Housing Market Analysis for PETREL CLOSE, TQ2 7SP

Are you looking to understand TQ2 7SP 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 7SP area, explore the TQ2 7SP Area information page.
For comprehensive crime statistics in the TQ2 7SP area, explore the TQ2 7SP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TQ2 7SP postcode area, The average prices are as follows,

  • Flat
    • The average price is around £86,000 median price is £69,500 Standard Deviation is £43,199 with Total Sold: 5
    • The Last 5 Year average price is £140,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 PETREL CLOSE: £140,000 (Sold on 14 Sep 2020)
    • The first recorded sale happened at this postcode is 7 PETREL CLOSE: £42,250 (Sold on 07 Jun 1996)
  • Terraced
    • The average price is around £105,639 median price is £126,000 Standard Deviation is £42,549 with Total Sold: 9
    • The most recent sale happened at this postcode is 3 PETREL CLOSE: £135,000 (Sold on 24 Mar 2016)
    • The first recorded sale happened at this postcode is 1 PETREL CLOSE: £41,500 (Sold on 02 May 1995)
  • Detached
    • The average price is around £110,500 median price is £110,500 Standard Deviation is £48,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 PETREL CLOSE: £159,000 (Sold on 22 Oct 2007)
    • The first recorded sale happened at this postcode is 5 PETREL CLOSE: £62,000 (Sold on 07 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average TQ2 7SP 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
2020£140,000 £2,917 1
2012£135,000 £2,812 1
2001£69,500 £1,448 1
1996£42,750 £891 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£135,000 £2,455 1
2014£155,000 £3,185 1
2011£140,000 £2,877 1
2007£145,000 £2,980 1
2003£114,500 £2,231 2
2001£60,000 £1,233 1
1998£45,250 £930 1
1995£41,500 £853 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£159,000 £3,118 1
1999£62,000 £1,216 1

All the Sales in the PETREL CLOSE, TQ2 7SP

See the table below for more details on the sold house prices in the TQ2 7SP, Torbay postcode.

AddressSold DatePrice% Change
7 PETREL CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-199014 Sep 2020£140,0003.70%
03 Feb 2012£135,00094.24%
16 Jul 2001£69,50060.69%
17 Sep 1996£43,2502.37%
07 Jun 1996£42,250First Sale
3 PETREL CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1976-198224 Mar 2016£135,00031.07%
24 Apr 2003£103,000First Sale
1 PETREL CLOSETerraced, FreeholdArea: 48.66 Sq.mtrAge: 1991-199520 Jun 2014£155,00010.71%
15 Jul 2011£140,000-3.45%
31 Aug 2007£145,00015.08%
12 Dec 2003£126,000110.00%
06 Apr 2001£60,00032.60%
14 Aug 1998£45,2509.04%
02 May 1995£41,500First Sale
5 PETREL CLOSEDetached, FreeholdArea: 51 Sq.mtrAge: 1991-199522 Oct 2007£159,000156.45%
07 Sep 1999£62,000First Sale

Check out the sold house prices near the TQ2 7SP postcode. Properties currently for saleProperties currently for rent

PETREL CLOSE, TQ2 7SP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TQ2 7SP 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 7SP postcode.

  • Semi-Detached
    • The average price is around £127,641 median price is £125,000 Standard Deviation is £62,373 with Total Sold: 389
    • The Last 5 Year average price is £245,308 with Total Sold: 26
    • The most recent sale happened at this postcode is , 30 KINGFISHER CLOSE: £228,500 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 PEREGRINE CLOSE: £67,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £212,451 median price is £212,500 Standard Deviation is £93,269 with Total Sold: 439
    • The Last 5 Year average price is £374,632 with Total Sold: 34
    • The most recent sale happened at this postcode is , 1 EAGLEWOOD CLOSE: £375,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 SWALLOWFIELD RISE: £135,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £122,462 median price is £122,000 Standard Deviation is £54,083 with Total Sold: 561
    • The Last 5 Year average price is £224,685 with Total Sold: 41
    • The most recent sale happened at this postcode is , 22 CURLEW CLOSE: £260,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 51 HERON WAY: £59,950 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £581,990 median price is £240,000 Standard Deviation is £557,077 with Total Sold: 5
    • The Last 5 Year average price is £162,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 15 CENTENARY WAY: £85,000 (Sold on 14 Nov 2022)
    • The first recorded sale happened at this postcode is , THE WILLOW TREE CONDOR WAY: £1,540,000 (Sold on 05 Jul 2018)
  • Flat
    • The average price is around £89,236 median price is £69,500 Standard Deviation is £44,232 with Total Sold: 21
    • The Last 5 Year average price is £164,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 7 PETREL CLOSE: £140,000 (Sold on 14 Sep 2020)
    • The first recorded sale happened at this postcode is , 60 HERON WAY: £48,750 (Sold on 10 Jul 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£241,750 £3,000 2
2023£262,000 £4,087 5
2022£282,917 £3,614 6
2021£233,857 £2,997 7
2020£208,333 £3,051 6
2019£210,188 £2,919 13
2018£198,590 £2,918 5
2017£174,750 £2,745 5
2016£187,144 £2,615 17
2015£190,492 £2,464 6
2014£170,541 £2,540 11
2013£159,700 £2,436 5
2012£159,125 £2,284 8
2011£163,000 £2,243 4
2010£152,333 £2,188 3
2009£158,438 £2,194 4
2008£185,700 £2,449 5
2007£181,632 £2,630 11
2006£176,458 £2,219 22
2005£157,742 £2,339 13
2004£145,557 £2,274 15
2003£139,470 £1,879 20
2002£114,688 £1,616 30
2001£85,261 £1,204 32
2000£78,415 £1,136 27
1999£66,441 £984 27
1998£61,508 £897 26
1997£56,220 £869 28
1996£61,340 £794 16
1995£59,378 £658 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£401,6673
2023£408,333 £3,437 3
2022£406,750 £3,861 8
2021£389,333 £3,222 12
2020£297,688 £2,844 8
2019£326,250 £2,740 4
2018£270,714 £2,815 7
2017£326,318 £2,653 30
2016£265,387 £2,614 27
2015£264,000 £2,366 7
2014£251,772 £2,501 9
2013£235,056 £2,041 9
2012£467,500 £2,224 2
2011£215,444 £2,188 9
2010£228,850 £2,243 10
2009£254,862 £2,209 4
2008£265,825 £2,307 6
2007£245,508 £2,301 19
2006£232,814 £2,277 18
2005£216,826 £2,019 23
2004£244,715 £1,973 26
2003£200,918 £1,895 28
2002£152,154 £1,612 26
2001£135,413 £1,300 43
2000£123,732 £1,140 37
1999£102,525 £1,023 22
1998£110,438 £866 12
1997£111,495 £933 10
1996£89,621 £846 7
1995£85,645 £877 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,000 £3,715 5
2023£249,333 £3,684 3
2022£238,246 £5,386 13
2021£209,262 £3,290 13
2020£195,214 £2,849 7
2019£193,500 £2,840 7
2018£187,714 £2,894 14
2017£181,607 £2,917 7
2016£169,429 £2,765 7
2015£171,688 £2,568 13
2014£161,806 £2,574 9
2013£159,381 £2,421 21
2012£150,464 £2,329 14
2011£146,312 £2,285 8
2010£154,833 £2,249 6
2009£141,859 £2,240 11
2008£160,842 £2,510 13
2007£170,162 £2,583 21
2006£160,380 £2,488 22
2005£151,992 £2,551 18
2004£146,735 £2,306 20
2003£127,045 £2,017 41
2002£102,370 £1,608 56
2001£86,662 £1,314 46
2000£75,592 £1,161 52
1999£60,773 £938 37
1998£59,576 £960 31
1997£52,465 £862 17
1996£56,593 £687 7
1995£51,918 £814 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£85,000 £726 1
2021£240,000 £2,849 1
2019£885,0001
2018£849,975 £3,332 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£164,000 £3,417 2
2018£159,950 £3,332 1
2014£143,000 £2,918 1
2013£125,000 £2,451 1
2012£135,000 £2,812 1
2004£127,950 £2,509 1
2002£97,450 £1,568 2
2001£69,167 £1,444 3
2000£56,000 £1,167 1
1999£53,9502
1998£54,000 £1,106 2
1997£46,500 £574 1
1996£42,750 £891 2
1995£48,750 £1,037 1

House Type in TQ2 7SP area

The most common house types in the TQ2 7SP postcode area are Semi-detached (47), Terraced (45), and Detached (16).

Total108
Semi-detached47
Terraced45
Detached16
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (38), and Social rented: Other social rented (29).

Private rented: Private landlord or letting agency38
Social rented: Other social rented29
Owned: Owns with a mortgage or loan24
Owned: Owns outright12
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the TQ2 7SP have 2 people in household (41), and 3 people in household (24).

2 people in household41
3 people in household24
1 person in household23
4 people in household15
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0