Torquay property prices

The average property price in Torquay postcode area is £331k. The average price increased by £54.8k (20%) over the last twelve months. The price of an established property is £332k. The price of a newly built property is £323k. There were 5.0k property sales and sales increased by 2.1% (108 transactions). Most properties were sold in the £300k-£400k price range with 901 (18.2%) properties sold, followed by £150k-£200k price range with 882 (17.8%) properties sold.

July 2020 - June 2021

Torquay postcode area

England and Wales

£331k

average property price

£337k

average property price

20%

average price percentage change

12%

average price percentage change

£54.8k

average price change

£35.6k

average price change

Torquay house prices map

This price map shows the average property price in a given postcode sector between July 2020 - June 2021. The most affordable place was 'TQ3 3' with the average price of £200k. The most expensive place was 'TQ8 8', £929k.

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 July 2020 - June 2021 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 £331k, Torquay is the 44. 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 July 2020 - June 2021.

Torquay property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.3%14
£50k-£100k3.4%171
£100k-£150k8.2%407
£150k-£200k17.8%882
£200k-£250k16.3%806
£250k-£300k13.6%673
£300k-£400k18.2%901
£400k-£500k8.7%429
£500k-£750k9.0%446
£750k-£1M2.8%140
over £1M1.8%89

Torquay cost comparison of new homes and older homes

July 2020 - June 2021

Torquay cost comparison of new homes and older homes

£323k

A newly built property

£332k

An established property

Torquay cost comparison of houses and flats

July 2020 - June 2021

Torquay cost comparison of houses and flats

£490k

Detached

£198k

Flat

£285k

Semi-Detached

£245k

Terraced

Torquay real house prices

Yearly average nominal house prices adjusted for inflation.

Torquay real house prices

Torquay house prices compared to England & Wales' house prices

Yearly average nominal prices

Torquay house prices

Torquay house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Torquay house prices and nearby areas

Yearly average nominal prices

Torquay house prices and nearby areas

Torquay house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Torquay house prices new vs established

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 7.7 in Torbay and 10.2 in South Hams. Ie. Torbay resident with middle-income needs 7.7 gross annual salaries to buy a medium-priced property. Resident in South Hams needs 10.2 annual salaries. The England and Wales ratio was 7.7 in 2019.
Torquay house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Torbay7.7
Teignbridge9.7
South Hams10.2

Other reports for Torquay postcode area

new home prices

property transactions

salary and unemployment

home features

energy costs

home energy certificates

population statistics

crime statistics

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