Housing Market Analysis for MELVILLE STREET, TQ2 5SZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £98,976 median price is £87,000 Standard Deviation is £63,749 with Total Sold: 21
- The Last 5 Year average price is £222,500 with Total Sold: 1
- The most recent sale happened at this postcode is 24 MELVILLE STREET: £222,500 (Sold on 25 Mar 2024)
- The first recorded sale happened at this postcode is 20 MELVILLE STREET: £67,500 (Sold on 23 Jun 1995)
Flat
- The average price is around £52,900 median price is £17,500 Standard Deviation is £46,654 with Total Sold: 5
- The Last 5 Year average price is £110,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 2, 22 MELVILLE STREET: £110,000 (Sold on 24 Jan 2023)
- The first recorded sale happened at this postcode is 17A MELVILLE STREET: £17,500 (Sold on 07 Sep 1995)
Other
- The average price is around £110,000 median price is £110,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 14 MELVILLE STREET: £110,000 (Sold on 03 Nov 2017)
- The first recorded sale happened at this postcode is 14 MELVILLE STREET: £110,000 (Sold on 03 Nov 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average TQ2 5SZ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,500		1
2018	£143,750	£1,174	2
2017	£132,500	£1,656	1
2015	£127,000	£1,588	1
2013	£55,000	£1,170	1
2007	£110,000	£1,801	3
2006	£173,000	£1,467	3
2003	£76,500	£968	2
2002	£38,000		1
2000	£33,000	£673	1
1997	£28,500	£458	2
1996	£37,000	£457	1
1995	£43,500	£399	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£110,000	£1,447	2
1998	£13,500	£320	2
1995	£17,500	£372	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£110,000		1

All the Sales in the MELVILLE STREET, TQ2 5SZ

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

Address	Sold Date	Price	% Change
24 MELVILLE STREETTerraced, Freehold	25 Mar 2024	£222,500	33.23%
24 MELVILLE STREETTerraced, Freehold	29 Sep 2006	£167,000	First Sale
FLAT 2, 22 MELVILLE STREETFlat, LeaseholdArea: 76 Sq.mtrAge: before 1900	24 Jan 2023	£110,000	First Sale
22 MELVILLE STREETFlat, Freehold	18 Jan 2023	£110,000	First Sale
15 MELVILLE STREETTerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	31 Aug 2018	£115,000	46.50%
	05 Feb 2003	£78,500	112.16%
	31 May 1996	£37,000	First Sale
21 MELVILLE STREETTerraced, FreeholdArea: 186 Sq.mtrAge: before 1900	02 Mar 2018	£172,500	First Sale
14 MELVILLE STREETOther, Freehold	03 Nov 2017	£110,000	-56.00%
14 MELVILLE STREETOther, Freehold	05 Apr 2006	£250,000	First Sale
12 MELVILLE STREETTerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	08 Sep 2017	£132,500	4.33%
	17 Apr 2015	£127,000	70.47%
	20 Mar 2003	£74,500	96.05%
	14 Feb 1997	£38,000	First Sale
17A MELVILLE STREETTerraced, LeaseholdArea: 47 Sq.mtrAge: before 1900	30 Aug 2013	£55,000	214.29%
	07 Sep 1995	£17,500	First Sale
18A MELVILLE STREETTerraced, LeaseholdArea: 49 Sq.mtrAge: before 1900	04 Jul 2007	£93,000	-8.82%
	16 Nov 2006	£102,000	209.09%
	01 Dec 2000	£33,000	First Sale
19 MELVILLE STREETTerraced, FreeholdArea: 88 Sq.mtrAge: before 1900	20 Apr 2007	£150,000	First Sale
19A MELVILLE STREETTerraced, Freehold	16 Feb 2007	£87,000	128.95%
19A MELVILLE STREETTerraced, Freehold	02 Jul 2002	£38,000	First Sale
18 MELVILLE STREETFlat, LeaseholdArea: 49 Sq.mtrAge: before 1900	14 Aug 1998	£15,000	First Sale
13A MELVILLE STREETFlat, LeaseholdArea: 36 Sq.mtrAge: 1900-1929	24 Apr 1998	£12,000	First Sale
16 MELVILLE STREETTerraced, FreeholdArea: 45 Sq.mtrAge: 1900-1929	31 Jul 1997	£19,000	First Sale
16A MELVILLE STREETTerraced, FreeholdArea: 48.85 Sq.mtrAge: before 1900	12 Oct 1995	£19,500	First Sale
20 MELVILLE STREETTerraced, Freehold	23 Jun 1995	£67,500	First Sale

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

MELVILLE STREET, TQ2 5SZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £171,076 median price is £132,500 Standard Deviation is £137,260 with Total Sold: 182
- The Last 5 Year average price is £341,497 with Total Sold: 18
- 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 £124,680 median price is £93,000 Standard Deviation is £106,423 with Total Sold: 2,356
- The Last 5 Year average price is £168,396 with Total Sold: 409
- 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 , 5A COBURG PLACE: £24,500 (Sold on 10 Feb 1995)
Terraced
- The average price is around £121,997 median price is £115,000 Standard Deviation is £79,011 with Total Sold: 906
- The Last 5 Year average price is £193,886 with Total Sold: 131
- 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 £313,266 median price is £246,500 Standard Deviation is £276,931 with Total Sold: 256
- The Last 5 Year average price is £586,758 with Total Sold: 31
- The most recent sale happened at this postcode is THE VIEW 7, WESTWOOD VILLA, 111 ABBEY ROAD: £200,000 (Sold on 04 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 £493,910 median price is £235,000 Standard Deviation is £927,609 with Total Sold: 173
- The Last 5 Year average price is £409,790 with Total Sold: 98
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£333,500		2
2023	£317,998	£2,224	2
2022	£483,390	£3,311	5
2021	£181,400	£2,564	5
2020	£245,000		1
2019	£425,000	£3,050	3
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	£115,000	£1,946	3
2013	£249,000	£2,144	2
2012	£218,800	£1,973	5
2011	£113,583	£1,744	3
2010	£165,000	£2,809	3
2009	£120,000	£1,104	1
2008	£143,667	£2,186	3
2007	£184,939	£1,764	9
2006	£231,250	£3,944	4
2005	£181,250	£1,517	6
2004	£198,439	£1,900	9
2003	£176,246	£1,297	12
2002	£123,288	£1,226	17
2001	£141,711	£816	14
2000	£68,650	£1,199	10
1999	£81,182	£798	11
1998	£75,614	£922	14
1997	£78,625	£693	6
1996	£59,150	£562	5
1995	£48,490	£328	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£156,160	£1,980	26
2023	£180,877	£2,568	53
2022	£165,388	£2,424	88
2021	£166,000	£2,537	107
2020	£177,092	£2,174	76
2019	£160,203	£2,144	59
2018	£149,236	£2,147	103
2017	£153,969	£2,201	98
2016	£168,331	£2,152	83
2015	£217,733	£2,576	101
2014	£114,254	£1,722	84
2013	£135,706	£1,890	73
2012	£158,283	£1,919	46
2011	£128,767	£1,801	49
2010	£166,565	£2,018	64
2009	£155,551	£2,045	48
2008	£199,104	£2,625	69
2007	£153,610	£2,346	84
2006	£121,965	£1,962	89
2005	£110,024	£2,002	78
2004	£116,781	£2,040	109
2003	£88,755	£1,799	128
2002	£86,412	£1,317	152
2001	£55,261	£994	88
2000	£58,605	£861	76
1999	£51,739	£888	70
1998	£43,223	£706	76
1997	£47,077	£680	75
1996	£38,940	£631	65
1995	£42,082	£666	39

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£176,250	£1,647	4
2023	£202,212	£1,610	20
2022	£190,802	£2,161	23
2021	£203,178	£1,821	40
2020	£203,091	£2,365	27
2019	£155,929	£1,690	17
2018	£156,239	£1,685	22
2017	£165,030	£1,590	40
2016	£148,271	£1,611	24
2015	£142,126	£1,318	27
2014	£144,259	£1,651	23
2013	£103,562	£1,395	8
2012	£119,750	£1,193	16
2011	£126,010	£1,332	15
2010	£164,182	£1,290	11
2009	£128,444	£1,405	18
2008	£180,341	£1,277	16
2007	£165,284	£1,913	35
2006	£167,209	£1,643	46
2005	£135,797	£1,506	32
2004	£134,394	£1,439	43
2003	£118,161	£1,168	45
2002	£97,827	£1,076	69
2001	£77,121	£775	38
2000	£72,664	£677	64
1999	£62,636	£518	47
1998	£45,324	£557	34
1997	£42,398	£496	50
1996	£54,350	£407	28
1995	£56,833	£381	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£397,500	£5,360	2
2023	£473,700	£2,871	5
2022	£670,400	£2,876	5
2021	£812,688	£2,578	8
2020	£336,875	£2,087	4
2019	£546,429	£2,783	7
2018	£375,292	£2,793	6
2017	£316,250	£2,268	8
2016	£380,667	£3,299	6
2015	£305,250	£2,559	8
2014	£501,825	£2,072	6
2013	£343,167	£1,880	6
2012	£279,528	£2,131	9
2011	£438,000	£1,840	3
2010	£242,000	£1,991	2
2009	£284,500	£1,760	2
2008	£365,083	£1,817	6
2007	£520,278	£2,856	9
2006	£336,100	£2,275	10
2005	£272,882	£2,053	12
2004	£293,143	£1,504	14
2003	£330,000		3
2002	£217,070	£1,543	20
2001	£229,232	£1,049	14
2000	£174,849	£2,138	20
1999	£218,484	£973	16
1998	£147,056	£817	9
1997	£413,481	£698	14
1996	£92,133	£594	10
1995	£113,875	£700	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,429		7
2023	£403,542	£1,008	12
2022	£393,773	£3,076	22
2021	£293,662	£4,293	21
2020	£531,841	£10,731	22
2019	£462,393	£2,157	14
2018	£704,896	£1,682	24
2017	£345,352	£4,378	22
2016	£283,176	£1,713	17
2015	£1,779,643		7
2014	£822,326		4
2013	£211,000		1

House Type in TQ2 5SZ area

The most common house types in the TQ2 5SZ postcode area are Flat (60), Shared house (35), and Terraced (12).

Total	119
Flat	60
Shared house	35
Terraced	12
converted building	8
Detached	2
Semi-detached	2
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns outright (46).

Private rented: Private landlord or letting agency	53
Owned: Owns outright	46
Owned: Owns with a mortgage or loan	14
Private rented: Other private rented	5
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the TQ2 5SZ have 1 person in household (81), and 2 people in household (32).

1 person in household	81
2 people in household	32
3 people in household	4
4 people in household	2
5 people in household	1
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0