Housing Market Analysis for MELVILLE PLACE, TQ2 5SY

Are you looking to understand TQ2 5SY 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 TQ2 5SY area, explore the TQ2 5SY Area information page.
For comprehensive crime statistics in the TQ2 5SY area, explore the TQ2 5SY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TQ2 5SY postcode area, The average prices are as follows,

  • Flat
    • The average price is around £82,850 median price is £79,000 Standard Deviation is £23,935 with Total Sold: 7
    • The Last 5 Year average price is £106,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3A MELVILLE PLACE: £106,000 (Sold on 21 Mar 2022)
    • The first recorded sale happened at this postcode is 3B MELVILLE PLACE: £55,000 (Sold on 06 Jul 2001)
  • Other
    • The average price is around £53,000 median price is £53,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £53,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WORKSHOP 1, 3 MELVILLE PLACE: £53,000 (Sold on 15 Oct 2020)
    • The first recorded sale happened at this postcode is WORKSHOP 1, 3 MELVILLE PLACE: £53,000 (Sold on 15 Oct 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average TQ2 5SY 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£106,000 £1,767 1
2017£105,000 £1,081 1
2007£79,000 £1,317 1
2005£71,0001
2004£114,000 £1,174 1
2002£49,9501
2001£55,000 £566 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£53,0001

All the Sales in the MELVILLE PLACE, TQ2 5SY

See the table below for more details on the sold house prices in the TQ2 5SY, Torbay postcode.

AddressSold DatePrice% Change
3A MELVILLE PLACEFlat, LeaseholdArea: 60 Sq.mtrAge: before 190021 Mar 2022£106,00034.18%
22 Nov 2007£79,000First Sale
WORKSHOP 1, 3 MELVILLE PLACEOther, Freehold15 Oct 2020£53,000First Sale
3B MELVILLE PLACEFlat, LeaseholdArea: 97.14 Sq.mtrAge: before 190010 Jul 2017£105,000-7.89%
25 Jun 2004£114,000107.27%
06 Jul 2001£55,000First Sale
3C MELVILLE PLACEFlat, Leasehold02 Dec 2005£71,00042.14%
25 Apr 2002£49,950First Sale

Check out the sold house prices near the TQ2 5SY postcode. Properties currently for saleProperties currently for rent

MELVILLE PLACE, TQ2 5SY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TQ2 5SY 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 TQ2 5SY postcode.

  • Semi-Detached
    • The average price is around £173,429 median price is £130,000 Standard Deviation is £150,029 with Total Sold: 195
    • The Last 5 Year average price is £352,474 with Total Sold: 21
    • The most recent sale happened at this postcode is , REWANDI PENNSYLVANIA ROAD: £222,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 64 WARREN ROAD: £11,000 (Sold on 17 Mar 1995)
  • Flat
    • The average price is around £124,532 median price is £95,000 Standard Deviation is £104,853 with Total Sold: 2,449
    • The Last 5 Year average price is £166,752 with Total Sold: 433
    • The most recent sale happened at this postcode is FLAT 10, SOVEREIGN HOUSE, 52 THE TERRACE: £206,500 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 6, HUNSDON COURT HUNSDON ROAD: £45,000 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £126,359 median price is £117,250 Standard Deviation is £89,476 with Total Sold: 882
    • The Last 5 Year average price is £197,805 with Total Sold: 124
    • The most recent sale happened at this postcode is , CAPRI ST LUKES ROAD NORTH: £219,500 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 HILLESDON ROAD: £30,000 (Sold on 04 Jan 1995)
  • Detached
    • The average price is around £321,794 median price is £249,400 Standard Deviation is £275,702 with Total Sold: 289
    • The Last 5 Year average price is £614,500 with Total Sold: 37
    • The most recent sale happened at this postcode is , 7 BINGFIELD CLOSE: £430,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , WHITBOURNE MUSEUM ROAD: £150,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £486,560 median price is £240,000 Standard Deviation is £917,698 with Total Sold: 175
    • The Last 5 Year average price is £398,928 with Total Sold: 99
    • The most recent sale happened at this postcode is GROUND FLOOR SHOP, UNIT 1, 31 MARKET STREET: £40,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 65 UNION STREET: £211,000 (Sold on 30 Dec 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,5002
2023£616,999 £2,828 3
2022£468,658 £3,810 6
2021£181,400 £2,564 5
2020£245,0001
2019£230,000 £1,653 4
2018£215,600 £1,985 5
2017£338,431 £1,990 8
2016£261,000 £2,082 4
2015£306,000 £1,514 5
2014£222,000 £2,130 5
2013£249,000 £2,144 2
2012£218,800 £1,973 5
2011£113,583 £1,744 3
2010£151,250 £2,446 4
2009£120,000 £1,104 1
2008£143,667 £2,186 3
2007£189,945 £1,659 10
2006£207,990 £3,394 5
2005£152,800 £1,743 5
2004£189,595 £1,869 10
2003£164,282 £1,278 14
2002£123,288 £1,226 17
2001£141,711 £816 14
2000£76,500 £1,353 11
1999£77,250 £793 12
1998£76,140 £922 15
1997£71,875 £575 6
1996£62,500 £562 4
1995£47,908 £301 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£156,160 £1,980 26
2023£167,485 £2,474 65
2022£166,971 £2,395 91
2021£166,436 £2,503 109
2020£176,633 £2,160 79
2019£158,206 £2,108 63
2018£149,527 £2,133 105
2017£151,019 £2,191 101
2016£168,149 £2,181 84
2015£216,824 £2,569 102
2014£113,608 £1,698 86
2013£135,706 £1,890 73
2012£156,375 £1,908 48
2011£128,571 £1,786 51
2010£164,707 £2,002 66
2009£155,364 £1,989 52
2008£196,061 £2,568 75
2007£150,739 £2,340 92
2006£119,154 £2,096 97
2005£110,147 £1,965 80
2004£119,895 £2,052 108
2003£91,287 £2,537 138
2002£86,394 £1,309 160
2001£57,082 £956 91
2000£57,395 £862 82
1999£51,578 £837 67
1998£43,526 £706 76
1997£47,862 £694 74
1996£40,040 £631 66
1995£41,243 £634 42
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,250 £1,647 4
2023£202,212 £1,610 20
2022£184,212 £2,158 21
2021£219,719 £1,941 37
2020£205,188 £2,423 25
2019£155,929 £1,690 17
2018£168,057 £1,679 22
2017£165,030 £1,590 40
2016£152,413 £1,725 23
2015£207,664 £1,818 33
2014£144,259 £1,651 23
2013£103,562 £1,395 8
2012£119,067 £1,208 15
2011£124,110 £1,351 15
2010£164,182 £1,290 11
2009£135,647 £1,415 17
2008£178,997 £1,382 16
2007£163,392 £1,576 33
2006£166,169 £1,626 45
2005£137,048 £1,557 31
2004£138,325 £1,478 46
2003£120,168 £1,177 43
2002£99,533 £1,117 64
2001£78,705 £775 37
2000£71,698 £677 61
1999£62,023 £526 42
1998£45,167 £551 33
1997£44,682 £497 51
1996£57,110 £404 26
1995£57,870 £462 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£408,333 £5,360 3
2023£473,700 £2,871 5
2022£766,167 £8,160 6
2021£782,150 £2,439 10
2020£413,900 £2,177 5
2019£581,875 £2,724 8
2018£375,292 £2,793 6
2017£313,889 £2,268 9
2016£401,286 £3,192 7
2015£366,417 £2,410 12
2014£501,825 £2,072 6
2013£343,167 £1,880 6
2012£339,354 £2,367 12
2011£438,000 £1,840 3
2010£242,000 £1,991 2
2009£284,500 £1,760 2
2008£387,214 £1,777 7
2007£520,278 £2,856 9
2006£351,000 £2,522 11
2005£272,882 £2,053 12
2004£311,875 £2,784 16
2003£310,000 £1,314 4
2002£222,778 £1,415 23
2001£208,953 £1,231 16
2000£170,340 £2,138 22
1999£184,368 £980 17
1998£148,350 £817 10
1997£397,077 £695 16
1996£92,133 £594 10
1995£114,607 £791 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,4297
2023£402,250 £1,008 12
2022£346,500 £3,076 22
2021£283,345 £4,293 20
2020£540,239 £10,731 23
2019£442,567 £2,157 15
2018£709,271 £1,682 24
2017£330,380 £4,378 23
2016£298,529 £1,713 17
2015£1,779,6437
2014£822,3264
2013£211,0001

House Type in TQ2 5SY area

The most common house types in the TQ2 5SY postcode area are Shared house (55), Flat (37), and Terraced (18).

Total125
Shared house55
Flat37
Terraced18
Detached7
Semi-detached5
converted building2
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (97), and Owned: Owns outright (15).

Private rented: Private landlord or letting agency97
Owned: Owns outright15
Owned: Owns with a mortgage or loan8
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the TQ2 5SY have 1 person in household (63), and 2 people in household (32).

1 person in household63
2 people in household32
3 people in household15
4 people in household12
5 people in household3
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0