Housing Market Analysis for MELVILLE LANE, TQ2 5TB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £95,650 median price is £97,000 Standard Deviation is £32,694 with Total Sold: 3
    • The most recent sale happened at this postcode is UPPER MAISONETTE, 7 MELVILLE LANE: £135,000 (Sold on 05 Mar 2018)
    • The first recorded sale happened at this postcode is 4A MELVILLE LANE: £54,950 (Sold on 27 Nov 2002)
  • Terraced
    • The average price is around £57,500 median price is £57,500 Standard Deviation is £37,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 MELVILLE LANE: £95,000 (Sold on 15 Jul 2015)
    • The first recorded sale happened at this postcode is 7 MELVILLE LANE: £20,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average TQ2 5TB 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
2018£135,0001
2005£97,0001
2002£54,950 £1,057 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£95,0001
1996£20,000 £155 1

All the Sales in the MELVILLE LANE, TQ2 5TB

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

AddressSold DatePrice% Change
UPPER MAISONETTE, 7 MELVILLE LANEFlat, Leasehold05 Mar 2018£135,00039.18%
17 Feb 2005£97,000First Sale
3 MELVILLE LANETerraced, Freehold15 Jul 2015£95,000First Sale
4A MELVILLE LANEFlat, LeaseholdArea: 52 Sq.mtrAge: before 190027 Nov 2002£54,950First Sale
7 MELVILLE LANETerraced, FreeholdArea: 129 Sq.mtrAge: before 190031 May 1996£20,000First Sale

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

MELVILLE LANE, TQ2 5TB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £168,146 median price is £125,000 Standard Deviation is £143,340 with Total Sold: 159
    • The Last 5 Year average price is £350,247 with Total Sold: 16
    • 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 £124,969 median price is £93,000 Standard Deviation is £107,149 with Total Sold: 2,307
    • The Last 5 Year average price is £168,558 with Total Sold: 401
    • 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 £121,177 median price is £115,000 Standard Deviation is £79,383 with Total Sold: 844
    • The Last 5 Year average price is £191,019 with Total Sold: 120
    • 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 £315,723 median price is £248,000 Standard Deviation is £280,812 with Total Sold: 247
    • The Last 5 Year average price is £592,650 with Total Sold: 30
    • 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 , 32 CROFT ROAD: £218,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £498,889 median price is £240,000 Standard Deviation is £931,852 with Total Sold: 171
    • The Last 5 Year average price is £416,905 with Total Sold: 96
    • 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£317,998 £2,224 2
2022£483,390 £3,311 5
2021£181,400 £2,564 5
2019£488,500 £3,554 2
2018£215,600 £1,985 5
2017£363,750 £2,004 6
2016£285,000 £2,425 2
2015£326,250 £1,514 4
2014£115,000 £1,946 3
2013£170,000 £1,393 1
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£161,075 £1,693 6
2006£231,250 £3,944 4
2005£192,000 £1,517 5
2004£198,439 £1,900 9
2003£176,246 £1,297 12
2002£114,930 £1,160 15
2001£124,723 £627 11
2000£68,650 £1,199 10
1999£81,182 £798 11
1998£72,229 £975 12
1997£73,750 £793 4
1996£62,500 £562 4
1995£40,112 £249 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,006 £1,980 25
2023£178,875 £2,540 52
2022£165,597 £2,417 86
2021£166,736 £2,541 106
2020£177,067 £2,170 75
2019£160,430 £2,143 57
2018£148,113 £2,152 100
2017£154,104 £2,210 96
2016£169,530 £2,168 82
2015£218,280 £2,581 100
2014£113,679 £1,716 83
2013£136,410 £1,886 72
2012£158,283 £1,919 46
2011£129,929 £1,782 48
2010£166,828 £2,012 63
2009£155,879 £2,045 46
2008£199,135 £2,645 68
2007£153,401 £2,346 83
2006£121,896 £1,962 87
2005£109,147 £2,007 77
2004£118,083 £2,074 105
2003£88,146 £1,801 127
2002£86,713 £1,317 146
2001£55,362 £1,001 87
2000£59,388 £866 74
1999£52,138 £893 67
1998£42,891 £700 74
1997£47,175 £684 73
1996£38,376 £631 64
1995£42,295 £666 38
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,250 £1,647 4
2023£202,212 £1,610 20
2022£189,702 £2,132 22
2021£198,917 £1,752 35
2020£199,395 £2,425 22
2019£155,929 £1,690 17
2018£156,239 £1,685 22
2017£162,596 £1,590 39
2016£150,705 £1,643 22
2015£141,938 £1,292 26
2014£140,202 £1,642 22
2013£103,562 £1,395 8
2012£119,067 £1,208 15
2011£126,439 £1,351 14
2010£164,182 £1,290 11
2009£120,067 £1,415 15
2008£180,963 £1,277 15
2007£163,453 £1,942 33
2006£165,619 £1,643 43
2005£137,241 £1,566 29
2004£132,877 £1,424 41
2003£115,067 £1,177 41
2002£98,494 £1,117 63
2001£76,746 £775 37
2000£72,657 £676 61
1999£62,908 £523 44
1998£45,234 £561 32
1997£41,092 £494 47
1996£55,181 £409 24
1995£58,350 £421 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£397,500 £5,360 2
2023£473,700 £2,871 5
2022£670,400 £2,876 5
2021£870,214 £2,781 7
2020£336,875 £2,087 4
2019£546,429 £2,783 7
2018£375,292 £2,793 6
2017£299,286 £2,150 7
2016£380,667 £3,299 6
2015£305,250 £2,559 8
2014£545,190 £2,161 5
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£346,222 £2,360 9
2005£272,882 £2,053 12
2004£293,143 £1,504 14
2003£330,0003
2002£214,021 £1,540 19
2001£229,232 £1,049 14
2000£178,776 £2,432 18
1999£218,484 £973 16
1998£147,056 £817 9
1997£413,481 £698 14
1996£92,133 £594 10
1995£108,300 £691 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,4297
2023£438,727 £1,008 11
2022£406,810 £3,076 21
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£1,779,6437
2014£822,3264
2013£211,0001

House Type in TQ2 5TB area

The most common house types in the TQ2 5TB postcode area are Shared house (51), Flat (50), and commercial building (20).

Total161
Shared house51
Flat50
commercial building20
converted building15
Terraced12
Semi-detached8
Detached5
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (117), and Owned: Owns with a mortgage or loan (24).

Private rented: Private landlord or letting agency117
Owned: Owns with a mortgage or loan24
Owned: Owns outright9
Private rented: Other private rented5
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the TQ2 5TB have 1 person in household (86), and 2 people in household (48).

1 person in household86
2 people in household48
4 people in household12
3 people in household8
5 people in household2
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0