Torquay property prices

The average property price in Torquay postcode area is £328k. The average price increased by £3.3k (1%) over the last twelve months. The price of an established property is £328k. The price of a newly built property is £318k. There were 5.0k property sales and sales dropped by 14.4% (-923 transactions). Most properties were sold in the £300k-£400k price range with 977 (19.3%) properties sold, followed by £200k-£250k price range with 856 (17.0%) properties sold.

June 2021 - May 2022

Torquay postcode area

England and Wales

£328k

average property price

£341k

average property price

1%

average price percentage change

2%

average price percentage change

£3.3k

average price change

£7.4k

average price change

Torquay house prices map

This price map shows the average property price in a given postcode sector between June 2021 - May 2022. The most affordable place was 'TQ2 5' with the average price of £205k. The most expensive place was 'TQ8 8', £883k.

Torquay house prices map

Torquay house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between June 2021 - May 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Torquay house prices compared to other areasAverage price percentage change
Average property price

Torquay house price rank

With the average price of £328k, Torquay is the 46. most pricey postcode area out of 105 England and Wales' postcode areas.

Torquay house price rank

Torquay property sales share by price range

shows a number of properties sold in a given price range between June 2021 - May 2022.

Torquay property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.3%17
£50k-£100k3.5%178
£100k-£150k8.8%446
£150k-£200k15.1%761
£200k-£250k17.0%856
£250k-£300k14.5%732
£300k-£400k19.3%977
£400k-£500k8.9%451
£500k-£750k7.7%388
£750k-£1M3.0%152
over £1M1.8%92

Torquay cost comparison of new homes and older homes

June 2021 - May 2022

Torquay cost comparison of new homes and older homes

£318k

A newly built property

£328k

An established property

Torquay cost comparison of houses and flats

June 2021 - May 2022

Torquay cost comparison of houses and flats

£513k

Detached

£195k

Flat

£311k

Semi-Detached

£263k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Torquay real house prices

Yearly average nominal house prices adjusted for inflation.

Torquay real house prices

Torquay house prices

Yearly average nominal prices compared to England & Wales' house prices

Torquay house prices

Torquay house prices per square metre

Yearly average nominal price per square metre compared to England & Wales' house prices

Torquay house prices per square metre

Torquay house prices and nearby areas

Yearly average nominal prices

Torquay house prices and nearby areas

Torquay house prices by property type

Yearly average nominal prices

Torquay house prices by property type

Torquay house price to earnings ratio

The median property price to median earnings ratio is ranging between 7.4 in Torbay and 10.1 in Teignbridge. Ie. Torbay resident with middle-income needs 7.4 gross annual salaries to buy a medium-priced property. Resident in Teignbridge needs 10.1 annual salaries. The England and Wales ratio was 7.69 in 2020.
Torquay house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
Torbay7.4
England and Wales7.69
South Hams10
Teignbridge10.1

Other reports for Torquay postcode area

house prices per square metre

new home prices

property transactions

home energy certificates

population statistics

salary and unemployment

energy costs

crime statistics

home features

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