Housing Market Analysis for LAKES CLOSE, TQ5 8PJ

Are you looking to understand TQ5 8PJ 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 TQ5 8PJ area, explore the TQ5 8PJ Area information page.
For comprehensive crime statistics in the TQ5 8PJ area, explore the TQ5 8PJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TQ5 8PJ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £139,556 median price is £144,975 Standard Deviation is £64,415 with Total Sold: 8
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 LAKES CLOSE: £240,000 (Sold on 29 Mar 2019)
    • The first recorded sale happened at this postcode is 1 LAKES CLOSE: £44,000 (Sold on 18 Jul 1995)
  • Detached
    • The average price is around £208,370 median price is £220,000 Standard Deviation is £46,109 with Total Sold: 5
    • The most recent sale happened at this postcode is 5 LAKES CLOSE: £264,400 (Sold on 28 Feb 2018)
    • The first recorded sale happened at this postcode is 7 LAKES CLOSE: £179,950 (Sold on 28 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average TQ5 8PJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£240,000 £4,444 1
2017£205,000 £3,796 1
2015£170,000 £2,632 1
2008£170,000 £2,632 1
2002£119,950 £2,221 1
2001£108,5001
1997£59,000 £1,093 1
1995£44,000 £815 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£264,400 £3,347 1
2017£242,500 £3,070 1
2016£220,000 £2,821 1
2002£157,475 £1,621 2

All the Sales in the LAKES CLOSE, TQ5 8PJ

See the table below for more details on the sold house prices in the TQ5 8PJ, Torbay postcode.

AddressSold DatePrice% Change
1 LAKES CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1967-197529 Mar 2019£240,00017.07%
09 Jun 2017£205,00070.90%
17 May 2002£119,950103.31%
27 Oct 1997£59,00034.09%
18 Jul 1995£44,000First Sale
5 LAKES CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1950-196628 Feb 2018£264,4009.03%
24 Feb 2017£242,500First Sale
2 LAKES CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1967-197502 Sep 2016£220,00062.96%
22 Nov 2002£135,000First Sale
4 LAKES CLOSESemi-Detached, FreeholdArea: 64.58 Sq.mtrAge: 1950-196607 May 2015£170,0000.0
22 Aug 2008£170,000First Sale
7 LAKES CLOSEDetached, FreeholdArea: 119 Sq.mtrAge: 1950-196628 Aug 2002£179,950First Sale
3 LAKES CLOSESemi-Detached, Freehold04 Sep 2001£108,500First Sale

Check out the sold house prices near the TQ5 8PJ postcode. Properties currently for saleProperties currently for rent

LAKES CLOSE, TQ5 8PJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TQ5 8PJ 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 TQ5 8PJ postcode.

  • Flat
    • The average price is around £85,962 median price is £83,250 Standard Deviation is £40,459 with Total Sold: 194
    • The Last 5 Year average price is £122,860 with Total Sold: 30
    • The most recent sale happened at this postcode is FLAT 1, BROOK COURT, 116 NEW ROAD: £130,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT K, VIX COURT PILLAR AVENUE: £32,000 (Sold on 06 Apr 1995)
  • Detached
    • The average price is around £203,760 median price is £198,975 Standard Deviation is £104,988 with Total Sold: 766
    • The Last 5 Year average price is £330,246 with Total Sold: 129
    • The most recent sale happened at this postcode is , 45 PENPETHY ROAD: £325,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 49 LICHFIELD DRIVE: £58,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £162,307 median price is £165,000 Standard Deviation is £75,674 with Total Sold: 438
    • The Last 5 Year average price is £277,628 with Total Sold: 58
    • The most recent sale happened at this postcode is , 12 SMARDON AVENUE: £411,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 27 LAKES ROAD: £54,000 (Sold on 09 Jan 1995)
  • Terraced
    • The average price is around £123,644 median price is £130,000 Standard Deviation is £64,701 with Total Sold: 306
    • The Last 5 Year average price is £208,255 with Total Sold: 37
    • The most recent sale happened at this postcode is , 4 LAVENDER CLOSE: £325,000 (Sold on 24 Jan 2024)
    • The first recorded sale happened at this postcode is , 60 CUMBER DRIVE: £45,000 (Sold on 24 Jan 1995)
  • Other
    • The average price is around £191,255 median price is £138,000 Standard Deviation is £207,817 with Total Sold: 19
    • The Last 5 Year average price is £185,450 with Total Sold: 12
    • The most recent sale happened at this postcode is , ANCHORAGE GUEST HOUSE, 170 NEW ROAD: £560,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , 34 PILLAR AVENUE: £950 (Sold on 04 Nov 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,1673
2023£179,500 £3,640 2
2022£169,180 £2,543 5
2021£105,862 £2,281 4
2020£100,667 £1,808 3
2019£105,458 £1,980 13
2018£129,564 £2,176 7
2017£105,700 £1,986 10
2016£109,711 £1,955 9
2015£89,979 £1,737 12
2014£98,944 £1,872 9
2013£93,357 £1,971 7
2012£95,667 £1,556 3
2011£99,750 £1,739 2
2010£85,000 £1,926 1
2009£90,100 £1,636 5
2008£115,0001
2007£112,4002
2006£98,744 £1,782 18
2005£92,500 £1,481 2
2004£106,625 £2,170 4
2003£85,400 £1,564 6
2002£62,496 £1,919 14
2001£57,883 £1,156 15
2000£49,781 £823 8
1999£35,075 £683 6
1998£34,869 £690 6
1997£39,188 £661 8
1996£35,375 £667 4
1995£27,290 £493 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£428,750 £4,286 5
2023£363,403 £4,969 16
2022£397,714 £5,210 14
2021£347,990 £3,852 40
2020£282,219 £3,311 26
2019£279,223 £3,384 28
2018£279,306 £3,031 27
2017£257,367 £2,845 27
2016£250,479 £3,068 29
2015£269,827 £2,861 32
2014£245,234 £2,593 24
2013£218,358 £2,602 30
2012£207,962 £2,507 17
2011£208,900 £2,503 20
2010£235,923 £2,520 22
2009£188,089 £2,342 9
2008£199,204 £2,429 12
2007£241,484 £2,613 37
2006£233,811 £2,454 19
2005£231,653 £2,308 15
2004£203,138 £2,124 28
2003£191,607 £1,824 27
2002£149,714 £1,561 48
2001£132,750 £1,325 33
2000£102,577 £1,041 32
1999£82,145 £930 40
1998£83,326 £839 23
1997£74,053 £864 38
1996£61,461 £781 27
1995£68,021 £665 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,500 £3,846 2
2023£306,650 £3,575 10
2022£283,125 £4,206 8
2021£287,026 £3,714 19
2020£248,272 £3,830 9
2019£242,195 £3,547 10
2018£237,765 £3,444 13
2017£227,117 £3,425 12
2016£200,324 £2,910 17
2015£190,667 £2,872 15
2014£180,647 £2,481 17
2013£178,071 £2,566 14
2012£179,468 £2,411 17
2011£199,779 £2,529 7
2010£188,167 £2,330 9
2009£160,372 £2,177 16
2008£186,814 £2,424 11
2007£190,323 £2,302 15
2006£178,869 £2,483 18
2005£167,558 £2,380 20
2004£154,290 £2,272 29
2003£134,500 £1,736 14
2002£125,734 £1,897 25
2001£92,548 £1,324 21
2000£75,070 £1,302 20
1999£75,722 £779 9
1998£61,216 £843 16
1997£63,886 £841 18
1996£55,175 £776 10
1995£49,669 £758 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £4,924 1
2023£254,500 £3,847 2
2022£243,664 £3,744 9
2021£206,833 £2,837 9
2020£180,429 £2,855 7
2019£172,661 £2,459 9
2018£174,833 £2,645 15
2017£173,883 £2,161 9
2016£173,722 £2,478 9
2015£171,445 £2,336 10
2014£160,321 £2,359 7
2013£160,421 £1,762 7
2012£142,230 £2,143 13
2011£127,700 £1,814 5
2010£144,188 £2,006 8
2009£134,500 £1,801 10
2008£146,679 £1,762 7
2007£173,306 £2,140 8
2006£142,505 £2,205 10
2005£151,028 £2,264 9
2004£150,344 £1,904 17
2003£120,612 £1,605 12
2002£82,722 £1,092 11
2001£73,086 £996 11
2000£69,281 £938 19
1999£46,411 £736 9
1998£51,206 £649 17
1997£42,990 £619 24
1996£40,242 £575 13
1995£39,900 £500 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£560,0001
2021£172,771 £458 7
2020£131,250 £278 2
2019£96,750 £2,159 2
2018£212,000 £2,409 1
2017£264,3754
2016£69,475 £1,123 2

House Type in TQ5 8PJ area

The most common house types in the TQ5 8PJ postcode area are Detached (61), Semi-detached (54), and Terraced (1).

Total120
Detached61
Semi-detached54
Terraced1
Flat1
Shared house1
converted building1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (92), and Owned: Owns with a mortgage or loan (17).

Owned: Owns outright92
Owned: Owns with a mortgage or loan17
Social rented: Other social rented4
Private rented: Private landlord or letting agency3
Private rented: Other private 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 TQ5 8PJ have 2 people in household (57), and 1 person in household (43).

2 people in household57
1 person in household43
3 people in household12
4 people in household5
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0