Housing Market Analysis for ERICA DRIVE, TQ2 8LP

Are you looking to understand TQ2 8LP 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 8LP area, explore the TQ2 8LP Area information page.
For comprehensive crime statistics in the TQ2 8LP area, explore the TQ2 8LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TQ2 8LP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £262,500 median price is £262,500 Standard Deviation is £122,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 ERICA DRIVE: £385,000 (Sold on 20 Dec 2016)
    • The first recorded sale happened at this postcode is 1 ERICA DRIVE: £140,000 (Sold on 30 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average TQ2 8LP 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
2016£385,000 £1,726 1
1997£140,000 £628 1

All the Sales in the ERICA DRIVE, TQ2 8LP

See the table below for more details on the sold house prices in the TQ2 8LP, Torbay postcode.

AddressSold DatePrice% Change
1 ERICA DRIVEDetached, FreeholdArea: 223 Sq.mtrAge: 1976-198220 Dec 2016£385,000175.00%
30 Sep 1997£140,000First Sale

Check out the sold house prices near the TQ2 8LP postcode. Properties currently for saleProperties currently for rent

ERICA DRIVE, TQ2 8LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TQ2 8LP 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 8LP postcode.

  • Terraced
    • The average price is around £127,214 median price is £133,000 Standard Deviation is £56,915 with Total Sold: 566
    • The Last 5 Year average price is £207,660 with Total Sold: 65
    • The most recent sale happened at this postcode is , 69 MINCENT HILL: £266,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 70 GOLDEN PARK AVENUE: £37,500 (Sold on 06 Feb 1995)
  • Semi-Detached
    • The average price is around £149,198 median price is £150,000 Standard Deviation is £67,364 with Total Sold: 1,284
    • The Last 5 Year average price is £237,786 with Total Sold: 165
    • The most recent sale happened at this postcode is , 9 GARD CLOSE: £302,500 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 83 SALISBURY AVENUE: £42,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £107,976 median price is £115,000 Standard Deviation is £37,759 with Total Sold: 305
    • The Last 5 Year average price is £134,402 with Total Sold: 60
    • The most recent sale happened at this postcode is APARTMENT 6, YEW PLACE WILLOWFIELD ROAD: £146,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is 8, BARTON COURT BARTON HILL ROAD: £25,000 (Sold on 29 Sep 1995)
  • Detached
    • The average price is around £217,180 median price is £218,000 Standard Deviation is £106,901 with Total Sold: 681
    • The Last 5 Year average price is £347,238 with Total Sold: 100
    • The most recent sale happened at this postcode is , SHIDE JACKS LANE: £708,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 GOLDEN PARK AVENUE: £73,000 (Sold on 21 Feb 1995)
  • Other
    • The average price is around £262,444 median price is £245,000 Standard Deviation is £124,677 with Total Sold: 9
    • The Last 5 Year average price is £301,429 with Total Sold: 7
    • The most recent sale happened at this postcode is GARAGE 48, EVOLVE AREA 5B SCOTTS MEADOW ISAAC GROVE: £245,000 (Sold on 29 Apr 2022)
    • The first recorded sale happened at this postcode is GARAGE, 72 GOLDEN PARK AVENUE: £12,000 (Sold on 15 Sep 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£229,7504
2023£237,143 £2,957 7
2022£229,594 £3,126 16
2021£207,662 £2,870 12
2020£188,650 £2,407 10
2019£179,184 £2,271 16
2018£156,423 £2,081 13
2017£164,356 £2,202 26
2016£164,292 £4,856 12
2015£154,594 £2,151 16
2014£145,672 £1,905 20
2013£152,216 £2,002 23
2012£137,775 £1,915 18
2011£154,333 £1,962 26
2010£141,757 £5,757 17
2009£130,998 £2,016 22
2008£164,353 £2,196 18
2007£164,284 £2,132 29
2006£140,254 £2,247 25
2005£138,665 £1,895 23
2004£132,318 £1,837 17
2003£102,439 £1,755 27
2002£86,663 £1,397 39
2001£69,218 £972 19
2000£60,037 £969 30
1999£49,424 £681 17
1998£48,750 £727 20
1997£42,327 £640 16
1996£42,268 £750 17
1995£37,655 £571 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,626 £3,375 19
2023£271,374 £3,704 17
2022£272,944 £3,459 27
2021£227,966 £2,797 38
2020£210,404 £2,662 27
2019£206,822 £2,393 37
2018£212,677 £2,570 31
2017£216,729 £2,403 39
2016£190,958 £2,406 31
2015£185,916 £2,430 24
2014£176,900 £2,406 30
2013£177,907 £2,211 52
2012£178,733 £2,023 39
2011£173,876 £2,074 37
2010£176,130 £2,008 32
2009£164,617 £2,104 41
2008£182,030 £2,238 43
2007£187,103 £2,361 61
2006£164,858 £2,237 73
2005£157,102 £2,143 43
2004£151,326 £2,107 58
2003£127,479 £1,899 86
2002£103,290 £1,406 62
2001£83,184 £1,281 83
2000£71,403 £1,132 65
1999£65,258 £793 46
1998£61,051 £725 36
1997£53,681 £715 49
1996£52,444 £615 25
1995£51,497 £753 33
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,5004
2023£139,704 £2,505 12
2022£145,978 £2,620 17
2021£130,000 £2,443 4
2020£113,164 £2,205 14
2019£134,639 £2,108 9
2018£106,045 £1,935 11
2017£121,942 £2,283 13
2016£110,921 £2,002 7
2015£117,385 £2,231 13
2014£106,477 £2,062 11
2013£123,183 £2,138 47
2012£99,857 £2,249 14
2011£109,912 £1,870 12
2010£115,325 £3,871 12
2009£107,579 £2,059 19
2008£108,000 £2,438 5
2007£126,174 £2,637 23
2006£103,681 £2,058 8
2005£75,833 £1,970 3
2004£92,850 £2,050 4
2003£68,262 £1,752 8
2002£58,667 £1,041 3
2001£43,522 £1,009 9
2000£35,750 £744 6
1999£31,250 £802 2
1998£29,750 £517 4
1997£31,083 £696 6
1996£31,250 £665 1
1995£27,688 £574 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£356,306 £3,005 8
2023£401,229 £3,650 14
2022£365,636 £3,349 11
2021£368,481 £3,383 27
2020£294,206 £2,725 18
2019£317,705 £2,976 22
2018£319,526 £2,761 17
2017£293,380 £2,806 25
2016£283,198 £2,605 26
2015£259,250 £2,183 20
2014£273,450 £2,301 19
2013£233,178 £2,098 14
2012£213,601 £2,320 16
2011£226,955 £2,493 11
2010£233,880 £2,214 22
2009£221,957 £2,083 14
2008£261,954 £2,214 12
2007£245,974 £2,280 37
2006£239,373 £2,120 35
2005£249,873 £2,023 28
2004£217,692 £2,151 44
2003£215,056 £2,042 16
2002£147,516 £1,478 48
2001£139,237 £1,251 27
2000£111,179 £873 19
1999£103,157 £817 32
1998£95,049 £860 30
1997£86,303 £713 23
1996£80,150 £795 28
1995£70,108 £711 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£245,0001
2021£377,500 £1,988 2
2020£323,333 £4,130 3
2019£140,000 £2,612 1
2017£240,000 £5,333 1
2016£12,0001

House Type in TQ2 8LP area

The most common house types in the TQ2 8LP postcode area are Detached (22), Semi-detached (20), and Flat (14).

Total79
Detached22
Semi-detached20
Flat14
temporary structure11
commercial building6
Shared house5
Terraced1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (29), and Owned: Owns outright (21).

Private rented: Private landlord or letting agency29
Owned: Owns outright21
Owned: Owns with a mortgage or loan14
Social rented: Other social rented8
Private rented: Other private rented5
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 8LP have 1 person in household (34), and 2 people in household (28).

1 person in household34
2 people in household28
3 people in household10
4 people in household3
5 people in household1
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0