Housing Market Analysis for RICHMOND CLOSE, TQ1 2PW

Are you looking to understand TQ1 2PW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Torbay postcode.

For the location information and nearby amenities in the TQ1 2PW area, explore the TQ1 2PW Area information page.
For comprehensive crime statistics in the TQ1 2PW area, explore the TQ1 2PW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TQ1 2PW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £399,700 median price is £348,000 Standard Deviation is £178,575 with Total Sold: 15
    • The Last 5 Year average price is £596,400 with Total Sold: 5
    • The most recent sale happened at this postcode is 8 RICHMOND CLOSE: £730,000 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is 12 RICHMOND CLOSE: £120,000 (Sold on 18 Aug 1995)
  • Terraced
    • The average price is around £460,000 median price is £460,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 RICHMOND CLOSE: £460,000 (Sold on 22 Jun 2017)
    • The first recorded sale happened at this postcode is 10 RICHMOND CLOSE: £460,000 (Sold on 22 Jun 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average TQ1 2PW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£730,000 £5,214 1
2021£563,000 £4,036 4
2016£477,500 £2,582 2
2013£348,000 £1,966 1
2006£335,000 £1,893 1
2005£277,500 £1,516 1
2003£338,000 £2,485 1
2000£200,000 £1,471 1
1999£220,000 £738 1
1996£220,0001
1995£120,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£460,000 £3,067 1

All the Sales in the RICHMOND CLOSE, TQ1 2PW

See the table below for more details on the sold house prices in the TQ1 2PW, Torbay postcode.

AddressSold DatePrice% Change
8 RICHMOND CLOSEDetached, FreeholdArea: 140 Sq.mtrAge: 1976-198217 Jul 2023£730,00056.99%
03 Dec 2021£465,000First Sale
6 RICHMOND CLOSEDetached, FreeholdArea: 136 Sq.mtrAge: 1967-197503 Dec 2021£730,00048.98%
09 Dec 2016£490,00044.97%
01 Oct 2003£338,00069.00%
11 Dec 2000£200,000First Sale
4 RICHMOND CLOSEDetached, FreeholdArea: 139 Sq.mtrAge: 1967-197513 Apr 2021£560,000First Sale
2 RICHMOND CLOSEDetached, FreeholdArea: 145 Sq.mtrAge: 1967-197505 Feb 2021£497,000First Sale
10 RICHMOND CLOSETerraced, FreeholdArea: 150 Sq.mtrAge: 1976-198222 Jun 2017£460,000First Sale
9 RICHMOND CLOSEDetached, FreeholdArea: 298 Sq.mtrAge: 1976-198222 Apr 2016£465,000111.36%
26 Feb 1999£220,000First Sale
3 RICHMOND CLOSEDetached, FreeholdArea: 177 Sq.mtrAge: 1967-197526 Mar 2013£348,0003.88%
18 Apr 2006£335,000First Sale
7 RICHMOND CLOSEDetached, FreeholdArea: 183 Sq.mtrAge: 1950-196621 Apr 2005£277,500First Sale
11 RICHMOND CLOSEDetached, Freehold24 Jul 1996£220,000First Sale
12 RICHMOND CLOSEDetached, Freehold18 Aug 1995£120,000First Sale

Check out the sold house prices near the TQ1 2PW postcode. Properties currently for saleProperties currently for rent

RICHMOND CLOSE, TQ1 2PW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TQ1 2PW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the TQ1 2PW postcode.

  • Detached
    • The average price is around £487,390 median price is £415,000 Standard Deviation is £358,626 with Total Sold: 398
    • The Last 5 Year average price is £873,065 with Total Sold: 54
    • The most recent sale happened at this postcode is , THATCHER POINT THATCHER AVENUE: £1,200,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , 7 BISHOPS RISE: £110,000 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £2,366,667 median price is £3,000,000 Standard Deviation is £895,669 with Total Sold: 3
    • The Last 5 Year average price is £1,100,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MAGNOLIAS ILSHAM MARINE DRIVE: £1,100,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , HILLSIDE ILSHAM CLOSE: £3,000,000 (Sold on 29 Sep 2017)
  • Semi-Detached
    • The average price is around £366,750 median price is £287,250 Standard Deviation is £271,768 with Total Sold: 6
    • The most recent sale happened at this postcode is , BEAU SOLEIL, 2 WHIDBORNE CLOSE: £885,000 (Sold on 14 Sep 2017)
    • The first recorded sale happened at this postcode is , KENTSBANK ILSHAM MARINE DRIVE: £100,000 (Sold on 18 Aug 2000)
  • Terraced
    • The average price is around £460,000 median price is £460,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 10 RICHMOND CLOSE: £460,000 (Sold on 22 Jun 2017)
    • The first recorded sale happened at this postcode is , 10 RICHMOND CLOSE: £460,000 (Sold on 22 Jun 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£996,6673
2023£1,092,917 £5,298 6
2022£1,321,250 £4,828 8
2021£756,500 £4,196 22
2020£721,250 £3,648 8
2019£659,286 £3,317 7
2018£607,731 £3,782 16
2017£600,000 £3,084 13
2016£684,633 £3,263 13
2015£603,967 £2,915 15
2014£591,727 £4,782 11
2013£538,346 £3,346 13
2012£415,000 £2,497 2
2011£503,800 £2,967 10
2010£740,278 £2,797 9
2009£579,750 £3,191 8
2008£667,500 £3,044 6
2007£678,909 £2,810 21
2006£508,091 £2,892 16
2005£559,464 £2,641 14
2004£399,000 £2,014 12
2003£342,552 £1,874 16
2002£344,560 £1,435 25
2001£352,672 £1,473 16
2000£296,280 £1,570 23
1999£211,295 £1,129 22
1998£215,125 £839 16
1997£158,628 £897 20
1996£161,156 £755 16
1995£115,500 £667 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,100,000 £3,323 1
2018£3,000,0001
2017£3,000,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£605,000 £3,250 2
2011£525,000 £991 1
2004£249,5001
2001£116,0001
2000£100,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£460,000 £3,067 1

House Type in TQ1 2PW area

The most common house types in the TQ1 2PW postcode area are Detached (95), Terraced (24), and Semi-detached (12).

Total147
Detached95
Terraced24
Semi-detached12
Shared house12
Flat2
commercial building1
temporary structure1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright81
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency18
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the TQ1 2PW have 2 people in household (68), and 1 person in household (41).

2 people in household68
1 person in household41
4 people in household18
3 people in household16
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0