare it to last 3 years sales of 392 properties where buyers paid around £185,731. 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 £185,926 for 584 and average amount paid for purchase of approx. 821 properties sold in last 7 years comes to about £184,845 per sale.